469 Island Lead Rd Unit Lot 159 Corolla, NC 27927
Estimated payment $10,138/month
Highlights
- Community Beach Access
- In Ground Pool
- Coastal Architecture
- Ocean View
- Second Refrigerator
- Cathedral Ceiling
About This Home
Discover the ultimate coastal retreat in Corolla, just a short stroll to the beach in gorgeous Pine Island. This updated beach house offers breathtaking ocean views and a spacious private pool—perfect for your primary residence, a second home getaway, or a lucrative investment opportunity. Rental projections provided with numbers over $190,000.
Nestled on a generous lot on a serene cul-de-sac, this property is ideally located in the exclusive Pine Island community. Wake up to stunning sunrises and enjoy gentle ocean breezes from the expansive top-level deck (with new deck boards). The inviting pool area is perfect for sunbathing, while the relaxing hot tub provides the ideal spot for unwinding after a day at the beach.
Natural light pours in to the main top floor open living area that captures ocean views, complete with sliding doors that lead to a furnished oceanside deck. The well-equipped kitchen and dining spaces offer ample seating and functionality, making it a dream for entertaining. Another highlight of the top level is the luxurious king en suite, featuring a spa-like private bath for the ultimate relaxation. The owners have loved this property for many years and it shows. 2024/2025 improvements include: new roof, upper level decking, exterior siding on upper level, some new windows & doors, 3 new water heaters, updated outside shower (see more detailed list in docs).
On the mid-level, you'll discover two King ensuite bedrooms, a Queen ensuite bedroom, and a ensuite bedroom with two double beds that also has access to the deck! A cozier second living space serves as a delightful den, perfect for game nights or movie marathons.
The lower level welcomes you with a dry entry and a foyer that includes generous storage closets, ensuring both practicality and convenience. The expansive ground floor level includes a King ensuite bedroom, a Queen bedroom, and a fun-filled bedroom with two bunk bed sets with a shared bath. The rec room is also on this floor! Here you can challenge each other to a game of pool, relax on the couches, or catch the game on the television! There is also a kitchenette and a laundry room. Outside, you can find the home’s private swimming pool with ample pool deck space and lounge chairs, soothing hot tub, and plenty of space to soak up the outdoors or enjoy a game of volleyball! With numerous updates throughout, this property is a true winner for anyone seeking an ideal coastal lifestyle. This home is designed for relaxation and entertainment.
Listing Agent
Keller Williams - Outer Banks Brokerage Phone: 252-261-7881 License #See Brokers Notes Listed on: 10/22/2025
Co-Listing Agent
Keller Williams - Outer Banks Brokerage Phone: 252-261-7881 License #185795
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,539
Year Built
- Built in 1998
Lot Details
- Cul-De-Sac
- Property is zoned SFO
Parking
- Paved Parking
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Concrete Fiber Board Siding
Interior Spaces
- 4,386 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Game Room
- Ocean Views
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Municipal Utilities District Water
Community Details
Overview
- Pine Island Pud Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Community Playground
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,523 | $975,500 | $385,000 | $590,500 |
| 2023 | $7,523 | $975,500 | $385,000 | $590,500 |
| 2022 | $5,577 | $975,500 | $385,000 | $590,500 |
| 2021 | $5,562 | $904,700 | $350,000 | $554,700 |
| 2020 | $5,227 | $904,700 | $350,000 | $554,700 |
| 2019 | $5,212 | $904,700 | $350,000 | $554,700 |
| 2018 | $0 | $904,700 | $350,000 | $554,700 |
| 2017 | $4,739 | $904,700 | $350,000 | $554,700 |
| 2016 | $4,739 | $904,700 | $350,000 | $554,700 |
| 2015 | -- | $904,700 | $350,000 | $554,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $1,799,000 | -- | $410 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | $850,000 | -- |
Source: Outer Banks Association of REALTORS®
MLS Number: 130847
APN: 127C-000-0159-0000
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Information is deemed reliable but not guaranteed.
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