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Off market
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  • $872,400

    1216 Coral Ln, Corolla, NC 27927

    5beds
    2,515sqft
    SingleFamily
    Built in 1985
    0.46 Acres Lot
    $872,400 Zestimate®
    $347/sqft
    $4,183 Estimated rent

    Home value

    $872,400

    $820,000 - $942,000

    $4,183/mo

    Zestimate® history
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    $4,183/mo

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    Rent Zestimate®

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    $4,982/mo

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    $4,982/mo

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    What's special

    Looking for an authentic Corolla beach property, with charm, elbow room, potential to grow, close to the beach? This is the one! This home has been lovingly maintained by its long time owners and offers the flexibility to become a sought after investment property in a thriving community or continue as a private residential beach home. With meticulous detail throughout, you will be impressed by its custom wood work, wood laminate floors, and spacious ground level. Enter your main entrance and enjoy two main level large en suite bedrooms. Continue the hallway to your half bath, spacious laundry room, and well appointed kitchen. Living area offers expansive cathedral ceilings, a gas-ready fireplace, wet bar, large windows overlooking your private wooded lot, and additional covered and open deck space and screened porch. Upstairs offers a relaxing loft library with a picturesque window view of the ocean. Additional bonus space has been added to upstairs area making it perfect for game room/media room, additional guest room, or office. Two additional bedrooms with large closets finish off the top level. Currently as workshop, storage and screened gameroom, the home's ground floor is enclosed in the x flood zone (no insurance required) and ready to be additional heated living space with just a little bit of work! The location of this beach home couldn't be finer: walk or bike to old town Corolla for shopping, dining or a tour of the light house. The nature trails of the NC Coastal Preserve are less than a mile down the bike path as well. With so much to offer and only steps to the beach access; you will not want to miss this unique opportunity! Rental projection included in associated docs. Plenty of room for a pool.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Gas Fireplace, Cathedral Ceiling(s), Master Bath, Pantry, Walk in Closet
    • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,515 sqft

    Property

    Features
    • Exterior features: Other
    • Has spa: Yes
    • On waterfront: Yes
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 114C00000050001

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • Frame
    • Foundation: Piling
    • Roof: Asphalt
    Condition
    • Year built: 1985

    Community & HOA

    HOA
    • Amenities included: Ocean Access
    • Services included: Walkways, Road Maintenance
    Location
    • Region: Corolla

    Financial & listing details

    • Price per square foot: $347/sqft
    • Tax assessed value: $504,200
    • Annual tax amount: $4,021

    Price history

    DateEventPrice
    8/18/2022Sold$716,000+79%$285/sqft
    Source: Public Record Report a problem
    10/25/2019Sold$400,000-4.4%$159/sqft
    Source: Public Record Report a problem
    9/20/2019Pending sale$418,600$166/sqft
    Source: Keller Williams - OBX #104284 Report a problem
    7/16/2019Price change$418,600-8%$166/sqft
    Source: Keller Williams Outer Banks #104284 Report a problem
    3/20/2019Listed for sale$455,000$181/sqft
    Source: Keller Williams - OBX #104284 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,021 +26.7%$504,200 +17.5%
    2023$3,175 +21%$429,100
    2022$2,624 +0.6%$429,100
    2021$2,609 -1.9%$429,100 -4.9%
    2020$2,660 $451,000 +0.8%
    2019$2,660 +0.7%$447,600
    2018$2,642 +10.2%$447,600
    2017$2,398 $447,600
    2016$2,398 $447,600
    2015$2,398 $447,600
    Find assessor info on the county website

    Neighborhood: 27927

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $872,400
    2% more
    +$17,448
    With Zillow Showcase(estimated)
    $889,848