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601 Schooner Ridge #LOT V

Corolla, NC 27927
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Bed 6

Bed

Bath 4

Bath

SqFt2,394

Sqft

Acres0.12

Acre(Lot)

Opportunity abounds at this oceanfront retreat in the sought-after Ocean Sands community of Corolla. This property offers exceptional flexibility, with confirmation that the lot can accommodate a 7-bedroom new construction home with a pool. A site plan has already been engineered and is available in the associated documents. Twiddy's rental projection for a new construction 7-bedroom oceanfront home with a pool ranges from $271,905-$312,406, making this an outstanding investment opportunity. The current 6-bedroom cottage has been cherished by the same family for three generations since 1980. It captures the simple Outer Banks lifestyle of yesteryear, when families would head to the coast for long weekends and summers spent watching children build sandcastles, playing in the waves, and endi ng the day with an outdoor shower, freshly picked crabs on the screened porch, and stargazing by the sea. For those who value the nostalgia of a traditional coastal cottage, this home offers the perfect chance to renovate and enjoy a classic beach retreat. Ideally located beside the community’s beach walkway, the property provides effortless access to the sand and surf just steps from your door. From sunrise views over the Atlantic to quiet walks or bike rides through Corolla’s peaceful streets, the setting embodies the best of coastal living. Nearby attractions include the historic Corolla Village, Currituck Beach Lighthouse, local shops, restaurants, and the famous wild horse tours that make this area so special. Whether you choose to restore the existing home or build anew, this oceanfront property offers endless potential, an unbeatable location, and the timeless appeal of Corolla living. Please note: An older-style metal spiral staircase provides access to the third level and is best suited for those in good health who can comfortably navigate stairs. Current tax records state 4 bedrooms. Owner is working with county to have record updated.

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Detail Ic Property Details

Property Type : Residential

Price : $1,599,000

AD Id : 59240610

MLS Id : 130747

Beds : 6

Lot Size : 0.12 Acre

Living Area Size : 2,394

Year Built : 1980

County : Currituck

Subdivision: Falls Crossing

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Full Baths: 4
  • Heating & Cooling

    Water front: 1

  • Building Information

    Year Built: 1980 Building Area Total: 2394 Patio And Porch Features: Screened Private Pool: No Water front Features: Beach Front, Beach Access, Ocean Front View: Ocean

  • Lot Information

    Lot Size Acres: 0.12 Lot Size Square Feet: 5400 Lot Description: Waterfront

    Property Information

    Subdivision: Ocean Sands Source Property Type: Residential MLS Area Minor: Corolla Oceanside Property SubType: Single Family Residence Property Age: 46

  • Listing Price Information

    Listing Price: $1599000 Original Price: $1699000

  • Tax Information

    Parcel Number: 126A000000V000E Tax Block: NA Tax Year: 2025 Annual Tax: $10996

  • Parking Information

    Paved
    Homeowners Association Information
    Included Fees: Security

  • Location Information

    Direction: Take North Carolina Hwy 12 N. From North Carolina Hwy 12 N, turn onto Schooner Ridge Rd for 0.2 mi. Schooner Ridge Rd turns right and becomes Schooner Ridge Ct. 601 Schooner Ridge is the last oceanfront home before the road turns again and becomes Mainsail Lane. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
653E Sand And Sea Court.., Corolla, NC, 27927 $473,500 3 3 1,857 1,857 SqFt
440 Myrtle Pond Road #L.., Corolla, NC, 27927 $999,000 5 4.5 2,279 2,279 SqFt
455 Pipsis Point Road #.., Corolla, NC, 27927 $3,150,000 7 5.5 4,695 4,695 SqFt
470 Pipsis Point Road #.., Corolla, NC, 27927 $1,999,999 7 5.5 4,286 4,286 SqFt
448 Myrtle Pond Road #L.., Corolla, NC, 27927 $1,150,000 5 4.5 2,595 2,595 SqFt
473 Island Lead Road #L.., Corolla, NC, 27927 $1,366,250 6 5.5 3,184 3,184 SqFt
521 Meadow Lane #LOT 70, Corolla, NC, 27927 $549,000 3 2.5 2,118 2,118 SqFt
512 Meadow Lane #LOT 58, Corolla, NC, 27927 $720,000 3 2.5 1,804 1,804 SqFt
550 Ocean Trail #LOT 131, Corolla, NC, 27927 $799,500 3 2.5 2,298 2,298 SqFt
559 Hunt Club Drive #LO.., Corolla, NC, 27927 $1,375,000 5 5 4,690 4,690 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Outer Banks Association of REALTORS®. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Outer Banks Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/05/2026 @ 10:42

MLS: 130747 LISTED BY: Briann Mehfoud, Twiddy and Co. - Duck SOURCE: Outer Banks Association of REALTORS

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