NOT LISTED FOR SALE

Estimated Value: $3,541,327 - $3,749,000

5 Beds
7 Baths
8,490 Sq Ft
$431/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2022

Last sale price $3,925,000 $462 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $21,530 / mo

147 Days on Market

Highlights

  • Private Dock
  • Views of a Sound
  • Pool
  • Kitty Hawk Elementary School Rated 9+
  • Home fronts a sound
  • Gated Community

About This Home

As of July 2022

Mill Point is one of the finest primary residential properties on the Outer Banks. The home sits high on a ridge overlooking its own harbor and offering uninterrupted panoramic views of the Currituck Sound. This is the only home on Gallop Harbor, and it boasts a boathouse with belfry and bronze bell, 430 feet of direct waterfront, a 30’ flagpole, mature shrubbery and inground heated swimming pool and spa, with waterfall and accent features. Situated on the northern tip of the Martin’s Point peninsula, this westward facing lot offers stunning water views from every room. Croft Hall Design and the owners meticulously designed every aspect of the property, and Sandmark Custom Homes transformed their dream plans into reality. From its classic architectural design with cupolas, decorative dentil molding, and copper accent flashing, to state-of-the-art modern conveniences, including an elevator, to provide step free access from the attached three car garage to both levels of the home. Whimsical touches like secret doors in bookcases, and a spiral staircase to provide a short cut to the master bedroom, plus more traditional features including coffered ceilings, custom cabinetry and an inlaid compass rose design in the walnut flooring, complete the look of high quality and exceptional craftsmanship. Energy efficient geothermal heating and cooling, LED lighting and impact glass windows and doors throughout are just some of the features that will attract the discerning buyer. Despite very light use since its completion, the residence and grounds have been meticulously maintained. For a complete list of features, specifications, and detailed floor plans, please contact your OBX Realtor. Pre-approval or proof of funds are required prior to viewing. Unique and special properties like this are rarely offered for sale on the Outer Banks. Here is a great opportunity to enjoy the best of the best in Outer Banks residential living!

Last Agent to Sell the Property

Jeff Scott

Scott Team Realty License #133929 Listed on: 11/03/2021

Co-Listed By

Sandra Martin

Scott Team Realty License #197949

Last Buyer's Agent

Sumit Gupta

SAGA Realty and Construction License #212627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,436

Year Built

  • Built in 2016

Lot Details

  • 1.1 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $81 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Harbor Views

Home Design

  • Coastal Architecture
  • Frame Construction
  • Wood Shingle Roof
  • Piling Construction

Interior Spaces

  • 8,490 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Library
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Heated Pool
  • Sun Deck
  • Private Dock
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, security
  • Seaside Management Association, Phone Number (252) 261-1200
  • Built by Sandmark Custom Homes
  • Martin's Point Subdivision
  • Rental Restrictions

Recreation

  • Community Playground

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,436

Year Built

Built in 2016

Lot Details

1.1 Acres

HOA Fees

$81 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Enter Martin's Point off of US 158. Drive north to the end of the peninsula. House on left on sound.
  • Extras: Ceiling Fan(s), Central Vacuum, Covered Decks, Elevator, Garage Door Opener, Handicap Friendly, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Sun Deck, Boat Dock, Dry Entry
  • Flood Zone: AE, X
  • Subdivision Name: Martin's Point
  • Headline: Rare & Unique Opportunity!
  • Heated Sq Ft: 8490
  • L V T Date: 11/03/2021
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Soundfront
  • Zoning: R
  • Deed Book Pg Number: 185
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C12366
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: 22 X 17, On Level: 2
  • Bedroom 2: 15 X 19, On Level: 2
  • Bedroom 3: 24 X 15, On Level: 2
  • Bedroom 4: 24 X 14, On Level: 2
  • Bedroom 5: 17 X 11, On Level: 1
  • Kitchen: 15 X 20, On Level: 1
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: 13 X 18, On Level: 1
  • Family Room: 23 X 21, On Level: 2
  • Living Room: 24 X 24, On Level: 1
  • Optional Room 2: 27 X 11, On Level: 1
  • Optional Room 3: 16 X 11, On Level: 1
  • Optional Rooms: Game Room, Library/Study, Office
  • Partial Bathrooms: 2
  • Optional Room 1: 23 X 14, On Level: 2

Exterior Features

  • Homebuilder: Sandmark Custom Homes
  • Construction: Frame, Wood
  • Covered Deck Size: 1000+ sf
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Heated, Private Pool
  • Roof: Wood Shingles
  • Sun Deck Size: 1000+ SF
  • View: Harbor, Sound

Garage/Parking

  • Garage: 3 + Car
  • Garage Sq Ft: 1536
  • Parking: Paved, Off Street

Utilities

  • Cooling: Zoned
  • Heating: Geo-Thermal, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security
  • Association Amenities: Boat Dock, Gated Community, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 975
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 48000
  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Faces: W
  • Lot Number: Lot 1
  • Estimated Lot Size: 1.10
  • Deed Book: 1951

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2021
  • Taxes: 15436

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2014
Sold by
Bought by
Current Estimated Value
$3,662,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
0.0438%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $181,500
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $3,925,000 -21.5% $462 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $4,999,900 -- $589 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $17,899 $4,564,900 $728,800 $3,836,100
2024 $16,121 $2,864,500 $448,900 $2,415,600
2023 $16,010 $2,864,500 $448,900 $2,415,600
2022 $15,723 $2,864,500 $448,900 $2,415,600
2021 $15,437 $2,864,500 $448,900 $2,415,600
2020 $15,397 $2,864,500 $448,900 $2,415,600
2019 $16,827 $2,692,700 $419,500 $2,273,200
2018 $16,827 $2,692,700 $419,500 $2,273,200
2017 $16,665 $2,692,700 $419,500 $2,273,200
2016 $6,352 $1,097,300 $419,500 $677,800
2014 $5,197 $897,700 $419,500 $478,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116689

Outer Banks Association of REALTORS®

APN: 027757501

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