NOT LISTED FOR SALE

463 Pipsis Point Rd Corolla, NC 27927

Corolla Area

Estimated Value: $2,810,000 - $3,655,013

10 Beds
9.5 Baths
5,023 Sq Ft
$647/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2018

Last sale price $2,290,000 $456 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $19,418 / mo

39 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Home Theater
  • Knotts Island Elementary School Rated 9+
  • Ocean View
  • Concrete Pool

About This Home

As of June 2018

Upgraded completely and priced correctly...welcome to Breakwater! This home achieved $257,080 in rent in 2017 and has $252,500 confirmed for 2018 as of March 15. The prestigious northern Pine Island location with ninety feet of ocean frontage has outstanding dune protection. This home sparkles from top to bottom! Bathrooms, flooring, theater, elevator...its all done! Prime weekly rate for 2018: $18,450.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 03/15/2018

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,324

Year Built

  • Built in 1993

Lot Details

  • Beach Front
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,023 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Home Theater
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Outdoor Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Sewer

Additional Features

  • Handicap Accessible
  • Sun Deck

Listing and Financial Details

  • Tax Lot 22

Community Details

Overview

  • Association fees include common electric, common insurance, road maintenance, tennis courts, walkways
  • Pine Island Pud Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,324

Year Built

Built in 1993

Lot Details

0.69 Acres

HOA Fees

$255 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From 12 in Corolla, turn on Black Pine, left on North Cove and then home is slightly too right on Pipsi.
  • Extras: Elevator, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry
  • Headline: Outstanding Condition!
  • Heated Sq Ft: 5023
  • L V T Date: 03/15/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 613
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection, Ensuite
  • Optional Rooms: Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 3062

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 22
  • Deed Book: 878

Rental Info

  • Est Annual Rental Income: 257080
  • Estimated Rental Performance: 0.1123
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Breakwater
  • Rental Cottage Number: E 022
  • Rental Phone Number: 252-457-1169
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 457-1100

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2017
  • Taxes: 9324

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
Dec 29, 2025
Sold by
Bought by
Current Estimated Value
$3,248,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,988,443
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$1,260,060

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 8, 2018
Sold by
Bought by
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$2,375,000
Sold Price
$2,290,000
Premium/Discount to List
-$85,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,030,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Steven Gross Real Estate Agent - Twiddy and Company - Corolla

    Steven Gross

    Twiddy and Company - Corolla

    (252) 689-7140

    45 Total Sales

    21 in Corolla

    $99K - $1.2M Price Range

    Steven Gross
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  • Winston Hawkins Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Winston Hawkins

    Brindley Beach Vacations & Sales - Cor

    (252) 336-9986

    42 Total Sales

    6 in Corolla

    $452K - $1.4M Price Range

    Winston Hawkins
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,060 Total Sales

    31 in Corolla

    $128K - $6.3M Price Range

    Trisha Midgett
     Section Image
  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    59 Total Sales

    8 in Corolla

    $713K - $1.1M Price Range

    Melissa Morgan
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    19 Total Sales

    10 in Corolla

    $340K - $4.5M Price Range

    Ashley Ladd
     Section Image
  • Lynn Bulman Real Estate Agent - Howard Hanna Outer Banks Realty

    Lynn Bulman

    Howard Hanna Outer Banks Realty

    (252) 404-8028

    284 Total Sales

    5 in Corolla

    $105K - $870K Price Range

    Lynn Bulman
     Section Image
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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
-- None Listed On Document
$2,290,000 None Available
$2,650,000 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
Open $2,000,000
Previous Owner $9,100,000
Previous Owner $1,030,500
Previous Owner $1,837,500
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
06/08/2018 06/08/18 Sold $2,290,000 -3.6% $456 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $2,375,000 -- $473 / 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 $16,120 $2,198,600 $1,557,600 $641,000
2024 $16,120 $2,198,600 $1,557,600 $641,000
2023 $16,104 $2,173,900 $1,557,600 $616,300
2022 $11,696 $2,173,900 $1,557,600 $616,300
2021 $11,681 $1,920,900 $1,338,600 $582,300
2020 $10,662 $1,920,900 $1,338,600 $582,300
2019 $10,605 $1,920,900 $1,338,600 $582,300
2018 $10,605 $1,920,900 $1,338,600 $582,300
2017 $9,624 $1,920,900 $1,338,600 $582,300
2016 $9,624 $1,920,900 $1,338,600 $582,300
2015 -- $1,899,500 $1,338,600 $560,900
Source: Public Records

Agents Affiliated with this Home

  • Gray Berryman Real Estate Agent - Carolina Designs Realty

    Seller's Agent in 2018

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    148 Total Sales

    Gray Berryman
    Section Image
  • Martha Springer Real Estate Agent - Twiddy and Company - Corolla

    Buyer's Agent in 2018

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    92 Total Sales

    Martha Springer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99676

Outer Banks Association of REALTORS®

APN: 127C-000-0022-0000

North Carolina Currituck County Corolla 27927

463 Pipsis Point Rd, Corolla, NC

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.

Outer Banks Association of REALTORS® 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.

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