451 PIPSI POINT ROAD, COROLLA, NC 27927

451 Pipsi Point Road
COROLLA, NC 27927

$3,395,000

Beds: 9
Baths: 10 | 2
Sq. Ft.: 6,353
Listing #92829
Your private paradise awaits in this breathtaking oceanfront retreat! This home is upscale yet tasteful, elegant yet comfortable and glamourous yet graceful. Gentle use along with meticulous maintenance is reflected in every welcoming space. The generously sized rooms are filled with only the most inviting décor. The great room is a perfect example of beauty and function, and the well-appointed kitchen will be irresistible to the gourmet chef. After an exhilarating day at the beach, enter one of the 9 soothing master suites to restore your energy. All bedrooms are roomy and sun-kissed with an abundance of windows and private access to the decks that envelop the home. Enjoy a game of pool or shuffleboard in the fun-filled ground level recreation room equipped with a media area and a wet bar. Also on this level are a handicapped accessible bedroom, bathroom as well as an elevator serving all three levels creating a home that accommodates everyone. Bask in the sun by the pool or head to the peaceful beach where you can relax and rejuvenate. The stable dune hosts a deck with benches that will become a favorite place to gaze at the ever changing ocean. This is a rare opportunity to own an exquisite Pine Island home. The private beach is not crowded. The large dune provides abundant protection to the home. The 100 foot wide lot is spacious. In 2008 the home was rebuilt and expanded by Beach Realty and Construction and no expense was spared. In addition to the management company, the ownerâ??s handy man is on site weekly to keep the home in pristine shape throughout the summer. The owners chooses to not maximize rentals. In 2016 there are (7) repeat renters, many of whom come back year after year. No pets allowed. A very clean Finchem pre-sale inspection is on file. 2016 peak weekly rate: $18,650
Property Features
Location Information
County: Currituck
MLS Area: Corolla Oceanside
Subdivision: Pine Island Pud
Directions: East on Black Pine, left on North Cove, right on Pipsi Point--last home on the culdesac.
Interior Features
Interior: Cathedral Ceiling(s), Wet Bar
Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Heating: Central, Electric
Cooling: Central, Heat Pump, Zoned
Floors: Carpet, Ceramic Tile, Wood
Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
Furnishing Available: Yes
Exterior Features
Style: Contemporary, Reverse Floor Plan, Coastal
Construction: Frame
Exterior: Shakes, Wood
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Municipal Sewer
Water Access: Municipal
Parking Description: Paved, Off Street
Has a Pool: yes
Pool Description: Private Pool, Association Pool
Lot Description: Beach Frontage, Water Frontage
Lot Size in Acres: 0
Road Description: Paved, Private
Waterfront Description: Oceanfront
View Description: Ocean
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Income: Current Year Owner Rental Income: 218564, Current Year Gross Rental Income: 226333, Annual Rental Income: 226333
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 1994
Builder: 2008 remodel Jimbo Ward
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $3895000
HOA Fee: 2, 495
HOA Fee: Yes
HOA Includes: Common Electric, Common Insurance, Road Maintenance, Security, Tennis Courts, Walkways
Tax Year: 2016
Tax Amount: 10, 202.8
Extras: Beach Access, Boardwalk to Beach, Elevator, Handicap Friendly, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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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 May 25, 2017 12:02 AM ET