Skip To Content

511 Breakers Arch , Lot 22

Corolla, NC 27927
  • $2,320,000
  • STATUS: Closed
  • ON SITE: 506 Days
  • MLS #: 118828
Sold - 12/20/2022
$2,320,000
SOLD - 12/20/2022
  • 11
    BEDS
  • 0.52
    ACRES
  • 11
    BATHS
  • 2
    1/2 BATHS
  • 6,222
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Ratings & Info

Description

Updated, remodeled, renovated and ready to go. Tremendous rental income on the books this year, again! $260,000 on the books with adding back in an owners' prime week at the end of June. Oh, let's not forget, a nice bonus is on the way for 2023! Quality construction by reputable contractor Olin Finch. This home is perched atop a dune providing views of the ocean and protection from stormwaters. Located just before the oceanfront cul-de-sac, ocean access is easier and faster than 3rd and 4th row homes in most Corolla neighborhoods. Actually, ocean access is closer than some semi-oceanfront homes in Whalehead! Not only is access easier, you have a pristine, uncrowded beach just south of the access. Adjacent to this section of Ocean Sands is undeveloped Open Space. Not only is the location great, the condition is fantastic. Many updates to share: *2020 replaced 2 washers and dryers, installed new septic field, expanded pool area, added 2 HE hot water heaters, re-sided and painted the entire house, replaced 10 windows *2021 one new HVAC system, new pool heater and salt system, new outdoor furniture and swing *2022 brand new kitchen!, new carpet and LVP flooring, new living/dining furniture, some new bedroom furniture, smart TV's throughout the home and another new HVAC system. Let's top it off with that bonus...2023 rental rates are set $1,000 higher for each week, and yes, weeks are booking already with over $180,000 worth of reserved weeks!

Monthly Payment Calculator



© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corolla Real Estate | Keller Williams Outer Banks. Data last updated: 2023-09-29T23:37:38.53.
www.corollarealestate.com/homes/128595494
Print Image

511 Breakers Arch , Lot 22 Corolla, NC 27927

  • Price: $2,450,000
  • Status: Closed
  • On Site: 506 Days
  • MLS #: 118828
11
Beds
11
Baths
2
½ Baths
0.52
Acres
6,222
SQFT
$0
$/SQFT
2005
Built
Neighborhood:
Ocean Sands
County:
Currituck
Area:
Corolla Oceanside
Property Description
Updated, remodeled, renovated and ready to go. Tremendous rental income on the books this year, again! $260,000 on the books with adding back in an owners' prime week at the end of June. Oh, let's not forget, a nice bonus is on the way for 2023! Quality construction by reputable contractor Olin Finch. This home is perched atop a dune providing views of the ocean and protection from stormwaters. Located just before the oceanfront cul-de-sac, ocean access is easier and faster than 3rd and 4th row homes in most Corolla neighborhoods. Actually, ocean access is closer than some semi-oceanfront homes in Whalehead! Not only is access easier, you have a pristine, uncrowded beach just south of the access. Adjacent to this section of Ocean Sands is undeveloped Open Space. Not only is the location great, the condition is fantastic. Many updates to share: *2020 replaced 2 washers and dryers, installed new septic field, expanded pool area, added 2 HE hot water heaters, re-sided and painted the entire house, replaced 10 windows *2021 one new HVAC system, new pool heater and salt system, new outdoor furniture and swing *2022 brand new kitchen!, new carpet and LVP flooring, new living/dining furniture, some new bedroom furniture, smart TV's throughout the home and another new HVAC system. Let's top it off with that bonus...2023 rental rates are set $1,000 higher for each week, and yes, weeks are booking already with over $180,000 worth of reserved weeks!
Exterior Features

Construction FrameWood Exterior Lap Siding Extras Beach AccessBoardwalk To BeachCeiling Fan(S)Covered DecksElevatorHot TubLandscapedLawn SprinklersOutside LightingOutside ShowerScreened PorchSmoke Detector(S)Sun DeckTiki BarRoof Top DeckInside Laundry Room Foundation PilingSlab Garage None Lot Description Corner Parking Off StreetPaved Pool ConcreteCustomIn GroundOutdoorPrivate PoolSalt Pool YN Yes Roads Paved Roof Asphalt/Fiber Shingle Style CoastalReverse Floor Plan View Description Ocean Waterfront Location 4 - Lots From Oceanfront (5Th Ro

Interior Features

Air Conditioning CentralHeat Pump Appliances 2nd Dishwasher2Nd RefrigeratorCountertop RangeDishwasherDryerIce MachineMicrowaveRefrigeratorWall OvenWasher Counter Tops Quartz Floor Coverings CarpetCeramic TileVinyl TileWood Furnishings Available YN Yes Heating CentralForced Air Interior Features EnsuiteGas Fireplace Optional Rooms FoyerGame RoomHome Theater

Property Features

Annual Rental Income 286000 Association Amenities Ocean Access Association Fee YN Voluntary - Restrictive Covenant Bank Owned YN No Builder Olin Finch Estimated Annual Fee 125 Financing Options CashConventionalJumbo LoanNon-Conforming/Jumbo Flood Expenses 707 Flood Zone X Insurance Expenses 12587 Lease Terms Weekly Other Expenses 3800 Other Expenses2 500 Other Expenses3 300 Pool Spa Expense 4265 Possession Subject To Tenancy Potential Short Sale No Primary Residence YN No Rental Cottage Name Beach Memories Rental Performance 0.1233 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2021 Taxes 6237.04 Water Municipal Yearly Cable Tv Expense 2515 Yearly Electric Expense 6870 Yearly Water Expense 4214 Zoning Sfo

Listing courtesy of Andres Deltoro of Brindley Beach Vacations & Sales - Kh: C: 252-261-2186.


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corolla Real Estate | Keller Williams Outer Banks. Data last updated: 2023-09-29T23:37:38.53.
 
https://bt-photos.global.ssl.fastly.net/obxmls/1280_boomver_1_118828-2.jpg https://bt-photos.global.ssl.fastly.net/obxmls/1280_boomver_1_118828-2.jpg https://bt-photos.global.ssl.fastly.net/obxmls/1280_boomver_1_118828-2.jpg
Logo
Corolla Real Estate | Keller Williams Outer Banks
5595 N. Coratan Highway
Southern Shores NC, 27949