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Listing Details For 998 Cruz Bay Lane in Corolla

Closing Price:
$1,700,000
998 Cruz Bay Lane, Corolla, NC 27927
6 bd
6 ba
0 sq ft
MLS #: 128586
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,700,000.00
Closing Date: 4/25/2025
Contract Date: 3/22/2025
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 5
Due Diligence Date: 4/20/2025

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 5
Cumulative Days On Market: 5
Listing Price: $1,700,000
Original Listing Price: $1,700,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/17/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3555
Total Living Area Sq Ft: 3555
Asking Price Per SqFt: $478.00
BedroomsTotal: 6
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2015
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Countertop Range, Dishwasher, Microwave, Refrigerator w/Ice Maker, Wall Oven, 2nd Refrigerator
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Builder Name: Renaissance
Counter Tops: Granite,Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Game Room, Pantry, Utility Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Corolla Bay
Subdivision Name: Soundfront at Corolla Bay
Deed Book: 1295
Deed Book Page Number: 79
County Pin Number: 115E00000260000
Price Change: 4/25/2025
Road Surface: Paved, Private
Association Amenities: Ocean Access, Sound Access

Lot Details

Lot Size Acres: 0.39
Lot Size Dimensions: 70x244
Lot Size Square Feet: 17080
Lot Features: Waterfront
Lot Faces: w
Water Frontage: 70
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $7,138.00
Home Oner Insurance Expense: 2130
Flood Zone: X
Wind Insurance: 8827
Water Source: Municipal
Yearly Water Expense: 3984
Other Yearly Expense: 1887
Pool Or Spa Expense: 6995
Yearly Expense: Actual
Yearly Elecric Expense: 4450
Yearly Cable Tv Expense: 3000
Contract Status Change Date: 4/26/2025
Estimated Annual Fee Amt: $1,100.00
Sewer: Shared Septic
Septic Fee: 2228
Maintenance Expense: 1400
Association Fee Includes: Electricity, Common Insurance, Management, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub
Fuel Tanks: Leased
HOA Contact Name: Seaside Mgmt
Primary Residence: No
Street Frontage : 70
HOA Contact Info: 252 261-11200

Rental Income

Annual Rental Income: 153580
Rental Performance: 0.0903
Owner Rental Income 2024 Amount: 112000
Avertised Income 2024 Amount: 126330
Owner Renatl Income 2023 Amount: 110825
Avertised Income 2023 Amount: 124163

Listing Agent Remarks

Stunning soundfront home that has been maintaned to look like new. Once a model home for the community, this luxurious beauty was built by Renaissance Construction. Quality construction with top of the line finishes and furnishings. You dont need to know a thing about construction and the second you enter this home you know its well built. Granite countertops, wood flooring and ceramic tile baths. If stairs are a problem, take the elevator. Large game room on the ground floor to keep the kids entertained. Large decks for entertaining and enjoying the sound views and watching the bald eagles. Private soundfront pool to enjoy when not beachin it. Completely turnkey for a buyer that doesn't want to fix deferred maintenance issues; its ready to rent now.

Directions

from NC 12, turn West on Devils Bay Ln, turn South on Cruz Bay Ln, house is on the right side of road.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 998 Cruz Bay Lane in Corolla is provided courtesy of Outer Banks Realty Group . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 998 Cruz Bay Lane in Corolla is no longer available for sale.

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