Recently remodel sound front in Magnolia Bay in the heart of The Currituck Club. Enjoy this perfect spot on the sound front in Corolla with spectacular sunsets beaming right into your living and kitchen. Magnolia Bay is tucked in and on the south end of The Currituck Club. This beautiful well appointed single family home is in one of the most attractive communities in Corolla. The property has been completely renovated and is in turn key condition for the new owner to take over and relax because the seller has made it a dream spot for a second home owner or the investor with a bounty full of bookings for 2018. The first level offers living with fireplace and dining and kitchen with a formal dining and a master with fireplace on this level. The living and kitchen offer breathless views of the water and sunsets that will last in the memory bank for years. Upstairs offer three additional bedrooms, one master with fireplace and two bedrooms that share a hallway bath. Enjoy the sunset right from the hot tub on the west deck and you may never want to leave. Community pool is within minutes on a bike or in a car and comes without the headache of maintaing a private pool. Sellers will consider owner finance with 25% down.
Sold for $865,000
$865,000
502 Magnolia Way, Corolla, NC 27927
4beds
2,570sqft
SingleFamily
Built in 1997
-- sqft lot
$867,900 Zestimate®
$337/sqft
$2,932 Estimated rent
Home value
$867,900
$825,000 - $920,000
$2,932/mo
Zestimate® history
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$4,986/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Heat pump, Radiant, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Dryer Connection, Ice Maker Connection, Master Bath, Washer Connection, First Floor Master
- Flooring: Tile, Carpet
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 2,570 sqft
Property
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 127D00000310000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1997
Community & HOA
Location
- Region: Corolla
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $476,200
- Annual tax amount: $3,928
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $865,000+8.3%$337/sqft |
Source: Public Record Report a problem | ||
| 4/15/2024 | Listing removed | $799,000+3.8%$311/sqft |
Source: | ||
| 2/21/2024 | Sold | $770,000-3.6%$300/sqft |
Source: Public Record Report a problem | ||
| 8/29/2023 | Listing removed | -- |
Source: | ||
| 7/18/2023 | Listed for sale | $799,000$311/sqft |
Source: | ||
| 6/16/2023 | Listing removed | $799,000$311/sqft |
Source: | ||
| 6/12/2023 | Listed for sale | $799,000+90.7%$311/sqft |
Source: | ||
| 10/31/2018 | Listing removed | $419,000$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 10/31/2018 | Listed for sale | $419,000+2.4%$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 10/30/2018 | Sold | $409,000-2.4%$159/sqft |
Source: Public Record Report a problem | ||
| 9/2/2018 | Pending sale | $419,000$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 7/20/2018 | Listed for sale | $419,000$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 6/24/2018 | Pending sale | $419,000$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 6/18/2018 | Listed for sale | $419,000+33.9%$163/sqft |
Source: Village Realty Holdings, LLC - Corolla #100915 Report a problem | ||
| 10/19/2016 | Sold | $313,000-53.7%$122/sqft |
Source: Public Record Report a problem | ||
| 6/9/2016 | Sold | $676,555-14.3%$263/sqft |
Source: Public Record Report a problem | ||
| 3/21/2005 | Sold | $789,500$307/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,928 +3.4% | $476,200 |
| 2024 | $3,800 +11.7% | $476,200 |
| 2023 | $3,403 +19.9% | $476,200 +1.1% |
| 2022 | $2,838 +0.5% | $470,900 |
| 2021 | $2,823 +21.6% | $470,900 +21.7% |
| 2020 | $2,321 -0.9% | $387,000 |
| 2019 | $2,343 +0.1% | $387,000 |
| 2018 | $2,341 +10% | $387,000 |
| 2017 | $2,127 | $387,000 |
| 2016 | $2,127 | $387,000 |
| 2015 | $2,127 | $387,000 |
Find assessor info on the county website
Neighborhood: 27927
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Nearby schools
GreatSchools rating
- 9/10Knotts Island ElementaryGrades: K-5Distance: 17.4 mi
- 5/10Currituck County MiddleGrades: 6-8Distance: 11.2 mi
- 4/10Currituck County HighGrades: 9-12Distance: 11.3 mi
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- North Carolina
- Currituck County
- Corolla
- 27927
- 502 Magnolia Way