Home for Sale
514 Magnolia Way, Corolla, NC

$ 924,000

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4 Bed    3 Bath   
0 Last Update
Property Description

Nestled on a quiet soundside peninsula in Magnolia Bay, Avoca Blue offers the perfect blend of privacy, natural beauty, and resort-style amenities. This stunning waterfront home in The Currituck Club is surrounded by serene marsh grass, mature landscaping, and breathtaking views of Beasley Bay. Step inside to an open-concept great room bathed in natural light, where panoramic water views set the scene for unforgettable coastal living. Glass doors lead to a spacious soundfront deck, ideal for enjoying spectacular sunsets or relaxing with a morning coffee. Just below, the private 11' x 26' pool and hot tub provide the ultimate spot for outdoor fun, while the lush backyard gives kids and pets plenty of space to play. Designed with both style and functionality in mind, the kitchen features stainless steel appliances, including a Viking gas range, allowing you to cook with a view. The main-level primary suite offers direct deck access, incredible water vistas, and a spa-like private bath with a walk-in shower featuring dual showerheads. A second bedroom on the main level, plus two more upstairs, ensures there's plenty of space for family and guests. Throughout the home, tile and LVP flooring make maintenance a breeze—no carpet here! Beyond the home, The Currituck Club delivers an unmatched lifestyle, with a fitness center, tennis courts, shuffleboard, volleyball, basketball, and multiple pools. In the summer, hop on the complimentary trolley to the beach, where a valet awaits to help with your gear (Memorial Day - Labor Day). Golf lovers will appreciate the Rees Jones-designed 18-hole championship course, just minutes away. As an added bonus, Avoca Blue generated over $81,000 in rental income in 2024, making it a fantastic investment opportunity in addition to being a dream coastal retreat. Whether you're seeking a year-round residence, a second home, or a vacation rental, Avoca Blue is a rare soundfront gem that truly has it all.

Property Basic Details
Beds 4
Price $ 924,000
Area Corolla Westside
Unit/Lot # Lot 25
Furnishings Available Yes
Sale/Rent S
Status Active
Full Baths 3
Year Built 1997
Property Features
Estimated Annual Fee $ 6500
Financing Options Cash Conventional Jumbo Loan
Flood Zone AE,Shaded X
Water Municipal
Possession Close Of Escrow
Lease Terms Weekly
Zoning SFO
Tax Year 2024
Property Taxes 4365.97
HOA Contact Name 610-283-2501
Exterior Features
Construction Frame Wood Siding
Foundation Piling
Roads Paved Private
Interior Features
Air Conditioning Central Air Heat Pump
Heating Central Electric Forced Air
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Interior Features Cathedral Ceiling(s)
Extras Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck
Floor Plan
Property Type Single Family Residence
Location
City Corolla
Area Corolla Westside
County Currituck
Subdivision TCC-Magnolia Bay
ZIP 27927
Parking
Parking Paved Off Street
Elementary School:
Middle School:
High School:

Location

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  • Listing Courtesy Of: Midgett Realty - Rodanthe