Seller's Agent in 2022
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
138 in this area
356 Total Sales
1061 Lighthouse Dr Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $2,775,000 - $4,970,000
9
Beds
11
Baths
4,896
Sq Ft
$857/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- Second Refrigerator
- Ocean View
- Cabana
- Coastal Architecture
About This Home
As of March 2022NEW WOOD FLOORS BEING INSTALLED IN BEDROOMS IN OFF SEASON 2021 AND ALL OTHER FLOORS ARE BEING REFINISHED. This luxurious oceanfront home was built by Mancuso Development in 2015 and has all the amenities, coupled with an impressive rental history, generating approximately $320K in rental income in 2021 only renting in the peak season. Situated on an elevated lot with 100 feet of oceanfront, you can enjoy panoramic ocean views of the wide, beautiful beaches of Corolla. Situated in an X Flood zone, so no flood insurance required! Professionally designed and tastefully furnished with high end custom touches. The top level boasts a spacious chef's kitchen with large center island, double ovens, two dishwashers, and two refrigerators and granite counters. The dining room looks out over the ocean with a beautiful handmade table that seats 18. The spacious and open living area is situated around a double sided fireplace, with multiple sitting areas and large windows for taking in the view. Also on the top level is the main master suite with a private covered deck. The mid-level includes seven large bedrooms, 5 of which are masters with their own private en suite bath, and all seven have direct deck access. The lower level boasts a theatre room, game room with pool table and kitchenette and bar area, and kids room with built in bunks, and of course an elevator that takes you to all levels of the home. Perhaps the best features of the home are found outdoors, which was thoughtfully designed to enjoy this piece of coastal paradise. Enjoy the oversized heated salt water pool with large sun shelf perfect for sunbathing, two hot tubs, a tranquil waterfall, a poolside cabana with outdoor TV, and a large grilling area with plenty of seating. The elevated private walkway to the beach ends at a large dune deck perfect for enjoying sunrises and sunsets. Truly a stunning home and great investment!
Last Agent to Sell the Property
Four Seasons Realty License #177785 Listed on: 07/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,219
Year Built
- Built in 2015
Lot Details
- Beach Front
- Landscaped
- Level Lot
Home Design
- Coastal Architecture
- Reverse Style Home
- Asphalt Shingled Roof
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 4,896 Sq Ft Home
- Elevator
- Furnished
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Home Theater
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Wine Cooler
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- Cabana
- Concrete Pool
- Heated In Ground Pool
- Outdoor Pool
- Saltwater Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
- Septic System
Listing and Financial Details
- Tax Lot 8
Community Details
Overview
- Whalehead Poa
- Built by MANCUSO DEVELOPMENT
- Whalehead Club Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Mar 7, 2022
Sold by
Mainardi and Marianne
Bought by
Mainsail Manor Llc
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$4,100,000
Sold Price
$3,850,000
Premium/Discount to List
-$250,000
-6.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,929
Avg. Annual Appreciation
2.45%
Purchase Details
Listed on
May 6, 2014
Closed on
Jun 4, 2014
Sold by
Hollowell Frank L and Hollowell Brent T
Bought by
Mainardi Stephen and Mainardi Marianne
Seller's Agent
Richard Neher
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,185,000
Sold Price
$1,025,000
Premium/Discount to List
-$160,000
-13.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%
Original Mortgage
$615,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 3, 2005
Sold by
Hollowell Frank L and Hollowell Ruth T
Bought by
Hollowell Frank L and Hollowell Ruth T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mainsail Manor Llc | $23,100,000 | Evans & Meads Pllc | |
| Mainardi Stephen | $1,025,000 | None Available | |
| Hollowell Frank L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mainardi Marianne | $1,675,000 | |
| Previous Owner | Mainardi Stephen P | $1,648,000 | |
| Previous Owner | Mainardi Stephen | $615,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $3,850,000 | -3.7% | $786 / Sq Ft |
| 01/16/2022 01/16/22 | Pending | -- | -- | -- |
| 10/04/2021 10/04/21 | Price Changed | $3,999,000 | -2.5% | $817 / Sq Ft |
| 07/23/2021 07/23/21 | For Sale | $4,100,000 | +300.0% | $837 / Sq Ft |
| 06/12/2014 06/12/14 | Sold | $1,025,000 | -13.5% | $402 / Sq Ft |
| 05/06/2014 05/06/14 | For Sale | $1,185,000 | -- | $465 / Sq Ft |
| 04/21/2014 04/21/14 | Pending | -- | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,330 | $2,022,700 | $1,094,800 | $927,900 |
| 2023 | $17,330 | $2,022,700 | $1,094,800 | $927,900 |
| 2022 | $14,620 | $2,022,700 | $1,094,800 | $927,900 |
| 2021 | $14,605 | $1,649,900 | $833,000 | $816,900 |
| 2020 | $12,219 | $1,649,900 | $833,000 | $816,900 |
| 2019 | $12,190 | $1,649,900 | $833,000 | $816,900 |
| 2018 | $12,190 | $1,649,900 | $833,000 | $816,900 |
| 2017 | $11,351 | $1,658,700 | $833,000 | $825,700 |
| 2016 | $10,985 | $1,585,200 | $833,000 | $752,200 |
| 2015 | $7,496 | $1,091,900 | $833,000 | $258,900 |
Source: Public Records
Agents Affiliated with this Home
-
Four Seasons Realty
-
Robert Konstanzer
Seller Co-Listing Agent in 2022
Robert Konstanzer
Four Seasons Realty
(252) 207-8611
31 in this area
98 Total Sales
-
R
Seller's Agent in 2014
Richard Neher
Brindley Beach Vacations & Sales-Duck
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 115364
APN: 115A-000-0008-0004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 not guaranteed.
Nearby Homes
- 1061 Lighthouse Dr Unit Lot 8
- 1073 Lighthouse Dr Unit Lot 2
- 1055 Corolla Dr Unit 56
- 1072 Whalehead Dr Unit Lot 35
- 1058 Corolla Dr Unit 65
- 1079 Whalehead Dr Unit Lot 31
- 1079 Whalehead Dr
- 1037 Whalehead Dr
- 1037 Whalehead Dr Unit Lot 31
- 1057D Mirage St Unit Lot 411
- 1057 Mirage St Unit 412
- 1032 Lighthouse Dr Unit Lot 18
- 1056 Beacon Hill Dr Unit 15
- 1035 Corolla Dr Unit 56
- 1035 Miller Ct Unit Lot 524
- 1093 Lighthouse Dr Unit Lot 4
- 1037 Hampton St Unit 538
- 1085 Corolla Dr Unit Lot 52
- 1039 Miller Ct Unit Lot 526
- 1066 Beacon Hill Dr Unit 10
- 1059 Lighthouse Dr
- 1063 Lighthouse Dr
- 1065 Lighthouse Dr
- 1056 Lighthouse Dr Unit 18
- 1056 Lighthouse Dr
- 1057 Lighthouse Dr
- 1058 Lighthouse Dr
- 1060 Lighthouse Dr
- 1054 Lighthouse Dr
- 1067 Lighthouse Dr
- 1062 Lighthouse Dr Unit 21
- 1062 Lighthouse Dr
- 1055 Lighthouse Dr Unit 11
- 1052 Lighthouse Dr Unit Lot 16
- 1052 Lighthouse Dr
- 1064 Lighthouse Dr
- 1053 Lighthouse Dr
- 1069 Lighthouse Dr
- 1057 Whalehead Dr
- 1061 Whalehead Dr