1100 Schoolhouse Lane, Corolla, NC 27927

$1,499,000
6
BD
6
BA
3,350
SqFt
List Price
$1,499,000
MLS#
112183
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
6
Bathrooms
6
Full-baths
5
Half-baths
1
Living Area
3,350
Neighborhood
Corolla Village

Property Description

Remember that euphoric feeling building inside you as the minutes ticked down on that last day of school? The anticipation of long, lazy summer days ahead? That feeling has been remarkably captured in "School's Out" - a spectacular and rare oceanfront find in the heart of Corolla village. Time stands still here as you gaze out over the unbelievable expanse of the Atlantic Ocean. Backed into a private cul-de-sac, this 3000-sq-ft coastal beauty delivers all the ingredients for the perfect family vacation - a private outdoor heated pool (with the ocean as a backdrop), tiki bar, hot tub, game room complete with a shuffleboard table, two living and dining areas on the top level (all with ocean views) a spacious, well-equipped kitchen, 6 generous-sized bedrooms and 5 1/2 baths and a gas fireplace for those chilly fall nights. Classic wainscoting and beamed ceilings lend a homey nostalgic charm and the owners have faithfully maintained, repaired, replaced and updated as needed (see list of recent improvements, etc., in broker's notes). Because of its proximity to the historical village, you can explore all the wonders on foot. Stroll over to the beer garden and enjoy a cold one or discover a treasured gift in one of the many delightful small shops. You may even catch a glimpse of the wild ponies during your explorations. Yes, this is the one that should definitely be on your "to see" list. Bookings for 2021 are already at $163,120 NOT INCLUDING a summer week reserved for the owner.

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Construction
Frame, Wood
Siding
Shakes, Wood
Extras
Beach Access, Cabana, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Inside Laundry Room
Floor Coverings
Tile, Wood Laminate
Foundation
Piling
Garage
Carport
Heating
Central, Electric, Heat Pump
Interior Features
Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Master Bath, Some Windows Treated
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Breakfast Nook, Foyer
Parking
Paved, Off Street, Under
Pool
Yes
Possession
At Closing
Roads
Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Coastal
View
Ocean
Well
Municipal
Zip
27927
Neighborhood
Corolla Village
Year Built
1986
Annual Fee
200
County
Currituck
Annual Rental Income
163120
Rental Co
Village Realty
Rental Cottage #
CV-05
Rental Cottage Name
School's Out
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
163120
Rental Performance
0.1088
Yearly Expense Act/Est
Actual
Yr Electric Expense
4536
Yr Water Expense
892
Yr Cable TV Expense
1976
Insurance Expenses
$4,466
Flood Expenses
3100
Pool/Spa Expense
3085

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 Keller Williams - Obx.

Listed by Sarah Spencer

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