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507 Magnolia Way , Lot 36

Corolla, NC 27927
  • $715,000
  • STATUS: Active Under Contract
  • ON SITE: 48 Days
  • MLS #: 120538
Under Contract
UPDATED: 60 min ago
$715,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,354
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2000
County:

School Ratings & Info

Description

Sound Views! Gorgeous Sunsets! Beautiful well maintained and updated spacious 4 bedroom 3.5 bath home located by a cul de sac in the prestigious Magnolia Bay section of The Currituck Club. Top level is bright & open w/ beautifully updated Kitchen, Dining Room, Great Room, Powder Room & a private huge Ensuite Bedroom/Bath w/Jacuzzi & Walk In Closet. First Level features 3 bedrooms of which one is an Ensuite Queen Bedroom w/private bath. The third bedroom is currently being used as an office & shares a bath w/ the 4 th bedroom that is currently being used as a Den. This home offers a lot of sun and shaded areas to relax with everyone or quiet time for yourself. Pool area is very Private & Spacious with enclosed outdoor shower and Hot Tub. Large Deck on top level faces the pool and can be accessed from the pool area or the upper level. Over looking the pool on 1 st level is one of three porches to enjoy the shade & outdoor living at it's finest. It is the perfect area to take in some sun while watching all the fun at the pool. The peaceful outdoor living continues to the front porch where you can experience Sunsets and Sound views & also to the top level screened in front porch w/ Sound Views which leads to the Great Room. This home is situated in a very Peaceful Private setting. ESTIMATED ADVERTISED RENTAL PROJECTION is $81,384 which is an 11.3% GRI. Landscapping and yard maintenance are included in the Association Dues. So just sit back & enjoy your family & friends, the beach and/or golf. New Fortified Roof scheduled to be installed before the end of October 2022 which will reduce insurance costs. Some Recent Improvements include: 2017 to 2022 - Screened in Front Porch, Vanity w/double sinks, Kohler faucets & engineered marble top in Main Ensuite Bedroom, Exterior Paint and decks stained, New Deck Flooring on rear upper deck, staircase to lower rear level, and front steps, New Washer. 2015 to 2016 -Hand scraped Maple Floors installed in upper level Living area, Ensuite Bedroom and lower level bedrooms, Quality new appliances- Dishwasher, Induction Range,Microwave, Refrigerator, Dryer, Closet organizers, Upper Level Heat Pump replaced, Pool Safety Cover. Just to name a few improvements. The best, is that this home is located in Magnolia Bay at the south end of The Currituck Club & is just a short walk to the beach (or 5 minute golf cart ride to the beach) & less than 10 minute walk to the Magnolia Bay community pool and tennis courts. Just steps to the Trolley stop that will take you and your family to the beach during in season at no charge. The Currituck Club is one of the few gated communities in Corolla, & offers exclusivity & an extra element of safety & security. Additionally, the Currituck Club is a prestigious neighborhood in Corolla & is the home to the Premier Reese Jones 18 hole Championship Golf Course w/ gorgeous landscaping & lots of amenities such as: Fitness Center, Pro Shop, full service Grill, several community Pools, 6 Tennis Courts, Basketball courts, VolleyBall, Pickleball, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In SeasonShuttle to the Beach. This is a beautiful well maintained home & just a short walk to the beach. If you are looking for an updated well maintained beach home w/a pool, garage, Sound Views, Sunsets & located in a quiet gorgeous neighborhood w/short walk to the beach, then this is the home for you! Call now to schedule your appointment.

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© 2022 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2022-11-27T19:37:49.377.
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507 Magnolia Way , Lot 36 Corolla, NC 27927

  • Price: $715,000
  • Status: Active Under Contract
  • On Site: 48 Days
  • Updated: 60 min ago
  • MLS #: 120538
4
Beds
3
Baths
1
½ Baths
N/A
Acres
2,354
SQFT
$304
$/SQFT
2000
Built
Neighborhood:
Tcc-Magnolia Bay
County:
Currituck
Area:
Corolla Westside
Property Description
Sound Views! Gorgeous Sunsets! Beautiful well maintained and updated spacious 4 bedroom 3.5 bath home located by a cul de sac in the prestigious Magnolia Bay section of The Currituck Club. Top level is bright & open w/ beautifully updated Kitchen, Dining Room, Great Room, Powder Room & a private huge Ensuite Bedroom/Bath w/Jacuzzi & Walk In Closet. First Level features 3 bedrooms of which one is an Ensuite Queen Bedroom w/private bath. The third bedroom is currently being used as an office & shares a bath w/ the 4 th bedroom that is currently being used as a Den. This home offers a lot of sun and shaded areas to relax with everyone or quiet time for yourself. Pool area is very Private & Spacious with enclosed outdoor shower and Hot Tub. Large Deck on top level faces the pool and can be accessed from the pool area or the upper level. Over looking the pool on 1 st level is one of three porches to enjoy the shade & outdoor living at it's finest. It is the perfect area to take in some sun while watching all the fun at the pool. The peaceful outdoor living continues to the front porch where you can experience Sunsets and Sound views & also to the top level screened in front porch w/ Sound Views which leads to the Great Room. This home is situated in a very Peaceful Private setting. ESTIMATED ADVERTISED RENTAL PROJECTION is $81,384 which is an 11.3% GRI. Landscapping and yard maintenance are included in the Association Dues. So just sit back & enjoy your family & friends, the beach and/or golf. New Fortified Roof scheduled to be installed before the end of October 2022 which will reduce insurance costs. Some Recent Improvements include: 2017 to 2022 - Screened in Front Porch, Vanity w/double sinks, Kohler faucets & engineered marble top in Main Ensuite Bedroom, Exterior Paint and decks stained, New Deck Flooring on rear upper deck, staircase to lower rear level, and front steps, New Washer. 2015 to 2016 -Hand scraped Maple Floors installed in upper level Living area, Ensuite Bedroom and lower level bedrooms, Quality new appliances- Dishwasher, Induction Range,Microwave, Refrigerator, Dryer, Closet organizers, Upper Level Heat Pump replaced, Pool Safety Cover. Just to name a few improvements. The best, is that this home is located in Magnolia Bay at the south end of The Currituck Club & is just a short walk to the beach (or 5 minute golf cart ride to the beach) & less than 10 minute walk to the Magnolia Bay community pool and tennis courts. Just steps to the Trolley stop that will take you and your family to the beach during in season at no charge. The Currituck Club is one of the few gated communities in Corolla, & offers exclusivity & an extra element of safety & security. Additionally, the Currituck Club is a prestigious neighborhood in Corolla & is the home to the Premier Reese Jones 18 hole Championship Golf Course w/ gorgeous landscaping & lots of amenities such as: Fitness Center, Pro Shop, full service Grill, several community Pools, 6 Tennis Courts, Basketball courts, VolleyBall, Pickleball, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In SeasonShuttle to the Beach. This is a beautiful well maintained home & just a short walk to the beach. If you are looking for an updated well maintained beach home w/a pool, garage, Sound Views, Sunsets & located in a quiet gorgeous neighborhood w/short walk to the beach, then this is the home for you! Call now to schedule your appointment.
Exterior Features

Construction FrameWood Exterior Cement Fiber Board Extras Ceiling Fan(S)Covered DecksGarage Door OpenerHot TubJet TubLandscapedLawn SprinklersOutside LightingOutside ShowerPatioScreened PorchSun Deck Foundation Piling Garage 1 CarAttached Lot Description Level Parking Off StreetPaved Pool Association PoolIn GroundOutdoorPrivate Pool Pool YN Yes Roads PavedPrivate Roof Asphalt/Fiber Shingle Style CoastalReverse Floor Plan View Description Sound Waterfront Location Semi-Soundfront

Interior Features

Air Conditioning CentralHeat Pump Appliances DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher Counter Tops Laminate Floor Coverings CarpetCeramic TileTileWood Furnishings Available YN Yes Heating CentralHeat Pump Interior Features 1st Flr Ensuite9' CeilingsAll Window TreatmentsCathedral Ceiling(S)Dryer ConnectionEnsuiteGas FireplacePantryWalk in ClosetWasher Connection

Property Features

Annual Rental Income 81384 Association Amenities ClubhouseGated CommunityGolf CourseHealth ClubOcean AccessOutdoor-Comm. PoolOutdoor-Comm. TennisPlayground Association Fee Includes Common ElectricCommon InsuranceGrounds MaintenanceManagementPoolRoad MaintenanceSecurityTennis CourtsWalkways Association Fee YN Yes Bank Owned YN No Estimated Annual Fee 5950 Financing Options CashConventional Flood Zone X Full Subdivision Name Magnolia Bay/127D Possession At Closing Potential Short Sale No Primary Residence YN Yes Rental Performance 0.1138 Residential Type Single Family - Detached Sewer Septic Community Septic Tax Year 2022 Taxes 2618.8 Water Municipal Zoning Res

Listing courtesy of Sandra Larue of Corolla Beach Realty: [IDXCONTACTINFORMATION].


© 2022 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2022-11-27T19:37:49.377.
 
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