1038 Corolla Dr, Corolla, NC 27927
Property image
Property image
FOR SALE
OPEN FRI, 10-12PM
0.46 ACRES

$1,900,000

  • 8 Beds
  • 10 Baths
  • 4,591 sqft (on 0.46 acres)

1038 Corolla Dr, Corolla, NC 27927

Est. Mortgage $10,551/mo*
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Home Highlights

Single-Family Home
Built in 2026
0.46 acre lot
$414/sqft

Local Information

  • Map ViewExplore the area around 1038 Corolla Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

LUXURY NEW CONSTRUCTION + PROJECTED $178,000 IN ANNUAL RENTAL INCOME! Construction is underway now on this impressive 8 BEDROOM, 8 FULL + 2 HALF BATH Corolla retreat, with estimated completion in SPRING 2027. Just in time for next rental season!

Designed from the ground up with the vacation rental market in mind, this home combines the features guests want with the finishes today's buyers expect. EVERY BEDROOM HAS ITS OWN PRIVATE BATH, creating a true suite-style experience and making the home ideal for large families and vacation groups.

Inside, luxury meets low-maintenance living with QUARTZ COUNTERTOPS THROUGHOUT, TILE SHOWERS, LVP FLOORING, MULTIPLE FIREPLACES and an ELEVATOR providing easy access between levels. The spacious layout offers plenty of room to gather, relax, and entertain, while still giving everyone their own private space.

And this home was made for FUN! The outdoor living area will feature a PRIVATE POOL, HOT TUB, TURF GAMING AREA, AND TIKI BAR, while inside, the GAME ROOM gives guests another place to gather and unwind. Best of all, the home will be SOLD FULLY FURNISHED, making it truly turnkey.

This is your opportunity to own a brand-new luxury Outer Banks home without taking on the time and expense of designing and building one yourself. Imagine being able to enjoy your new beach house without maintenance worries! Get in early and watch your new beach house come to life!

ASK ABOUT OUR 6-BEDROOM THAT IS AVAILABLE TO VIEW UNTIL 9/12 TO SEE SIMILAR FINISHES.
Last check for updates: about 9 hours ago
Listing courtesy of Tammy R Russell, (252) 489-8054
Keller Williams Outer Banks KDH
Source: OBAR, MLS#133694
Also Listed on OBAR.

Open House

Friday, September 11
10:00 AM to 12:00 PM

Home Details for 1038 Corolla Dr

Interior Features

Interior Details
Wet Bar
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 10Number of Bathrooms (full): 8Number of Bathrooms (partial): 2
Dimensions and Layout
Living Area: 4591 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine CoolerDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Electric,Forced Air,Heat PumpHas CoolingAir Conditioning: Central Air,Heat Pump,ZonedHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Floors: Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Pillar/Post/PierHas a Private Pool
Parking & Garage
No GarageParking: Paved,Off Street
Pool
Pool: Outdoor Pool, In Ground, Fiberglass, PrivatePool
Frontage
Waterfront: More than 5th rowRoad Frontage: PublicRoad Surface Type: Paved

Days on Market

Cumulative Days on Market: 29Days on Market: 30

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Reverse Floor Plan,Coastal
Building
Construction Materials: Wood Siding

Price & Status

Price
List Price: $1,900,000Price Per Sqft: $414
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: (10) Active - Active

Location

Direction & Address
City: CorollaCommunity: Whalehead Club

Agent Information

Listing Agent
Listing ID: 133694

Building

Building Area
Building Area: 4591 Square Feet

HOA

Has an HOA

Lot Information

Lot Area: 0.46 acres

Documents

Disclaimer: Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Business Information
Ownership: Owned 12 Months or less

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 133694

Additional Information

HOA Amenities: Ocean Access,Common Area

What Locals Say about Corolla

At least 23 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 76 % Say kids play outside

  • 75 % Say parking is easy

  • 75 % Say people would walk alone at night

  • 72 % Say it's quiet

  • 71 % Say yards are well-kept

  • 61 % Say there's holiday spirit

  • 56 % Say there's wildlife

  • 55 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to restaurants

  • 45 % Say there are sidewalks

  • 41 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 36 % Say neighbors are friendly

  • 26 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Samantha Miller
    "Remote commute have to drive by 4x4 on the beach there is no way to drive by small car whatsoever I would say"
  • Maria A.
    "We are visitors to the area for vacationing. Traffic is much with one road in and one road out during the in season. Out of season is a blessing."
  • Jengraham27
    "This is mostly a rental community on the beach. There are lots of fun things to rent like bikes and water sports toys. "
  • Gretahipps
    "Always something going on. Each holiday or school lemon aid stand. Yoga on the lawn. Trunk or treat. Lighthouse climb. Beach clean up or locals night at the beer garden. Potluck church or open house at the whalehead Club"
  • Kristina_k_79
    "It’s a great place for dogs but make sure they are on a leash. The sidewalks are nice and the roads are nice just to make sure you bring something to pick up your dog Pooh. And when crossing the streets make sure you look for cars with your animals because you have to cross the street a couple times to get to the beach"
  • Starmanwb
    "This is the most desirable neighborhood you could ask for. It is the historic Village of Corolla. So quaint, so unique and well done. Historic lighthouse, sand roads, cute shops and fabulous neighbors as well as a great beach make this place so special."
  • Jonathon_robertson
    "I like it...it is safe and it’s a quiet community...clean beaches and lots of restaurants and things to do in area"
  • obxtkn2
    "It is one of my favorite areas in the country, beautiful and relaxing with plenty of things to do if you're not content to just hang on the beautiful beach all day--Wonderful!"
  • Twalkerw
    "Relatively quiet except for the middle of summer, this area is a little harder to get to, which keeps the crowds and strip malls away for the most part. The beaches are great, it's very safe, there are all types and varieties of houses for rent, there is planty to do and many great restaurants in the area."
  • Lisa
    "We've been taking the family here for 9 years and finally bought our own place here, that's how much we like it. I don't know about the schools since it's a vacation place. The traffic is tough on the weekends but that's about the only negative thing I can think of. "

Market trends in Corolla

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$930K
$8K
MoM
Sale-to-List Price
97.6%
0.7%
MoM
Price per sq ft
$362
$3
MoM
Available listings
174
31
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$980,000
06/18/26
8
9
4,541
0.14
Single-Family Home
$1,270,000
10/20/25
6
6
3,500
0.14
Single-Family Home
$1,270,000
10/20/25
6
5.5
3,500
0.34
Single-Family Home
$1,005,000
06/19/26
8
7
3,681
0.05
Single-Family Home
$857,000
01/30/26
5
5
2,588

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$958,500
6
4
2,730
Off Market
0.05
$857,000
5
4
2,588
Recently Sold
0.00
$1,848,500
-
-
-
Off Market
0.06
$320,000
-
-
-
Recently Sold
0.04
$696,800
4
4
-
Off Market
0.05
$601,800
3
3
-
Off Market
0.06
$375,000
-
-
-
Recently Sold
0.09
$1,171,400
8
5
4,333
Off Market
0.08
-
-
-
-
Off Market
0.06
$579,000
4
4
1,991
For Sale
0.04
$642,300
4
4
1,968
Off Market

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: OBAR #133694
Listed For Sale
$1,900,000
Oct 13, 2006
Source: N/A
Sold
$20,000

LGBTQ Local Legal Protections

Tammy R Russell, Keller Williams Outer Banks KDH
Agent Phone: (252) 489-8054
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 1038 Corolla Dr

  • What is the estimated monthly payment for 1038 Corolla Dr?
    Based on a $1,900,000 list price with 20% down at today's rates, the estimated monthly payment for 1038 Corolla Dr is approximately $10,780 (about $9,977 principal & interest, $728 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1038 Corolla Dr compare to homes in Corolla?
    1038 Corolla Dr is listed at $1,900,000, about 104% above the $930K median sale price in Corolla.
  • What do residents say about Corolla?
    Residents describe Corolla, NC as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Corolla, NC.
  • What are the closest schools to 1038 Corolla Dr?
    The closest schools to 1038 Corolla Dr are Currituck County High (rated 4/10), Currituck County Middle (rated 5/10), Knotts Island Elementary (rated 9/10).
  • Does 1038 Corolla Dr have air conditioning?
    Yes, 1038 Corolla Dr has air conditioning.
  • Does 1038 Corolla Dr have a pool?
    Yes, 1038 Corolla Dr has a pool.
1038 Corolla Dr, Corolla, NC 27927 is a 8 bedroom, 10 bathroom, 4,591 sqft single-family home built in 2026. This property is currently available for sale and was listed by OBAR on Aug 10, 2026. The MLS # for this home is MLS# 133694.