$1,900,000
$100K PRICE DROP

611 Tern Arch Unit Lot 45 Corolla, NC 27927

Corolla Neighborhood

Estimated payment $11,413/month

Total Views 8,345
8 Beds
9 Baths
4,353 Sq Ft
$436 Price per Sq Ft

Highlights

  • Ocean View
  • Second Refrigerator
  • Tennis Courts
  • Outdoor Pool
  • Wood Flooring
  • Wet Bar

About This Home

Welcome to "Beach Happy," an 8-bedroom, updated, amenity-filled home with amazing ocean views. This home has been meticulously maintained over the years and has been a great rental income producer, with over $165,000 on the books for 2025. Custom built by Olin Finch and just steps from the beach. The layout of this home is conducive to large groups and has multiple gathering areas for everyone to enjoy. Set up as a reverse floor plan, the top level has an open feel with a ton of natural light. With bamboo flooring throughout the top floor, you will find the great room, two ensuite bedrooms, a kitchen, a dining area, and a loft with a game table. The kitchen comes equipped with stainless steel appliances and boasts two extra full-size refrigerators and two dishwashers along with granite countertops. Off of the dining area, there is a screened-in porch updated in 2024 with Screeneze technology. The middle floor has four bedrooms, all of which are ensuite, along with a den and laundry area. The ground level features the two remaining bedrooms, along with a theater room and a rec room that includes a wet bar and a full-size refrigerator. The rec room flows seamlessly into the pool area, which has a private feel with it backing up to the wooded open space. All the decks, railings and stairs have recently been replaced in 2024. While this house is listed as “third row,” it is closer to the beach than a lot of semi-oceanfronts, and you don’t have to cross over a busy road to get to the beach access, just cross the couldesac to the beach entry! Act quick, and you can walk into a season of full rental income. Schedule your showing today!

Listing Agent

Matt Preston

Twiddy and Company - Corolla Brokerage Phone: 252-207-6143 License #288634 Listed on: 04/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,948

Year Built

  • Built in 2006

Home Design

  • Reverse Style Home
  • Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 4,353 Sq Ft Home
  • Wet Bar
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Shared Septic

Additional Features

  • Outdoor Pool
  • Property is zoned SFO

Community Details

Overview

  • Association fees include management
  • Built by Olin Finch
  • Ocean Sands Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,948

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Headline: Updated & Ocean Views!
  • Section: H
  • Zoning: SFO
  • View Type:Pond View: Ocean
  • Attribution Contact: C: 252-207-6143
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: Ocean Sands
  • Architectural Style: Reverse Floor Plan
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Interior Amenities: Wet Bar
  • Full Bathrooms: 9
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile, Wood, Laminate

Exterior Features

  • Pool: Yes
  • Roof: Asphalt, Wood
  • Pool Features: Private
  • Waterfront Features: 2 - lots from oceanfront (3rd row
  • Builder Name: Olin Finch
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Piling
  • Exterior: Lap Siding,Cement Fiber Board

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Shared Septic
  • Water Source: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Outdoor-Comm. Tennis

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9948.25
  • Tax Block: N/A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,948 $854,500 $280,000 $574,500
2023 $9,948 $854,500 $280,000 $574,500
2022 $7,197 $854,500 $280,000 $574,500
2021 $6,277 $669,800 $225,000 $444,800
2020 $5,060 $669,800 $225,000 $444,800
2019 $5,045 $669,800 $225,000 $444,800
2018 $5,114 $669,800 $225,000 $444,800
2017 $4,763 $669,800 $225,000 $444,800
2016 $4,277 $669,800 $225,000 $444,800
2015 $3,918 $669,800 $225,000 $444,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $1,900,000 0.0% $436 / Sq Ft
05/08/2025 05/08/25 For Sale $1,900,000 -5.0% $436 / Sq Ft
05/06/2025 05/06/25 Off Market $1,999,999 -- --
05/01/2025 05/01/25 For Sale $1,999,999 0.0% $459 / Sq Ft
04/28/2025 04/28/25 Off Market $1,999,999 -- --
04/07/2025 04/07/25 For Sale $1,999,999 0.0% $459 / Sq Ft
04/07/2025 04/07/25 Off Market $1,999,999 -- --
04/03/2025 04/03/25 For Sale $1,999,999 -- $459 / Sq Ft
Source: Outer Banks Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,250,000 None Available
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,500 New Conventional
Closed $999,920 Purchase Money Mortgage
Previous Owner $1,072,500 New Conventional
Source: Public Records

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Source: Outer Banks Association of REALTORS®

MLS Number: 128833

Outer Banks Association of REALTORS®

APN: 126A-000-0045-000H