771 Cormorant Trail Unit Lot 49 Corolla, NC 27927
Corolla NeighborhoodEstimated payment $4,086/month
Highlights
- Community Beach Access
- Game Room
- Cul-De-Sac
- Fiberglass Pool
- Tennis Courts
- Wet Bar
About This Home
This Oceanside Corolla home is priced just under $700k, and offers exceptional value. With a new roof being installed this week, this just sweetens the deal! Located in the Ocean Sands community, this turn-key investment property comes fully furnished, and had over $60k booked in rental income for 2025. Ideal for vacationing families or groups, it delivers hassle-free returns from day one. In a prime Oceanside location, nestled in Section J, this five-bedroom, 4.5-bathroom beach house sits just a six-minute stroll from the beach. You’ll also find direct access to the community lake, tennis courts, nearby shopping, restaurants, seasonal activities, as well as a private cul-de-sac setting with natural vegetative buffer from the highway for peace and privacy. Spread across three levels, the thoughtful floorplan offers flexibility and comfort with four guest bedrooms and two jack-and-jill bathrooms on the mid-level, and the main bedroom with ensuite bath on the top level. The top level also provides open living, dining, and chef-ready kitchen area with access to both a screened-in porch and spacious top deck. The home offers resort-style amenities with every detail designed to delight guests and maximize revenue including a private heated pool and hot tub, expansive outdoor entertaining decks, and a large recreation room with pool table and wet bar. This home is currently rented through VRBO and Airbnb and is a proven performer. Don’t miss your chance to add this turnkey rental to your portfolio - schedule your showing today!
Listing Agent
Keller Williams - Outer Banks Brokerage Phone: 252-202-0499 License #247591 Listed on: 08/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,723
Year Built
- Built in 2003
Lot Details
- Cul-De-Sac
- Level Lot
- 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
- Game Room
- Utility Room
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 |
|---|---|---|---|---|
| 09/07/2025 09/07/25 | Pending | -- | -- | -- |
| 08/31/2025 08/31/25 | For Sale | $699,000 | -- | $293 / 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 |
Source: Outer Banks Association of REALTORS®
MLS Number: 130374
APN: 126A-000-0049-000J
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