201 Hicks Bay Lane
Corolla, NC 27927

$1,990,000

Beds: 7
Baths: 7 | 2
Sq. Ft.: 5,500
Listing #90017
POSSIBLE DREAMS !CHECK OUT THE PICTURES AND LET THE DREAMS BE YOURS. " YOU CAN ALWAYS GET WHAT YOU WANT" Don't listen to Mick Jager. POSSIBLE DREAMS ARE REAL. IF THE NEW OWNER UPGRADES A LITTLE THEY WILL GET A GREAT RETURN! BEST LOCATION IN PINE ISLAND WITH OPEN SUNSET SOUND VIEWS TO WEST & OPEN MILLION DOLLAR VIEWS OF OCEAN AND BEACH THROUGH SPECTACULAR 21 FOOT DOUBLE FLOOR WINDOWS. IT"S BACK ON THE MARKET WITH NEW STAINLESS APPLIANCES and MANY NEW WINDOWS, CARPETING, FANS, POOL IMPROVEMENTS, LANDSCAPING. 2018 WITH NEW MANAGEMENT BY TWIDDY $190,000.00 in RENTS GUARANTEED . OVER $120,000.00 already booked by DECEMBER 15th OF 2017 not counting 2 weeks OWNER USED TIME. RARE OPPORTUNITY OCEAN / SOUND WITH WALL OF GLASS TO THE EAST TO WATCH THE SUNRISE AND UNOBSTRUCTED SOUND FRONT SPECTACULAR SUNSETS OVER THE SOUTHERN CHARM OF THE CURRITUCK SOUND ! THERE ARE NO HOMES TO EAST OR WEST TO BLOCK YOUR VIEWS >>> ELEVATOR IS A UNIQUE FEATURE WITH EASY ACCESS. WOW WAIT UNTIL YOU SEE THE SPECTACULAR GAME ROOM> Owner has kept rental prices below market and for 2016 has raised the rate and is booking very well. THIS HOME IS DESIGNED WITH A GRAND TWO FLOOR GREAT ROOM AREA WITH A WALL OF GLASS OVER VIEW OF THE OCEAN AND POOL. THIS IS ONE OF THE FINEST STREETS IN PINE ISLAND THE HEART OF COROLLA'S PLAYGROUND OF THE ATLANTIC.. . MILES OF UNCROWDED OCEAN FRONT ON A SOFT SANDY BEACH. 7 LARGE BEDROOMS WITH 7 BATHROOMS AND 2 HALF BATHS FIT FOR ROYALTY...DON"T DREAM IT - BE IT!!!
Property Features
Location Information
County: Currituck
MLS Area: Corolla Oceanside
Subdivision: Pine Island Pud
Directions: North on Hwy 12 toward Duck when you cross County Line to Currituck Pine Island is on Ocean side enter on Ogeon and right on Hicks Bay Lane #201
Interior Features
Interior: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk, Common Area
Heating: Electric, Heat Pump, Zoned
Cooling: Heat Pump, Zoned
Floors: Carpet, Ceramic Tile, Hardwood
Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
Furnishing Available: Yes
Exterior Features
Style: Contemporary, Reverse Floor Plan, Craftsman, Coastal
Construction: Frame, Wood
Exterior: Shakes, Wood
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Community Septic, Private Sewer
Water Access: Private
Parking Description: Paved, Off Street, Under
Has Garage: yes
Has a Pool: yes
Pool Description: Outdoor, In Ground, Gunite, Custom, Private Pool
Lot Faces: E
Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level
Lot Size in Acres: 0.689
Lot Size in Sq. Ft.: 30, 000
Dimensions: 100 X 300
Road Description: Paved, Private
Street Frontage: 100
Water Frontage: 100
Waterfront Description: Oceanfront
View Description: Ocean, Sound, Salt Marsh
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Value: Land Value: 1359531
Expenses: Yearly Electric: 4150, Yearly Water: 1350, Yearly Telephone: 600, Yearly Cable TV: 1550, Insurance: 12300, Flood: 2400, Other Expenses: 1500, Other Expenses 2: 180, Other Expenses 3: 175, Septic Fee: 450
Bill of Sale: Bill of Sale In: Yes, Bill of Sale Amount: 1
Income: Current Year Owner Rental Income: 134765
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 1997
Builder: BD&A
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $2500000
HOA Fee: 3, 000
HOA Fee: Yes
HOA Includes: Common Electric, Common Insurance, Management, Road Maintenance, Sewer/Septic, Tennis Courts
Tax Year: 2015
Tax Amount: 9, 969.95
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Garage Door Opener, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Whirlpool/Spa
Garage Description: Attached, 2 Car


$ per month
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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: Dave Hoare, Resort Realty - KH
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Outer Banks data last updated at January 24, 2018 5:53 AM ET