Aulegre Real Estate Team

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1131 Franklyn Street, Corolla, NC 27927

 (Sold on )

$2,475,000

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 5 BedroomBeds
  • 7 BathroomBaths
  • 3,812Sqft
  • 0Acres
  • Single FamilyType
  • 134615MLS#
-1 More Schedule

Property Description

COROLLA OCEANFRONT ELEGANCE! Lovingly cared for by its original owner, this oceanfront Corolla Light family beach home is kept to a standard one rarely sees. From the curb, this 3800 square foot home, built by legendary contractor David Stormont, beckons visitors up the front steps to a covered porch, with the Currituck Lighthouse standing in the distance. Inside, Carolina sunshine pours through arched ocean-facing windows. Youre on vacation before youve set down your bags. Starting on the ground level, a dry entry handles sandy feet and wet towels, leading to a convenient full bath, and then opens to a gracious tv den and is large enough to cleverly double as a sixth bedroom that sleeps four. Out back, the hot tub sits in a lattice-enclosed patio, with more shaded outdoor living under the house, two levels of sun and shade decks that link to the elevated wood deck walkway which leads to the beach. Private beach access is shared with two neighboring houses. The middle level holds four bedrooms, each with a private bath, plus the laundry and a covered front entry that opens to a 2-story foyer with grand staircase finished with glass finials. The top level is where the house really shows off. Banks of windows frame the Atlantic in a vaulted great room. Natural light and serene vistas are a stand out feature from this level. The sun sets through the windows in the kitchen featuring bar-seating island, double wall oven and gas cooktop. The dining table seats a crowd and opens to the deck. A step-up loft is the best spot for morning coffee. The fifth bedroom suite has its own bath and slider onto the ocean facing deck. Corolla Light amenities include indoor and outdoor community pools, indoor and outdoor tennis, pickleball, a health club, a playground, and sound access. Two property management companies estimate gross annual income would be between $180,000 and $200,000. Pride of ownership shows and will be appreciated by the next lucky owner: new roof (2022), HVAC and water heater (2026), fresh interior paint, and new furniture, rugs and bedding throughout. Ask for the complete list of repairs and upgrades.

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Property Details 1131 Franklyn Street, Corolla, NC 27927

Facts & Features

  • MLS #: 134615
  • Status: Active
  • Date Listed: 11/11/2026
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1997
  • Style: Reverse Floor Plan, Coastal
  • Price: $2,475,000
  • Acres: 0.23
  • Area: Corolla Oceanside
  • County: Currituck
  • Subdivision: Corolla Light
  • Bedrooms: 5
  • Bathrooms: 7
  • Full Baths: 6
  • Half Baths: 1
  • Total SqFt: 3,812

Amenities

  • Amenities: Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Parking: Paved
  • Garage Type: Carport
  • View: Ocean
  • Waterfront Type: Municipal
  • Pool: Yes
  • Pool Type: Association

Interior

  • Interior Features: Walk-In Closet(s)
  • Flooring: Ceramic Tile, Wood
  • Appliances: Countertop Range, Dishwasher, Dryer, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

Exterior

  • Exterior Features: Lap Siding
  • Lot Description: Adj. To Common Area
  • Roof: Asphalt
  • Construction: Frame

Additional Information

  • Zoning: SFO

Tax Information

  • Tax: $9,847

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