Address
1511 Catesbys Run, Corolla, NC
Price
$ 475,000
Property Attributes
  • MLS#132063
  • TypeLand
  • Listing Status Active
  • CountyCURRITUCK
  • CityCorolla
  • Area4-Wheel Drive Area
  • NeighborhoodCatesbys Watch
  • Zip27927
  • StyleResidential
  • Taxes$ 2081
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Outer Banks MLS (OTBMLS)
Property Description

Commanding a rare and impressive 3.25 acres with over 125 feet of direct Atlantic Ocean frontage, this premier parcel represents the "Crown Jewel" of this exclusive five-lot subdivision. Originally hand-selected by the developer for its superior scale and positioning, the property offers a level of privacy and potential that is hard to find elsewhere in the Corolla off-road area. While most oceanfront offerings in the 4x4 territory are confined to standard 2/3-acre footprints, this expansive estate provides ample room to build within the coveted X Flood Zone. This low-risk development area offers significant advantages for construction and long-term insurance, making it an ideal canvas for a world-class luxury retreat or a high-performance vacation rental. The investment value is further solidified by the inclusion of an adjacent western open-space parcel, conveyed with the sale to serve as a permanent privacy buffer. This unique configuration ensures that your natural surroundings remain undisturbed and your sanctuary is protected from future development. Whether you envision a multi-generational family compound or a sprawling, high-occupancy coastal estate, the property’s depth and acreage allow for a grand design that captures the first light of the Atlantic sunrise and expansive, 360-degree coastal vistas. Located just two miles up the beach—the perfect "sweet spot" of seclusion and convenience—the land is a frequent haven for the legendary wild horses. Recently surveyed and aggressively priced to reflect its outsized acreage and development flexibility, this is a rare opportunity to own a significant piece of the North Carolina coastline where the pavement ends and the legacy begins.

Price History
3/8/2026 Listed $549,900
9/9/2026 14$475,000

General Features

Zoning SFR
Subdivision Catesby's Watch
County Currituck
Class LOTS/LAND
Type Residential
Area 4-Wheel Drive Area
Ownership Owned More than 12 Months
Waterfront Features 1
Status Active
HOA No
City Corolla
Taxes 2081.34
DOM 195
Flood Zone Cobra,VE,X

Exterior Features

Waterfront Location Oceanfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 27927

Price
AVG $200K
$480K
Taxes
AVG $630
$2,081
Visits
AVG 81
101
Data Provided by Inside Real Estate®