MLS # 101613
1049 Lighthouse Drive
Corolla, NC 27927
$1,899,900
7
Bedrooms
7
Bathrooms
4,100
Sq. Ft.

About This Property

SEASIDE HOME WITH COASTAL CHARM! Egret's Landing is a home which also produces income. Seller spared no expense in making this a rare opportunity to own a LIKE NEW home with exceptional rental income. This was the first year advertised as 7 bedroom so the history wasn't there, but should do even better in 2019. YTD 2018 income is $166,290 as of 12/6/2018 ******** That's with the owner blocking Easter, 1/2 of Oct ,Thanksgiving, Christmas and New Year. If he allowed these weeks open this would have been an easy 180k in income for 2018******** There's already 164,230k on the books for 2019 (if you rent the 5 remaining 2019 weeks that rented in 2018 that would put you at 174,000 for 2019, but if you open the weeks the seller blocks, it would easily do 180k to 190k. If buyer wanted to be more aggressive and open all of October, Thanksgiving, and January they would probably do closer to 190k. Sellers limit calendar and don't allow dogs, there's definitely room for improved income. Show your most discerning buyers, they will love this home.The only weeks available to rent in 2019 are the following: 1.4/21 Thoughtfully re-designed and remodeled in 2017 and 2nd phase completed 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 décor, create the perfect seaside back drop. Perched on a high dune with 100’ of ocean frontage on an uncrowded beach. Year built was 1992, but effective age is 2017. Recent upgrades to exterior include; new landscaping, new pool heater and saltwater filter system, new 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 in 2017 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.

Property Details

MLS:
101613
Address:
1049 Lighthouse Drive
Town:
Corolla
Price:
$1,899,900
Estimated Monthly Mortgage:
$8,638/mo.
Listing Agent:
Vandermyde, Heather
Listing Company:
Coldwell Banker-Seaside Realty - KDH
Area:
Corolla Oceanside
Subdivision:
Whalehead Club
Waterfront Location:
Oceanfront
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
7
Baths:
7 Full / 0 Partial
Heated Area:
4,100 Sq ft.
Year Built:
1992
Rental Co:
Carolina Designs
Rental Cottage Number:
051
Annual Income:
$198,965
Map
Share This Listing

Nearby Listings

No related listings.