About This Home

This 6-bedroom, 6-bathroom single family at 475 Island Lead Road in Corolla, NC is listed for $1,450,000 ($418 per sqft). Built in 1997, the home offers 3,466 sqft of living space on a 0.77 acres lot.

Key Features

  • Built in 1997
  • 0.77 acre lot
  • Private pool
  • Fireplace
  • Waterfront

Property Details

5 full, 1 half
1997

Amenities

PoolFireplaceWaterfrontViewHardwoodA/C
Listing Description

REFRESHED AND READY! SIX BEDROOM PINE ISLAND STUNNER JUST TWO LOTS FROM THE BEACH! Welcome to luxury coastal living in one of the Outer Banks most prestigious and sought-after communities. If you know PINE ISLAND, you know this is a premier OBX destination.

Stretching over 3 miles along the coastline, Pine Island is uniquely designed with homes on the oceanside only, offering LARGER LOTS, MORE SPACE ON THE BEACH, and a quieter, more private vacation experience. Some of the most luxurious homes in the Outer Banks call Pine Island home, and this property is no exception!

Known as SPARE TIME, this exceptional home with a private lot is PACKED WITH FUN and designed for making unforgettable vacation memories! Enjoy your own PRIVATE GUNITE POOL, SAND VOLLEYBALL COURT, BASKETBALL HOOP, and INDOOR GAME ROOM! As an added bonus, the community TENNIS COURTS are located directly behind the property, offering even more recreation just steps away!

And with the beach ONLY TWO LOTS AWAY, you'll enjoy OCEAN VIEWS and a quick, easy walk to the sand and surf! Designed to comfortably accommodate LARGE GROUPS, this spacious coastal retreat offers SIX BEDROOMS, including THREE PRIMARY ENSUITES, THREE ADDITIONAL BEDROOMS, FIVE FULL BATHROOMS, and ONE HALF BATH.

The UPDATED KITCHEN opens seamlessly to the family room and dining area, creating the perfect gathering space for entertaining, sharing meals, and spending quality time together. QUALITY AND CHARACTER are evident throughout this home! Beautiful HARDWOOD FLOORS grace the first and third levels, while recently updated LUXURY VINYL PLANK flooring enhances the second level.

Soaring CATHEDRAL CEILINGS and impressive SOLID OAK TRIM, DOORS, AND PANELING add warmth, architectural character, and timeless craftsmanship that set this home apart. Whether you're searching for a LUXURY VACATION RETREAT, an INVESTMENT PROPERTY, or a combination of both, SPARE TIME offers the SPACE, LOCATION, AMENITIES, AND QUALITY to deliver the ultimate Outer Banks experience.

With its exceptional recreational features, proximity to the beach, and coveted PINE ISLAND address, this is a coastal opportunity you won't want to miss!

Monthly Cost Estimate

$10,955/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423
HOA$3,200

Estimates only. Actual payments may vary.

Location

475 Island Lead Road

Corolla, NC 27927

Pine Island Pud

Features & Amenities

Interior Features

9' CeilingsAll Window TreatmentsCathedral Ceiling(s)Cedar Closet(s)Gas ConnectionGas FireplaceEnsuitePantryWalk in ClosetWet Bar

Property Details

Flooring

VinylHardwoodTile

Construction

Frame Wood

Views

Ocean

Pool Features

Pool

Parking

Off Street

Heating

CentralHeat Pump (Heating)

Cooling

Heat PumpCentral AirZoned

Appliances

DishwasherDryerIce MachineMicrowaveRange/OvenRefrigeratorWasher2nd Refrigerator

Questions & Answers

This 6-bedroom, 6-bathroom single family at 475 Island Lead Road is listed at $1,450,000 ($418/sqft). The estimated monthly payment is $10,955 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $3200/month.

Key features include: Built in 1997, 0.77 acre lot, Private pool, Fireplace, Waterfront. Interior Features: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s).

This property is listed by Kathie Hogg.

KH

Kathie Hogg

Agent at Coldwell Banker Seaside Realty

Listed by Coldwell Banker Seaside Realty · Broker phone: (252) 261-3800 · View on Broker Site · Broker website

MLS# 134395· Source: Outer Banks Association of Realtors®· 10 days on PropertySimple

Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

475 Island Lead Road, Corolla, NC 27927

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