107 CADWALL ROAD, COROLLA, NC 27927

107 Cadwall Road
COROLLA, NC 27927

$2,895,000

Beds: 9
Baths: 11 | 2
Sq. Ft.: 6,309
Listing #95207
This exceptional estate offers a premier southern Pine Island location with unobstructed views. The architecture, design, and furnishings are truly inspired! Earning $302,450 in 2017 income + a prime summer owner week with more room to grow, this home is an outstanding vacation rental investment. Breathtaking sunrise to sunset views of the Atlantic and the Currituck are showcased through expansive windows. The generously proportioned bedrooms are complemented by a state of the art theater, game room, sports bar and lounge, and recreation area in the finished garage. The gracious outdoor living areas showcase a heated saltwater pool and designer finishes and plantings. The cabana is shaded on two levels with ocean views, music and entertainment, fireplace, sauna, full bath, and kitchen amenities. The prestigious Corolla address offers easy access to Duck. The private beach is one of the least crowded on the Outer Banks with the nearest public access over 3 miles away. Lavishly appointed with the latest electronics and finishes, this home makes vacation life effortless. Everything is done and every room is up to date. Ownership here is easy with the security of established income and the privacy and views of Cadwall Road. ** handicap friendly ** elevator ** community amenities ** safe and secure dune ** 100 foot wide lot ** NFIP eligible ** community dune maintenance ** This home is also available weekly for $21,890 and is shown by appointment only.
Property Features
Location Information
County: Currituck
MLS Area: Corolla Oceanside
Subdivision: Pine Island Pud
Directions: Travel north through Duck. After crossing into Currituck County, home is the 4th on the right.
Interior Features
Interior: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Master Bath, Pantry, Wet Bar
Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Heating: Central, Heat Pump, Zoned
Cooling: Central, Heat Pump, Zoned
Floors: Carpet, Ceramic Tile, Tile, Wood, Marble
Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Furnishing Available: Yes
Exterior Features
Style: Mediterranean, Reverse Floor Plan, Coastal
Construction: Frame
Exterior: Lap Siding, Shakes, Cement Fiber Board
Foundation: Piling, Slab
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Municipal Sewer
Parking Description: Off Street
Has Garage: yes
Has a Pool: yes
Pool Description: Outdoor, In Ground, Custom, Heated, Heated Salt, Private Pool, Association Pool
Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Water Frontage
Lot Size in Acres: 0
Road Description: Paved, Private
Waterfront Description: Oceanfront
View Description: Ocean, Park Serv/Preserve, Sound, Salt Marsh
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Income: Annual Rental Income: 351000
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 2002
Builder: East Coast Construction
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $2999999
HOA Fee: 2, 620
HOA Fee: Yes
HOA Includes: Common Electric, Common Insurance, Road Maintenance, Walkways
Tax Year: 2017
Tax Amount: 10, 465
Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Sauna, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Tiki Bar
Garage Description: Attached, 2 Car


$ per month
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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Gray Berryman
Broker: Carolina Designs Realty, Inc.
800-368-3825 ext. 6240

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Outer Banks data last updated at July 26, 2017 2:01 PM ET