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500 Breakers Arch Corolla, NC 27927 - MLS# 119510

Type: RESIDENTIAL - Single Family - Detached
Year Built:  2023
Area:  Corolla Oceanside
Location:  Oceanfront
Asking Price:  $5,000,000
Original Price:  $5,000,000
Beds: 12
Baths: 12 Full 2 Partial

Your Outer Banks dream oceanfront investment is waiting! This brand new construction, turn-key property boasts quality construction, thoughtful design, fantastic flow, and an amazing location in the quiet and uncrowded neighborhood of Ocean Sands South! With twelve incredible en suite bedrooms, this lovely new home is sure to be absolutely breathtaking when completed! Todd Coyle Construction along with the sellers' design provide the best layout, design, and top notch construction.

Everyone will appreciate the roomy, bright, open interior with endless views because every detail of the design was carefully considered. From the spacious windows, numerous sun decks, spacious living areas, and abundant bedrooms to enjoy the ocean breezes, this one will be sure to please. The top floor features will include a very large great room with cathedral ceilings, stunning ocean views from the numerous large windows, a gas fireplace, beautiful and durable flooring, a half bathroom, built-in benches, high-end fixtures, and much more. Beautiful countertops, top-notch stainless steel appliances, two refrigerators, two dishwashers, a six-burner gas-top stove, a microwave, and two ovens can all be found in the gourmet kitchen.

You can dine outside on the decks or porch, or just relax in the shade while enjoying the cool ocean breezes. Two outdoor showers, two full washers and dryers in the laundry room, a large carport area for plenty of parking, beautiful solid masonite doors, high-impact windows, and an elevator are just a few of the great features. Including a wonderful game room, theater room with surround sound, and a lovely pool area. You won't be going far to get snacks or drinks when relaxing at the pool or beach because the ground floor has a full kitchen with a fridge, dishwasher, microwave, and ice makers right!

Large custom pool, outdoor TVs and speakers, outdoor games, and quality outdoor furniture, are all ideal for those perfect pool/beach days! The owners have chosen a truly stunning furniture package (complete with ALL the details!) so you won't have to do anything but enjoy your brand-new home right away. The exterior is composed of high end "smart siding," and the decks will have vinyl wrap composite handrails, all of which are designed for easy/low maintenance! A fiber shingle roof with metal accents that are high quality and extremely durable.

You will not only get to enjoy a beautiful oceanfront OBX home, but this property also has fantastic rental projections with a very favorable ROI (see associated documents). With a completion date of early 2023 and a one-year builder warranty, take advantage of what will undoubtedly be a dream come true. **Specs listed are from "similar" property and more details are available upon request** Home is currently under construction.

Lot Description
  • Beach Frontage
  • Level
  • Water Frontage
View Description
  • Ocean
Annual Rental Income
  • 529600
Possession
  • At Closing
Subdivision
  • Ocean Sands
Listed On
  • 2022-06-29
Pool
  • In Ground
  • Outdoor
  • Private Pool
Garage
  • Carport
Optional Rooms
  • Game Room
  • Home Theater
  • Pantry
  • Utility Room
Extras
  • Ceiling Fan(s)
  • Elevator
  • Hot Tub
  • Outside Lighting
  • Outside Shower
  • Smoke Detector(s)
  • Sun Deck
  • Tiki Bar
Heating
  • Central
  • Electric
  • Heat Pump
  • Zoned
Air Conditioning
  • Central
  • Heat Pump
  • Zoned
Heated Living Area SqFt
  • 6190
Construction
  • Frame
  • Wood
Exterior
  • Composite Siding
Roof
  • Asphalt/Fiber Shingle
  • Metal
Roads
  • Paved
Parking
  • Paved
  • Under
Agent Name
Heather J McLay
Office
Twiddy & Co. - Duck