1873 Ocean Pearl Road
Corolla, NC 27927


Beds: 23
Baths: 20 | 3
Sq. Ft.: 12,468
Listing #99427
10 beautiful acres of Ocean to Sound Privacy! This could be one of the most rare opportunities on the East Coast. Included within this vast acreage is a magnificent 12,000+ sqft estate with 23 bedrooms fully furnished and ready to enjoy. Currently a vacation rental and special event retreat, this home generates significant annual income repeatedly grossing between $450-550K. Remotely located in the 4x4 only beaches of Corolla, this one-of-a-kind estate incorporates Old Nags Head style architecture with modern amenities and luxury furnishings. Features include 11,000 sqft of expansive decking, dance and multimedia hall, multiple bar areas, theater room, billiards, large gourmet kitchen with separate commercial kitchen and private elevator access for staff. Enjoy panoramic views of the sea, wild horses grazing near the property in the 1300+ acre US Fish and Wildlife Preserve, or lounge by the pool. You must see this house in person to fully appreciate the size and privacy. There is an adjacent 10 acre oceanfront lot also available and borders the 1300 acre US F&W preserve to ensure the privacy or allow for further development of this special compound. Additional financial information available to qualified buyers. Check out the Virtual tour at https://my.matterport.com/show/?m=uc9Lz25dzYe&brand=0&utm;_source=3
Property Features
Location Information
County: Currituck
MLS Area: 4-Wheel Drive Area
Subdivision: Swan Island Estates
Directions: Contact agent
Interior Features
Interior: Cathedral Ceiling(s), Master Bath, Wet Bar, Electric Fireplace
Heating: Central, Heat Pump
Cooling: Central
Floors: Carpet, Tile, Wood
Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
Furnishing Available: Yes
Exterior Features
Style: Nags Head, Coastal
Construction: Frame, Wood
Exterior: Shakes, Wood
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Private Septic
Water Access: Private, Well
Has a Pool: yes
Pool Description: In Ground, Gunite, Custom, Heated, Private Pool
Lot Description: Beach Frontage, Water Frontage
Lot Size in Acres: 0
Road Description: Unpaved
Water Frontage: 124
Waterfront Description: Oceanfront
View Description: Ocean, Park Serv/Preserve
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Income: Current Year Owner Rental Income: 495956, Current Year Gross Rental Income: 523475, Previous Year Owner Rental Income: 488577, Previous Year Gross Rental Income: 515350
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 2010
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $3895000
HOA Fee: 0
HOA Fee: No
Tax Year: 2017
Tax Amount: 11, 150
Extras: Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Water Softener, Tiki Bar

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Interest Rate
Down Payment
List Price:
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.
Seller's Representative: Jason Summerton, Twiddy & Company - Wash Woods
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Outer Banks - OBAR data last updated at March 17, 2018 11:55 PM ET
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