472 Pipsis Point Road

Sold Co Op By Member 6/12/23
Sold Co Op By Member 6/12/23
Gallery Image 1
Last Sold Price
$1,775,000
5 beds3,635 sqft$488/sqft
472 Pipsis Point Rd, Lot 15, Corolla, NC 27927

Description

472 Pipsis Point Rd, "The Summerhouse"; a beautiful, classically styled Pine Island Semi-Oceanfront property, located in a quiet, private setting, one of the best semi-oceanfront positions on the Outer Banks, offering an opulent & open 3,635 sf design, multiple good caliber ocean views, large private pool area with cabana, garage, all well cared for and in good, clean condition...inside & out! The large lot sizes in this area, along with good property spacing, and natural vegetation, provides a tranquil...472 Pipsis Point Rd, "The Summerhouse"; a beautiful, classically styled Pine Island Semi-Oceanfront property, located in a quiet, private setting, one of the best semi-oceanfront positions on the Outer Banks, offering an opulent & open 3,635 sf design, multiple good caliber ocean views, large private pool area with cabana, garage, all well cared for and in good, clean condition...inside & out! The large lot sizes in this area, along with good property spacing, and natural vegetation, provides a tranquil feel and setting, with several wide 'view alleys', all just 300' from the community beach access. Well designed & comfortable floorplan, offering an open & bright great room, with 14' ceilings, extensive floor to ceiling window fenestration, great ocean views, reclaimed antique Heart Pine wood flooring (from original Sears Catalog Building in Chicago, IL), with East and Southern exposure, ample open decking and a great screened porch, with customized wood dining table & a cool serving window pass through to the kitchen. Enjoy breakfast, lunch, or pick some crabs for dinner! This is a clean and comfortable home, with ocean views, easy ocean access, great private pool area with cabana building, in a top notch community....everything guests desire! Along with large comfortable bedrooms, the home design offers multiple (4) common areas, including ground level game room with wet bar and foosball, mid level media room, top level library, and a loft. Conversion of the mid level media room to a 6th bedroom may be possible, subject to County and POA approval, see broker notes. This is an attractive and well maintained property, ready for immediate use and enjoyment, with many upgrades and updates over time; including updated 2023 great room & 3rd floor master bedroom quality Exotic Home furnishings & decor, updated fixtures / lighting, 2023 interior painting, a 2022 'Fortified' Certified Roof w/ certificate, (2) 2021 water heaters, and more. The home is clean, clean, clean, and will be a pleasure to show and own. The ground level provides expanded concrete driveway, mature and low maintenance coastal themed landscaping, full sized garage, carport with dry entry, 2 outside showers, large private pool area with afternoon sun and pool cabana building for shade, game room, twin bedroom, full bath, and laundry. Split level foyer entrance, with composite decking & vinyl railings, then the mid level provides 2 large master suites, bunk room serviced by full hall bath, media room with pull out couch, ample decking on front, side and rear of the home, & hot tub area. Top level offers open great room, 1/2 bath, loft, library room, granite kitchen w/ pantry, fireplace, large master suite w/ high ceilings & transom windows. Owner storage closets on all three levels. This home is fully booked for this summers rental season, providing a perfect time for a new owner to collect seasonal enjoyment & income w/o off season ownership. Owner limits rental availability, offered just from 5/28/23 to 10/1/23. With just 15 weeks of availability, if desired rental income could be increased significantly by providing more availability. Spanning over 3 miles of coastline, the Pine Island community provides one of the quietest sections of beach on the Outer Banks, with a good amenity package, including an outdoor pool, tennis, and basketball facility just a few homes away from this location, and a large oceanfront pool complex as well, security services, and trash bin roll out and in. This home is well positioned almost equal distances from the Town of Duck, accessible by 'off the road' biking paths, and from Tim Buck II and Monterey Plaza shopping and dining, and all Corolla has to offer. Take advantage of this excellent OBX opportunity today and capture summer use, enjoyment, and rental income. Additional photos at: https://www.mylisting.cloud/v2/DWVPOGM/unbra
LISTING CLOSED: 06/11/2023 08:00 PM

  1. Listed by Mark J Massey • Outer Banks Realty Group
    C: (252) 202-4335 mark_bda@yahoo.com

Property Details for 472 Pipsis Point Road

Status
Sold Co Op By Member
MLS #
121920
Days on Market
13
Taxes
$5,544 / year
HOA Fees
$3,087 / year
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1995
Lot Size
0.42 AC / 18,086 SF
County
Currituck County
Architectural Style
Reverse Floor Plan, Coastal, Cottage
View
Ocean
Waterfront Features
Semi-Oceanfront (2nd row)
Zoning
SFO
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Location

Listing Courtesy of Outer Banks Realty Group

Sold By Beach Realty & Construction

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Building Information for 472 Pipsis Point Road

Stories-Year Built1995Building Size-Lot Size0.42 AC / 18,086 SF

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$9,741 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,022

Property Taxes

$462

HOA Dues

$257

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Property Information for 472 Pipsis Point Road

Summary
Location and General Information
  • Directions: Into Northern Pine Island Entrance, left / North of North Cove Rd, Left / North on Pipsis Point, in Cul de Sac.
  • Latitude: 36.278029
  • Longitude: -75.793649
  • Subdivision Name: Pine Island Pud
  • Year Built: 1995
  • ZH Flood Zone: X
  • Full Subdivision Name: Pine Island
  • Front Garage: 1 Car,Attached,Carport
Parking
  • Parking Features: Paved, Off Street, Underground
Taxes and HOA
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Common Area
  • Association Fee Includes: Electricity, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Tax Annual Amount: $5,544.03
  • Tax Year: 2022
  • Assoc Fee Y Or N Or Voluntary: Yes
  • HOA Contact: Seaside Management
  • HOA Contact Info: 252-261-1200
Property
Lot Information
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Acres: 0.42
  • Lot Size Square Feet: 18086.0
  • Road Surface Type: Paved, Private
Property and Assessments
  • Ownership: Owned More than 12 Months
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed Book: 1684
  • Deed Book Pg Number: 407
  • Bill of Sale In Amt Y Or N: Yes
  • Furnishings Available Y Or N: Yes
  • Bank Or Institution Owned: No
  • Lot Faces N or E or W or S: E
  • Pin Number: 127C00000150000
  • Headline: Great Semi-Oceanfront location
  • Primary Htd Lv Ar SF: 3635.0
Utilities
  • Sewer: Private Sewer
  • Water Source: Municipal
  • Fuel Tanks: Leased
Interior and Exterior Features
Exterior Feature
  • Pool Type: Private and Association
  • E Exterior: Shakes,Wood
  • Pool: Yes
  • Construction Materials: Frame, Wood Siding
  • Pool Features: Outdoor Pool, In Ground, Fiberglass, Private, Association
  • Roof: Asphalt
Interior Feature
  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bathrooms Full: 6
  • Bathrooms Partial: 1
  • Bedrooms Total: 5
  • Cooling: Heat Pump, Zoned
  • Flooring: Carpet, Tile, Hardwood, Vinyl Tile
  • Foundation Details: Piling, Slab
  • Heating: Electric, Heat Pump, Zoned
  • Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Pantry
  • Room Type: Foyer, Game Room, Library, Loft, Office, Pantry, Workshop, Shipswatch, Media Room
  • ZF Counter Tops: Granite
  • Electronic Locks: Owned
Multi Family
Income & Expenses
  • Flood Insurance: 1141
Agent
Sale and Listing
  • Listing Id: 121920
Rental
Rent Information
  • X Lease Terms: Weekly
  • Sale Or Rent: S
  • ZE Listing Restrictions: 1031 Tax Deferred Exch.
  • Estimated Annual Fee Amt: 3087

Property History for 472 Pipsis Point Road

DateEvent & SourcePriceAppreciation
Jun 11, 2023

Sold

Outer Banks Association of REALTORS #121920

$1,775,000—
Apr 7, 2023

Listed (Active)

Outer Banks Association of REALTORS #121920

$1,825,000—
Mar 10, 2022

Sold

Outer Banks Association of REALTORS #117699

$1,699,999—
DateEvent & SourcePrice
06/11/2023

Sold

Outer Banks Association of REALTORS #121920

$1,775,000
04/07/2023

Listed (Active)

Outer Banks Association of REALTORS #121920

$1,825,000
03/10/2022

Sold

Outer Banks Association of REALTORS #117699

$1,699,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 472 Pipsis Point Road

This home is within Currituck County School District.
Rating
School
Type
Grades
Distance
Knotts Island Elementary
Public - K to 5
Currituck County Middle
Public - 6 to 8
Currituck County High
Public - 9 to 12
J.P. Knapp Early College High School
Public - 9 to 13
Rating
School
Distance
Knotts Island Elementary
PublicK to 5

Currituck County Middle
Public6 to 8

Currituck County High
Public9 to 12

J.P. Knapp Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 472 Pipsis Point Road, Corolla, NC 27927
$1,775,000
5
3,635
18,086
472 Pipsis Point Road, Corolla, NC 27927
$1,775,000
5
6
3,608
–
470 Pipsis Point Road, Corolla, NC 27927
$2,290,000
5
5.5
3,310
22,061
470 Pipsis Point Road, Corolla, NC 27927
$1,000,000
5
3,310
21,257
475 Pipsis Point Road, Corolla, NC 27927
–
4
4
4,398
–
473 Island Lead Road, Corolla, NC 27927
$1,266,000
6
3,178
25,189

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Outer Banks Realty Group

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 06/14/2023 02:50 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS