$3,195,000 1873 Ocean Pearl Road Corolla, NC

MLS: 99427   Type: Single Family   County: Currituck   City: Corolla   Area: 4-wheel Drive Area   Neighborhood: Swan Island Estates   Zip: 27927   Style: Nags Head,Coastal     Stories: 1   Taxes: $11,150

Mortgage $15,000 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

23

20

3

12,468

0

2010

10 beautiful acres of Ocean to Sound Privacy! This could be one of the most rare opportunities on the East Coast. Included within this vast acreage is a magnificent 12,000+ sqft estate with 23 bedrooms fully furnished and ready to enjoy. Currently a vacation rental and special event retreat, this home generates significant annual income repeatedly grossing between $450-550K. Remotely located in the 4x4 only beaches of Corolla, this one-of-a-kind estate incorporates Old Nags Head style architecture with modern amenities and luxury furnishings. Features include 11,000 sqft of expansive decking, dance and multimedia hall, multiple bar areas, theater room, billiards, large gourmet kitchen with separate commercial kitchen and private elevator access for staff. Enjoy panoramic views of the sea, wild horses grazing near the property in the 1300+ acre US Fish and Wildlife Preserve, or lounge by the pool. You must see this house in person to fully appreciate the size and privacy. There is an adjacent 10 acre oceanfront lot also available and borders the 1300 acre US F&W preserve to ensure the privacy or allow for further development of this special compound. Additional financial information available to qualified buyers. Check out the Virtual tour at https://my.matterport.com/show/?m=uc9Lz25dzYe&brand=0&utm;_source=3

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Price History

2/28/2018 Listed $3,895,000
8/13/2018 18% - $3,195,000

Bank Owned Y/n No
Class RESIDENTIAL
Construction Frame, Wood
Extras Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Water Softener, Tiki Bar
Financing Options Cash, Non-conforming/Jumbo
Listing Area 4-Wheel Drive Area
Listing Status Active
Ownership Owned More than 12 Months
Potential Short Sale No
Status Active
Style Nags Head, Coastal
Subdivision Swan Island Estates
Tax Year 2017
Taxes 11150
Type Single Family - Detached
Year Built 2010
Zoning res

Interior Features

Appliances Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
Cooling Central
Floor Covering Carpet, Tile, Wood
Full Baths 20
Furnishings Available Y/n Yes
Half Baths 3
Heating Central, Heat Pump
Interior Features Cathedral Ceiling(s), Master Bath, Wet Bar, Electric Fireplace
Optional Rooms Foyer, Game Room, Home Theater, Media Room
Total Beds 23

Exterior Features

Exterior Shakes, Wood
Flood Zone AE, VE, Cobra
Foundation Piling
Lot Description Beach Frontage, Water Frontage
Pool (Y/N) In Ground, Gunite, Custom, Heated, Private Pool
Pool (Y/N) Yes
Pool Type Private
Roads Unpaved
Roof Asphalt/Fiber Shingle
View Ocean, Park Serv/Preserve
Water Private, Well
Waterfront 124

Property Schools



Direct Link:

https://www.buythebeachobx.com/property/132-99427-1873-Ocean-Pearl-Road-Corolla-NC-27927

Gallery (36 photos)

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Property vs Zip Code Avg (27927)

Price 3.19M Avg 883K

Sqr Feet 12,468 Avg 3,343

Cost / Sqr Ft $256 Avg $264

Taxes $11,150 Avg $4,087

Visits 891 Avg 195

Days on Site 264 Avg 179

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Listing Provided Courtesy Of: Jason Summerton @ Twiddy & Company - Wash Woods




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Location & Address

Buy the Beach Realty, LLC
115 W. Oregon Avenue Unit 2
Kill Devil Hills, NC
252-489-2043