752 Waters Edge LOT 147, Corolla, NC 27927

The perfect beach house does exist!! This adorable home in Corolla is the quintessential Outer Banks beach cottage. 5 bedrooms, 4 baths, WALKABLE TO THE BEACH, private pool, hot tub, ground level game room with kitchenette and it comes fully furnished with SIGNIFICANT INCOME already on the books! PLUS this home has added privacy since it's located on a cul-de-sac, surrounded by trees and one house away from the Ocean Sands lake. The top floor features an open floor plan with cathedral ceilings, large kitchen and dining, with living space that is centered around a gas fireplace and built-in shelving. The large east facing windows let in great natural light. Sliders lead out to the east-facing deck with ocean breezes and lake views! An all-seasons room off the living area adds to the usable space and is a great place to read a book or enjoy the views. Off of the living space is a nice sized bedroom and full bath. On the mid level, you'll find a bedroom with its own en suite, and two more bedrooms that share a hall bathroom. There's plenty of covered decks on this level, great for hammocks and adirondack chairs. The ground level has another bedroom, full bath, laundry area, storage and a large game room entertaining space with its own kitchenette. Sliders lead out from this space to the large pool area with hot tub, that backs up to the wooded common area, adding to your privacy. It's a short walk to the beach using the paved neighborhood streets, or you can take the sandy trail along the lake and enjoy the partially shaded walk and pretty views, plus you'll probably see some turtles along the way. Seeing the occasional turtle on the lake walk to the beach has been a surprising hit with vacation renters. A new owner will benefit from the almost-fully booked rental season for 2023, and a rental projection of a fully opened calendar in 2024 conservatively estimates approx 79k in rental income potential. It's a turn-key Outer Banks investment, where everything has been done for you. New luxury vinyl flooring installed in 2020, fresh paint in bedrooms and bathrooms in 2020, new roof in 2021, decking and railings just painted in 2023.