121 Salt House Road #Lot 262, Corolla

$2,375,000

MLS#: 108237 Property Type: Residential Address: 121 Salt House Road #Lot 262 City / Zip: Corolla, NC 27927 Area: Corolla Oceanside County: Currituck Neighborhood: Pine Island Pud Bedrooms: 9 Bathrooms: 9 1/2 Bathrooms: 3 Heated Sq Ft: 5,664 Acres: 0.40 Year Built: 2002 Zoning: res Date Listed: 02/10/2020

Agent's Comments

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!

*Listing provided courtesy of the Keller Williams - OBX.
Interior Features
  • Air Conditioning: Central, Heat Pump
  • Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Shower, Inside Laundry Room
  • Furnishings Available: Yes
  • Heating: Central, Heat Pump
  • Interior Features: Cathedral Ceiling(s), Gas Fireplace, Master Bath
  • Optional Rooms: Game Room, Home Theater, Office
  • Water: Municipal
External Features
  • Association Amenities: Outdoor-Comm. Pool
  • Exterior: Cement Fiber Board
  • Foundation: Piling
  • Pool: Yes
  • Pool: Concrete, In Ground, Private Pool
  • Rool Type: Private
  • Roads: Paved
  • Roof: Asphalt/Fiber Shingle
  • Sewer/Septic: Community Septic
  • Waterfront Location: Oceanfront
Additional Features
  • Associated Document Count: 6
  • County: Currituck
  • Deed Book: 991
  • Deed Book Pg: 228
  • Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad
  • Ownership: Owned More than 12 Months
  • Rental Company: Twiddy and Company
  • Rental Cottage Number: E262
  • Status Date: 2020-02-09
  • Property Sub Type: Single Family Residence
  • View Description: Ocean, Sound
  • Year Built: 2002
  • Zoning: res
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Listings provided courtesy of Keller Williams - OBX and the MLS of the Outer Banks Association of Realtors®, Inc.

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Shane Collins
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Email: shane@outerbanksblue.com
Office Phone: (252) 255-1220 x319
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