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1918 Sandfiddler Road
Corolla, NC 27927
$1,599,000
Conventional
Property
Bedroom
7
Bathroom
8
Property Type
Conventional
Square ft
5300
Property Description
This gorgeous and expansive semi-OF property sits at the end of a cul-de-sac and is uniquely situated on an angle to capture the best possible ocean views! With direct beach access from the dedicated walk-over located steps from the front door and no through road in front of the home, you will feel like you are living Ocean Front! Inside, this 5000 plus square foot house boasts 7 bedrooms, 6 full baths and 2 half baths. With 4 king ensuite bedrooms, this home will be a fit for even the largest of families! On the 3rd floor you will find an open concept living room, dining room, kitchen, reading room, crow's nest office - Every room with an amazing view! Additionally, the top floor of this home showcases one generously sized King bedroom with fireplace, private ocean facing balcony and ensuite with jetted tub, separate shower and water closet. Upstairs decks are the place to be to see dolphins jumping and watch the sunrise. If sunsets are more your style, you can enjoy an evening cocktail from the screened-in porch overlooking the natural landscape to the west. The 2nd level of this home is designed for guests to spread out in comfort. Two king ensuites and one queen ensuite all with private deck access are sure to please! A Jack and Jill bathroom, also located on the 2nd floor, connect two Duo-bunk rooms (great for adults or kids). You can also find laundry, luggage storage and pool stair access from this level. The ground floor welcomes guests as the main dry entry from the carport. The elevator access on this floor makes unloading groceries and luggage a breeze. This floor is designed to entertain! With a game room, indoor wet bar with extra refrigerator, half bath and direct access to the pool and outside tiki bar, guests won't be disappointed. This area is a favorite of the wild mustang herd and it is common to see them grazing just outside the windows of the game room! An additional King ensuite is located on the 1st floor and has the benefit of being handicap accessible. The interior of this home has been thoughtfully renovated to include new furniture and décor throughout, new hardwood flooring and carpet throughout, all new interior paint, all new lighting throughout, new quartz countertops in the upstairs and downstairs kitchens, all new appliances, new shiplap fireplace surround and new deck furniture. A full list of improvements and renovations is available in associated docs. This home has consistently rented for 25 weeks per year even with owner blocks and is a guest favorite.
Property Information
Lot Size
14,810 sqft square ft
Property Type
Residential
Year Built
--
MLS Number
125444
Location
Address
1918 Sandfiddler Road
City
Corolla
State
NC
Zip Code
27927
County
CURRITUCK
Listing
Provider
Twiddy and Company of Duck, original listing
Name
Twiddy and Company of Duck
Phone
(252) 202-9880
Office Name
Twiddy and Company - Corolla
Office Phone
(252) 457-1187
Agent Name
Crystal Swain

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.