Property listing for 533 Breakers Arch Lot 45, Corolla, NC 27927
ActiveSingle Family Home

$1,749,000

533 Breakers Arch Lot 45, Corolla, NC 27927

Updated 8-Bedroom Ocean Sands South Home — Private Pool & Hot Tub

8 Bed · 8.5 Bath · 4,120 Sq Ft

Three lots from the ocean with strong rental history and turnkey amenities

8

Beds

8.5

Baths

4,120

Sq Ft

2001

Built

0.46 acres

Lot

No garage — under-house parking and driveway

Garage

About 533 Breakers Arch Lot 45

This purpose-built Corolla vacation home sits on a nearly half-acre cul-de-sac lot in the coveted Ocean Sands South community, a quiet enclave known for larger lots and limited public beach access. The reverse-floorplan layout spans approximately 4,120 finished square feet and delivers eight private bedrooms and 8.5 baths — most bedrooms have private baths — a configuration engineered for high-occupancy rentals and large family gatherings.

Step inside to fresh interior paint and luxury vinyl plank flooring that flows through the main entertaining spaces. The top-level great room opens to a bright dining area and a refreshed kitchen featuring quartz countertops and a subway-tile backsplash that complements the coastal palette. Multiple decks on the main level expand the living space outdoors and provide easy guest flow for evening gatherings after the beach.

The middle level hosts four additional master bedrooms, each with a private bath and two with direct deck access. A comfortable den with a wet bar gives guests a second living area adjacent to the pool. Downstairs, the rec room is staged for entertainment with a pool table, lounge seating, a kitchenette and bar — perfect for late-night game play or an overflow of visitors. The lower level also includes two master suites with private baths plus an additional bedroom and full bath for flexibility in guest arrangements.

Outside amenities include a private heated pool with gas heater, a hot tub and a poolside tiki bar complete with a commercial ice machine — features that drive rental demand and per-night ADR. Located just three lots from the ocean and roughly 250 feet from a private beach access, this home offers exceptional proximity without the premiums of direct oceanfront. Recent mechanical and cosmetic updates plus thoughtful rental-oriented layout make this a rare turn-key offering in Corolla.

Contact listing agent Cameron Griggs at Coldwell Banker Seaside Realty KH for details, rental history and to schedule a showing. Short-term rental bookings and 2026 revenue projections are available to qualified buyers.

Home Highlights

3 lots from the ocean (~250 ft to beach access)Private pool with gas heater, hot tub and tiki bar8 bedrooms / 8.5 baths — strong rental layoutNearly half-acre cul-de-sac lot in Ocean Sands SouthRecent interior updates: LVP flooring and fresh paint

Property Features

Interior Features

  • 8 bedrooms, 8.5 bathrooms with multiple en-suite bedrooms
  • Approx. 4,120 sq ft reverse floorplan
  • Fresh interior paint and luxury vinyl plank flooring
  • Open great room and dining area for group entertaining
  • Kitchen updated with quartz counters and subway tile backsplash
  • Den with wet bar; lower-level rec room with kitchenette and pool table

Exterior & Lot

  • Private heated pool (gas heater) and hot tub
  • Tiki bar with commercial ice machine
  • Nearly 0.46-acre cul-de-sac lot (~20,060 sq ft)
  • Multiple decks and outdoor living spaces
  • Driveway and under-house parking; no enclosed garage

Location & Neighborhood

  • Ocean Sands South — larger lots and quieter beaches
  • Approximately three lots from ocean, ~250 ft to beach access
  • Minutes to Corolla shopping, dining and grocery
  • Limited through traffic due to horseshoe cul-de-sac layout

Walkability & Recreation

  • Walkability Rating: 28/100
  • Easy beach access — quick walk to private access path
  • Close to sound- and ocean-side recreation, fishing and local attractions

Neighborhood & Location

Ocean Sands South in Corolla is one of the Outer Banks’ more desirable residential pockets owing to larger parcel sizes, limited through-traffic and fewer public access points that translate into quieter beaches. Properties here are typically elevated coastal wood-frame homes with under-house parking and private amenity packages (pools, hot tubs). Corolla’s retail and dining hubs are a short drive away while the broader OBX offers abundant outdoor recreation and family-focused attractions.

Market Insights

Corolla and the Ocean Sands neighborhoods remain high-demand segments of the Outer Banks market. Limited beachfront-proximate inventory, strong seasonal demand from families and multi-generational groups, and higher per-night rates for fully amenitized homes produce robust revenue for turnkey rental properties. Median sale prices across Corolla have moved upward over the past five years driven by constrained supply and second-home buyers. Inventory in peak seasons is thin; well-maintained, large-bedroom homes with private pools commonly transact at a premium. Buyers should underwrite conservatively for seasonality and account for higher coastal insurance and maintenance costs. This property’s immediate bookings and amenity set position it competitively for summer bookings and repeat rental traffic.

Nearby Schools

Corolla Elementary (Currituck County Schools)

Elementary · Approx 10–20 miles (bus service typical)

6/10

Currituck County Middle School

Middle · Approx 20–25 miles (bus service)

6/10

Currituck High School

High · Approx 20–25 miles

6/10

Walkability & Recreation

28
Walkability
92
Recreation

Excellent access to ocean beaches and coastal recreation. Short walk to private beach access; nearby sound-side fishing and nature areas for year-round outdoor activity.

Investment Highlights

  • Prime Ocean Sands South location — ~3 lots to the ocean and ~250 ft to beach access
  • Eight ensuite bedrooms (8.5 baths) across 4,120 sqft — maximizes rental bedroom count
  • Private pool (gas heated), hot tub and tiki bar — strong added rental revenue drivers
  • Recent interior upgrades: luxury vinyl plank flooring, fresh paint, quartz counters
  • Large ~0.46-acre lot on a cul-de-sac — privacy and guest parking flexibility

Key Findings

  • List price: $1,749,000 (AVM $1,737,706)
  • Square footage: 4,120 sqft; Price/sf ~ $424–$425
  • Lot size: 20,060 sqft (~0.46 acres)
  • Bedrooms/Baths: 8 beds / 8.5 baths — ideal for high-night-count vacation rentals
  • Reported 2026 bookings: $154k+ already on the books with projected >$169k annual income
  • Location: Ocean Sands South — quieter beaches and cul-de-sac lot three lots from the ocean

Things to Consider

  • Septic system present — capacity, maintenance and replacement cost should be inspected
  • Coastal insurance (wind/hurricane/flood) premiums and deductibles may be high — verify current policies
  • Short-term rental revenue is seasonal and sensitive to economic cycles and weather events
  • Limited public data in feed on recent capital expenditures or mechanical system ages

Opportunity Analysis

Acquire a turnkey, high-bedroom-count vacation rental with demonstrated bookings, positioned in a limited-inventory coastal neighborhood. Hold for rental cash flow and longer-term appreciation driven by beachfront proximity and constrained supply.

Potential Use Scenarios

  • Underwrite using conservative occupancy (50–60% annual) and include current management fees, utilities and higher insurance costs.
  • Perform a full due-diligence inspection focusing on septic, pool/heater, HVAC systems and structural elements tied to coastal exposure.
  • Consider a professional rental management agreement in place to preserve revenue; short-term conversion not required — property appears operational.
  • Negotiate based on inspection findings and the comparables in the 12–24 month sale window.

Risk Factors

  • Potentially rising coastal insurance and FEMA/flood map changes
  • Major septic repair or replacement cost
  • Seasonal revenue concentration and off-season carrying costs
  • Regulatory changes to short-term rental rules at county/state level

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1650K

Midpoint

$1750K

High

$1850K

$424/SF estimated price per square foot

65% confidence

Estimate anchored to list price of $1,749,000 and price-per-sf of $425 from the listing. Range derived from recent OBX coastal comparables, rental income strength and lot proximity to ocean access. No live MLS comp pull; values approximate.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$975,000
Avg Days on Market40 days
Inventory3 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)1,200
Median Income (1 mi)$85,000

Corolla/Outer Banks area has seen steady demand for vacation homes; demographic skew toward seasonal residents, retirees and higher-income second-home buyers. Population density is low with seasonal spikes.

Nearby Points of Interest

  • Currituck Beach Lighthouse (approx 6-8 mi)
  • Corolla Village Shopping & Dining (approx 2-4 mi)

Immediate access to private beach access in Ocean Sands South; Corolla retail, grocery and dining within a short drive. Numerous outdoor recreation options including ocean beaches, sound-side boating, and wildlife areas nearby.

School District

DistrictCurrituck County Schools
ElementaryCorolla Elementary (Currituck County) — rating estimate 6/10
MiddleCurrituck County Middle School (Barco area) — rating estimate 6/10
HighCurrituck High School (Barco) — rating estimate 6/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2001
Constructionwood frame (typical coastal elevated construction)
Stories3
Roofasphalt_shingle (likely)
Heatingunknown (likely electric heat pumps/local HVAC units)
Coolingunknown (likely central AC split systems or heat pump)
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.4609 acres (20,060 SF)
Topographylevel
Parkingdriveway_and_offstreet
Parking Spaces6

Utilities

WaterPublic
SewerSeptic Tank
ElectricUnknown (served by local provider - municipal/Co-op)
GasGas for pool heater (likely LP/gas connection); home likely uses electric for appliances

Zoning & Land Use

DescriptionResidential single-family (coastal residential / vacation rental allowed in Ocean Sands South community as typical by Currituck County rules).
JurisdictionCurrituck County

Allowed Uses

Single family residentialAccessory structures (decks, pools, tiki bars) subject to county permitsShort term vacation rental allowed (permits/registrations subject to county regulations)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2026-03-06$1,749,000
2024-10-01$1,599,000
2020-05-14$815,000
2020-03-14$849,000

Are You the Listing Agent?

Claim this property page to feature your contact info, photos, and list price.

Claim This Listing — $49

One-time fee. Your info appears on this page across CompCasa.

Request a Showing

Connect with a licensed local agent in this area.

Request a Showing

Are you a buyer's agent?

Claim ZIP 27927 — $49/yr

Property details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.

Request a Showing