502 Magnolia Way, Lot 31 Corolla, NC 27927
4 Beds
4 Baths
2,894 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,894 sqft
Price per Sqft $307
Subdivision Tcc-Magnolia Bay
MLS Listing ID 131429
Style Coastal,Cottage
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1997
Tax Year 2025
Property Sub-Type Single Family - Detached
Property Description
The ground level makes a strong first impression, with a large entryway and open sightlines that immediately draw the eye to the sound beyond. Heated ceramic tile flooring runs throughout this level, a rare and valuable feature that enhances year-round comfort and usability. The main level serves as the heart of the home, where openness and views take center stage. A spacious living area with cathedral ceilings and a gas fireplace is framed by expansive windows that capture broad sound views and vibrant sunsets. Deck access extends the living space outdoors and reinforces the home's connection to its waterfront setting. The kitchen is both functional and inviting, featuring stainless-steel appliances, granite countertops, and ample cabinetry, all complemented by sound views. The breakfast nook and bar seating offer a relaxed, casual dining space overlooking the water, while the dedicated dining room provides a more formal setting for gatherings. Also on this level is a generously sized primary en suite with beautiful sound views. A custom-tiled gas fireplace adds warmth and architectural interest to the bedroom, while the private bath- finished with custom tile, a separate shower, and a jetted tub- along with a walk-in closet, completes a true retreat. A laundry/pantry room and conveniently located half bath complete this floor without interrupting the home's open flow.
The upper level offers three additional spacious bedrooms, including a second en suite with sound views and a distinctive double-sided fireplace shared between the bedroom and the private bath. Two additional guest rooms share a full hall bath, creating a comfortable and practical arrangement for family and guests.
Outdoor living is a defining feature of the home. The soundfront sun deck offers panoramic water views, dramatic sunsets, and expansive night skies ideal for stargazing. A private hot tub invites evening relaxation, while the adjacent patio provides additional space for dining, gathering, or enjoying time outdoors. Summer days and evenings are especially well suited to this setting, whether entertaining, unwinding, or simply taking in the quiet beauty of the sound.
The home's location within The Currituck Club further enhances its appeal. Positioned near the southern gate, it offers convenient access in and out of the community and is just moments from the Magnolia Bay pool and trolley stop. Owners and guests enjoy access to golf, pools, tennis, fitness facilities, beach access, and seasonal trolley service, all while remaining close to the shops, dining, and attractions of Corolla.
With its soundfront setting, open and well-designed floor plan, strong water views throughout the home, and exceptional condition, this property checks every box buyers seek in a primary residence or second home. While it has been rented only sparingly, opening the calendar could unlock meaningful vacation income potential. Combined with its location, views, features, and access to The Currituck Club's amenities, this home offers long-term value and versatility in one of Corolla's most desirable communities.
Location
State NC
County Currituck
Area Corolla Westside
Zoning SFO
Interior
Interior Features All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, 1st Flr Ensuite
Heating Electric, Heat Pump
Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Exterior
Exterior Feature Cement Fiber Board
Parking Features Attached, 1 Car
Pool Outdoor, In Ground, Association Pool
Waterfront Description Soundfront
View Y/N Yes
View Sound
Roof Type Asphalt/Fiber Shingle
Private Pool Yes
Building
Lot Description Cul-de-sac, Water Frontage
Foundation Short Pilings
Sewer Community Septic
Water Municipal
Others
Ownership Owned More than 12 Months
Virtual Tour https://unbranded.youriguide.com/502_magnolia_way_corolla_nc/
