Rick Drumm

Richard Drumm
Outer Banks Blue
Kitty Hawk, NC 27949

252-305-9999
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Listing 7 out of 156
Sold for $2,699,999 Sold

107 Cadwall Road
Corolla, NC 27927

9 beds, 11 full, 2 partial baths | Single Family Home
6,309 sq ft - MLS# 95207
Property Photo
1/36

Sold

Sold for $2,699,999 on Jan 28, 2018

Description

This exceptional estate offers a premier southern Pine Island location with unobstructed views. The architecture, design, and furnishings are truly inspired! Earning $302,450 in 2017 income + a prime summer owner week with more room to grow, this home is an outstanding vacation rental investment 2018 confirmed income is tracking significantly higher than at this time last year. Breathtaking sunrise to sunset views of the Atlantic and the Currituck are showcased through expansive windows. The generously proportioned bedrooms are complemented by a state of the art theater, game room, sports bar and lounge, and recreation area in the finished garage. The gracious outdoor living areas showcase a heated saltwater pool and designer finishes and plantings. The cabana is shaded on two levels with ocean views, music and entertainment, fireplace, sauna, full bath, and kitchen amenities. The prestigious Corolla address offers easy access to Duck. The private beach is one of the least crowded on the Outer Banks with the nearest public access over 3 miles away. Lavishly appointed with the latest electronics and finishes, this home makes vacation life effortless. Everything is done and every room is up to date. Ownership here is easy with the security of established income and the privacy and views of Cadwall Road. ** handicap friendly ** elevator ** community amenities ** safe and secure dune ** 100 foot wide lot ** NFIP eligible ** community dune maintenance ** This home is also available weekly for $21,890 and is shown by appointment only.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family - Detached
  • Listing Status: Sold Co Op By Member
  • Listing Price: $2,699,999
  • County/Area: Currituck County
  • Zip Code: 27927
  • Year Built: 2002
  • Subdivision/Neighborhood: Pine Island Pud
  • Sq.Ft.: 6,309 sq ft
  • Style: Mediterranean, Reverse Floor Plan, Coastal
  • Bedrooms: 9
  • Full Baths: 11
  • Half Baths: 2
  • Garage: Attached, 2 Car
  • Baths: 12 baths
  • Pool or Spa: See Pool Details
  • View: Ocean,Park Serv/Preserve,Sound,Salt Marsh
  • Waterfront: Oceanfront
  • Zoning: R01
  • Area: Corolla Oceanside
  • Advertised Income 2017: 302450
  • Advertised Income 2018: 206210
  • Air Conditioning: Central, Heat Pump, Zoned
  • Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee Includes: Common Electric, Common Insurance, Road Maintenance, Walkways
  • Builder: East Coast Construction
  • Construction: Frame
  • Counter Tops: Granite
  • Est Annual Rental Income: 351000
  • Estimated Annual Fee: 2620
  • Exterior: Lap Siding, Shakes, Cement Fiber Board
  • Extras: Beach Access, Boardwalk To Beach, Cabana, Ceiling Fan(S), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Sauna, Smoke Detector(S), Sun Deck, Whirlpool/Spa, Tiki Bar
  • Foundation: Piling, Slab
  • Heating: Central, Heat Pump, Zoned
  • Interior Features: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(S), Gas Fireplace, Master Bath, Pantry, Wet Bar
  • Lot Description: Adj To Park Serv./Preserv, Beach Frontage, Water Frontage
  • Optional Rooms: Game Room, Library/Study, Loft, Home Theater
  • Owner Rental Income 2017: 292650
  • Owner Rental Income 2018: 199560
  • Parking: Off Street
  • Pool Details: Yes, See Association Amenities, Outdoor,In Ground,Custom,Heated,Heated Salt,Private Pool,Association Pool, Private and Association, Yes
  • Rental Cottage Name: Ocean Grand
  • Roads: Paved, Private
  • Roof: Asphalt/Fiber Shingle
  • Sale/Rent: For Sale
  • Selling Agent: Dave Hoare
  • Selling Office: Resort Realty - Kh
  • Sewer/Septic: Municipal Sewer
  • Unit/Lot #: Lot 269
  • Waterfront Location: Oceanfront
  • Sold Price: 2699999
  • Sold Date: 2018-01-28 00:00:00
Courtesy of Carolina Designs Realty, Gray Berryman



Rick Drumm | 252-305-9999 | Contact Me
3732 N Croatan Hwy Box 1220 - Kitty Hawk, NC 27949
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