Residential

771 Cormorant Trail Lot 49, Corolla

$699,000.00
Bedroom 5 bedrooms
Full Bathroom 4 full baths
Half Baths 1 half baths
Total Baths 5 total baths
  • Listing ID #: 126819
  • Status: Active
  • Address: 771 Cormorant Trail Lot 49, Corolla, NC 27927
  • Date Listed: 8/31/2024
  • Days on Market: 242
  • SQFT: 2388
  • Stipulations: No
  • Subdivision: Ocean Sands
Location Location
Agent Comments Agent Comments
This Ocean Sands, Corolla, NC stunner does well over $50k in rental income annually, and already has $35k on the books 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!!
Amenities Amenities
  • Dishwasher
  • Dryer
  • Range/Oven
  • Refrigerator
  • Washer
Additional Features Additional Features
  • Association Amenities: Ocean Access,Outdoor-Comm. Tennis
  • Association Fee Includes: Tennis Courts,Walkways
  • Construction Materials: Wood
  • County: Currituck
  • Days on Market: 242
  • Exterior: Vinyl
  • Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Sun Deck,Dry Entry
  • Flood Zone: X
  • Pool: Yes
  • Pool Type: Private
  • Pool Features: Fiberglass,Private Pool
  • Primary Residence: No
  • Property Sub Type: Single Family - Detached
  • Sale or Rent: S
  • Sewer: Community Septic
  • Waterfront Features: More than 5th row
  • Water/Sewer: Municipal
  • Year Built: 2003
Financial Financial
  • Annual Tax Amount: 4374
  • Asking Price Per Sq Ft: 292.71
  • Bank/Institution Owned: No
  • Buyer Financing: Cash,Conventional
  • Estimated Annual Fee Amount: 935
  • Estimated Annual Rental Income Amount: 88000
  • Lease Terms: Variable
  • Original Price: 745000
  • Ownership: Owned More than 12 Months
  • Possession: At Closing
  • Price Update Date: 2025-03-31T21:22:40.7+00:00
  • Short Sale: No
  • Tax Year: 2023
Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Counter Tops: Laminate
  • Floors: Carpet, Ceramic Tile, Wood Laminate
  • Furnishings Available: Yes
  • Heat System: Central, Heat Pump
  • Interior: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Room Type: Game Room, Utility Room
Exterior Features Exterior Features
  • Architectural Style: Reverse Floor Plan
  • Exterior: Vinyl
  • Foundation details: Piling
  • Fuel Tanks: Leased
  • Garage Type: Carport
  • Lot Features: Cul-de-sac,Level
  • Parking: Paved
  • Pool: Fiberglass, Private Pool
  • Road Surface Type: Paved
  • Roof: Asphalt/Fiber Shingle
  • Water Source: Municipal
  • Waterfront Feature: More than 5th row
Location Location
  • Directions: From Hwy 12 turn right onto Seabird Way than left on Cormorant Trail. House is located at the end to the right of the cul de sac.
  • Flood Zone: X
  • Street Number: 771
  • MLS Area Minor: Corolla Oceanside

Listed by: Natalie from Keller Williams - Outer Banks.

Outer Banks Association of Realtors

     © 2025 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Village Realty Holdings, LLC DBA Ocracoke Island Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Copyright © 2025 • Ocracoke Island Realty

All Rights Reserved.