MLS # 100206
512 Breakers Arch
Corolla, NC 27927
$1,799,000
10
Bedrooms
10 Full
1 Partial
Bathrooms
6,951
Sq. Ft.

About This Property

Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going? Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan. This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? Me too! (Thank you media outlets) This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" generates 184k annually in "advertised" income and will easily generate over 190k if prime weeks are added back into the equation. Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.

Property Details

MLS:
100206
Address:
512 Breakers Arch
Town:
Corolla
Price:
$1,799,000
Estimated Monthly Mortgage:
$8,179/mo.
Listing Agent:
Lancsek, Tim
Listing Company:
RE/MAX Surfside
Area:
Corolla Oceanside
Subdivision:
Ocean Sands
Waterfront Location:
4 - lots from oceanfront (5th ro
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
10
Baths:
10 Full / 1 Partial
Heated Area:
6,951 Sq ft.
Year Built:
2012
Rental Co:
Carolina Designs
Rental Cottage Number:
954
Annual Income:
$197,610
Map
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