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502 Magnolia Way , Lot 31

Corolla, NC 27927
  • $865,000
  • STATUS: Closed
  • ON SITE: 66 Days
  • MLS #: 131429
Sold - 03/12/2026
$865,000
SOLD - 03/12/2026
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1997
County:

School Ratings & Info

Description

Set on the soundfront in The Currituck Club’s Magnolia Bay community, this 4-bedroom (two en suite), 3.5-bath home offers approximately 2,895 square feet of living space with sweeping sound views and unforgettable sunsets. The floor plan is more open than most Magnolia Bay homes, allowing light and water views to carry naturally through the main living areas, kitchen, and dining spaces. Cathedral ceilings, generous room sizes, and multiple dining areas create a home that lives comfortably while staying closely connected to the soundfront setting. The property has been rented only sparingly and is presented in pristine, turn-key condition. Recent improvements include a newer roof, HVAC systems, hot tub, and water heater. The ground level makes a strong first impression, with a large entryway and open sightlines that immediately draw the eye to the sound beyond. Heated ceramic tile flooring runs throughout this level, a rare and valuable feature that enhances year-round comfort and usability. The main level serves as the heart of the home, where openness and views take center stage. A spacious living area with cathedral ceilings and a gas fireplace is framed by expansive windows that capture broad sound views and vibrant sunsets. Deck access extends the living space outdoors and reinforces the home’s connection to its waterfront setting. The kitchen is both functional and inviting, featuring stainless-steel appliances, granite countertops, and ample cabinetry, all complemented by sound views. The breakfast nook and bar seating offer a relaxed, casual dining space overlooking the water, while the dedicated dining room provides a more formal setting for gatherings. Also on this level is a generously sized primary en suite with beautiful sound views. A custom-tiled gas fireplace adds warmth and architectural interest to the bedroom, while the private bath- finished with custom tile, a separate shower, and a jetted tub- along with a walk-in closet, completes a true retreat. A laundry/pantry room and conveniently located half bath complete this floor without interrupting the home’s open flow. The upper level offers three additional spacious bedrooms, including a second en suite with sound views and a distinctive double-sided fireplace shared between the bedroom and the private bath. Two additional guest rooms share a full hall bath, creating a comfortable and practical arrangement for family and guests. Outdoor living is a defining feature of the home. The soundfront sun deck offers panoramic water views, dramatic sunsets, and expansive night skies ideal for stargazing. A private hot tub invites evening relaxation, while the adjacent patio provides additional space for dining, gathering, or enjoying time outdoors. Summer days and evenings are especially well suited to this setting, whether entertaining, unwinding, or simply taking in the quiet beauty of the sound. Located near The Currituck Club’s southern gate, the home offers convenient entry and exit and is just moments from the TCC beach access/parking, Magnolia Bay pool, and trolley stop. Guests also enjoy access to golf, pools, tennis, fitness facilities, and concierge services while remaining close to the shops, dining, and attractions of Corolla. With its soundfront setting, open and well-designed floor plan, strong water views throughout the home, and exceptional condition, this property checks every box buyers seek in a primary residence or second home. While it has been rented only sparingly, opening the calendar could unlock meaningful vacation income potential. Combined with its location, views, features, and access to The Currituck Club’s amenities, this home offers long-term value and versatility in one of Corolla’s most desirable communities.

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© 2026 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Keller Williams Outer Banks. Data last updated: 2026-03-15T09:37:39.947.
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502 Magnolia Way , Lot 31 Corolla, NC 27927

  • Price: $889,000
  • Status: Closed
  • On Site: 66 Days
  • Updated: 24 min ago
  • MLS #: 131429
4
Beds
3
Baths
1
½ Baths
N/A
Acres
1997
Built
Neighborhood:
Tcc-Magnolia Bay
County:
Currituck
Area:
Corolla Westside
Property Description
Set on the soundfront in The Currituck Club’s Magnolia Bay community, this 4-bedroom (two en suite), 3.5-bath home offers approximately 2,895 square feet of living space with sweeping sound views and unforgettable sunsets. The floor plan is more open than most Magnolia Bay homes, allowing light and water views to carry naturally through the main living areas, kitchen, and dining spaces. Cathedral ceilings, generous room sizes, and multiple dining areas create a home that lives comfortably while staying closely connected to the soundfront setting. The property has been rented only sparingly and is presented in pristine, turn-key condition. Recent improvements include a newer roof, HVAC systems, hot tub, and water heater. The ground level makes a strong first impression, with a large entryway and open sightlines that immediately draw the eye to the sound beyond. Heated ceramic tile flooring runs throughout this level, a rare and valuable feature that enhances year-round comfort and usability. The main level serves as the heart of the home, where openness and views take center stage. A spacious living area with cathedral ceilings and a gas fireplace is framed by expansive windows that capture broad sound views and vibrant sunsets. Deck access extends the living space outdoors and reinforces the home’s connection to its waterfront setting. The kitchen is both functional and inviting, featuring stainless-steel appliances, granite countertops, and ample cabinetry, all complemented by sound views. The breakfast nook and bar seating offer a relaxed, casual dining space overlooking the water, while the dedicated dining room provides a more formal setting for gatherings. Also on this level is a generously sized primary en suite with beautiful sound views. A custom-tiled gas fireplace adds warmth and architectural interest to the bedroom, while the private bath- finished with custom tile, a separate shower, and a jetted tub- along with a walk-in closet, completes a true retreat. A laundry/pantry room and conveniently located half bath complete this floor without interrupting the home’s open flow. The upper level offers three additional spacious bedrooms, including a second en suite with sound views and a distinctive double-sided fireplace shared between the bedroom and the private bath. Two additional guest rooms share a full hall bath, creating a comfortable and practical arrangement for family and guests. Outdoor living is a defining feature of the home. The soundfront sun deck offers panoramic water views, dramatic sunsets, and expansive night skies ideal for stargazing. A private hot tub invites evening relaxation, while the adjacent patio provides additional space for dining, gathering, or enjoying time outdoors. Summer days and evenings are especially well suited to this setting, whether entertaining, unwinding, or simply taking in the quiet beauty of the sound. Located near The Currituck Club’s southern gate, the home offers convenient entry and exit and is just moments from the TCC beach access/parking, Magnolia Bay pool, and trolley stop. Guests also enjoy access to golf, pools, tennis, fitness facilities, and concierge services while remaining close to the shops, dining, and attractions of Corolla. With its soundfront setting, open and well-designed floor plan, strong water views throughout the home, and exceptional condition, this property checks every box buyers seek in a primary residence or second home. While it has been rented only sparingly, opening the calendar could unlock meaningful vacation income potential. Combined with its location, views, features, and access to The Currituck Club’s amenities, this home offers long-term value and versatility in one of Corolla’s most desirable communities.
Exterior Features

Architectural Style CoastalCottage Construction Materials FrameWood Siding Electronic Locks Leased Exterior Cement Fiber Board Foundation Details Short Pilings Garage 1 CarAttached Garage Sq Ft 354 Parking Features Off StreetPaved Pool Yes Pool Features AssociationIn GroundOutdoor Pool Pool Type Association Roof Asphalt

Interior Features

Appliances DryerDishwasherMicrowaveRefrigerator w/Ice MakerRange/OvenWasher Cooling Heat Pump Countertops Granite Flooring CarpetCeramic Tile Furnishings Available YN Yes Heating ElectricHeat Pump Interior Features Cathedral Ceiling(s)Pantry Room Type Breakfast NookFoyer

Property Features

Assoc Fee YNOr Voluntary Yes Association Amenities ClubhouseGatedGolf CourseFitness CenterOcean AccessOutdoor-Comm. PoolOutdoor-Comm. TennisPlaygroundBoard WalkCommon Area Association Fee Includes ElectricityCommon InsuranceMaintenance GroundsManagementPoolRoad MaintenanceSecurityTennis CourtsWalkways Bank Or Institution Owned No Buyer Financing CashConventional Extras Ceiling Fan(s)Covered DecksGarage Door OpenerHot TubJet TubLandscapedLawn SprinklersOutside LightingPatioSmoke Detector(s)Sun DeckDry EntryInside Laundry Room Flood Insurance 1075 Fuel Tanks Leased Lease Terms Weekly Listing Terms Jumbo Loan Lot Features Cul-De-SacWaterfront Primary Residence YN No Property Sub Type Single Family Residence Road Surface Type PavedPrivate Sale Or Rent S Sewer Shared Septic Short Sale YN No Tax Annual Amount 3928 Tax Year 2025 View Sound Water Source Municipal Waterfront Features Soundfront Zoning SFO

Listing courtesy of The Myatt Group Team of Keller Williams - Outer Banks: .


© 2026 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Keller Williams Outer Banks. Data last updated: 2026-03-15T09:37:39.947.
 
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