NOT LISTED FOR SALE

850 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,190,000 - $1,241,757

5 Beds
4.5 Baths
2,740 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $950,000 $347 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,031/month

4 Days on Market

Highlights

  • Ocean Front
  • Rooftop Deck
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Furnished

About This Home

As of May 2021

Corolla Cabana offers plenty of space to relax and enjoy the ocean views. All 5 bedrooms - including the 3 master suites - face the ocean at this perfect semi-oceanfront location. The crow's nest is a great place to enjoy a sunrise cup of coffee or a sunset happy hour. Lounge by the private pool, relax in the hot tub or enjoy the ocean views from the decks and screened porch. The top-floor game room offers a comfortable space to take a break from the sun. Beach access is almost across the street from this meticulously maintained Whalehead home. The long-time owners have always done a wonderful job keeping this home updated. The kitchen appliances were just replaced along with a new hot water heater. The bathrooms were all remodeled last year. There is a full list of updates and renovations in the associated docs. Centrally located in Corolla, this home is a must-see.

Last Agent to Sell the Property

Mark Pearson

Real Broker, LLC License #224976 Listed on: 04/01/2021

Real Broker, LLC

Last Buyer's Agent

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Rooftop Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,684

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Head west on Dolphin Street. Turn left on Lighthouse Drive. Proceed .3 miles to 850 Lighthouse - 2nd driveway on the left north of the Marlin beach access.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Headline: Semi-Oceanfront in Whalehead
  • Heated Sq Ft: 2740
  • L V T Date: 04/01/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2020: 77690
  • Advertised Income 2021: 76195
  • Deed Book Pg Number: 423
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile, Plank
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Description: Level
  • Lot Number: Lot 14
  • Estimated Lot Size: 0.46
  • Deed Book: 1402

Rental Info

  • Est Annual Rental Income: 85000
  • Estimated Rental Performance: 0.0895
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Corolla Cabana
  • Rental Cottage Number: WH288
  • Rental Phone Number: 252-453-9650
  • Rental Turnover Day: Saturday
  • Rental Contact Email: obxrentals@villagerealty.com
  • Rental Contact Name: Alyssa McDonald/Tirzah Hansen
  • Rental Contact Phone: 252-453-9650

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 4683.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2025
Sold by
Barnes Christopher D and Barnes Amy N
Bought by
Nadeem Rahman Obx Llc
Current Estimated Value
$1,213,939

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 15, 2021
Sold by
Marcus Bertram H and Bertram J Marcus Revocable Tru
Bought by
Barnes Christopher D and Barnes Amy
Seller's Agent
Mark Pearson
Real Broker, LLC
Buyer's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
List Price
$939,900
Sold Price
$950,000
Premium/Discount to List
$10,100
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$750,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Marcus Bertram J
Bought by
Marcus Bertram J and Bertram J Marcus Revocable Trust

Purchase Details

Closed on
Jul 3, 2002
Bought by
Marcus Bretram J and Giddes Sharon I Etvir Keith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nadeem Rahman Obx Llc $1,320,500 None Listed On Document
Barnes Christopher D $950,000 None Available
Marcus Bertram J -- Attorney
Marcus Bretram J $629,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnes Christopher D $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $950,000 +1.1% $347 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $939,900 -- $343 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

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
2025 $8,047 $902,900 $400,000 $502,900
2024 $8,047 $697,000 $400,000 $297,000
2023 $6,269 $697,000 $400,000 $297,000
2022 $5,305 $697,000 $400,000 $297,000
2021 $5,290 $610,600 $330,000 $280,600
2020 $4,684 $610,600 $330,000 $280,600
2019 $4,674 $610,600 $330,000 $280,600
2018 $4,674 $610,600 $330,000 $280,600
2017 $4,351 $610,600 $330,000 $280,600
2016 $4,382 $610,600 $330,000 $280,600
2015 $4,373 $610,600 $330,000 $280,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113639

Outer Banks Association of REALTORS®

APN: 115A-000-0014-0012