NOT LISTED FOR SALE

862 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,399,000 - $1,760,000

5 Beds
7 Baths
3,833 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $1,400,000 $365 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,491/month

270 Days on Market

Highlights

  • Ocean Front
  • Coastal Architecture
  • Cathedral Ceiling
  • Concrete Pool
  • Marble Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2023

Don't miss this remarkable Semi-Oceanfront property in the coveted Whalehead Club subdivision. This well appointed 5 bedroom, 5 and 2 half bath home with elevator offers almost every level of comfort available in it's time with multiple areas to entertain. The reverse floor plan offers copious views of the ocean with its many windows and doors. Tongue and groove Juniper line the vaulted ceiling in the Living Room and the open floor plan reveals large dining area and island offering seating for 12. Top level hardwood floor runs throughout and a fully stocked gourmet kitchen has U-Line Beverage center, 6 Burner JennAir gas cooktop, JennAir warming drawer, JennAir double oven, Sharp Microwave Drawer, Maytag French door refrigerator with dispenser, Asko Dishwasher, Fisher Paykel dishwasher drawer and under counter water filtration. Under counter lighting, pullout storage and wine rack accentuate the custom full overlay cabinets. In addition, there is a surplus of storage under the two islands and large walk-in pantry. The 2 kitchen sinks feature pull-out faucets, soap dispensers, garbage disposal and lots of prep surface area on the granite counters! Enjoy an after dinner soak in the hot tub on the NE deck adjacent to living room and en-suite bedroom. Moving down a level to the Middle, you will find the Foyer, Sitting room and 3 En-Suite Bedrooms. Take a step up to the door leading to the sundeck facing west for spectacular sunset colors and full view of backyard and pool. The Ground level offers a custom tile floor throughout with En-suite bedroom, kitchenette/wet bar, half bath, laundry room with built-in cabinets and LG Front load Washer/Dryer Combo. Sunroom has convenient entrance to private pool and gazebo. All levels have Elevator access, Central vacuum with toe kick vents, Living room/flex areas, walk in storage rooms on westside and reading niches on landings between floors. The home is wrapped in decks facing East, both open and covered to capture the sunrise over Atlantic Ocean. Two large sheds under decks store tools and pool equipment. Although historically used as primary home, the home has wonderful rental projections. With public beach access to North and South, close proximity to Timbuck II shopping center, grocery stores and Currituck Beach Lighthouse, this would be the perfect vacation or second home getaway! Schedule your showing today and make this your home for the holidays!

Last Agent to Sell the Property

Ashley Contristan

Keller Williams - Outer Banks License #279611 Listed on: 09/06/2022

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,210

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned RO1

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,833 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Sun or Florida Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Filtration System
  • Municipal Utilities District Water
  • Water Softener
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Voluntary Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,210

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Travel North on NC-12 in Corolla, turn right onto Dolphin St. At oceanfront, turn left onto Lighthouse Drive. House will be on left.
  • Extras: Ceiling Fan(s), Central Vacuum, Covered Decks, Elevator, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Smoke Detector(s), Storage Shed, Sun Deck, Water Filter, Water Softener, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club/115A
  • Headline: Classic Whalehead Club w/Pool!
  • Heated Sq Ft: 3833
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RO1
  • Deed Book Pg Number: 81
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, Wine Cooler
  • Bedrooms: 5
  • Bedroom 1: 10'x12', On Level: Ground
  • Bedroom 2: 8'x5', On Level: 2
  • Bedroom 3: 11'6x11'6, On Level: 2
  • Bedroom 4: 9'x13', On Level: 2
  • Bedroom 5: 9'x13', On Level: 3
  • Kitchen: 14'x15', On Level: 3
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Marble, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Dining Room: 10'x21', On Level: 3
  • Family Room: 21'x12, On Level: Ground
  • Living Room: 18'x25', On Level: 3
  • Optional Rooms: Foyer, Pantry, Sun/Florida Room
  • Partial Bathrooms: 2
  • Optional Room 1: 11'x13', On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 24'x8'
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Vinyl, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: 24'x8'
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Hoa Contact: Voluntary
  • HOA Contact: wpoa.org
  • Home Owner Dwelling Insurance: 1262

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 20
  • Estimated Lot Size: 0.46
  • Deed Book: 253

Rental Info

  • Est Annual Rental Income: 187515
  • Estimated Rental Performance: 0.1339
  • Poolspa Expense: 1000
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 4800
  • Annual Water Expense: 960

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2022
  • Taxes: 7210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Miller Mark W and Miller Michelle M
Bought by
Shire Properties Llc
Current Estimated Value
$1,641,836

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jun 19, 2023
Sold by
Dyer Randolph H and Dyer Margaret M
Bought by
Miller Mark W and Miller Michelle M
Seller's Agent
Ashley Contristan
Keller Williams - Outer Banks
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,050,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 1988
Bought by
Dyer Randolph H and Dyer Margaret M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shire Properties Llc -- None Listed On Document
Miller Mark W $8,400,000 None Listed On Document
Dyer Randolph H $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Mark W $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $1,400,000 -3.4% $365 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,450,000 0.0% $378 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $1,450,000 -6.5% $378 / Sq Ft
04/02/2023 04/02/23 Price Changed $1,550,000 -4.6% $404 / Sq Ft
03/24/2023 03/24/23 Price Changed $1,625,000 -1.5% $424 / Sq Ft
11/26/2022 11/26/22 Price Changed $1,650,000 -2.9% $430 / Sq Ft
09/06/2022 09/06/22 For Sale $1,699,000 -- $443 / 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 $10,652 $1,207,400 $400,000 $807,400
2024 $8,808 $993,700 $400,000 $593,700
2023 $7,732 $993,700 $400,000 $593,700
2022 $7,211 $990,000 $400,000 $590,000
2021 $7,196 $875,100 $330,000 $545,100
2020 $6,442 $875,100 $330,000 $545,100
2019 $6,442 $875,100 $330,000 $545,100
2018 $6,442 $875,100 $330,000 $545,100
2017 $5,985 $883,500 $330,000 $553,500
2016 $6,084 $883,500 $330,000 $553,500
2015 $6,084 $883,500 $330,000 $553,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120264

Outer Banks Association of REALTORS®

APN: 115A-000-0020-0012