Property Description

There are oceanfront rental homes, and then there are OCEANFRONT RENTAL MACHINES… and Carolina Sunrise is a consistently high income generator, with 11.7% Gross Owner Income and $65,711 GOI on the books for 2020! There is just SO much that sets this home apart: the lot is elevated, *HAS NEVER FLOODED*, and is in a ‘X’ FLOOD ZONE, so the lender will not require flood insurance. (The current owners carry flood insurance, at a minimal cost of $759/year!) The views from this home are truly PANORAMIC, nothing but ocean as far as the eye can see… with no homes blocking your expansive views! Beach access is EASY, just one lot away, and the beaches here are some of the widest and most beautiful on the Outer Banks. Talk about PROTECTION during storm season – the dunes here are high, wide and well vegetated…providing you with peace of mind during hurricane season. Also setting this home apart are the extensive improvements that have been made in the last 7 years: Roof has been replaced, as have both the heat pumps; the pool has been heated; the pool deck was expanded, providing much more room for chairs and chaises, (and more fun!) around the pool; the upper deck was also expanded, which provides a ton more outdoor space for everyone to enjoy the fabulous views! The kitchen has been totally remodeled with new cabinets and counters and new applainces; the top floor master bedroom furniture was replaced in 2019; and the water heater has been replaced. NO OTHER OCEANFRONT HOME CURRENTLY FOR SALE UNDER 900,000 IN COROLLA IS GENERATING THIS MUCH INCOME! Simply put, there is a lot of BANG FOR YOUR BUCK here…hard to believe the asking price is just $875,000!! Don’t let this incredible investment opportunity get away!

: Dishwasher, Microwave, Range/oven, Dryer, Washer, Refrigerator w/ice maker, Wine cooler
: Cathedral ceiling(s), Dryer connection, Gas connection, Gas fireplace, Ice maker connection, Master bath, Washer connection, All window treatments
: Covered decks, Beach access, Ceiling fan(s), Outside shower, Smoke detector(s), Sun deck, Hot tub, Outside lighting, Dry entry, Inside laundry room, Boardwalk to beach
: Heat Pump, Central
: Central, Heat pump, Zoned
: 2 car, Carport
Ocean Sands
: Frame, Wood
: Piling
: Asphalt/fiber shingle
: Paved
: Carpet, Ceramic tile, Engineered wood
: Municipal
: Municipal sewer
: Reverse floor plan
: Wood, Shakes, Lap siding
: Ocean access
: Granite
Additional Information
: Owned more than 12 months
Spinnaker Realty, LLC


711 Mainsail Arch- Corolla- NC 27927

6 Bedrooms
4 Bathrooms
2,569 Sqft
Listing ID MLS #107597
Basic Details
Living Area Sq. Ft : 2,569 Sqft
Property Type : Residential
Listing Type : For sale
Listing ID MLS : 107597
Price : $875,000
Water View : Oceanfront
View : Ocean
Bedrooms : 6
Bathrooms : 4
Year Built : 1996
Country : United States
State : NC
County : Currituck
City : Corolla
Zipcode : 27927
Status : Sold CO OP by Member
Type : Single family - detached
Area : Corolla oceanside
Unit/Lot # : Lot 36
DOM : 43
Virtual Tour : Click Here
Agent info
SAGA Realty & Construction
SAGA Realty & Construction
1314 S. Croatan Hwy #301
Contact Agent