$2,295,000 121 Salt House Road Corolla, NC

MLS: 108237   Type: Single Family   County: Currituck   City: Corolla   Area: Corolla Oceanside   Neighborhood: Pine Island   Zip: 27927     Stories: 1   Taxes: $9,791

Mortgage $10,775 /mo



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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 $219,000 in rental income already on the books for 2020!

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Price History

2/10/2020 Listed $2,375,000
6/11/2020 4% - $2,295,000

Association Amenities Outdoor-Comm. Pool
Extras Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Shower, Inside Laundry Room
Financing Options Cash, Conventional, Non-conforming/Jumbo
HOA Fee Includes Pool, Road Maintenance, Sewer/Septic
Listing Area Corolla Oceanside
Ownership Owned More than 12 Months
Potential Short Sale No
Status Active
Status Active
Subdivision Pine Island Pud
Tax Year 2019
Taxes 9791
Type Single Family - Detached
Waterfront Location Oceanfront
Year Built 2002
Zoning res

Interior Features

Appliances 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
Beds 9
Cooling Central, Heat Pump
Full Baths 9
Furnishings Available Y/n Yes
Half Baths 3
Heated Living Area Sq Footage 5664
Heating Central, Heat Pump
Interior Features Cathedral Ceiling(s), Gas Fireplace, Master Bath
Optional Rooms Game Room, Home Theater, Office

Exterior Features

Approx.lot Sqft 17600
Exterior Cement Fiber Board
Flood Zone X
Foundation Piling
Pool (Y/N) Yes
Pool Type Private
Pool Y/N Concrete, In Ground, Private Pool
Roads Paved
Roof Asphalt/Fiber Shingle
View Ocean, Sound
Water Municipal

Property Schools

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Gallery (36 photos)

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Property vs Zip Code Avg (27927)

Price 2.29M Avg 945K

Sqr Feet 5,664 Avg 3,392

Cost / Sqr Ft $405 Avg $279

Taxes $9,791 Avg $4,504

Acres 0.4 Avg 0.21

Visits 203 Avg 124

Days on Site 146 Avg 194

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Listing Provided Courtesy Of: Jeanne-Marie DeStefano @ Keller Williams - OBX

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Location & Address

Outer Banks Real Estate Mike and Stacy Siers Howard Hanna
3928 N Croatan Hwy
Kitty Hawk, NC