Residential

1459 Ocean Pearl Road, Corolla

$17,000,000.00

Bedroom 45 bedrooms
Full Bathroom 37 full baths
Half Baths 6 half baths

  • MLS #: 124713
  • Status: Active
  • Address: 1459 Ocean Pearl Road, Corolla, NC 27927
  • Date Listed: 2/18/2024
  • Days on Market: 157
  • SQFT: 24980
  • Stipulations: No
  • Subdivision: Ocean Beach

Location Location

Agent Comments Agent Comments
Looking for a picturesque beach estate that is a strong income producer? 2022, 2023 and 2024 rentals totaled over $3,359,000. This sprawling oceanfront compound known as “The Three Authors” boasts 3 mansions with a total of 45 bedrooms, 37 baths, and 6 half baths. They are situated on over 10 acres of oceanfront property. The property is exquisite, unique, and unforgettable. There are multiple pool areas, gourmet kitchens, gaming areas, theatre rooms, elevators, and wet bars. You have Gigabit Fiber Optic Internet to keep you connected and a Reverse Osmosis Water treatment system for superior quality water. These three magnificent homes can be used for a family get-together, corporate retreats, weddings, or a secluded getaway to the beach. These homes are quite spectacular with no shortage of luxe details. These properties have an excellent return on investment. The “Three Authors” is located in the northern end of the Outer Banks on over 10 acres of oceanfront property. The northern section of the Outer Banks is undisturbed shorelines with no commercial development. There are no paved roads. You drive 2 miles on the beach past a North Carolina Coastal Reserve & National Estuarine Research Reserve to get to the properties. They have a private entrance crossing the dunes servicing all three homes. The peaceful and serene setting of these homes which are located in the 4-wheel drive area of the Outer Banks which is a favorite destination of visitors. This area consists of beaches, dunes, a wild horse sanctuary, maritime forests, and the ancestors of Colonial Spanish Mustangs are roaming free. Sit on one of the many decks enjoying a view of the ocean and watch the Spanish Mustangs roam throughout the property or watch the dolphins swim by in the ocean. The homes in this luxurious retreat were named after Mark Twain, Ernest Hemingway, and F. Scott Fitzgerald. 1) Mark Twain - 18 bedrooms, 15 full and 2 half baths, almost 11,000 square feet, 3.64 acres, 2023 property taxes were $12,505.51. 2) Hemingway - 14 bedrooms, 13 full and 2 half baths, almost 8000 square feet, 3.57 acres, 2023 property taxes were $8,941.41. 3) Fitzgerald - 13 bedrooms, 9 full and 2 half baths, over 6000 square feet, 3.54 acres, 2023 property taxes were $7,695.42.

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Heat Pump
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Waterfront Features: Oceanfront
  • Sewer/Septic: Private Septic
  • Pool Description: Outdoor, Private Pool
  • Lot Description: Beach Frontage, Level
  • Roads: Unpaved
  • Style: Coastal
  • View Description: Ocean

Additional Features Additional Features
  • County: Currituck
  • Property Type: Single Family - Detached
  • Year Built: 2007
  • HOA Fee Required: No - Restrictive Covenants May Apply
  • HOA Fee: 0
  • Is an REO: No
  • Bill of Sale Amount: 1
  • Construction: Frame
  • Original Price: 17000000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 29142.54
  • Tax Year: 2023

Seller's Representative: Charles Motosko, Charles S Motosko
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