512 Breakers Arch, Corolla, NC 27949

$1,599,900
10
BD
11
BA
6,951
SqFt
List Price
$1,599,900
MLS#
105962
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
10
Bathrooms
11
Full-baths
10
Half-baths
1
Living Area
6,951
Neighborhood
Ocean Sands

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.

Additional Information

Air Conditioning
Central, Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Association Ammenities
Ocean Access, Board Walk
Association Fee Includes
Walkways
Construction
Wood
Countertops
Granite
Siding
Lap Siding, Wood
Extras
Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Screened Porch, Security System, Smoke Detector(s)
Floor Coverings
Carpet, Tile, Wood
Foundation
Piling
Garage
None
Heating
Central, Electric, Forced Air, Heat Pump, Zoned
Interior Features
9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ice Maker Connection, Master Bath, Pantry, Some Windows Treated, Washer Connection, Wet Bar
Lot Description
Level
Optional Rooms
Foyer, Game Room, Pantry, Shipswatch, Home Theater, Media Room
Parking
Paved
Pool
Yes
Possession
At Closing
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Nags Head, Craftsman, Coastal
View
Ocean
Well
Municipal
Zip
27949
Neighborhood
Ocean Sands
Lot Dimension
27000 Sq Feet- Pie Shaped
Year Built
2012
County
Currituck
Annual Rental Income
197610
Rental Co
Carolina Designs
Rental Cottage #
954
Rental Cottage Name
Coastal Dalliance
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
197610
Rental Performance
0.1235

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Re/Max Surfside - Virtual Group.

Listed by Tim Lancsek

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