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643 Wave Arch Lot #59
Corolla, North Carolina NC 27927
Sold For: $1,425,000
Listing ID: 122269
Status: Sold CO OP by Member
Sold Date: 9/12/2023
Bedrooms: 7 Bed
Total Baths: 6 Bath
Full Baths: 5 Bath
Partial Baths: 1 Bath
SqFt: 3,482 Sq Ft
Acres: 0.140 Acres
Subdivision: Ocean Sands
Year Built: 1998

Simply sensational & Turn Key TODAY! This quality build by Olin Finch has been lovingly cared for by the same homeowners for nearly 20 years with pride that shines through and through. The perfect coastal retreat & investor's dream just 2 lots from the oceanfront with effortless direct beach access located in an X Flood Zone with no through traffic on quiet cul-de-sac-like street. Keep your guests entertained with top amenities from private pool with composite-deck & rock surround, Hot tub, 2 outdoor showers and expansive game room with pool table, arcade game console, foosball, poolside Kitchenette, gas & charcoal grills, plus TWO sun decks on the front and rear of home lend ocean views! A fantastic floor-plan features 7 spacious Bedrooms (6 of which have direct bath access) with the Primary Bedroom located on top floor with oversized ensuite bath with large shower, jetted soaking tub and private access to rear sun deck. An enormous Great Room with vaulted ceilings entertains a crowd with gas fireplace, built-in cabinetry which flows effortlessly to lovely updated Kitchen, large dining area with ocean view, access to front and rear decks and Powder bath. The freshly updated Kitchen boasts gleaming granite countertops, stainless steel appliances and center island with counter-style dining. The home's mid-level features a gathering space ideal for TV watching or gaming and access to covered decks for lounging, 4 additional bedrooms, 2 with en suite baths and 2 with Jack and Jill style setup bath offering a dual vanity plus separate water/linen closets. The ground floor hosts BRs #6 and #7, a Laundry closet and Recreational Room Galore! All furnishings and decor convey with sale. Sellers have used the home frequently in the past, not maximizing rental income but have still managed to generate over $120k in income the past few seasons with plenty of opportunity for growth. Multiple rental Projections on file with EST GROSS ANNUAL INCOME at $153k! Recent Updates include-New Fortified Roof 2020, majority of home's Windows replaced 2023, New Range/Oven & 2 New refrigerators 2023, New gutters 2022- New HVAC bottom & middle floors 2021, New top front & rear Decks 2021, New Carpeting 2021, New Hot Tub and New Pool Pump 2020, New Exterior Pool Fence & gate 2021, New Washer/Dryer 2021. Property's 3D Virtual Tour COMING SOON! Don't hesitate on this one! All of the heavy lifting home improvements have been completed for you, all you need to do is relax! For 3D Virtual Tour copy and paste the following link:

Primary Features

County: Currituck
Price Before Reduction: 1549000
Price Reduction Date: 2023-07-22T19:32:00+00:00
Property Sub Type: Single Family - Detached
Property Type: Residential
Subdivision: Ocean Sands
Year Built: 1998
Zoning: SFO


Air Conditioning: Central, Heat Pump, Zoned
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
Bedroom 1 Level: 3
Bedroom 2 Level: 2
Bedroom 3 Level: 2
Bedroom 4 Level: 2
Countertops: Granite
Dining Room Level: 3
Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Whirlpool/Spa, Dry Entry
Floor Coverings: Carpet, Ceramic Tile, Vinyl
Furnishings Available: yes
Heating: Central, Heat Pump, Zoned
Interior Features: 9' Ceilings, All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
Kitchen Level: 3
Living Room Level: 3
Optional Rooms: Foyer, Game Room
Utility Room Level: Ground
Water: Municipal


Approximate Lot SqFt: 6000
Exterior: Shakes, Wood
Foundation: Piling
Fuel Tanks: Leased
Garage: Carport
Lot Description: Level
Lot Size/Dimensions: 60x100
Parking: Paved, Off Street
Pool: In Ground, Private Pool, Association Pool
Pool: yes
Pool Type: Private and Association
Roads: Paved
Roof: Asphalt/Fiber Shingle
Sewer/Septic: Community Septic
Style: Contemporary, Reverse Floor Plan, Coastal
Waterfront Location: 2 - lots from oceanfront (3rd ro


Area: Corolla Oceanside
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
Block: NA
Flood Zone: X
Lot Faces: S
Major Subdivision: Ocean Sands
Section: O
View Description: Ocean


Builder: Olin Finch
Construction: Frame
Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad
Due Diligence Date: 2023-09-01T00:00:00+00:00
Homes & Land of the Outer: yes
Ownership: Owned More than 12 Months
Primary Residence: no
Rental Company: Managed by Homeowner
Status Category: Sold


Asking Price Per SqFt: 429.35
Association Fee: yes
Association Fee includes: Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Bank Owned: no
Bill of Sale Amount: 1
Bill of Sale Included in Price: yes
Estimated Annual Fee: 1825
Estimated Annual Rental Income: 152849
Estimated Rental Performance: 0.1073
Financing Options: Cash, Conventional
Owner Rental Income 2021: 113385
Potential Short Sale: no
Rental Turnover Day: Saturday
Sale/Rent: For Sale
Tax Year: 2022
Taxes: 5635.77

Zoning Info

Listed by: Heather Vandermyde from Coldwell Banker Seaside Realty - KDH C: 252-202-2375.

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Contact - Listing ID 122269

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Beach Realty Sales Team

4826 N. Croatan Highway
Kitty Hawk, NC 27949
Phone: 252-261-3815
Phone Alt: 877-621-3815

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