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601 Schooner Ridge Lot V, Corolla, NC 27927

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For Sale

$1,699,000

6 beds • 4 baths • 2,394 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $709.69
    Price per square foot

Explore this Property

Opportunity abounds at this oceanfront retreat in the sought-after Ocean Sands community of Corolla. This property offers exceptional flexibility, with confirmation that the lot can accommodate a 7-bedroom new construction home with a pool. A site plan has already been engineered and is available in the associated documents. Twiddy's rental projection for a new construction 7-bedroom oceanfront home with a pool ranges from $271,905-$312,406, making this an outstanding investment opportunity. The current 6-bedroom cottage has been cherished by the same family for three generations since 1980. It captures the simple Outer Banks lifestyle of yesteryear, when families would head to the coast for long weekends and summers spent watching children build sandcastles, playing in the waves, and ending the day with an outdoor shower, freshly picked crabs on the screened porch, and stargazing by the sea. For those who value the nostalgia of a traditional coastal cottage, this home offers the perfect chance to renovate and enjoy a classic beach retreat. Ideally located beside the community s beach walkway, the property provides effortless access to the sand and surf just steps from your door. From sunrise views over the Atlantic to quiet walks or bike rides through Corolla s peaceful streets, the setting embodies the best of coastal living. Nearby attractions include the historic Corolla Village, Currituck Beach Lighthouse, local shops, restaurants, and the famous wild horse tours that make this area so special. Whether you choose to restore the existing home or build anew, this oceanfront property offers endless potential, an unbeatable location, and the timeless appeal of Corolla living. Please note: An older-style metal spiral staircase provides access to the third level and is best suited for those in good health who can comfortably navigate stairs. Current tax records state 4 bedrooms. Owner is working with county to have record updated.
MLS# 130747

Courtesy Of Twiddy & Company of Duck, Inc.

(252) 457-1600

Property Features

  • Amenities
    Porch, Water Front
  • Architecture Style
    Other
  • View Type
    Ocean

Map and Directions

Directions to 601 Schooner Ridge Lot V, Corolla, NC 27927

Home seller CENTURY 21 Nachman Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Nachman Realty

(252) 261-6400
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.