1461 Ocean Pearl Road

Corolla, NC 27927

$17,000,000
Price
45
Beds
37
Baths
6
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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...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.
  1. Listed by Charles S Motosko • Charles S Motosko

Property Details for 1461 Ocean Pearl Road

Waterfront Location
Oceanfront
Zoning
SFR
Subdivision
Ocean Beach
View Description
Ocean
Style
Coastal
LISTING UPDATED: 09/14/2024 07:24 PM

Property Details for 1461 Ocean Pearl Road

StatusActive
MLS #126957
Days on Market68
Taxes$29,143 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family - Detached
Year Built2006
Lot Size-
CountyCurrituck County

Building Information for 1461 Ocean Pearl Road

Stories-Year Built2006Building Size-Lot Size-

Property Information for 1461 Ocean Pearl Road

Summary
Location and General Information
  • Area: 4-Wheel Drive Area
  • City: Corolla
  • State: NC
  • Zip: 27927
  • Geo Subdivision: NC
  • Pin Number: 113A000003A0000
  • County: Currituck
  • 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.
Taxes and HOA
  • Deed Book: 1616
  • Deed Book Page Number: 41
  • Hoa Contact Info: NA
  • Tax Year: 2023
  • Estimated Annual Fee: $0
  • Taxes: $29,142.54
  • Hoa Contact: NA
Property
Property and Assessments
  • Class: RESIDENTIAL
  • Homesnap: Yes
  • Bank / Institution Owned: No
  • Year Built: 2006
  • Type: Single Family - Detached
Lot Information
  • Primary Residence: No
  • Lot Description: Beach Frontage, Level
Utilities
  • Fuel Tanks: Leased
  • Sewer Or Septic: Private Septic
Interior and Exterior Features
Exterior Features
  • Pool Type: Private
  • Pool: Yes
  • Construction: Frame
  • Roof: Asphalt/Fiber Shingle
  • Roads: Unpaved
  • Pool: Outdoor, Private Pool
Interior Features
  • Bedrooms: 45
  • Full Baths: 37
  • Partial Baths: 6
  • Heating: Central, Heat Pump
  • Air Conditioning: Central, Heat Pump

Property History for 1461 Ocean Pearl Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1461 Ocean Pearl Road

Taxable ValueLand$363,800Additions$1,126,800Total$1,490,600
Tax Record2023$8,941 ($745 / month)
Home Facts
Beds14Baths14Total Finished SqFt7,904 SqFtAbove Grade Finished SqFt7,904 SqFtStories3Lot Size155,509 SqFtStyleSingle Family ResidenceYear Built2006CountyCURRITUCKAPN113A000003A0000Fireplace TypeHas Fireplace

Schools near 1461 Ocean Pearl Road

This home is within Currituck County School District.
Rating
School
Type
Grades
Distance
Knotts Island Elementary
Public - K to 5
Currituck County Middle
Public - 6 to 8
Currituck County High
Public - 9 to 12
The JP Knapp ECH (I)school
Public - 9 to 13
Rating
School
Distance
Knotts Island Elementary
PublicK to 5

Currituck County Middle
Public6 to 8

Currituck County High
Public9 to 12

The JP Knapp ECH (I)school
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1461 Ocean Pearl Road, Corolla, NC 27927

1461 Ocean Pearl Road is a single family home for sale in Corolla, NC 27927. This property was listed for sale on September 14, 2024 by Charles S Motosko, it's currently listed at $17,000,000. It has been on the market for a total of 68 days and was last sold on April 9, 2021. This listing's school district is Currituck County School District. Nearby schools include Knotts Island Elementary, Currituck County Middle and Currituck County High. 1461 Ocean Pearl Road is a 45-bed, 40-bath, single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Charles S Motosko

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 09/14/2024 07:24 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS