197 Hicks Bay Lane , Lot 222

    Corolla, NC 27927
    • $3,495,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 106869
    UPDATED: 37 min ago
    $3,495,000
    • 10
      BEDS
    • 0.63
      ACRES
    • 10
      BATHS
    • 3
      1/2 BATHS
    • 6,631
      SQFT
    • $527
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2014
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY! $349,000 RENTAL INCOME - 4 YEAR AVERAGE!! 2017 Advertised Income of $387,235 or an 11.08% ROI. A stellar investment performer, this exquisite custom-designed oceanfront home with breathtaking views of the ocean and sound, Sea Pearl exudes quality the moment you step over the threshold of its beautiful mahogany front entry. Almost as stunning as the views offered by Mother Nature is the home's interior. Replete with first-rate finishes and furnishings including gorgeous Santos Mahogany flooring, the elegance of the home is perfectly balanced with an upscale coastal theme to provide a relaxing experience for guests. A whole-house SONOS system sets the mood both inside and out. And if you need more than music to catch your attention, there are 13 SMART-TVs throughout the house. Every bedroom offers extraordinary unobstructed views of either the Atlantic Ocean or the Currituck Sound. Another nod to quality, beautiful IPE decks embrace the home's exterior and a spacious screened porch all beckon you outside to experience an exceptional setting nestled on this narrow strip of sand between the Audubon Nature Preserve and the Atlantic Ocean. On level 3, the great room offers panoramic views of the Atlantic warmed by a lovely fireplace for those chilly spring and fall evenings. The large open floor-plan includes an oceanfront dining room resplendent with a custom chandelier mirroring treasures of the sea. In addition, a well-appointed kitchen complete with 2 refrigerator/freezers, 2 dishwashers, a wine chiller, and a gourmet chef stove is paired with a lovely vaulted breakfast room offering breathtaking views of the sound and the Preserve. Level three is capped with a westward loft with its own deck from which to enjoy marvelous sunsets over the Nature Preserve. The spectacular and unparalleled living area guarantees an extraordinary experience for family gatherings over meals or just relaxing together. Level 3 also includes three (3) en suite King masters, all with custom tile baths, the two oceanfront rooms share a private deck. Level 2 features an expansive oceanfront game room with a wet bar and fireplace. All seven (7) bedrooms are en suite masters - 5 Kings, 1 Queen, and 1 Bunk/Duo. Three oceanfront and two sound-front bedrooms open onto the expansive exterior decks. Level 1 is where the fun truly begins. There is a spacious recreation room with something for the entire family starting with a 15-seat state of the art home theater complete with a Kaleidescape streaming movie library. Also included in the rec room and level 1 is air hockey, ping pong, game table for 6, wet bar with seating for 5, refrigerator, commercial ice-maker, the second laundry area, a two-car garage, and two massive storage areas. From there, a sparkling oceanfront saltwater pool and an over-sized hot tub welcome you to the ultimate playground. The poolside deck also includes an exterior half-bath and two outdoor showers. Built by Wickre Construction for its inaugural season in 2015, it has been immaculately maintained and managed as a luxury home in the Twiddy and Company Premier Home program. With $200,888 already on the books for 2020, this property is already well on its way to another banner year. See the associated documents for updated revenues.

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    © 2019 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 Outer Banks Realty Group. Data last updated: 2019-10-23T20:37:34.69.
    www.outerbanksrealtygroup.com/homes/99709827

    197 Hicks Bay Lane , Lot 222 Corolla, NC 27927

    • Price: $3,495,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 106869
    10
    Beds
    10
    Baths
    3
    ½ Baths
    0.63
    Acres
    6,631
    SQFT
    $527
    $/SQFT
    2014
    Built
    Neighborhood:
    Pine Island PUD
    County:
    Currituck
    Area:
    Corolla Oceanside
    Property Description
    RARE OPPORTUNITY! $349,000 RENTAL INCOME - 4 YEAR AVERAGE!! 2017 Advertised Income of $387,235 or an 11.08% ROI. A stellar investment performer, this exquisite custom-designed oceanfront home with breathtaking views of the ocean and sound, Sea Pearl exudes quality the moment you step over the threshold of its beautiful mahogany front entry. Almost as stunning as the views offered by Mother Nature is the home's interior. Replete with first-rate finishes and furnishings including gorgeous Santos Mahogany flooring, the elegance of the home is perfectly balanced with an upscale coastal theme to provide a relaxing experience for guests. A whole-house SONOS system sets the mood both inside and out. And if you need more than music to catch your attention, there are 13 SMART-TVs throughout the house. Every bedroom offers extraordinary unobstructed views of either the Atlantic Ocean or the Currituck Sound. Another nod to quality, beautiful IPE decks embrace the home's exterior and a spacious screened porch all beckon you outside to experience an exceptional setting nestled on this narrow strip of sand between the Audubon Nature Preserve and the Atlantic Ocean. On level 3, the great room offers panoramic views of the Atlantic warmed by a lovely fireplace for those chilly spring and fall evenings. The large open floor-plan includes an oceanfront dining room resplendent with a custom chandelier mirroring treasures of the sea. In addition, a well-appointed kitchen complete with 2 refrigerator/freezers, 2 dishwashers, a wine chiller, and a gourmet chef stove is paired with a lovely vaulted breakfast room offering breathtaking views of the sound and the Preserve. Level three is capped with a westward loft with its own deck from which to enjoy marvelous sunsets over the Nature Preserve. The spectacular and unparalleled living area guarantees an extraordinary experience for family gatherings over meals or just relaxing together. Level 3 also includes three (3) en suite King masters, all with custom tile baths, the two oceanfront rooms share a private deck. Level 2 features an expansive oceanfront game room with a wet bar and fireplace. All seven (7) bedrooms are en suite masters - 5 Kings, 1 Queen, and 1 Bunk/Duo. Three oceanfront and two sound-front bedrooms open onto the expansive exterior decks. Level 1 is where the fun truly begins. There is a spacious recreation room with something for the entire family starting with a 15-seat state of the art home theater complete with a Kaleidescape streaming movie library. Also included in the rec room and level 1 is air hockey, ping pong, game table for 6, wet bar with seating for 5, refrigerator, commercial ice-maker, the second laundry area, a two-car garage, and two massive storage areas. From there, a sparkling oceanfront saltwater pool and an over-sized hot tub welcome you to the ultimate playground. The poolside deck also includes an exterior half-bath and two outdoor showers. Built by Wickre Construction for its inaugural season in 2015, it has been immaculately maintained and managed as a luxury home in the Twiddy and Company Premier Home program. With $200,888 already on the books for 2020, this property is already well on its way to another banner year. See the associated documents for updated revenues.
    Exterior Features

    Construction Frame Exterior ShakesWood Extras Beach AccessBoardwalk To BeachCeiling Fan(S)Common Laundry AreaCovered DecksElevatorFenced YardGarage Door OpenerHot TubLandscapedLawn SprinklersOutside LightingOutside ShowerPatioScreened PorchSecurity SystemSmoke Detector(S)Sun DeckInside Laundry Room Foundation Piling Garage Attached2 Car Lot Description Beach FrontageCul-De-SacLevel Parking Paved Pool In GroundConcreteCustomHeated SaltPrivate Pool Pool YN Yes Roads PavedPrivate Roof Asphalt/Fiber Shingle Style Coastal View Description OceanSound Waterfront Location Oceanfront

    Interior Features

    Air Conditioning Central Appliances DishwasherDryerIce MachineMicrowaveRange/OvenRefrigerator W/Ice MakerWasher2Nd Dishwasher2Nd RefrigeratorWine Cooler Bedroom1 Level 3 Bedroom2 Level 3 Bedroom3 Level 3 Bedroom4 Level 2 Bedroom5 Level 2 Bedroom6 Level 2 Bedroom7 Level 2 Bedroom8 Level 3 Counter Tops Granite Dining Room Level 3 Floor Coverings CarpetCeramic TileTileHardwood Furnishings Available YN Yes Game Room Level 1 Heating CentralForced AirGeo-ThermalHot Water Interior Features 9' CeilingsCathedral Ceiling(S)Dryer ConnectionGas ConnectionGas FireplaceMaster BathPantryWasher ConnectionWet Bar Kitchen Level 3 Living Room Level 3 Optional Rooms Breakfast NookFoyerGame RoomLoftPantryUtility RoomHome Theater

    Property Features

    Annual Rental Income 349100 Association Amenities ClubhouseHealth ClubOcean AccessOutdoor-Comm. PoolOutdoor-Off Site Tennis Association Fee Includes ManagementPoolRoad MaintenanceSecurityTennis CourtsWalkways Association Fee YN Yes Bank Owned YN No Builder Wickre Construction Company Estimated Annual Fee 4000 Financing Options CashConventionalJumbo Loan Flood Expenses 0 Flood Zone X Insurance Expenses 19072 Pool Spa Expense 5000 Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Sea Pearl Rental Performance 0.0999 Residential Type Single Family - Detached Sewer Septic Community Septic Tax Year 2019 Taxes 13037 Water Municipal Yearly Cable Tv Expense 3000 Yearly Electric Expense 6000 Yearly Telephone Expense 300 Yearly Water Expense 2000 Zoning Res

    Listing courtesy of Ray Meiggs of Twiddy & Company - Corolla.


    © 2019 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 Outer Banks Realty Group. Data last updated: 2019-10-23T20:37:34.69.
     
    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949