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Lot/land
  • $399,900

    1508 Catesbys Run Lot 5, Corolla, NC 27927

    --beds
    --baths
    --sqft
    Residential, Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional waterfront parcelsImpressive natural elevation
    Opportunities of this magnitude are standard-defining and incredibly rare. Welcome to one of the most exceptional waterfront parcels available in the legendary Corolla 4x4 area. Spanning over 3 pristine acres within a private 5-lot subdivision, this expansive property offers the ultimate canvas for a world-class coastal estate. Positioned on the southern end of the 4x4 beaches, you are just a short, adventurous drive from the pavement, yet a world away from the everyday hustle. Bordered to the east by dedicated subdivision open space and to the west by over 200 feet of waterfront, privacy here is absolute. This unique parcel boasts impressive natural elevation, with the homesite situated mostly in the coveted X flood zone—a massive financial and structural advantage for building on the Outer Banks. Positioned perfectly between the elements, a future multi-story dream home is poised to capture the absolute best of both worlds, offering potential sunrises over the Atlantic Ocean to the east and breathtaking, unobstructed sunset views over the marsh islands and the Currituck Sound to the west. For the water enthusiast, this property is unmatched. With over 200 linear feet of frontage on a navigable creek that flows directly into the Currituck Sound, your backyard is a gateway to world-class kayaking, paddleboarding, skiff boating, and waterfowl watching all while being to a short jump to the Atlantic Ocean. Whether you are looking to build a private family compound, a premier luxury rental investment, or an eco-conscious coastal retreat where the wild horses roam, this parcel delivers a level of exclusivity that cannot be duplicated. This is truly one of the rarest waterfront opportunities in the 4wd area, ready for you to secure a lasting Outer Banks legacy.
    54 days
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    190
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jason E Summerton 252-202-0105,

    Twiddy and Company - Wash Woods,

    Emily N Morris 703-624-2737,

    Twiddy and Company - Wash Woods

    Source: OBAR,MLS#: 132894MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Ocean, Sound, Salt Marsh, Creek/Stream
      • Has water view: Yes
      • Water view: Ocean,Sound,Salt Marsh,Creek/Stream
      • Waterfront features: Soundfront, Waterfront
      Lot
      • Features: Waterfront
      Details
      • Zoning: SFR

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: Catesby's Watch
      Location
      • Region: Corolla

      Financial & listing details

      • Annual tax amount: $879
      • Date on market: 5/18/2026
      • Cumulative days on market: 39 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Electric utility on property: Yes
      • Road surface type: Unimproved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Listed for sale$399,900
        Source: OBAR #132894 Report a problem
        5/20/2026Contingent$399,900
        Source: OBAR #132894 Report a problem
        5/19/2026Listed for sale$399,900
        Source: OBAR #132894 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27927

        Getting around

        2 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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