Property Images: 
MLS# 106425: $163,640 Already booked 2020
Asking Price: 
1,699,990
Bedrooms: 
7
Subdivision: 
Whalehead Club
Bathrooms: 
7
Unit/Lot #: 
Lot 1
1049 Lighthouse Drive Corolla, NC 27927
Lot 1
Waterfront: 
Oceanfront
Area: 
Corolla

Information

SEASIDE HOME WITH COASTAL CHARM in an X Flood Zone (no flood insurance required). Egret's Landing is a generous income producer with $173,210 booked in 2019; generating a 10% G.R.O.I. 2020 already has 18 weeks booked at a total of $163,640, with 6 to 7 weeks left to reserve. That's with a weekly rate increase. With sellers limiting the calendar and not allowing dogs, there's definitely room for improved income and generate closer to a 11 to 12% R.O.I.

Thoughtfully re-designed and remodeled ending in May 2018. Egret's Landing is a stunning 7 bedroom (all master suites) 7 bath home with expansive ocean views and a private saltwater heated pool. The soft and clean color palette and stunning decor, create the perfect seaside back drop. Perched on a high dune with 100 ft. of ocean frontage on an uncrowded beach.

Year built was 1992, but effective age is 2018. Recent upgrades to exterior include; new landscaping, new pool heater and saltwater filter system, fire pit, all new decking around pool and porches, composite handrails, brand new septic in 2018, new well-pump for landscaping and pool (keeps water bill low), and detached outdoor storage building. The interior was renovated & reconfigured starting with a brand new granite countertops, Kitchen Aid stainless steel appliances, and tile backsplash. The great room is a show stopper with a 2 story window wall capturing fantastic ocean views, new gas fireplace with stack stone face, all accented with newer classic coastal furnishings and decor.

A 3 season room was added just off the great room and perfect for morning coffee or dinners seaside. The bedrooms include a paneled wainscoting, amazing ocean views from most every room, new carpet, and all bathrooms have new granite countertops, faucets, new vanities (in 4 baths), custom tile showers (in most), and all new faucets. One of the master suites has it's own sitting room with breathtaking views of the Atlantic Ocean and white sandy beaches. Most outdoor furniture is made by Carolina Casuals and Nags Head Hammocks.

All upholstered furniture in living room is low maintenance Sunbrella.Rentals***** To view short property video copy and paste link below: https://www.dropbox.com/s/zxlrztap4c1m5aa/1049%20Lighthouse%20Drive-Unbranded.mp4?dl=0 To view aerial drone video copy and paste link below: https://youtu.be/M2n-otKQ1Fw

Area
Corolla Oceanside
Subdivision
Whalehead Club
Unit/Lot#
Lot 1
Waterfront
Oceanfront
Waterfront Location
Oceanfront
Lot Description
Beach Frontage,Level,Water Frontage
Lot SqFt
20000
Furnishings Available
Yes
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Has Pool
Yes
Pool Description
In Ground
Outdoor
Private Pool
Foundation
Piling
Roads
Paved
Public
Appliances
Countertop Range
Disposal
Dishwasher
Dryer
Microwave
Refrigerator w/Ice Maker
Wall Oven
Washer
Heating
Central
Electric
Heat Pump
Heated Living Area SqFt
4100
Air Conditioning
Central
Heat Pump
Zoned
Water
Municipal
Sewer/Septic
Private Septic
View Description:
Ocean
Interior Features
Cathedral Ceiling(s)
Dryer Connection
Gas Connection
Gas Fireplace
Ice Maker Connection
Master Bath
Walk in Closet
Washer Connection
Extras
Beach Access
Boardwalk to Beach
Ceiling Fan(s)
Covered Decks
Jet Tub
Outside Shower
Smoke Detector(s)
Sun Deck
Optional Rooms
Shipswatch
Taxes
$9241.34
Association Fee Included?
No
Style
Contemporary
Coastal
Construction
Frame
Wood
Exterior
Cement Fiber Board
Lap Siding
Garage
2 Car
Carport
Parking
Paved
Year Built
1992
Days On Market
211
Listing Agent
Heather Vandermyde
Listing Office
Coldwell Banker Seaside Realty - KDH

Request More Information

Jeff Ferrence
Real Estate Sales Team
Toll-free: 844-567-7499

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