511 Breakers Arch, Corolla, NC 27927

$2,790,000
11
BD
13
BA
6,222
SqFt
List Price
$2,790,000
MLS#
118828
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
11
Bathrooms
13
Full-baths
11
Half-baths
2
Living Area
6,222
Neighborhood
Ocean Sands

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. 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!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
Association Ammenities
Ocean Access
Construction
Frame, Wood
Countertops
Quartz
Siding
Lap Siding
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Tiki Bar, Roof Top Deck, Inside Laundry Room
Floor Coverings
Carpet, Ceramic Tile, Wood, Vinyl Tile
Foundation
Piling, Slab
Garage
None
Heating
Central, Forced Air
Interior Features
Gas Fireplace, Master Bath (Ensuite)
Lot Description
Corner
Optional Rooms
Foyer, Game Room, Home Theater
Parking
Paved, Off Street
Pool
Yes
Possession
Subject to Tenancy
Roads
Paved
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Zip
27927
Neighborhood
Ocean Sands
Year Built
2005
Annual Fee
125
Directions
Turn into section A, take a right on Breakers Arch, house at the curve on the left.
County
Currituck
Annual Rental Income
259726
Rental Co
Carolina Designs
Rental Cottage #
146
Rental Cottage Name
Beach Memories
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
259726
Rental Performance
0.0931
Yr Electric Expense
6870
Yr Water Expense
4214
Yr Cable TV Expense
2515
Insurance Expenses
$12,587
Flood Expenses
707
Pool/Spa Expense
4265

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brindley Beach Vacations & Sales - Kh.

Listed by Andres DelToro

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