1873 Ocean Pearl Road, Corolla, NC 27927

$3,195,000
23
BD
23
BA
12,468
SqFt
List Price
$3,195,000
Price Change
▼ $700,000 1534191377
MLS#
99427
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
23
Bathrooms
23
Full-baths
20
Half-baths
3
Living Area
12,468
Neighborhood
Swan Island Estates

Property Description

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

Additional Information

Air Conditioning
Central
Appliances
Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
Construction
Frame, Wood
Countertops
Granite
Siding
Shakes, 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
Floor Coverings
Carpet, Tile, Wood
Foundation
Piling
Heating
Central, Heat Pump
Interior Features
Cathedral Ceiling(s), Master Bath, Wet Bar, Electric Fireplace
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Foyer, Game Room, Home Theater, Media Room
Pool
Yes
Possession
At Closing
Roads
Unpaved
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Nags Head, Coastal
View
Ocean, Park Serv/Preserve
Well
Private, Well
Zip
27927
Neighborhood
Swan Island Estates
Year Built
2010
Directions
Contact agent
County
Currituck
Annual Rental Income
523475
Rental Co
Twiddy And Company
Rental Cottage #
T11870
Rental Cottage Name
Wild Horse
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
523475
Rental Performance
0.1638

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 Twiddy & Company - Wash Woods.

Listed by Jason Summerton

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