OFF MARKET

Off market apr 2021 for $2.5M

$3,051,256

Est. refi paymentEst. refi $9,301/mo

•

—

sq ft

1487 Ocean Pearl Rd Lot, Corolla, NC 27927

About this home

You can live the dream in this oceanfront estate. Views of the Atlantic Ocean and the Currituck Sound where the wild horses roam. Perched on a highly elevated corner of Penny's Hill-the second largest sand dune in North Carolina. It is only accessible by four wheel drive vehicles. Penny’s Hill is the ideal destination for those looking to escape. There are no paved roads, no restaurants, gas stations or stores so come prepared! Currently used as an investment by seller, it is primarily rented as an event home(weddings/corporate outings) and rents $367,305/season. Sold fully furnished, its a turnkey investment. Prepared to sleep 36 people, it contains everything needed to host an event. Inside is a large gourmet kitchen, with a huge pantry that has 2 additional refrigerators, 4 ovens, wine cooler, commercial icemaker and steamer, 18 bedrooms, movie theatre, billiard/rec room/bar, laundry room, utility room with water conditioning systems, lots of entertaining spaces, player piano, and 1000sf wedding suite with private deck overlooking the ocean, oversized shower with 9 shower-heads. Outside is a private pool with wet bar, hot tub and poolside cabana, two outside showers, two outside toilets, and a huge 1800 sun deck/dance floor/outside dining area. This area has permanent stakes installed for a 30'x50' tent(not supplied). Well maintained, with recent maintenance to include new fortified roof in May 2020, new HVAC systems and duct work, new hot tub, new pool heater, new decks, new flooring. This property is set up for the new owner to operate for years with little to no maintenance expense.

Single-familyProperty Type

1996Year Built

1.96 acresLot Size

3 car garageParking

Listed by Cooper Hawk • Outer Banks Realty Group

Bought with Trisha Midgett • Midgett Realty - Rodanthe

Bought with Michael Milteer • Midgett Realty - Rodanthe

Redfin checked: a few seconds ago

•Source:OBMLS #113672

Redfin Estimate

$3,051,256

$501K since sold in April 2021$490K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.8% higher than the average sale price ($2.44M) of 6 comparable homes.

SOLD OCT 15, 2026
$1,650,000
A
6 beds5.5 baths3,869 sq ft
1042 Lighthouse Dr, Corolla, NC 27927
SOLD SEP 15, 2026
$5,600,000
B
5 beds5.5 baths4,542 sq ft
1401 Ocean Pearl Rd Lot 13, Corolla, NC 27927
SOLD NOV 6, 2026
$2,900,000
C
12 beds12.5 baths5,723 sq ft
1078 Lighthouse Dr, Corolla, NC 27927
SOLD JUN 18, 2026
$980,000
D
8 beds8 baths4,541 sq ft
1044 Whalehead Dr Lot 48, Corolla, NC 27927
SOLD MAY 11, 2026
$1,095,000
E
7 beds6 baths4,193 sq ft
1201 Adriatic Ave Lot 55, Corolla, NC 27927
SOLD FEB 23, 2026
$2,444,500
F
6 beds6 baths4,020 sq ft
1093 Lighthouse Dr Lot 4, Corolla, NC 27927

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,296/mo

Redfin rental estimate

List your home for rent

Market trends in 27927, NC

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

97.1%

+1.1% MoM

Median sale price

$850K

$51K MoM

Avg. days on market

78d

46 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 14 HRS AGO
$975,000
5 beds4 baths2,758 sq ft
1077 Hampton St, Corolla, NC 27927
NEW 19 HRS AGO
$1,075,000
6 beds5.5 baths3,367 sq ft
799 Apollo Rd, Corolla, NC 27927
NEW 1 DAY AGO
$2,475,000
5 beds6.5 baths3,812 sq ft
1131 Franklyn St, Corolla, NC 27927
$1,225,000
4 beds4.5 baths2,245 sq ft
2007 Sandpiper Rd, Corolla, NC 27927
3D WALKTHROUGH
$535,000
3 beds3.5 baths2,242 sq ft
514 Robin Ln, Corolla, NC 27927
$1,249,000
5 beds4.5 baths3,659 sq ft
2223 Sandfiddler Rd, Corolla, NC 27927
$757,000
5 beds4.5 baths2,547 sq ft
760 Lakeshore Ct, Corolla, NC 27927
$2,199,000
8 beds7.5 baths5,746 sq ft
1116 Carotank Dr, Corolla, NC 27927
$1,299,000
4 beds4.5 baths2,693 sq ft
600 Sea Oats Ct, Corolla, NC 27927
$700,000
3 beds2.5 baths1,525 sq ft
759 Starfish Ct, Corolla, NC 27927
See all

Provided by Redfin

Sale history for 1487 Ocean Pearl Rd Lot

Year

Property tax

Land + Additions

Assessment*

2026

$9,250 (−3.0%)

$270,100 + $1,207,000

$1,477,100

2025

$9,541

$270,100 + $1,167,600

$1,437,700

2024

$9,532 (+10.5%)

$270,100 + $1,167,600

$1,437,700

2023

$8,625 (+21.1%)

$270,100 + $1,167,600

$1,437,700

2022

$7,121 (+0.1%)

$270,100 + $1,167,600

$1,437,700

2021

$7,113 (+14.2%)

$270,100 + $1,167,600

$1,437,700

2020

$6,228 (+0.6%)

$241,000 + $976,500

$1,217,500

2019

$6,192

$241,000 + $969,300

$1,210,300

2018

$6,192 (+0.6%)

$241,000 + $969,300

$1,210,300

2017

$6,156 (−0.4%)

$241,000 + $969,300

$1,210,300

2016

$6,179

$241,000 + $969,300

$1,210,300

2014

$6,179

$241,000 + $969,300

$1,210,300

Tax history for 1487 Ocean Pearl Rd Lot

Year

Property tax

Land + Additions

Assessment*

2026

$9,250 (−3.0%)

$270,100 + $1,207,000

$1,477,100

2025

$9,541

$270,100 + $1,167,600

$1,437,700

2024

$9,532 (+10.5%)

$270,100 + $1,167,600

$1,437,700

2023

$8,625 (+21.1%)

$270,100 + $1,167,600

$1,437,700

2022

$7,121 (+0.1%)

$270,100 + $1,167,600

$1,437,700

2021

$7,113 (+14.2%)

$270,100 + $1,167,600

$1,437,700

2020

$6,228 (+0.6%)

$241,000 + $976,500

$1,217,500

2019

$6,192

$241,000 + $969,300

$1,210,300

2018

$6,192 (+0.6%)

$241,000 + $969,300

$1,210,300

2017

$6,156 (−0.4%)

$241,000 + $969,300

$1,210,300

2016

$6,179

$241,000 + $969,300

$1,210,300

2014

$6,179

$241,000 + $969,300

$1,210,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

13.5

Stories

Lot width

88 ft.

Lot depth

926 ft.

Lot size

1.87 Acres

Year renovated

—

Sq. Ft.

8,823

Year built

1996

Style

Single Family Residential

County

Currituck County

APN

010200000050000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 3
Parking Features: Off Street, Paved

Interior

Bathroom Information
# of Full Bathrooms: 12
# of Half Bathrooms: 3

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
Has Heating
Heating: Heat Pump, Central, Electric, Geothermal, Zoned

Interior Features
Interior Features: Pantry, Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Furnished: Furnished
Appliances: Range, Oven, Water Purifier, Water Softener, Dryer, Dishwasher, Freezer, Ice Maker, Microwave, Washer, Wine Cooler
Flooring: Carpet, Ceramic Tile

Room Information
Laundry Features: Laundry Room

Exterior

Exterior Features
Patio And Porch Features: Patio, Deck
Roof: Asphalt

Pool Information
Has Private Pool
Pool Features: Outdoor Pool, In Ground, Private
Has Spa/Hot Tub

Building Information
Construction Materials: Vinyl Siding, Frame, Wood Siding
Foundation Details: Slab

Property Features
On Waterfront
Waterfront Features: Beach Front, Beach Access, Ocean Front
Has View
Security Features: Smoke Detector(s)
Accessibility Features: Therapeutic Whirlpool
Other Equipment: Intercom

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Lot Information
Lot Features: Corner Lot, Waterfront
Lot Size : 90x950
Lot Size Acres: 1.96
Zoning Description: R

Financial

Tax Information
Tax Annual Amount: $6,192.07

Utilities

Utility Information
Water Source: Private, Well
Sewer: Septic Tank

Location

Location Information
Directions: from the end of the paved road the house is 2.3 miles north. turn West on Munson Lane and home is first on left.
Subdivision Name: O'Neal Minor

Public facts

Beds: 18
Baths: 13.5
Sq. Ft.: 8,823
Stories: 2.0
Lot Size: 1.87 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: —
County: Currituck County
APN: 010200000050000

Home facts updated by county records on Oct 5, 2026

Around this home

Schools

K - 12
Preschool & daycare

Knotts Island Elementary

Public K-5 • Assigned • 7.3mi

9/10

Currituck County Middle

Public 6-8 • Assigned • 7.9mi

5/10

Currituck County High

Public 9-12 • Assigned • 8.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

4% chance of being in a wildfire in next 30 years

10/10 Heat Factor

8 days above 102° expected this year, 22 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Corolla, NC • 27927

Average low and high temperatures (°F)

46°

34°

48°

36°

62°

47°

70°

56°

75°

63°

83°

72°

86°

76°

79°

72°

76°

69°

68°

59°

63°

51°

40°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5 hours in December, which is comparable to the U.S. average for solar exposure.

9.2 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.90M – $3.51M

Sell confidently with a local market expert in Corolla. 3 minutes to get started.

Nearby similar homes

NEW 14 HRS AGO

$975,000

5 beds4 baths2,758 sq ft

1077 Hampton St, Corolla, NC 27927

Fortified roof • Peaceful cul-de-sac • Soundside pool

$1,299,000

6 beds6 baths3,066 sq ft

815 Whalehead Dr, Corolla, NC 27927

Granite countertops • Tile backsplash • Covered deck

$949,900

4 beds3.5 baths2,253 sq ft

864 Ivory Ct, Corolla, NC 27927

Private pool • Ev charger • Sonos sound system

$749,000

5 beds3 baths1,495 sq ft

606 Sea Oats Ct, Corolla, NC 27927

Semi-oceanfront home • Large deck • Fortified roof

$757,000

5 beds4.5 baths2,547 sq ft

760 Lakeshore Ct, Corolla, NC 27927

Volley ball court • Hot tub • New roof

$710,000

4 beds2 baths1,501 sq ft

739 E Willet Ct, Corolla, NC 27927

Wooded lot • Beamed ceilings • Sun deck

New listings for sale in 27927

NEW 14 HRS AGO

$975,000

5 beds4 baths2,758 sq ft

1077 Hampton St, Corolla, NC 27927

Fortified roof • Peaceful cul-de-sac • Soundside pool

NEW 19 HRS AGO

$1,075,000

6 beds5.5 baths3,367 sq ft

799 Apollo Rd, Corolla, NC 27927

Private beach access • Game room • Wet bar

NEW 1 DAY AGO

$2,475,000

5 beds6.5 baths3,812 sq ft

1131 Franklyn St, Corolla, NC 27927

Covered porch • Dry entry • Tv den

$1,225,000

4 beds4.5 baths2,245 sq ft

2007 Sandpiper Rd, Corolla, NC 27927

Open floor plan • Granite countertops • Soft-close cabinetry

3D WALKTHROUGH

$535,000

3 beds3.5 baths2,242 sq ft

514 Robin Ln, Corolla, NC 27927

Open-concept living • Private bedroom • Home office

$1,249,000

5 beds4.5 baths3,659 sq ft

2223 Sandfiddler Rd, Corolla, NC 27927

Oceanfront home • Direct beach access • Expansive decks

$757,000

5 beds4.5 baths2,547 sq ft

760 Lakeshore Ct, Corolla, NC 27927

Volley ball court • Hot tub • New roof

$2,199,000

8 beds7.5 baths5,746 sq ft

1116 Carotank Dr, Corolla, NC 27927

Lighthouse views • Chef's kitchen • Wet bar

$1,299,000

4 beds4.5 baths2,693 sq ft

600 Sea Oats Ct, Corolla, NC 27927

Semi-oceanfront home • Quality construction • Upscale finishes

Home values near 1487 Ocean Pearl Rd Lot

Data from public records.

Address	Redfin Estimate
1485 Ocean Pearl Road, Corolla, NC 6 Beds \| 6.5 Baths \| 4690 Sq. Ft.	$2,242,866
1483 Ocean Pearl Road, Corolla, NC 5 Beds \| 6.5 Baths \| 3684 Sq. Ft.	$1,482,121
1471 Ocean Pearl Road, Corolla, NC 1 Beds \| 1 Baths \| 640 Sq. Ft.	$550,544
1479 Ocean Pearl Road Lot 9A, Corolla, NC 8 Beds \| 8.5 Baths \| - Sq. Ft.	$1,812,374
1473 Ocean Pearl Road #unknown, Corolla, NC 8 Beds \| 9 Baths \| - Sq. Ft.	$2,038,285
1493 Ocean Pearl Road, Corolla, NC 14 Beds \| 15 Baths \| 5934 Sq. Ft.	$3,980,733

Address	Redfin Estimate
1479 Ocean Pearl Road, Corolla, NC 8 Beds \| 8.5 Baths \| 3975 Sq. Ft.	$1,562,942
1481 Ocean Pearl Road, Corolla, NC 10 Beds \| 10 Baths \| 5920 Sq. Ft.	$2,116,688
1467 Ocean Pearl Road, Corolla, NC 6 Beds \| 4.5 Baths \| 4626 Sq. Ft.	$1,646,758
1469 Ocean Pearl Road Lot 12, Corolla, NC 10 Beds \| 10.5 Baths \| - Sq. Ft.	$3,413,568
1487 Ocean Pearl Road Lot 5, Corolla, NC 18 Beds \| 13 Baths \| - Sq. Ft.	$2,335,304

Address	Redfin Estimate
1469 Ocean Pearl Road, Corolla, NC 10 Beds \| 10.5 Baths \| 4997 Sq. Ft.	$2,011,320
1473 Ocean Pearl Road, Corolla, NC 9 Beds \| 9.5 Baths \| - Sq. Ft.	$3,277,039
1467 Ocean Pearl Road Lot 1, Corolla, NC 6 Beds \| 4.5 Baths \| - Sq. Ft.	$1,893,566
1481 Ocean Pearl Road Lot 0008, Corolla, NC 10 Beds \| 11 Baths \| - Sq. Ft.	$2,298,452
1495 Ocean Pearl Road, Corolla, NC 17 Beds \| 19.5 Baths \| 13656 Sq. Ft.	$5,728,061

Property information provided by OBMLS when last listed in 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27927, NC

Sale history for 1487 Ocean Pearl Rd Lot

Tax history for 1487 Ocean Pearl Rd Lot

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27927

Home values near 1487 Ocean Pearl Rd Lot

More real estate resources