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$1,939,900   Price Analysis
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402 Deep Neck Rd
Corolla, NC 27927
8 bed 9 bath 4,500 SqFt ($431/SqFt)
0.47 acre lot. Built 1998
Listed 2024-02-28, HOA $259, Taxes $6,078
May be USDA loan restricted due to income limits
near Corolla

This stunning coastal retreat offers serene ocean vistas!

Situated amongst a row of exquisite homes, this property stands out with its functional design and proximity to the uncrowded Corolla beaches. Featuring 8 bedrooms, six bedrooms come with its own full bathroom and most with balcony or deck access, this home exudes comfort and convenience. Nestled oceanside, it provides abundant space indoors and outdoors for relaxation, recreation and soaking in the picturesque surroundings within the highly coveted Pine Island community. A gentle stroll takes you to the beach conveniently located 500' away from your front door or you can spend leisurely days in your own secluded backyard sanctuary surrounded by trees, featuring a roomy pool and hot tub. Highlighting a reverse floor plan, updated laminate flooring, a practical layout and enchanting ocean views, this property is a true gem. The upper level features a spacious fantastic room with a welcoming gas fireplace, cathedral ceiling, breathtaking views and a well-appointed chef's kitchen equipped with stainless steel appliances, a central island with seating for 6, a cozy breakfast nook and a serene separate dining area for adults.

Additionally, it boasts a screened porch, a wrap-around top deck and a ship's watcha perfect spot for unwinding with a good book or enjoying a morning coffee while admiring the sunrise. A primary bedroom with a private ensuite bath and access to a private deck completes this level. Descending t the mid-level, you'll find 5 bedrooms, including 3 generous primary King bedrooms, each with their own bath and deck access and 2 bunk rooms. On the ground level, you'll find two additional primary bedrooms, each featuring an ensuite bath, along with a convenient laundry area. This level also includes a fun-filled game room complete with a pool table and foosball, game table, a cozy TV area, a well-equipped kitchenette including a full size refrigerator and dishwasher. There's also a convenient powder bath accessible from the pool area and volleyball court. This home truly has all the amenities to help capitalize on investment income. Estimated income from Sun Realty shows a 8% G.R.O. I. Recent enhancements include all CONTEMPORARY HARDIE-PLANK 30 year siding with 15 year paint installed in 2021, a Fortified Roof installed in 2020, Mid- floor HVAC unit installed 2022 and top floor 2018. Pristine laminate wood flooring and carpets (except bedrooms) in 2023. The Pine Island community boasts a range of exceptional amenities, including a beach club, heal th club, outdoor pool, racquet and fitness center and scenic walking trails.


Presented by Heather Vandermyde at
Coldwell Banker Seaside Realty - KDH.
Listing Agent Photo

Property MLS #124817 from OuterBanks

Bedrooms: 8

Total Bathrooms: 7
Full Bathrooms: 7
1/2 Bathrooms: 2

All Window Treatments
Cathedral Ceiling(s)
Dryer Connection
Gas Connection
Gas Fireplace
Ice Maker Connection
Ensuite
Washer Connection
Wet Bar
Furnished: Yes
Interior Amenities: Game Room, Pantry
Flooring: Carpet, Ceramic Tile, Vinyl

Dishwasher
Dryer
Microwave
Range/Oven
Refrigerator
Washer
2nd Dishwasher
2nd Refrigerator

Cooling Features: Central, Heat Pump, Zoned
Heating Features: Electric, Forced Air, Heat Pump, Zoned

Pool Features: Outdoor, In Ground, Private Pool
Pool Private: Yes

2 - lots from oceanfront (3rd row)

Lot Description: Irregular Terrain
Lot Size Acres: 0.46545
Lot Size Dimensions: 148x149x155x141
Lot Size Square Feet: 20275

Roads: Paved, Private

Parking Features: Paved

View: Ocean

Association: Yes
Association Amenities: Clubhouse, Health Club, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
Association Fee: 3106
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 259

Gross Scheduled Income: 165000
Lease Term: Weekly

Beach Access
Boardwalk to Beach
Ceiling Fan(s)
Covered Decks
Hot Tub
Landscaped
Lawn Sprinklers
Outside Lighting
Outside Shower
Screened Porch
Smoke Detector(s)
Storage Shed
Sun Deck
Annual Tax Amount: 7310.99
Source Listing Status: Active
County: Currituck
Directions: N. on Hwy12 enter E on Pine Gate 1st Left on Deep. House on left.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Area: Corolla Oceanside
Source Neighborhood: Pine Island Pud
Subdivision: Pine Island Pud
Zoning: SFO
Property Subtype: Single Family - Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$549,000 + $530,000
$1,079,000
$6,078
2021$549,000 + $530,000
$1,079,000
$6,063
2020$497,800 + $500,000
$997,800
$5,690
2019$497,800 + $500,000
$997,800
$5,690
2018$497,800 + $500,000
$997,800
$5,690
2017$497,800 + $500,000
$997,800
$5,158
2016$497,800 + $500,000
$1,022,690
$5,158
2015$497,800 + $500,000
$997,800
$5,158
2014$497,800 + $500,000
$997,800
$5,158
2013$497,800 + $500,000
$997,800
$5,210
2012$700,768 + $900,000
$1,600,768
$5,551
2011$700,768 + $900,000
$1,600,768
$5,551
2010$700,768 + $900,000
$1,600,768
$5,536
2009$700,768 + $900,000
$1,600,768
$5,536

Price Changed 2024-05-30
$1,939,900
OuterBanks
Price Changed 2024-05-08
$1,949,900
OuterBanks
Listed 2024-02-28
$1,999,900
OuterBanks

Total Square Feet Living: 4500
Year Built: 1998
Building Exterior Type: Cement Fiber Board
Construction Materials: Frame, Wood
Foundation Details: Piling
Property Age: 26
Roof: Asphalt/Fiber Shingle
House Style: Contemporary, Reverse Floor Plan

Sewer: Municipal Sewer
Water Source: Municipal

Currituck County Middle is a public middle school located approximately 12.1 miles away.
directions icon Map directions

Currituck County High is a public high school located approximately 12.3 miles away.
directions icon Map directions

Knotts Island Elementary is a public elementary school located approximately 18.3 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.