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Listing 9 out of 68
$2,499,999 - Single Family Home, 12 beds, 14 baths, 1 bath, 7,123 sq ft,
853 Lighthouse Drive, Corolla, NC 27927
MLS No. 99269

Listing Description

This 7,123 sf. 12 Bedroom Oceanfront is a Consistent rental machine - and in an X Flood Zone! There are not many homes this size! Over $275,000 in OWNER income for 2019!! Top rental performance of any Corolla oceanfront home at this price point! "Sunrise Surprise" has 12 master bedrooms and a list of amenities too numerous to mention here. There is something for everyone at this amazing oceanfront home. Watch a movie in the media room or play billiards in the game room. Enjoy some peace and quiet with a retreat to the loft or while relaxing on the decks. The ground floor features a pool table, footsball, poker table, surround sound and kitchenette; full cabana bath; and laundry. The home is located in the coastal community of Whalehead, be sure to take advantage of Corolla's historic attractions, boutique shopping and local fare. Request Cash Flow Spreadsheet for investment analysis. We've replaced a dozen TV's with flat screens and less wires, some new furniture has been added. No flood insurance required - X Flood Zone - saves thousands. The dune in Whalehead has been hit pretty hard but the beach remains wide. Bring an Offer! New Stairs to the beach and sand fence has been installed to help nature rebuild the dune.

Property Features

  • Property Type: Single Family Home
  • Sub Type: Single Family - Detached
  • Listing Status: Active
  • County/Area: Currituck County
  • Zip Code: 27927
  • Year Built: 2005
  • Subdivision/Neighborhood: Whalehead Club
  • Sq.Ft.: 7,123 sq ft
  • Style: Reverse Floor Plan
  • Bedrooms: 12
  • Full Baths: 14
  • Half Baths: 1
  • Garage: Carport
  • Baths: 15
  • Pool or Spa: Heated,In Ground,Outdoor,Private Pool, Private, Yes
  • View: Ocean
  • Waterfront: Oceanfront
  • Zoning: RES
  • Area: Corolla Oceanside
  • Advertised Income 2015: 283254
  • Advertised Income 2016: 242122
  • Advertised Income 2017: 253900
  • Advertised Income 2018: 266404
  • Air Conditioning: Central, Heat Pump, Zoned
  • Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator W/Ice Maker, Washer, Wine Cooler
  • Approx. Lot Sqft: 35000
  • Construction: Wood
  • Counter Tops: Granite
  • Est Annual Rental Income: 287000
  • Est Rental Performance: 0.1148
  • Estimated Annual Fee: 50
  • Exterior: Cement Fiber Board
  • Extras: Beach Access, Boardwalk To Beach, Ceiling Fan(S), Elevator, Hot Tub, Jet Tub, Smoke Detector(S), Sun Deck, Dry Entry
  • Financing Options: Cash
  • Foundation: Piling
  • Heating: Central, Electric, Heat Pump, Zoned
  • Interior Features: Cathedral Ceiling(S), Dryer Connection, First Floor Master, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Walk In Closet, Washer Connection
  • Lot Description: Level, Water Frontage
  • Lot Dimensions: 100x350
  • Lot Faces (News): W
  • Optional Rooms: Foyer, Game Room, Loft, Media Room, Shipswatch
  • Owner Rental Income 2015: 270088
  • Owner Rental Income 2016: 231672
  • Owner Rental Income 2017: 242572
  • Owner Rental Income 2018: 254575
  • Rental Cottage Name: Sunrise Surprise
  • Roads: Paved, Public
  • Roof: Asphalt/Fiber Shingle
  • Sale/Rent: For Sale
  • Sewer/Septic: Private Septic
  • Street Frontage: 100
  • Unit/Lot #: Lot 11
  • Water: Municipal
  • Water Frontage: 100 ft.
  • Waterfront Location: Oceanfront
Courtesy of Outer Banks Blue Realty Srvcs., Richard Drumm

Contact Shore Realty to schedule an appointment or call 800-647-1868

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