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512 Breakers Arch Corolla, NC 27949 - MLS# 105962

Type: RESIDENTIAL - Single Family - Detached
Year Built:  2012
Area:  Corolla Oceanside
Location:  4 - lots from oceanfront (5th ro
Asking Price:  $1,599,900
Original Price:  $1,599,900
Beds: 10
Baths: 10 Full 1 Partial

Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going?

Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan.

This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" can potentially generate 197k annually in"advertised" income and has the potential for significant additional income.

Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.

Lot Description
  • Level
View Description
  • Ocean
Annual Rental Income
  • 197610
Possession
  • At Closing
Subdivision
  • Ocean Sands
Listed On
  • 2019-07-26
Pool
  • Outdoor
  • In Ground
  • Concrete
  • Heated
  • Private Pool
Garage
  • None
Optional Rooms
  • Foyer
  • Game Room
  • Pantry
  • Shipswatch
  • Home Theater
  • Media Room
Extras
  • Beach Access
  • Ceiling Fan(s)
  • Covered Decks
  • Elevator
  • Handicap Friendly
  • Hot Tub
  • Jet Tub
  • Landscaped
  • Lawn Sprinklers
  • Outside Lighting
  • Outside Shower
  • Patio
  • Screened Porch
  • Security System
  • Smoke Detector(s)
Heating
  • Central
  • Electric
  • Forced Air
  • Heat Pump
  • Zoned
Air Conditioning
  • Central
  • Heat Pump
  • Zoned
Heated Living Area SqFt
  • 6951
Construction
  • Wood
Exterior
  • Lap Siding
  • Wood
Roof
  • Asphalt/Fiber Shingle
Roads
  • Paved
  • Public
Parking
  • Paved
Agent Name
Tim Lancsek
Office
RE/MAX Surfside - Virtual Group