540 Trolling Ln, Corolla, NC 27927
Property image
Property image
OFF MARKET

540 Trolling Ln
Corolla, NC 27927

  • 4 Beds
  • 5 Baths
  • 2,950 sqft

$747,100

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $4,139/mo*

$747,100

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $4,139/mo*
4 Beds
5 Baths
2,950 sqft

Local Information

  • Map ViewExplore the area around 540 Trolling Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1988
Living Area
2,950 sqft
Price/Sqft
$253

Description

This DUPLEX on a large lot, located in Ocean Sands (section D) of Corolla, provides endless cash flow generating options for buyers! Each side of the duplex consists of two bedrooms, each with their own full bathroom and another half bathroom located on the main level. Both sides boast full kitchens with eat in dining area, and their own washer/dryer located on the main living level. North unit currently has a long- term renter on a month-to-month lease, providing flexibility to new owners. South unit has new paint on the interior, new deck rails, and kitchen is currently in the process of being updated (new cabinets, new sliding door to deck, new flooring and new countertops - note: pictures are pre-reno). Bring your offer now and pick your own countertops! Both units have been regularly maintained with recent roof replacement, siding replacements (Hardi-plank) and twice a year scheduled maintenance on the HVAC systems. Ocean Sands Section D is a great neighborhood with community tennis courts, three beach access ramps, Corolla Ocean Rescue stand with lifeguards from Memorial Day through October, and wide, uncrowded beach even at the height of the summer. Section D is also a one-minute drive by car or a short bike ride on the Corolla Bike Path to the Currituck Club for golf and The Shops at the Currituck Club shopping center with a large Harris Teeter grocery store and fine and casual dining venues. **Sellers willing to pay negotiated commission to buyers agents** Showings by appointments only.
540 Trolling Ln, Corolla, NC 27927 is a 4 bedroom, 6 bathroom, 2,950 sqft multi-family built in 1988. It last sold for $446,000 on Apr 6, 2021. It is currently off market. The Trulia Estimate is $747,100, with a rent estimate of $2,808/month.

Home Details for 540 Trolling Ln

Interior Features

Heating & Cooling
Heating: Heat Pump, Other, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl
Interior Details
Additional StorageAtticTypes of Rooms: Walk In Closet, Breakfast Nook, Family Room, Laundry Room, Master Bath, PantryStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: PilingLawn
Parking & Garage
Parking Spaces: 6Parking: Carport, Off Street

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Multi FamilyArchitecture: Colonial

Community

Units in Building: 2

Building

Fitness & Sports
Tennis Court

Price History for 540 Trolling Ln

DatePriceEventSource
04/06/2021$446,000Sold
N/A
12/13/2020$499,999PendingN/A
12/03/2020$499,999PriceChange
N/A
11/01/2020$509,999Listed For SaleN/A

Market trends in Corolla

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$938K
$88.33K
MoM
Sale-to-List Price
97.0%
Price per sq ft
$359
$4
MoM
Available listings
205
12
MoM
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Property Tax and Assessment

Year2024
Tax$5,078
Assessment$430,900
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 540 Trolling Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 540 Trolling Ln

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Off Market Homes Near 540 Trolling Ln

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