1461 Ocean Pearl Road, Corolla, NC 27927

$17,000,000
45
BD
43
BA
List Price
$17,000,000
MLS#
126957
Status
(10) ACTIVE - ACTIVE
Type
Single Family Residential
Property Type
Single Family Residence
Bedrooms
45
Bathrooms
43
Full-baths
37
Half-baths
6
Neighborhood
Ocean Beach

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.

Additional Information

Lot Description
Beach Frontage, Level
Pool
Yes
Roof
Asphalt
Sewer
Septic Tank
Style
Coastal
View
Ocean
Zip
27927
Neighborhood
Ocean Beach
Year Built
2006
County
Currituck

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Charles S Motosko.

Listed by Charles Motosko

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