1131 Franklyn Street, Corolla, NC 27927

$2,475,000
5
BD
7
BA

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List Price
$2,475,000
MLS#
134615
Status
(10) ACTIVE - ACTIVE
Type
Single Family Residential
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
7
Full-baths
6
Half-baths
1
Neighborhood
Corolla Light

Property Description

COROLLA OCEANFRONT ELEGANCE! Lovingly cared for by its original owner, this oceanfront Corolla Light family beach home is kept to a standard one rarely sees. From the curb, this 3800 square foot home, built by legendary contractor David Stormont, beckons visitors up the front steps to a covered porch, with the Currituck Lighthouse standing in the distance. Inside, Carolina sunshine pours through arched ocean-facing windows. You’re on vacation before you’ve set down your bags. Starting on the ground level, a dry entry handles sandy feet and wet towels, leading to a convenient full bath, and then opens to a gracious tv den and is large enough to cleverly double as a sixth bedroom that sleeps four. Out back, the hot tub sits in a lattice-enclosed patio, with more shaded outdoor living under the house, two levels of sun and shade decks that link to the elevated wood deck walkway which leads to the beach. Private beach access is shared with two neighboring houses. The middle level holds four bedrooms, each with a private bath, plus the laundry and a covered front entry that opens to a 2-story foyer with grand staircase finished with glass finials. The top level is where the house really shows off. Banks of windows frame the Atlantic in a vaulted great room. Natural light and serene vistas are a stand out feature from this level. The sun sets through the windows in the kitchen featuring bar-seating island, double wall oven and gas cooktop. The dining table seats a crowd and opens to the deck. A step-up loft is the best spot for morning coffee. The fifth bedroom suite has its own bath and slider onto the ocean facing deck. Corolla Light amenities include indoor and outdoor community pools, indoor and outdoor tennis, pickleball, a health club, a playground, and sound access. Two property management companies estimate gross annual income would be between $180,000 and $200,000. Pride of ownership shows and will be appreciated by the next lucky owner: new roof (2022), HVAC and water heater (2026), fresh interior paint, and new furniture, rugs and bedding throughout. Ask for the complete list of repairs and upgrades.

Additional Information

Appliances
2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Refrigerator w/Ice Maker, Washer, Wall Oven
Association Ammenities
Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
Foundation
Piling, Slab
Interior Features
Walk-In Closet(s)
Lot Description
Adj. To Common Area
Optional Rooms
Foyer, Media Room, Shipswatch
Pool
Yes
Roof
Asphalt
Sewer
Shared Septic
Style
Reverse Floor Plan, Coastal
View
Ocean
Zip
27927
Neighborhood
Corolla Light
Year Built
1997
County
Currituck
Rental Performance
0.0797

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Listing courtesy of Keller Williams Outer Banks Kdh.

Listed by The Spencer Team

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