632 Grebe Court, Corolla, NC 27927

Property Description

AWESOME LOCATION! LOWEST PRICED OCEANSIDE HOME IN COROLLA! INCOME POTENTIAL UP TO $60K W/ SOME IMPROVEMENTS! SHORT WALK TO BEACH AND COMMUNITY POOL! Discover the perfect blend of potential and location with this classic 4-bedroom beach home nestled in the sought-after Ocean Sands community of Corolla. Whether you're looking for a second home or a smart investment property, this charming retreat is full of opportunity. New roof in 2023. Kitchen appliances were replaced last year with stainless steel, offering a head start on modernizing the space while leaving plenty of room to add your own personal touches and style. With a little vision and creativity, you can transform this property into your ideal coastal escape or a standout vacation rental. Located just a short walk to the beautiful, wide beaches of Corolla, the home also includes the option to be a member of the Ocean Lakes pool and tennis courts which is limited—adding value for both your family and your guests and giving you an advantage other homes don't have, as well as giving you a pool without the expense of maintaining your own! Membership is just $925/yr. Ocean Sands is a favorite destination for vacationers, thanks to its prime location near shopping, dining, and family-friendly activities. The popular Timbuck II Shopping Center, mini golf, and Food Lion are all just minutes away, making it a convenient and attractive spot for visitors year after year. It has never been in a rental program so the home is lightly used. And since it's not in a rental program...lots of opportunity! Enjoy it this summer or put in a rental program to get some income! Rental Income projections of up to $44K as is or up to $60K with some improvements!