1060 BEACON HILL DRIVE, COROLLA, NC 27927

1060 Beacon Hill Drive
Corolla, NC 27927

$680,000

Beds: 6
Baths: 6 | 1
Sq. Ft.: 3,431
Listing #98007
THE VIEWS!! Gorgeous home with Spectacular Sound Views. This pristine well maintained 6 Master Bedroom, 6 bath home is located in one of the highest elevated areas in Corolla and in the prestigious Resort Community of Beacon Hill in Corolla Light . While relaxing in your home, you can enjoy breathtaking sunsets over the sound and beautiful sunrises over the ocean. The home is a perfect vacation rental home. It has all the custom upgrades you expect in your own personal home. It is like being in your own home and on vacation at the same time. And because of this, the rental income is incredible. Every year this home has Consistent Strong Rental Income. 2017 GRI is over 10 % GRI . 2017 Advertised Gross Rental income is $68,310 and 2017 Owner Gross Rental Income to owner is $63,360. 2018 already has over $17,000 in Pre Booked Gross Rental Income. Features of this spacious home are 6 Master Bedrooms, relaxing spacious Living Room, Private Heated Gunite Pool, Hot Tub, All Flat Screen TV's, ELEVATOR, 2 Dish Washers, Large TV Room on 2nd Floor, Rec Room with Mini Bar, Pool Table and Foosball. Plus this home is located in Flood Zone X, therefore Flood Insurance is Not Required. 1060 Beacon Hill has been beautifully maintained and updated. In 2017 the lower level HVAC unit was replaced and the Hot Tub cover was replaced . The Corolla Light Resort has won the Resort of the year for many years. The amenities are fantastic and offer something for everyone including: Amazing Ocean Front Pool, Sound side Pool, Basket Ball Court, Playground, Tennis Courts, In Season Trolley to the Beach, and the only Ocean Front Restaurant in Corolla. The Corolla Light Resort also has an indoor Sports Center with 25 yard heated lap pool, Racquetball Courts, 2 indoor Clay Tennis Courts, 3 Fully Equipped Fitness Rooms, and Sauna. This home has it all. If you are looking for a well maintained 6 Master Bedroom home with breathtaking Sound Views, Ocean Views, Beautifully Decorated, Custom Upgrades, Pool, Hot Tub, Rec Room, ELEVATOR, Fabulous Amenities, and STRONG GROSS RENTAL INCOME with greater then 10% GRI, then this is the home for you!!
Property Features
Location Information
County: Currituck
MLS Area: Corolla Oceanside
Subdivision: Corolla Light
Directions: Route 12 north to Corolla, Right on Beacon Hill, Turn Right, House is on the Right
Interior Features
Interior: All Window Treatments, Dryer Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Washer Connection, Wet Bar
Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Off Site Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Board Walk, Common Area
Heating: Central, Electric, Forced Air, Zoned
Cooling: Central, Heat Pump, Zoned
Floors: Carpet, Tile, Hardwood
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
Furnishing Available: Yes
Exterior Features
Style: Reverse Floor Plan, Coastal
Construction: Frame, Wood
Exterior: Cement Fiber Board
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Community Septic
Water Access: Municipal
Parking Description: Paved
Has a Pool: yes
Pool Description: Outdoor, In Ground, Gunite, Heated, Private Pool, Association Pool
Lot Description: Bulkheaded
Lot Size in Acres: 0
Road Description: Paved, Private
Waterfront Description: More than 5th row
View Description: Ocean, Sound
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Income: Current Year Owner Rental Income: 62580, Current Year Gross Rental Income: 66715, Annual Rental Income: 68310
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 2005
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $680000
HOA Fee: 3, 232
HOA Fee: Yes
HOA Includes: Management, Pool, Road Maintenance, Tennis Courts
Tax Year: 2017
Tax Amount: 3, 208.26
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Smoke Detector(s)
Garage Description: None


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: Daniel LaRue, Corolla Beach Realty
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Outer Banks data last updated at December 16, 2017 6:02 PM ET