$7,397,000 1459 Ocean Pearl Road Corolla, NC

MLS: 111689   Type: Single Family   County: Currituck   City: Corolla   Area: 4-wheel Drive Area   Neighborhood: Ocean Beach   Zip: 27927   Style: Coastal,Reverse Floor Plan     Stories: 1   Taxes: $10,534

Mortgage $34,728 /mo



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"Twenty years from now you will be more disappointed by the things you didn't do rather than the ones you did" Mark Twain... This OCEANFRONT investment opportunity is one of those things that you need to do! THE THREE AUTHORS - Three truly TIMELESS homes nestled in the dunes of the 4 wheel drive area with OVER $825,000 IN RENTAL INCOME IN 2020! June, July and August of 2021 are already booked for all 3 homes! This is a fantastic opportunity to own over 10 acres on the Outer Banks. An investment like no other, The Mark Twain(18 BR), The Hemingway(14 BR) and The Fitzgerald(14 BR) offer guests an incredible vacation. QUALITY AND STYLE abound in these exquisite homes which are furnished with LUXURY AND STYLE that match their name. Known for their quality materials, gourmet kitchens with commercial quality Viking appliances, gorgeous wood floors throughout, high quality carpets, extensive use of Porcelain and Marble...especially The Mark Twain, 90% of the furniture is handmade special order SOLID WOOD. This is the perfect location for a DREAM WEDDING, a CORPORATE RETREAT or a large FAMILY REUNION! The 4 wheel drive area is a favorite among guests to the Outer Banks - an oasis where you can escape life a week at a time! Imagine where the value will go when a bridge is built. The owner has taken great care in adding a high end Reverse Osmosis "whole house" water treatment system servicing all 3 homes for bottled water quality water. It was designed to run without fail for years and is easy to maintain. Enjoy the peace and serenity of the 4 wheel drive without the extra long drive! The homes are located just about 2 miles from the access point, so very close. You also have a private access directly from the beach that services all 3 homes! The properties have an experienced maintenance man helping to care for the homes including the pools and water treatment system.

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Price History

10/31/2020 Listed $7,397,000

Appliances 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Beds 46
Construction Frame, Wood
Cooling Heat Pump
Extras Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Water Filter, Tiki Bar
Financing Options Cash, Conventional
Full Baths 37
Half Baths 6
Heating Heat Pump
Lease Terms Weekly
Listing Area 4-Wheel Drive Area
Ownership Owned More than 12 Months
Potential Short Sale No
Roof Asphalt/Fiber Shingle
Status Active
Status Active
Style Coastal, Reverse Floor Plan
Subdivision NC
Subdivision Ocean Beach
Tax Year 2020
Taxes 10534.18
Type Single Family - Detached
View Ocean, Sound
Water Well
Waterfront Location Oceanfront
Year Built 2007
Zoning Res

Interior Features

Floor Covering Carpet, Tile, Wood
Furnishings Available Y/n Yes
Heated Living Area Sq Footage 25000
Interior Features All Window Treatments, Cathedral Ceiling(s), Dryer Connection, First Floor Master, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Washer Connection, Wet Bar
Optional Rooms Game Room, Home Theater, Loft
Total Number of Units 0

Exterior Features

Exterior Shakes
Foundation Piling
Lot Description Beach Frontage
Pool (Y/N) Yes
Pool Type Private
Pool Y/N Outdoor, Private Pool, Vinyl
Roads Private, Unpaved

Property Schools

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Property vs Zip Code Avg (27927)

Price 7.39M Avg 1.34M

Sqr Feet 25,000 Avg 4,083

Cost / Sqr Ft $296 Avg $330

Taxes $10,534 Avg $6,081

Visits 105 Avg 150

Days on Site 26 Avg 129

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Listing Provided Courtesy Of: Randy Jones @ Howard Hanna Outer Banks Realty

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Location & Address

Buy the Beach Realty, LLC
115 W. Oregon Avenue Unit 2
Kill Devil Hills, NC