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    537 Magnolia Way , Lot#43

    Corolla, NC 27927
    • $534,500
    • STATUS: Pending
    • ON SITE: 14 days
    • MLS #: 114185
    Pending
    UPDATED: 58 min ago
    $534,500
    • 4
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 2,379
      SQFT
    • $225
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1997
    County:

    School Ratings & Info

    Description

    This 4 bedroom (2 are masters) 3.5 bath home is located in the low maintenance community of Magnolia Bay within The Currituck Club. In an X Flood Zone (no flood insurance required) and just a short walk to the beautiful Corolla Beaches, the community pool and tennis courts. This one-owner RENTAL MACHINE currently has $51,126 for 2021 and generated $46,733 in rental income in 2020. Enjoy the light and airy reverse floor living with an open concept and functional layout. The top level features a great room with plenty of gathering spaces, a cathedral ceiling, gas fireplace, a spacious kitchen with ample counter space, eat-in bar, a brand new dishwasher, a large pantry, generous decks on the east and west side, a powder bath, and a master suite with a private bath. The east deck overlooks the private pool and common space that will never be obstructed. A perfect place to sip morning coffee or evening cocktails. The west deck is covered and is ideal for those rainy or hot summer afternoons. The enormous master bedroom has high ceilings, a private deck access, walk-in closet, and bath with double vanity, jet tub, separate shower, and water closet. The lower level includes a large two-story front entry, 3 bedrooms, one is a 2nd master suite with private deck access and a shared full bath, washer/dryer, and a 1 car garage that currently has a ping pong table perfect for rainy days, or game night after a family dinner. Recent improvements include; 2020: recent pool resurface, top level deck, pool fence, hot tub, and new HVAC for the upper level; 2018: HVAC for the lower level installed. 2021: some new outdoor furniture from Carolina Casuals 2021, new dishwasher 4/21. Magnolia Bay is located at the south end of the The Currituck Club, just a short walk or golf cart ride to the community beach access. Landscaping and yard maintenance are included in the Association Dues. So Just sit back, relax and enjoy your family, the beach and/or golf. If you would like to take the trolley to the beach during the in-season, the trolley stop is just steps from your home. The Currituck Club is one of the few gated communities in Corolla and offers exclusivity and an extra element of security. Additionally, it's is a prestigious neighborhood in Corolla and it is home to the Premier Reese Jones18 hole Championship Golf Course with gorgeous landscaping and lots of amenities such as: Fitness Center, Pro Shop, full service Grill, 5 community pools, 7 Tennis Courts, Basketball Courts, Volley Ball, Shuffleboard, Playground, Gated Community, lighted Pedestrian walkways & Bike paths, plus In-Season Shuttle to the 4th Top ranked Beach in the US, voted by Huffington Post. If you are looking for a a home with great rental income, in a quite gorgeous community and with short walk to the beach, then this is the home for you.

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    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2021-05-18T12:37:43.947.
    www.mattmyatt.com/homes/116715500
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    537 Magnolia Way , Lot#43 Corolla, NC 27927

    • Price: $534,500
    • Status: Pending
    • Updated: 58 min ago
    • MLS #: 114185
    4
    Beds
    3
    Baths
    1
    ½ Baths
    N/A
    Acres
    2,379
    SQFT
    $225
    $/SQFT
    1997
    Built
    Neighborhood:
    Tcc-Magnolia Bay
    County:
    Currituck
    Area:
    Corolla Westside
    Property Description
    This 4 bedroom (2 are masters) 3.5 bath home is located in the low maintenance community of Magnolia Bay within The Currituck Club. In an X Flood Zone (no flood insurance required) and just a short walk to the beautiful Corolla Beaches, the community pool and tennis courts. This one-owner RENTAL MACHINE currently has $51,126 for 2021 and generated $46,733 in rental income in 2020. Enjoy the light and airy reverse floor living with an open concept and functional layout. The top level features a great room with plenty of gathering spaces, a cathedral ceiling, gas fireplace, a spacious kitchen with ample counter space, eat-in bar, a brand new dishwasher, a large pantry, generous decks on the east and west side, a powder bath, and a master suite with a private bath. The east deck overlooks the private pool and common space that will never be obstructed. A perfect place to sip morning coffee or evening cocktails. The west deck is covered and is ideal for those rainy or hot summer afternoons. The enormous master bedroom has high ceilings, a private deck access, walk-in closet, and bath with double vanity, jet tub, separate shower, and water closet. The lower level includes a large two-story front entry, 3 bedrooms, one is a 2nd master suite with private deck access and a shared full bath, washer/dryer, and a 1 car garage that currently has a ping pong table perfect for rainy days, or game night after a family dinner. Recent improvements include; 2020: recent pool resurface, top level deck, pool fence, hot tub, and new HVAC for the upper level; 2018: HVAC for the lower level installed. 2021: some new outdoor furniture from Carolina Casuals 2021, new dishwasher 4/21. Magnolia Bay is located at the south end of the The Currituck Club, just a short walk or golf cart ride to the community beach access. Landscaping and yard maintenance are included in the Association Dues. So Just sit back, relax and enjoy your family, the beach and/or golf. If you would like to take the trolley to the beach during the in-season, the trolley stop is just steps from your home. The Currituck Club is one of the few gated communities in Corolla and offers exclusivity and an extra element of security. Additionally, it's is a prestigious neighborhood in Corolla and it is home to the Premier Reese Jones18 hole Championship Golf Course with gorgeous landscaping and lots of amenities such as: Fitness Center, Pro Shop, full service Grill, 5 community pools, 7 Tennis Courts, Basketball Courts, Volley Ball, Shuffleboard, Playground, Gated Community, lighted Pedestrian walkways & Bike paths, plus In-Season Shuttle to the 4th Top ranked Beach in the US, voted by Huffington Post. If you are looking for a a home with great rental income, in a quite gorgeous community and with short walk to the beach, then this is the home for you.
    Exterior Features

    Construction FrameWood Exterior Cement Fiber Board Extras Ceiling Fan(S)Hot TubSmoke Detector(S) Foundation PilingSlab Garage 1 CarAttached Lot Description Adj. To Common AreaCul-De-SacLevel Lot Faces W Parking Paved Pool Private PoolAssociation Pool Pool YN Yes Roads PavedPrivate Roof Asphalt/Fiber Shingle Style Reverse Floor PlanCoastal Waterfront Location None

    Interior Features

    Air Conditioning CentralHeat Pump Appliances DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher Counter Tops Laminate Floor Coverings CarpetCeramic Tile Furnishings Available YN Yes Heating CentralHeat Pump Interior Features All Window TreatmentsDryer ConnectionGas ConnectionGas FireplaceMaster Bath (Ensuite)PantryWasher Connection1St Flr Master (Ensuite)

    Property Features

    Association Amenities ClubhouseGated CommunityGolf CourseHealth ClubOcean AccessOutdoor-Comm. PoolOutdoor-Comm. TennisPlayground Association Fee Includes Grounds MaintenanceRoad Maintenance Association Fee YN Yes Bank Owned YN No Estimated Annual Fee 5720 Financing Options CashConventional Flood Zone X Insurance Expenses 3708 Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Sommertime Residential Type Single Family - Detached Sewer Septic Private Sewer Tax Year 2020 Taxes 2104.18 Water Municipal Zoning Res

    Listing courtesy of Heather Vandermyde of Coldwell Banker Seaside Realty - Kdh.


    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2021-05-18T12:37:43.947.
     
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