Home for Sale
1461 Ocean Pearl Road, Corolla, NC

$ 17,000,000

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45 Bed    37 Bath   
68 Last Update
Property Description

Looking for a picturesque beach estate that is a strong income producer? 2022, 2023 and 2024 rentals totaled over $3,500,000. This sprawling oceanfront compound known as “The Three Authors” boasts 3 mansions with a total of 45 bedrooms, 37 baths, and 6 half baths. They are situated on over 10 acres of oceanfront property. The property is exquisite, unique, and unforgettable. There are multiple pool areas, gourmet kitchens, gaming areas, theatre rooms, elevators, and wet bars. You have Gigabit Fiber Optic Internet to keep you connected and a Reverse Osmosis Water treatment system for superior quality water. These three magnificent homes can be used for a family get-together, corporate retreats, weddings, or a secluded getaway to the beach. These homes are quite spectacular with no shortage of luxe details. These properties have an excellent return on investment. The “Three Authors” is located in the northern end of the Outer Banks on over 10 acres of oceanfront property. The northern section of the Outer Banks is undisturbed shorelines with no commercial development. There are no paved roads. You drive 2 miles on the beach past a North Carolina Coastal Reserve & National Estuarine Research Reserve to get to the properties. They have a private entrance crossing the dunes servicing all three homes. The peaceful and serene setting of these homes which are located in the 4-wheel drive area of the Outer Banks which is a favorite destination of visitors. This area consists of beaches, dunes, a wild horse sanctuary, maritime forests, and the ancestors of Colonial Spanish Mustangs are roaming free. Sit on one of the many decks enjoying a view of the ocean and watch the Spanish Mustangs roam throughout the property or watch the dolphins swim by in the ocean. The homes in this luxurious retreat were named after Mark Twain, Ernest Hemingway, and F. Scott Fitzgerald. 1) Mark Twain - 18 bedrooms, 15 full and 2 half baths, almost 11,000 square feet, 3.64 acres, 2023 property taxes were $12,505.51. 2) Hemingway - 14 bedrooms, 13 full and 2 half baths, almost 8000 square feet, 3.57 acres, 2023 property taxes were $8,941.41. 3) Fitzgerald - 13 bedrooms, 9 full and 2 half baths, over 6000 square feet, 3.54 acres, 2023 property taxes were $7,695.42.

Directions: 12 North until the paved road ends. Drive along the beach for approximately 2 miles and the 3 properties will be on your left. Shared private entrance on the north side of 1463 Ocean Pearl Road. Alternative entrances would be Munson Lane which is 12 lots to the North.

Property Basic Details
Beds 45
Price $ 17,000,000
Area 4-Wheel Drive Area
Unit/Lot # Lot 2,3A, 3B
Furnishings Available Yes
Sale/Rent S
Status Active
Full Baths 37
Partial Bath 6
Year Built 2006
Property Features
Zoning SFR
Tax Year 2023
Property Taxes 29142.54
HOA Contact Name NA
Exterior Features
Construction Frame
Roads Unpaved
Interior Features
Air Conditioning Central Air Heat Pump
Heating Central Heat Pump
Floor Plan
Property Type Single Family Residence
Location
City Corolla
Area 4-Wheel Drive Area
County Currituck
Subdivision Ocean Beach
ZIP 27927
Parking
Garage Asphalt
Elementary School:
Middle School:
High School:

Location

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  • Listing Courtesy Of: Charles S Motosko