Property Description

This Ocean Sands, Corolla, NC stunner does on average well over $50k in rental income…and with all the bells and whistles, makes it a TURN-KEY investment property to add to your portfolio for 2025. It’s well-appointed, with 5 bedrooms and 4.5 baths, and is conveniently located OCEANSIDE (Section J), CLOSE TO THE BEACH, community lake, shopping, restaurants, fun activities; just perfect for a vacationing family or friend group! The home offers a GREAT LAYOUT, with four bedrooms on the mid-level, sharing two full jack and jill baths, and the main bedroom is located on the top level, with its own ensuite bath. The top level also offers lots of room to hang out with an OPEN LIVING AREA, dining, and kitchen area, and offers access to the outside top deck and screened-in porch. The home sits on a PRIVATE cul-de-sac that backs onto vegetation, with very little traffic noise to be heard. Guests always enjoy the PRIVATE POOL & HOT TUB, spacious outdoor decks, large RECREATION ROOM, complete with a pool table and wet bar. Only a quick 6 minute WALK TO THE BEACH, and the Ocean Sands community offers use of their community tennis courts. Currently the home is rented through VRBO and AIRBNB, and has over $60k on the books already for 2024. What are you waiting for! This is YOUR SIGN to BUY the BEACH HOUSE!!

Features
APPLIANCES:
Dishwasher, Range/oven, Refrigerator, Dryer, Washer
INTERIOR FEATURES:
Dryer connection, Gas fireplace, Washer connection, Wet bar, All window treatments, 9' ceilings, Ensuite
EXTRAS:
Covered decks, Beach access, Ceiling fan(s), Outside shower, Smoke detector(s), Sun deck, Hot tub, Dry entry, Screened porch, Patio
Swimming Pool
Heating System:
Heat Pump, Central
Cooling System:
Central, Heat pump
Parking:
Carport
Subdivision:
Ocean Sands
Construction:
Wood
Foundation:
Piling
Roof:
Asphalt/fiber shingle
Roads:
Paved
Floor Covering:
Carpet, Ceramic tile, Wood laminate
Water:
Municipal
Sewer/Septic:
Community septic
STYLE:
Reverse floor plan
EXTERIOR:
Vinyl
ASSOCIATION AMENITIES:
Ocean access, Outdoor-comm. tennis
COUNTER TOPS:
Laminate
OPTIONAL ROOMS:
Game room, Utility room
Financial
Tax Year:
2023
Taxes:
$4,374
Assoc. Fee Y/N/Voluntary
Estimated Annual Fee $:
$935
Furnishings Available Y/N:
Yes
Bill of Sale Amount $:
$1
Primary Residence (Y/N):
No
Ownership:
Owned more than 12 months
Yr Electric Expense:
$0
Yr Water Expense:
$0
Yr Telephone Expense:
$0
Yr Cable TV Expense:
$0
Homeowner/Dwelling Insura:
$0
Wind Insurance:
$0
Flood Expenses:
$0
Maintenance Expenses:
$0
Pool/Spa Expense:
$0
Other Expenses:
$0
Other Expenses 2:
$0
Other Expenses 3:
$0
Total Expenses:
$0
Yearly Expense Act/Est:
$0
Owner Rental Income 2016$:
$0
Owner Rental Income 2015$:
$0
Owner Rental Income 2017$:
$0
Advertised Income 2016$:
$0
Advertised Income 2015$:
$0
Advertised Income 2017$:
$0
Est Annual Rental Income:
$88,000
Listed By:
Keller Williams - Outer Banks
Agent First:
Natalie
Agent Last:
Dutt

For sale

771 Cormorant Trail, Corolla, NC 27927

5 Bedrooms
4 Bathrooms
2,388 Sqft
$725,000
Listing ID #126819
Basic Details
Living Area Sq. Ft :
2,388 Sqft
Property Type :
Residential
Listing Type :
For sale
Listing ID :
126819
Price :
$725,000
Water View :
More than 5th row
Bedrooms :
5
Bathrooms :
4
Half Bathrooms :
1
Year Built :
2003
Country:
United States
State:
NC
County:
Currituck
City:
Corolla
Zipcode:
27927
Status :
Active
Type :
Single family - detached
Area :
Corolla oceanside
Unit/Lot # :
Lot 49
DOM :
93