Residential

475 Island Lead Road, Corolla

$1,450,000.00

Bedroom 6 bedrooms
Full Bathroom 5 full baths
Half Baths 1 half bath

  • MLS #: 134395
  • Status: Active
  • Address: 475 Island Lead Road, Corolla, NC 27927
  • Date Listed: 10/16/2026
  • Days on Market: 0
  • Acres: 0.77
  • Stipulations: No
  • Subdivision: Pine Island Pud

Location Location

Agent Comments Agent Comments
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!

Amenities Amenities
  • 2nd Refrigerator
  • Dryer
  • Dishwasher
  • Ice Machine
  • Microwave
  • Refrigerator
  • Range/Oven
  • Washer

Interior Features Interior Features
  • Cool System: Central, Heat Pump, Zoned
  • Heat System: Central, Heat Pump
  • Floors: Hardwood, Luxury Vinyl Plank, Tile
  • Interior: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Wet Bar
  • Amenities: Clubhouse, Outdoor-Comm. Pool, Pickleball Court
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Off Street, Paved
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Cement Fiber Board, Wood
  • Waterfront Features: 2 - lots from oceanfront (3rd row
  • Sewer/Septic: Community Septic
  • Approximate Lot Size: 0
  • Foundation: Piling, Slab
  • Garage Description: Carport
  • Pool Description: Association Pool, Gunite, In Ground, Outdoor, Private Pool
  • Lot Description: Cul-de-sac, Level
  • Roads: Paved, Private
  • Style: Coastal
  • View Description: Ocean
  • Water Access: Municipal

Additional Features Additional Features
  • County: Currituck
  • Property Type: Single Family - Detached
  • Year Built: 1997
  • HOA Fee Required: Yes
  • HOA Fee: 3200
  • HOA Includes: Management, pool, Road Maintenance, Tennis Courts, Walkways
  • Is an REO: No
  • Bill of Sale: Yes
  • Bill of Sale Amount: 1
  • Construction: Frame, Wood
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Optional Rooms: Foyer, Game Room, Pantry, Utility Room
  • Original Price: 1450000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 6385.55
  • Tax Year: 2025

Seller's Representative: Kathie Hogg, Coldwell Banker Seaside Realty KH
Logo
Copyrighted 2026 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. 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. All data is deemed reliable but is not guaranteed accurate.