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Listing Details

121 Salt House Road, Corolla

$2,375,000
  • Agent Remarks: 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!

Property Details

  • MLS #: 108237
  • Area: Corolla Oceanside
  • Year Built: 2002
  • Listing Date: 2020-02-09
  • Waterfront Location: Oceanfront
  • Subdivision: Pine Island Pud
  • PropertyType: Single Family – Detached

Interior Features

  • Bedrooms: 9
  • Bathrooms: 9
  • Partial Baths: 3
  • Heated Square Footage: 5664
  • Interior Features: Cathedral Ceiling(s),Gas Fireplace,Master Bath
  • Air Conditioning: Central,Heat Pump
  • Heating: Central,Heat Pump
  • Appliances: 2nd Dishwasher,2nd Refrigerator,Countertop Range,Dishwasher,Dryer,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer
  • View Description: Ocean,Sound
  • Optional Rooms: Game Room,Home Theater,Office
  • Furnishings Available YN: Yes
  • Annual Rental Income Dollars: 255012

Exterior Features

  • Extra Features: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Shower, Inside Laundry Room
  • Lot Square Footage: 17600
  • Directions: Take the south entrance to Salt House Road and you’ll see the house as soon as you turn in.
  • Taxes: 9791
  • Tax Year: 2019
  • Estimated Annual Fee: 3036
  • Water: Municipal
  • Roads: Paved
  • Pool: Concrete,In Ground,Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Exterior: Cement Fiber Board
  • Sewer Septic: Community Septic
  • Foundation: Piling
  • Association Amenities: Outdoor-Comm. Pool
  • Association Fee Includes: Pool,Road Maintenance,Sewer/Septic
  • County: Currituck

Financial Information

  • Price: $2,375,000
  • Listing Office 1 Name: Keller Williams – OBX
  • Listing Agent 1: Jeanne-Marie DeStefano
  • Listing Agent 2: Sarah Spencer

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Ariel photograph of Nags Head looking south along Highway 12 on the Outer Banks.

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