Sound Views! Gorgeous Sunsets! Beautiful well maintained and updated spacious 4 bedroom 3.5 bath home located by a cul de sac in the prestigious Magnolia Bay section of The Currituck Club. Top level is bright & open w/ beautifully updated Kitchen, Dining Room, Great Room, Powder Room & a private huge Ensuite Bedroom/Bath w/Jacuzzi & Walk In Closet. First Level features 3 bedrooms of which one is an Ensuite Queen Bedroom w/private bath. The third bedroom is currently being used as an office & shares a bath w/ the 4 th bedroom that is currently being used as a Den. This home offers a lot of sun and shaded areas to relax with everyone or quiet time for yourself. Pool area is very Private & Spacious with enclosed outdoor shower and Hot Tub. Large Deck on top level faces the pool and can be accessed from the pool area or the upper level. Over looking the pool on 1 st level is one of three porches to enjoy the shade & outdoor living at it's finest. It is the perfect area to take in some sun while watching all the fun at the pool. The peaceful outdoor living continues to the front porch where you can experience Sunsets and Sound views & also to the top level screened in front porch w/ Sound Views which leads to the Great Room. This home is situated in a very Peaceful Private setting. ESTIMATED ADVERTISED RENTAL PROJECTION is $81,384 which is an 11.3% GRI. Landscapping and yard maintenance are included in the Association Dues. So just sit back & enjoy your family & friends, the beach and/or golf. New Fortified Roof scheduled to be installed before the end of October 2022 which will reduce insurance costs. Some Recent Improvements include: 2017 to 2022 - Screened in Front Porch, Vanity w/double sinks, Kohler faucets & engineered marble top in Main Ensuite Bedroom, Exterior Paint and decks stained, New Deck Flooring on rear upper deck, staircase to lower rear level, and front steps, New Washer. 2015 to 2016 -Hand scraped Maple Floors installed in upper level Living area, Ensuite Bedroom and lower level bedrooms, Quality new appliances- Dishwasher, Induction Range,Microwave, Refrigerator, Dryer, Closet organizers, Upper Level Heat Pump replaced, Pool Safety Cover. Just to name a few improvements. The best, is that this home is located in Magnolia Bay at the south end of The Currituck Club & is just a short walk to the beach (or 5 minute golf cart ride to the beach) & less than 10 minute walk to the Magnolia Bay community pool and tennis courts. Just steps to the Trolley stop that will take you and your family to the beach during in season at no charge. The Currituck Club is one of the few gated communities in Corolla, & offers exclusivity & an extra element of safety & security. Additionally, the Currituck Club is a prestigious neighborhood in Corolla & is the home to the Premier Reese Jones 18 hole Championship Golf Course w/ gorgeous landscaping & lots of amenities such as: Fitness Center, Pro Shop, full service Grill, several community Pools, 6 Tennis Courts, Basketball courts, VolleyBall, Pickleball, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In SeasonShuttle to the Beach. This is a beautiful well maintained home & just a short walk to the beach. If you are looking for an updated well maintained beach home w/a pool, garage, Sound Views, Sunsets & located in a quiet gorgeous neighborhood w/short walk to the beach, then this is the home for you! Call now to schedule your appointment.
Sold
$740,000
507 Magnolia Way LOT 36, Corolla, NC 27927
4beds
--sqft
Single Family Residence, Residential
Built in 2000
5,227 sqft lot
$921,600 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 01, 2022 at 04:58pm
Listed by:
Sandra L LaRue 252-435-5379,
Corolla Beach Realty
Bought with:
Village Realty Holdings, LLC - Corolla
Village Realty Holdings, LLC - Corolla
Source: OBAR,MLS#: 120538

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Features
- Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Tile, Wood
- Furnished: Yes
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Paved
- Attached garage spaces: 1
- Details: Garage: 1 Car, Attached
Features
- Has private pool: Yes
- Pool features: Association, In Ground, Outdoor Pool, Private
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
- Waterfront features: Semi-Soundfront
Lot
- Size: 5,227 sqft
- Features: Level
Details
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Reverse Floor Plan
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Wood Siding, Cement Fiber Board
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Shared Septic
- Water: Public
Community & neighborhood
Location
- Region: Corolla
- Subdivision: TCC-Magnolia Bay
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
- Ownership: Owned More than 12 Months
- Road surface type: Paved
Services availability

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$921,600
2% more+ $18,432
With Showcase(estimated)
$940,032