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861 Sawgrass Court
Corolla, NC 27927
$788,500
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2031
Property Description
Introducing New Construction in Monteray Shores! Why purchase an old, tired property when you can have a brand-new home! Nestled among the Live Oaks, on a quiet cul-de-sac street, just two lots away from the sound, awaits a coastal retreat in the making. This multi-level residence will offer four bedrooms, three and a half bathrooms, private pool and a great location. Upon completion, the upper level will feature an open floor plan with vaulted ceilings, creating a spacious ambiance. The great room will lead to a sun deck, while the kitchen will include an island and pantry. Adjacent to the kitchen, the dining area will offer access to a covered upper-level porch. The mid-level will comprise a primary en suite with a private bathroom, two guest rooms, and a full hall bathroom. Both the primary bedroom and one guest room will have access to a covered deck. The ground floor level will feature the remaining guest room, a full hall bathroom, a laundry area, and a rec room leading out to a patio and the private pool. A dry entry from the carport and an outside shower add convenience. The home will feature easy-care LVT flooring throughout (stairs will have carpet), granite counters, tiled showers, sod, and lawn sprinklers, as well as a fiberglass pool suitable to the lot size. Some additional upgrades to the interior features may be possible. (More feature details to follow.) Owners will enjoy access to Monteray Shores amenities including a community swimming pool, clubhouse, tennis courts, fitness center, community pier, Sound overlook, playground, and more. Situated in an X flood zone, this property offers protection from coastal hazards. With the beach, shopping, attractions, and restaurants within walking distance, convenience meets coastal living in this serene cul-de-sac location. This property won't last long, so act fast to take advantage of personalized customization!
Property Information
Lot Size
9,143 sqft square ft
Property Type
Residential
Year Built
--
MLS Number
124583
Location
Address
861 Sawgrass Court
City
Corolla
State
NC
Zip Code
27927
County
CURRITUCK
Listing
Provider
Keller Williams Realty Outer Banks, original listing
Name
Keller Williams Realty Outer Banks
Phone
(252) 207-6588
Office Name
Keller Williams - Outer Banks
Office Phone
(252) 256-9661
Agent Name
Matt Myatt

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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.