1047 Corolla Drive

Corolla, NC 27927

$1,395,000
Price
8
Beds
5
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

OVER $100,000 GROSS REVENUES for FOUR CONSECUTIVE YEARS! "Stella Maris of Corolla," a true star of the sea, is affectionately given this name by the owners who have thoroughly loved the rewards of family visits and exceptional investment performance through ownership of this lovely home. Sadly, ages and stages of life call them to move on to the next chapters ahead. Centrally located in the Whalehead community, just a 4-MINUTE WALK TO THE OCEANFRONT, nestled amid mature trees on a one-half-acre private...OVER $100,000 GROSS REVENUES for FOUR CONSECUTIVE YEARS! "Stella Maris of Corolla," a true star of the sea, is affectionately given this name by the owners who have thoroughly loved the rewards of family visits and exceptional investment performance through ownership of this lovely home. Sadly, ages and stages of life call them to move on to the next chapters ahead. Centrally located in the Whalehead community, just a 4-MINUTE WALK TO THE OCEANFRONT, nestled amid mature trees on a one-half-acre private lot, this expansive 8 bedroom, 5 bath home offers over 4300 sq ft of living space, perfect for gracious gatherings with family and friends. The top floor features a spacious open floor plan with a private ENSUITE and WRAPAROUND DECKS OVERLOOKING A MASSIVE PRIVATE POOL. Enjoy STUNNING OCEAN VIEWS and SUNRISES OVER THE ATLANTIC or RELAX with an enchanting evening of stargazing from the rooftop ship’s watch deck. The second floor offers an office, TWO ensuites, and TWO additional bedrooms that share a bathroom. The ground floor boasts THREE bedrooms, entertainment areas, and a spacious rec room with a pool table, sitting area, and kitchenette that includes a full-size refrigerator and icemaker. Outside, a playground of fun awaits with a large private pool and Tiki Bar, sand volleyball court and horseshoes, and hot tub. Conveniently located near the Historic Corolla Village and Park, guests can easily WALK OR BIKE to explore the charming village and its historic sites. The iconic Currituck Lighthouse is also nearby, offering breathtaking views of the coast. Don't forget to visit the Corolla Wild Horses, a unique and enchanting sight that adds to the allure of this coastal retreat. With wide hallways and gracious stairways, this home warmly welcomes large groups or gently embraces you for a quiet visit with single-floor living. Don’t miss this opportunity to invest in an exquisite property, a true star of the sea, "Stella Maris"! Please see the associated documents for the stellar rental performance.
  1. Listed by Ray S Meiggs • Twiddy and Co. - Duck

Property Details for 1047 Corolla Drive

Waterfront Location
4 - lots from oceanfront (5th row)
Zoning
SFO
Subdivision
Whalehead Club
View Description
Ocean
Style
Reverse Floor Plan, Coastal

Location

Listing Courtesy of Twiddy and Co. - Duck
Add your commute
LISTING UPDATED: 06/12/2024 02:21 PM

Property Details for 1047 Corolla Drive

StatusActive
MLS #125224
Days on Market69
Taxes$5,265 / year
HOA Fees$55 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family - Detached
Year Built2005
Lot Size-
CountyCurrituck County

Location

Listing Courtesy of Twiddy and Co. - Duck
Add your commute

Virtual Tour

Building Information for 1047 Corolla Drive

Stories-Year Built2005Building Size-Lot Size-

Payment Calculator

$8,056 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$439

HOA Dues

$5

The Payment Calculator is for illustrative purposes only.

Property Information for 1047 Corolla Drive

Summary
Location and General Information
  • Area: Corolla Oceanside
  • City: Corolla
  • State: NC
  • Zip: 27927
  • Pin Number: 115A00000500005
  • County: Currituck
  • Directions: From NC12 east on Shad Street, south on Corolla Drive to 1047 Corolla Dr, house on the east (left) just past Sturgeon Beach Access. From NC12 east on Bonita St, north on Corolla Drive to 1047 Corolla Dr, house on the east (right) next to Sturgeon Beach Access.
Parking
  • Parking: Paved, Off Street
Taxes and HOA
  • Deed Book: 1572
  • Deed Book Page Number: 337
  • Hoa Contact Info: https://wpoa.org/
  • Tax Year: 2023
  • Estimated Annual Fee: $55
  • Taxes: $5,264.81
  • Hoa Contact: Whalehead Property Owners Asso
Property
Property and Assessments
  • Class: RESIDENTIAL
  • Homesnap: Yes
  • Bank / Institution Owned: No
  • Year Built: 2005
  • Possession: At Closing
  • Flood Zone: X
  • Type: Single Family - Detached
Lot Information
  • Primary Residence: No
  • Lot Description: Level, Wooded
Utilities
  • Fuel Tanks: Leased
  • Water: Municipal
  • Sewer Or Septic: Private Septic
Interior and Exterior Features
Exterior Features
  • Pool Type: Private
  • Pool: Yes
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Foundation: Piling, Slab
  • Roads: Paved, Public
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Tiki Bar, Roof Top Deck, Inside Laundry Room
  • Pool: Outdoor, In Ground, Vinyl, Heated, Private Pool
Interior Features
  • Bedrooms: 8
  • Full Baths: 5
  • Partial Baths: 2
  • Floor Coverings: Carpet, Tile, Wood
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Dishwasher, 2nd Refrigerator
  • Heating: Heat Pump
  • Air Conditioning: Heat Pump
  • Interior Features: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Counter Tops: Laminate
Room Information
Other Rooms
  • Optional Rooms: Foyer, Game Room, Office, Pantry
Multi Family
Income & Expenses Information
  • Advertised Income 2022: $101,046.00

Property History for 1047 Corolla Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1047 Corolla Drive

Taxable ValueLand$183,800Additions$467,200Total$651,000
Tax Record2023$5,265 ($439 / month)
Home Facts
Beds8Baths5.5Total Finished SqFt4,333 SqFtAbove Grade Finished SqFt4,333 SqFtStories3Lot Size21,998 SqFtStyleSingle Family ResidenceYear Built2005CountyCURRITUCKAPN115A00000500005Fireplace TypeHas Fireplace

Schools near 1047 Corolla Drive

This home is within Currituck County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Knotts Island Elementary
PublicK to 5

Currituck County Middle
Public6 to 8

Currituck County High
Public9 to 12

The JP Knapp ECH (I)school
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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1047 Corolla Drive is a single family home for sale in Corolla, NC 27927. This property was listed for sale on April 5, 2024 by Twiddy and Co. - Duck, it's currently listed at $1,395,000. It has been on the market for a total of 69 days and was last sold on September 4, 2020. This listing's school district is Currituck County School District. Nearby schools include Knotts Island Elementary, Currituck County Middle and Currituck County High. 1047 Corolla Drive is a 8-bed, 6-bath, single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Twiddy and Co. - Duck

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