
771 Cormorant Trail Unit Lot 49 Corolla, NC 27927
Corolla NeighborhoodEstimated payment $4,259/month
Highlights
- Community Beach Access
- Tennis Courts
- Ceramic Tile Flooring
- Fiberglass Pool
- Wet Bar
- Central Heating and Cooling System
About This Home
This Ocean Sands, Corolla, NC stunner has $55k rental income booked already for 2025! And with all the bells and whistles, makes it a TURN-KEY investment property to add to your portfolio for 2025. It’s well-appointed, with 5 bedrooms and 4.5 baths, and is conveniently located OCEANSIDE (Section J), CLOSE TO THE BEACH, community lake, shopping, restaurants, fun activities; just perfect for a vacationing family or friend group! The home offers a GREAT LAYOUT, with four bedrooms on the mid-level, sharing two full jack and jill baths, and the main bedroom is located on the top level, with its own ensuite bath. The top level also offers lots of room to hang out with an OPEN LIVING AREA, dining, and kitchen area, and offers access to the outside top deck and screened-in porch. The home sits on a PRIVATE cul-de-sac that backs onto vegetation, with very little traffic noise to be heard. Guests always enjoy the PRIVATE POOL & HOT TUB, spacious outdoor decks, large RECREATION ROOM, complete with a pool table and wet bar. Only a quick 6 minute WALK TO THE BEACH, and the Ocean Sands community offers use of their community tennis courts. Currently the home is rented through VRBO and AIRBNB, and has over $60k on the books already for 2024. What are you waiting for! This is YOUR SIGN to BUY the BEACH HOUSE!!
Listing Agent
Keller Williams - Outer Banks Brokerage Phone: 252-202-0499 License #247591

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,374
Year Built
- Built in 2003
Lot Details
- Property is zoned SFO
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Wood Siding
- Vinyl Siding
- Piling Construction
Interior Spaces
- 2,388 Sq Ft Home
- Wet Bar
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Pool
- Fiberglass Pool
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Shared Septic
Community Details
Overview
- Association fees include tennis courts, walkways
- Ocean Sands Subdivision
Recreation
- Community Beach Access
- Tennis Courts
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 | $4,704 | $393,000 | $75,000 | $318,000 |
2023 | $4,704 | $393,000 | $75,000 | $318,000 |
2022 | $3,457 | $393,000 | $75,000 | $318,000 |
2021 | $3,046 | $353,500 | $95,000 | $258,500 |
2020 | $2,728 | $353,500 | $95,000 | $258,500 |
2019 | $2,728 | $353,500 | $95,000 | $258,500 |
2018 | $2,759 | $353,500 | $95,000 | $258,500 |
2017 | $2,573 | $353,500 | $95,000 | $258,500 |
2016 | $2,325 | $353,500 | $95,000 | $258,500 |
2015 | $2,139 | $353,500 | $95,000 | $258,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/13/2025 05/13/25 | For Sale | $699,000 | 0.0% | $293 / Sq Ft |
04/07/2025 04/07/25 | Off Market | $699,000 | -- | -- |
12/20/2024 12/20/24 | Price Changed | $699,000 | -3.6% | $293 / Sq Ft |
12/01/2024 12/01/24 | Price Changed | $725,000 | -1.3% | $304 / Sq Ft |
10/17/2024 10/17/24 | Price Changed | $734,500 | -1.4% | $308 / Sq Ft |
08/31/2024 08/31/24 | For Sale | $745,000 | -- | $312 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $509,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $520,000 | Adjustable Rate Mortgage/ARM |
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Source: Outer Banks Association of REALTORS®
MLS Number: 126819

APN: 126A-000-0049-000J
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