Tara Middlebrooks

Real Estate Agent
License# 0225263518

601 Schooner Ridge #Lot V, Corolla, NC 27927

 (Sold on )

$1,499,000

  • Open House
  • New Listing
  • Price Reduced$100,000
  • Active
-1 More Schedule
  • 6 BedroomBeds
  • 4 BathroomBaths
  • 2,394Sqft
  • 0Acres
  • Single FamilyType
  • 130747MLS#
-1 More Schedule

Property Description

Opportunity abounds at this oceanfront retreat in the sought-after Ocean Sands community of Corolla. This property offers exceptional flexibility, with confirmation that the lot can accommodate a 7-bedroom new construction home with a pool. A site plan has already been engineered and is available in the associated documents. Twiddy's rental projection for a new construction 7-bedroom oceanfront home with a pool ranges from $271,905-$312,406, making this an outstanding investment opportunity. The current 6-bedroom cottage has been cherished by the same family for three generations since 1980. It captures the simple Outer Banks lifestyle of yesteryear, when families would head to the coast for long weekends and summers spent watching children build sandcastles, playing in the waves, and ending the day with an outdoor shower, freshly picked crabs on the screened porch, and stargazing by the sea. For those who value the nostalgia of a traditional coastal cottage, this home offers the perfect chance to renovate and enjoy a classic beach retreat. Ideally located beside the communitys beach walkway, the property provides effortless access to the sand and surf just steps from your door. From sunrise views over the Atlantic to quiet walks or bike rides through Corollas peaceful streets, the setting embodies the best of coastal living. Nearby attractions include the historic Corolla Village, Currituck Beach Lighthouse, local shops, restaurants, and the famous wild horse tours that make this area so special. Whether you choose to restore the existing home or build anew, this oceanfront property offers endless potential, an unbeatable location, and the timeless appeal of Corolla living. Please note: An older-style metal spiral staircase provides access to the third level and is best suited for those in good health who can comfortably navigate stairs. Current tax records state 4 bedrooms. Owner is working with county to have record updated.

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Property Details 601 Schooner Ridge #Lot V, Corolla, NC 27927

Facts & Features

  • MLS #: 130747
  • Status: Active
  • Date Listed: 10/12/2025
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1980
  • Style: Coastal
  • Price: $1,499,000
  • Acres: 0.12
  • Area: Corolla Oceanside
  • County: Currituck
  • Subdivision: Ocean Sands
  • Bedrooms: 6
  • Bathrooms: 4
  • Full Baths: 4
  • Total SqFt: 2,394

Amenities

  • Parking: Paved
  • Garage Type: None
  • View: Ocean
  • Waterfront: Yes
  • Waterfront Type: Municipal

Exterior

  • Lot Description: Beach Frontage, Waterfront

Additional Information

  • Zoning: SFO

Tax Information

  • Tax: $10,996

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