761 Bayberry Court, Corolla, NC 27927-9804

Property Description

Sand Dollar Central – Your Coastal Retreat in Corolla. Enjoy wide Corolla beaches just a 5 minute walk away along a private Ocean Sands beach access. Located on a quiet CUL DE SAC, surrounded by mature trees, and backing to Designated Open Space in Ocean Sands, this 6 bedroom home offers exceptional privacy, convenience, and RENTAL POTENTIAL just 0.3 miles from the ocean. Currently available for rent for only 5 peak weeks each summer, the home generates over $8,000 per week! Projected annual rental income could reach up to $120,000 if the calendar were fully opened, reflecting an impressive 14% GROSS RENTAL RETURN. All open weeks this summer are FULLY BOOKED! Whether you are seeking a second home with income flexibility or a strong investment opportunity, this property stands out for its income potential. The private backyard is designed for relaxation and entertaining, featuring a SOLAR HEATED POOL, a newly added TREX TIKI BAR with seating for six, an outdoor shower, and plenty of space to unwind after a day at the beach. Backing to protected open space enhances the sense of seclusion and long term privacy. Inside, the home is thoughtfully updated and ready for guests. The top level features a renovated kitchen with quartz countertops, stainless steel appliances, and a large island with bar seating. The adjacent den offers luxury vinyl tile flooring and an electric fireplace for cozy gatherings. This level also includes a bedroom with ensuite bath and access to a screened porch overlooking the pool, along with a sun deck and hot tub that help extend the rental season. The mid level offers four bedrooms, including a primary suite with an attached bath that is also accessible from the hallway, two Jack and Jill bedrooms, and a bunk room ideal for guests. Two bedrooms open to a deck where you can enjoy the coastal breeze. The ground level is dedicated to fun and flexibility, featuring a game room with pool table, sectional seating, and TV, plus a full bath and a sixth bedroom, an updated private suite ideal for added privacy. Situated on an ELEVATED LOT for peace of mind, the home has been meticulously maintained with numerous recent upgrades, including a Fortified Roof installed in 2021, Trex front porch and steps, Trex Tiki Bar, new pool pump, new landscaping, new hot tub cover and motor, and added water access to the front of the home. Owners self manage rentals and intentionally limit availability, offering additional upside potential for a future owner who chooses to expand the rental calendar. Rental history for 2024 through 2026 and rental projections are available in associated documents. Contact agent for additional details. Sand Dollar Central offers strong income potential, added privacy, thoughtful updates, and easy beach access in the heart of Corolla.