1058 Corolla Drive, Corolla, NC 27927

Property Description

Located in the oceanside Whalehead Beach community of Corolla, this 4-bedroom coastal home is one of the most affordable opportunities currently available in the neighborhood. Situated on a generously sized wooded homesite of nearly half an acre, the property provides privacy while still being just a short walk to the beach. This home will especially appeal to buyers seeking a unique beach house rather than a cookie-cutter design, featuring curved corner walls, skylights that bring natural light into the interior, and an open floor plan that enhances the airy coastal feel. Designed with a multi-level layout, the home comfortably accommodates families and guests. The upper level is bright and inviting with high ceilings and abundant windows, allowing natural light to fill the space. The living area flows seamlessly into the kitchen and dining area, creating an ideal central gathering space. A convenient half bath and a charming ship’s watch overlooking the Whalehead neighborhood complete the top level. The mid-levels include four bedrooms and two full baths. The primary suite features a king bed, private bath with tiled shower, and access to the rear deck. Additional bedrooms include another king room, a twin bedroom, and a bunk room well suited for younger guests. Outdoor living is a highlight of the property. The yard is designed for relaxation and recreation, featuring a private in-ground pool, hot tub, basketball hoop, horseshoe pit, and cornhole area, perfect for enjoying long summer days on the Outer Banks. Several decks provide additional outdoor living space to relax and take in the coastal breezes. A vacant lot on one side and an easement buffering the house next door give maximum privacy. The ground level offers flexible recreation space, with one side configured as a game room featuring a convertible pool/ping-pong table and foosball, while the opposite side serves as a casual lounge area with a sleeper sofa and television—ideal for movie nights or accommodating additional guests. A full bath connects these areas. Recent upgrades include new Hardiplank siding and exterior paint all around, a fortified roof, a new water heater, and more, contributing to both durability and peace of mind for future owners. The home is equipped with three independent heating and cooling systems for efficient climate control throughout, along with large attic storage space, a valuable feature rarely found in many beach homes. The home has been a popular vacation rental, primarily through VRBO and personal bookings, with estimated annual income of $35K+ rented only in the prime season. The location places you close to many of Corolla’s most popular attractions, including the Currituck Beach Lighthouse, historic Corolla Village, local nature trails, shopping, and dining. No high HOA fees or restrictive rules, just easy beach living. With its distinctive design, recent upgrades, strong rental potential, this beach property presents an appealing opportunity as a personal beach retreat or an investment property.