512 Breakers Arch , Lot 10

    Corolla, NC 27949
    • $1,599,900
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 105962
    UPDATED: 55 min ago
    $1,599,900
    • 10
      BEDS
    • 0.62
      ACRES
    • 10
      BATHS
    • 1
      1/2 BATHS
    • 6,951
      SQFT
    • $230
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2012
    County:

    School Ratings & Info

    Description

    Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going? Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan. This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" can potentially generate 197k annually in"advertised" income and has the potential for significant additional income. Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.

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    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Trisha Midgett - Midgett Realty. Data last updated: 2019-08-23T22:37:34.813.
    www.trishamidgett.com/homes/97309033

    512 Breakers Arch , Lot 10 Corolla, NC 27949

    • Price: $1,599,900
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 105962
    10
    Beds
    10
    Baths
    1
    ½ Baths
    0.62
    Acres
    6,951
    SQFT
    $230
    $/SQFT
    2012
    Built
    Neighborhood:
    Ocean Sands
    County:
    Currituck
    Area:
    Corolla Oceanside
    Property Description
    Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going? Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan. This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" can potentially generate 197k annually in"advertised" income and has the potential for significant additional income. Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.
    Exterior Features

    Construction Wood Exterior Lap SidingWood Extras Beach AccessCeiling Fan(S)Covered DecksElevatorHandicap FriendlyHot TubJet TubLandscapedLawn SprinklersOutside LightingOutside ShowerPatioScreened PorchSecurity SystemSmoke Detector(S) Foundation Piling Garage None Lot Description Level Lot Faces East Lot Size Dimensions 27000 Sq Feet- Pie Shaped Parking Paved Pool OutdoorIn GroundConcreteHeatedPrivate Pool Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Style Reverse Floor PlanNags HeadCraftsmanCoastal View Description Ocean Waterfront Location 4 - Lots From Oceanfront (5Th Ro

    Interior Features

    Air Conditioning CentralHeat PumpZoned Appliances DishwasherDryerIce MachineMicrowaveRefrigerator W/Ice MakerWall OvenWasher2Nd Dishwasher2Nd RefrigeratorWine Cooler Counter Tops Granite Floor Coverings CarpetTileWood Furnishings Available YN Yes Heating CentralElectricForced AirHeat PumpZoned Interior Features 9' CeilingsAll Window TreatmentsCathedral Ceiling(S)Dryer ConnectionGas ConnectionIce Maker ConnectionMaster BathPantrySome Windows TreatedWasher ConnectionWet Bar Optional Rooms FoyerGame RoomPantryShipswatchHome TheaterMedia Room

    Property Features

    Annual Rental Income 197610 Association Amenities Ocean AccessBoard Walk Association Fee Includes Walkways Association Fee YN Voluntary Bank Owned YN No Builder Olin Finch Estimated Annual Fee 0 Financing Options CashConventional Flood Zone X Full Subdivision Name Ocean Sands South Lease Terms Weekly Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Coastal Dalliance Rental Performance 0.1235 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2018 Taxes 4976 Water Municipal Zoning Residentia

    Listing courtesy of Tim Lancsek of Re/Max Surfside - Virtual Group.


    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Trisha Midgett - Midgett Realty. Data last updated: 2019-08-23T22:37:34.813.
     
    Trisha Midgett - Midgett Realty
    PO Box 114
    Rodanthe NC, 27968