MLS # 108237
121 Salt House Road
Corolla, NC 27927
$2,375,000
9
Bedrooms
9 Full
3 Partial
Bathrooms
5,664
Sq. Ft.

About This Property

Consistently grossing $255,000 in rental income per year. It has one of the highest rental return rates of any home in Corolla. If you're looking for a proven, turn-key Outer Banks investment, this is the one. All of the major systems (roof, HVAC, appliances and pool) have been replaced or upgraded in the past three years. Everything is done for you, including a decor and furniture upgrade in 2019. Nine bedrooms, nine full bathrooms, three half baths, elevator, pool, hot tub, game room, media room, office and more. The pristine panoramic views of the ocean AND the sound are unbeatable! Plus, this property lies in an X-flood zone, so flood insurance is not required! The ground level features four master bedrooms, a game room, kitchenette, powder room and laundry room. The game room has sliders that open up to the fenced-in pool deck, large pool, hot tub and outside showers. The mid-level features four more master bedrooms with ocean and sound views, and a large theater room. The top level showcases amazing sunrises over the ocean and breathtaking sunsets over the sound. There is a master bedroom on this level with ocean views, and a large, well-appointed master bathroom with both ocean and sound views. The gourmet kitchen features granite counter tops, stainless steel appliances, double ovens, two dishwashers, and a large island for extra prep space and seating. The kitchen opens up to the great room with cathedral ceilings and ample windows to showcase the views and let in natural light. The large dining area has views of the ocean and of the Currituck Sound that spans for miles over the undeveloped land to the west. There is a powder room and an office area with views also on this level. Over 65k in updates were completed in 2017/2018 including a new roof, pool upgrade and many more. A new HVAC system was installed in 2019. Contact listing agent for a full list of updates and upgrades. Turn-key and fully furnished. Over $200,000 in rental income already on the books for 2020!

Property Details

MLS:
108237
Address:
121 Salt House Road
Town:
Corolla
Price:
$2,375,000
Estimated Monthly Mortgage:
$10,798/mo.
Listing Agent:
DeStefano, Jeanne-Marie
Listing Company:
Keller Williams - OBX
Area:
Corolla Oceanside
Subdivision:
Pine Island Pud
Waterfront Location:
Oceanfront
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
9
Baths:
9 Full / 3 Partial
Heated Area:
5,664 Sq ft.
Year Built:
2002
Rental Co:
Twiddy and Company
Rental Cottage Number:
E262
Annual Income:
$255,012
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