Property Description

Welcome to the Mermaid’s Reef – Magnificent one of a kind custom built oceanfront home. This large, super nice Oceanfront Retreat is situated on a beautiful, stable, high dune lot that measures over 600 feet deep and the home requires NO FLOOD INSURANCE! Mermaid’s Reef has all the space and amenities to appease the most demanding rental guest. With over 7,900 sq ft of living area and featuring 8 bedrooms, 8 full baths, and 3 partial baths, there is plenty of room for everyone to spread out and relax. This special property also features: massive top floor great room with amazing ocean views, chef’s kitchen with double appliances, loft, large dormitory suite setup for the kids, screened porch, large wrap around sun decks, huge media/game room with TV, pool table, poker table, 2nd fully equipped kitchen, separate game room with air hockey, table tennis, and shuffleboard, dumbwaiter, covered poolside bar, heated pool, over sized paved pool deck , hot tub, large oceanfront gazebo and much more! Great investment opportunity! Renters LOVE This Home, many repeat guests – can generate $150,000 in Rental Income and has potential to do even more! Home can easily be marketed as a wedding or special event home. Mermaids Reef is not the average cookie cutter rental home. This property was thoughtfully designed, solidly built and carefully maintained by the original owner. Only top quality materials were used during construction. Also, with future maintenance in mind the home was built using such features as 40+ year architectural roof shingles, high quality siding, vinyl railings, and vinyl covering on posts,and septic system is designed for 28 occupants. Recent upgrades include: all energy efficient HVAC units (inside and out), carpet and furniture updates. This is one really nice home! Come take a look!

Features
: Dishwasher, Microwave, Refrigerator, Dryer, Washer, Ice machine, 2nd dishwasher, 2nd refrigerator
: Cathedral ceiling(s), Gas fireplace, Ice maker connection, Master bath, Some windows treated, Wet bar, Beamed ceiling(s)
: Covered decks, Beach access, Ceiling fan(s), Outside shower, Sun deck, Dumbwaiter/lift, Hot tub, Jet tub, Outside lighting, Screened porch, Boardwalk to beach, Gazebo, Cabana
: Heat Pump, Central
: Central, Heat pump
Carova Beach
: Frame, Wood
: Slab
: Asphalt/fiber shingle
: Unpaved
: Carpet, Tile, Vinyl
: Well, Private
: Private septic
: Reverse floor plan
: Shakes, Vinyl
: Solid surface
: Foyer
Financial
2018
$5,400
$0
Yes
$1
No
: Owned more than 12 months
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$121,598
$0
$150,391
$130,305
$0
$161,241
$160,000
Keller Williams - OBX
Ron
Ryan

Up to $150,000 in Rents!

2131 Sandfiddler Road, Corolla, NC 27927

8 Bedrooms
8 Bathrooms
7,896 Sqft
$1,179,000
Listing ID #103955
Basic Details
Living Area Sq. Ft : 7,896 Sqft
Property Type : Residential
Listing Type : For sale
Listing ID : 103955
Price : $1,179,000
Water View : Oceanfront
View : Ocean
Bedrooms : 8
Bathrooms : 8
Half Bathrooms : 3
Year Built : 2000
Country : United States
State : NC
County : Currituck
City : Corolla
Zipcode : 27927
Status : Sold CO OP by Member
Type : Single family - detached
Area : 4-wheel drive area
Unit/Lot # : Lot 11
DOM : 522