1508 Catesbys Run #5
Corolla, NC 27927
Local Information
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Description
Opportunities of this magnitude are standard-defining and incredibly rare. Welcome to one of the most exceptional waterfront parcels available in the legendary Corolla 4x4 area. Spanning over 3 pristine acres within a private 5-lot subdivision, this expansive property offers the ultimate canvas for a world-class coastal estate. Positioned on the southern end of the 4x4 beaches, you are just a short, adventurous drive from the pavement, yet a world away from the everyday hustle.
Bordered to the east by dedicated subdivision open space and to the west by over 200 feet of waterfront, privacy here is absolute. This unique parcel boasts impressive natural elevation, with the homesite situated mostly in the coveted X flood zone—a massive financial and structural advantage for building on the Outer Banks. Positioned perfectly between the elements, a future multi-story dream home is poised to capture the absolute best of both worlds, offering potential sunrises over the Atlantic Ocean to the east and breathtaking, unobstructed sunset views over the marsh islands and the Currituck Sound to the west.
For the water enthusiast, this property is unmatched. With over 200 linear feet of frontage on a navigable creek that flows directly into the Currituck Sound, your backyard is a gateway to world-class kayaking, paddleboarding, skiff boating, and waterfowl watching all while being to a short jump to the Atlantic Ocean. Whether you are looking to build a private family compound, a premier luxury rental investment, or an eco-conscious coastal retreat where the wild horses roam, this parcel delivers a level of exclusivity that cannot be duplicated. This is truly one of the rarest waterfront opportunities in the 4wd area, ready for you to secure a lasting Outer Banks legacy.
Bordered to the east by dedicated subdivision open space and to the west by over 200 feet of waterfront, privacy here is absolute. This unique parcel boasts impressive natural elevation, with the homesite situated mostly in the coveted X flood zone—a massive financial and structural advantage for building on the Outer Banks. Positioned perfectly between the elements, a future multi-story dream home is poised to capture the absolute best of both worlds, offering potential sunrises over the Atlantic Ocean to the east and breathtaking, unobstructed sunset views over the marsh islands and the Currituck Sound to the west.
For the water enthusiast, this property is unmatched. With over 200 linear feet of frontage on a navigable creek that flows directly into the Currituck Sound, your backyard is a gateway to world-class kayaking, paddleboarding, skiff boating, and waterfowl watching all while being to a short jump to the Atlantic Ocean. Whether you are looking to build a private family compound, a premier luxury rental investment, or an eco-conscious coastal retreat where the wild horses roam, this parcel delivers a level of exclusivity that cannot be duplicated. This is truly one of the rarest waterfront opportunities in the 4wd area, ready for you to secure a lasting Outer Banks legacy.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
12 days ago
Home Details for 1508 Catesbys Run #5
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Appliances & Utilities Utilities: Electricity Available |
Gas & Electric Has Electric on Property |
View Has a ViewView: Ocean, Sound, Salt Marsh, Creek/Stream |
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Frontage WaterfrontWaterfront: 2 - lots from oceanfront (3rd row, WaterfrontRoad Surface Type: UnimprovedOn Waterfront |
Water & Sewer Sewer: None |
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Cumulative Days on Market: 2Days on Market: 12 |
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Property Type / Style Property Type: LandProperty Subtype: Residential, Land |
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Price List Price: $399,900 |
Status Change & Dates Off Market Date: Tue May 19 2026Possession Timing: Close Of Escrow |
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MLS Status: (30) Under Contract - Under Contract |
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Direction & Address City: CorollaCommunity: Catesby's Watch |
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Listing Agent Listing ID: 132894 |
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Listing Agreement Type: Exclusive Right To Sell |
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Business Information Ownership: Owned More than 12 Months |
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Mls Number: 132894Projected Close Date: Mon Jul 20 2026Zillow Contingency Status: Under ContractWater ViewWater View: Ocean, Sound, Salt Marsh, Creek/Stream |
Last check for updates: about 3 hours ago
Listing courtesy of Jason E Summerton, (252) 202-0105
Twiddy and Company - Wash Woods
Source: OBAR, MLS#132894

Also Listed on OBAR.
Price History for 1508 Catesbys Run #5
| Date | Price | Event | Source |
|---|---|---|---|
| 05/20/2026 | $399,900 | Contingent | OBAR #132894 |
| 05/19/2026 | $399,900 | Listed For Sale | OBAR #132894 |
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Comparable Sales for 1508 Catesbys Run #5
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.84 | Lot/Land | $165,000 | 09/24/25 | - | - | ||
0.84 | Lot/Land | $165,000 | 09/24/25 | - | - | ||
0.89 | Lot/Land | $180,000 | 07/18/25 | - | - | ||
0.94 | Lot/Land | $90,000 | 10/21/25 | - | - | ||
0.99 | Lot/Land | $67,200 | 09/29/25 | - | - | ||
1.08 | Lot/Land | $75,000 | 07/22/25 | - | - | ||
1.10 | Lot/Land | $22,000 | 02/18/26 | - | - | ||
1.12 | Lot/Land | $27,000 | 02/18/26 | - | - | ||
1.14 | Lot/Land | $115,000 | 06/11/25 | - | - | ||
1.23 | Lot/Land | $65,000 | 03/12/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1508 Catesbys Run #5.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jason E Summerton, Twiddy and Company - Wash Woods
Agent Phone: (252) 202-0105

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.
1508 Catesbys Run #5, Corolla, NC 27927 is a lot/land. This property is currently available for sale and was listed by OBAR on May 18, 2026. The MLS # for this home is MLS# 132894.

