Price
$ 497,000
$2,000 Price cut

655 Ocean Lake Trail Lot 25, Corolla, NC 27927  
  • 5 beds
  • 5 baths
  • 2,793 sqft

655 Ocean Lake Trail Lot 25, Corolla, NC 27927  

Excellent investment opportunity! Recently learned a pool addition is possible. RENTAL PROJECTION WITH POOL $62,610! That's a possible 12.6% GRI! Amazing proven rental income and potential income, ocean views, updated, clean, well maintained, and a 1 minute walk to the beach. Pristine property with Ocean Views. Home sits less than 500 feet from the beach. It's a quick 3 minute walk to the wide, soft sand beaches of Corolla! Even has a roof top deck perfect for watching sunrises and sunsets! The kitchen has had extensive upgrades including new counters, tile floors, slow close cabinets, and all new stainless steel appliances. Exterior had a fresh coat of paint in 2016. Additional Recent upgrades over the last 5 years include; carpet, HVAC units, washer/dryer, hot water heater, drapes, french drains, rear siding, sofas, futon, bedroom fans, Foosball table, and mattresses. The master bedrooms are large and spacious. No need to look for furniture as this home is move in ready and includes all the furnishings, even the Hot Tub! The house sits adjacent to common area, community tennis, and swimming pool. You will not find a property as well kept as this Ocean Sands charmer. Property has been taken care of as if it were a personal residence, not a vacation rental. The proximity to common area makes this house feel much more open than your typical house in Ocean Sands. Excellent rental property with consistent rentals over the last 5 years. 2017 already has a full docket of reservations between June and October and was full by beginning of March. Property has a grandfathered Flood X zone policy and should be assumable saving you money! Contact me today for more details regarding rental history, expenses, or to schedule a tour.

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Listing Type
Single Family
Listing ID
95375
Bedrooms
5
Bathrooms
5
House Size
2,793
Listing Status
Active
Year Built
1996
County
Currituck
Full Bath
4
Half Bath
1
Subdivision
Ocean Sands
Zoning
Res
Fees
960.0
Taxes
2810.72
TaxID
126A0000025000O
TaxYear
2016
Listing courtesy of Steven Gross~Twiddy & Company - Corolla
Price History
Get price alerts on price change
Date Event Change Price
9/10/2017 Price change $-2,000 (-0.4%) $497,000
7/27/2017 Price change $-10,900 (-2.1%) $499,000
4/25/2017 Price change $-15,000 (-2.9%) $509,900
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX COASTAL ASSOCIATES
    8468 Caratoke Highway Powells Point, NC 27966 | Phone: (252) 489-8431
    License #: 170337
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.