Property Images: 
MLS# 107597: OCEANFRONT RENTAL MACHINE!
Asking Price: 
875,000
Bedrooms: 
6
Subdivision: 
Ocean Sands
Bathrooms: 
4
Unit/Lot #: 
Lot 36
711 Mainsail Arch Corolla, NC 27927
Lot 36
Waterfront: 
Oceanfront
Area: 
Corolla

Information

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!

Area
Corolla Oceanside
Subdivision
Ocean Sands
Unit/Lot#
Lot 36
Section
P
Waterfront
Oceanfront
Waterfront Location
Oceanfront
Lot Description
Beach Frontage,Level
Furnishings Available
Yes
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Has Pool
Yes
Pool Description
Outdoor
In Ground
Fiberglass
Heated
Private Pool
Foundation
Piling
Roads
Paved
Appliances
Dishwasher
Dryer
Microwave
Range/Oven
Refrigerator w/Ice Maker
Washer
Wine Cooler
Heating
Central
Heat Pump
Heated Living Area SqFt
2569
Air Conditioning
Central
Heat Pump
Zoned
Water
Municipal
Sewer/Septic
Municipal Sewer
View Description:
Ocean
Interior Features
All Window Treatments
Cathedral Ceiling(s)
Dryer Connection
Gas Connection
Gas Fireplace
Ice Maker Connection
Master Bath
Washer Connection
Extras
Beach Access
Boardwalk to Beach
Ceiling Fan(s)
Covered Decks
Hot Tub
Outside Lighting
Outside Shower
Smoke Detector(s)
Sun Deck
Dry Entry
Inside Laundry Room
Taxes
$6942.41
Association Amenities
Ocean Access
Association Fee Included?
Yes
Association Fee Includes
Management
Road Maintenance
Walkways
Style
Reverse Floor Plan
Construction
Frame
Wood
Exterior
Lap Siding
Shakes
Wood
Garage
2 Car
Carport
Parking
Off Street
Under
Year Built
1996
Days On Market
27
Listing Agent
Holleay Parcker
Listing Office
Spinnaker Realty, LLC

Request More Information

Dru Ferrence
Senior Associate Broker
Cell: 252-256-2913

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