Property Description

Looking for a picturesque beach estate that is a strong income producer? 2022, 2023 and 2024 rentals totaled over $3,500,000. This sprawling oceanfront compound known as “The Three Authors” boasts 3 mansions with a total of 45 bedrooms, 37 baths, and 6 half baths. They are situated on over 10 acres of oceanfront property. The property is exquisite, unique, and unforgettable. There are multiple pool areas, gourmet kitchens, gaming areas, theatre rooms, elevators, and wet bars. You have Gigabit Fiber Optic Internet to keep you connected and a Reverse Osmosis Water treatment system for superior quality water. These three magnificent homes can be used for a family get-together, corporate retreats, weddings, or a secluded getaway to the beach. These homes are quite spectacular with no shortage of luxe details. These properties have an excellent return on investment. The “Three Authors” is located in the northern end of the Outer Banks on over 10 acres of oceanfront property. The northern section of the Outer Banks is undisturbed shorelines with no commercial development. There are no paved roads. You drive 2 miles on the beach past a North Carolina Coastal Reserve & National Estuarine Research Reserve to get to the properties. They have a private entrance crossing the dunes servicing all three homes. The peaceful and serene setting of these homes which are located in the 4-wheel drive area of the Outer Banks which is a favorite destination of visitors. This area consists of beaches, dunes, a wild horse sanctuary, maritime forests, and the ancestors of Colonial Spanish Mustangs are roaming free. Sit on one of the many decks enjoying a view of the ocean and watch the Spanish Mustangs roam throughout the property or watch the dolphins swim by in the ocean. The homes in this luxurious retreat were named after Mark Twain, Ernest Hemingway, and F. Scott Fitzgerald. 1) Mark Twain – 18 bedrooms, 15 full and 2 half baths, almost 11,000 square feet, 3.64 acres, 2023 property taxes were $12,505.51. 2) Hemingway – 14 bedrooms, 13 full and 2 half baths, almost 8000 square feet, 3.57 acres, 2023 property taxes were $8,941.41. 3) Fitzgerald – 13 bedrooms, 9 full and 2 half baths, over 6000 square feet, 3.54 acres, 2023 property taxes were $7,695.42.

Features
: Heat Pump, Central
: Central, Heat pump
Ocean Beach
: Frame
: Asphalt/fiber shingle
: Unpaved
: Private septic
: Coastal
Financial
2023
$29,143
: No - Restrictive Covenants May Apply
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No
: Owned more than 12 months
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Charles S Motosko
Charles
Motosko

For sale

1461 Ocean Pearl Road, Corolla, NC 27927

45 Bedrooms
37 Bathrooms
24,980 Sqft
$17,000,000
Listing ID #126957
Basic Details
Living Area Sq. Ft : 24,980 Sqft
Property Type : Residential
Listing Type : For sale
Listing ID : 126957
Price : $17,000,000
Water View : Oceanfront
View : Ocean
Bedrooms : 45
Bathrooms : 37
Half Bathrooms : 6
Year Built : 2006
Country : United States
State : NC
County : Currituck
City : Corolla
Zipcode : 27927
Status : Active
Type : Single family - detached
Area : 4-wheel drive area
Unit/Lot # : Lot 2,3A, 3B
DOM : 1