Residential

528 Magnolia Way, Corolla

$574,900.00

Bedroom 3 bedrooms
Full Bathroom 2 full baths
Half Baths 1 half baths

  • MLS #: 125477
  • Status: Sold
  • Address: 528 Magnolia Way, Corolla, NC 27927
  • Date Listed: 4/26/2024
  • Days on Market: 91
  • Stipulations: No
  • Subdivision: TCC-Magnolia Bay

Location Location

Agent Comments Agent Comments
NEW FORTIFIED ROOF - NEW LP SMART SIDING - NEW EXTERIOR PAINT! All the work has been done for you. This 3 bedroom 2.5 bath home is located in the Currituck Club community of Corolla, known for it's upscale neighborhood feel, manicured grounds, pools galore, beach access and award winning Rees Jones golf course. What is extra special about this home is that it's located at the southern end of the community, so the beach is walkable (or you can take the neighborhood trolley) and one of the resort pools is just down the street and hardly used! You'll be welcomed with sound views as you drive up to the home, and the mature live oak adds to the Outer Banks charm. The covered porch greets you as you walk up to the main entrance. Or use the garage for a dry entry. The garage is also great as a game room or for golf cart storage. The reverse floor plan of the home lets you soak in the ample natural light from the main living space. Tall and wide windows showcase the live oaks, sunshine and slight sound views, bringing the outdoors in and making the space feel more open. The cathedral ceilings and open floor plan accent that aesthetic. You'll find the living space, kitchen, dining, half bath, laundry and powder room on this floor. Walk down a half flight of steps to the primary bedroom and ensuite bathroom, with double sinks and jacuzzi tub. Downstairs on the first level, you'll find the two additional bedrooms with a shared bathroom. The layout gives a nice buffer between the primary bedroom and the other two bedrooms. This level also features a dedicated entryway and the entrance into the garage. Outside the home, you'll find the outdoor shower and hot tub. The owners have used the home both as a rental investment and second home. Rental projections range from $40,000 to $55,000, just ask your agent for details. The home comes fully furnished and decorated, in a coastal theme that pays homage to golf course life. HOA dues have been paid in full for 2024 for the new buyer.

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Heat Pump
  • Interior: Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Amenities: Clubhouse, Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Cement Fiber Board
  • Waterfront Features: None
  • Sewer/Septic: Community Septic
  • Garage Description: 1 Car, Attached
  • Pool Description: Association Pool, Outdoor
  • Roads: Paved, Private
  • View Description: Sound
  • Water Access: Municipal

Additional Features Additional Features
  • County: Currituck
  • Property Type: Single Family - Detached
  • Year Built: 1996
  • HOA Fee Required: Yes
  • HOA Fee: 6500
  • HOA Includes: pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts
  • Is an REO: No
  • Extras: Hot Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Original Price: 589000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 2939
  • Tax Year: 2023

Seller's Representative: Jeanne-Marie DeStefano, Keller Williams - Outer Banks
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