Skip to main content

Closed

601 Wave Arch

Corolla, NC 27927 · Currituck County

Sold August 24, 2026
$1,800,000
Listed at $1,999,900
$1,800,000Currituck County (Unincorporated)$1M+WaterfrontClosed
1800000
WaterfrontPrice Reduced
6 Bedrooms
7 Bathrooms
3,870 Sq.Ft.
Built in 1998
Waterfront Property1 FireplaceJ.P. Knapp Early College District

About This Property

Located in the highly sought-after community of Ocean Sands, this exceptional oceanfront property is a rare find. Beautifully furnished in a classic New England nautical theme, the home features a reverse-style floor plan that maximizes ocean views. The top level showcases an inviting living area, where the well-appointed kitchen, spacious dining area, and living room seamlessly flow together. It is ideal for gathering, entertaining, and relaxing. The home offers six bedrooms, six full bathrooms, and one half bathroom, with five of the bedrooms as en-suites. Aden area is located on the middle level, and a large game room with a kitchenette completes the ground floor. Enjoy the outdoors and take in the breathtaking oceanfront views from the home's deck spaces. The property also includes a hot tub, an outdoor shower, a patio area, and a carport. The homeowners have carefully maintained the home. Updates include: hot tub replaced (2025); HVAC system replaced (2024, 2020);exterior painted (2024); dishwashers replaced on the top level (2024); select windows replaced (2023, 2019); kitchen appliances replaced (2021, 2019); top-level flooring replaced with LVP (2021); middle- and bottom-level carpeting replaced (2021); kitchen cabinets refaced with new hinges (2020); kitchen countertops and sink replaced (2020); roof shingles replaced (2020); and Trex decking added (2019).

Price History & Market Timeline

Original List Price$1,999,900
Current List Price (Price Reduced)$1,800,000Reduced by $199,900

Property Details

SubdivisionOcean Sands
TypeSingle Family Residence
Living Area3,870 sq ft
Full Baths6
Half Baths1
Lot Size0.000 acres
HOA Dues$1,910 / annually
Year Built1998
Total Rooms3
Fireplaces1
WaterfrontYes
Waterfront FeaturesDeeded Waterfront
Parcel126a0000049000o

Location & Neighborhood Intelligence

Get Directions to This Home

Distance to Key Places (straight-line)

Coastal & Environmental Information

Properties in northeastern North Carolina near coastal waters may be subject to Coastal Area Management Act (CAMA) regulations, or specific flood zone designations. Buyers are advised to independently verify setback rules, elevation certificates, and flood insurance requirements with licensed surveyors, engineers, and insurance professionals.

Interior & Exterior

FlooringLVT/LVP, Carpet, Tile
HeatingElectric, Heat Pump
CoolingCentral Air
RoofShingle
ConstructionShake Siding, Wood Frame
ParkingOn Site, Paved, Underhouse

Interior Features

Entrance FoyerKitchen IslandFurnishedHot TubReverse Floor PlanWet BarBlinds/Shades

Exterior Features

Outdoor Shower

Schools

ElementaryJarvisburg Elementary
MiddleCurrituck County Middle
High SchoolJ.P. Knapp Early College

Tax & Assessment

Assessed Value$1,228,800
Annual Tax$13,877 (2025)
Monthly Tax Est.$1,156/mo
Hyper-Local Buyer Tool

Currituck True Cost of Ownership Calculator

Calculate your actual monthly carrying cost — the countywide Currituck tax, your own flood insurance quote, and a waterfront maintenance reserve. Special service district rates are not included; pull the parcel's tax card for those.

$1,999,900
5%

Tap a marker for the exact program, or drag freely for any other amount. Snaps to 0% (USDA/VA), 3.5% (FHA), 5% (Conventional) and 20% (no PMI).

Local Tax & Municipal Variables
Currituck County TaxCurrituck County charges $0.60 per $100 of assessed value, effective July 1, 2026. Special service district rates (fire, drainage, stormwater, water and sewer) are added on top for many parcels and are not included here. Verify with the Currituck County Tax Department.
Active
No town tax anywhere in this countyCurrituck County has no incorporated municipalities, so no parcel pays a municipal rate. Some parcels do sit in special service districts — fire, drainage, stormwater, water and sewer, solid waste — which add to the county rate and are not modelled here.
N/A
Adds a $150/mo planning reserve for dock, pier, bulkhead and salt-air wear. An assumption you should replace with real quotes — not a rate.
Properties on the Currituck Sound, its canals, or the North River fall into CAMA-regulated flood zones. Your zone determines whether flood insurance is required — we don't quote rates, so enter your own insurer's quote below.

Enter your actual annual quote and we'll amortize it into your monthly cost. Leave blank and it's excluded entirely.

$0

Finance repair scope directly into mortgage via FHA 203(k) or Fannie Mae HomeStyle loan.

Estimated Monthly True Cost
$0
Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
  • Currituck County Property Tax ($0.60)$0
  • Hazard / Homeowners Insurance (Est.)$0
  • Flood Insurance (Your Quote)$0
  • Waterfront maintenance reserve$0
  • PMI / Mortgage Insurance$0

Currituck County has no incorporated municipalities, so there is no town property tax anywhere in the county. This estimate uses the countywide rate of $0.60 per $100 of assessed value, effective July 1, 2026. It does NOT include special service district rates (fire, drainage, stormwater, water and sewer, solid waste), which apply to many parcels and are added on top. Pull the actual tax card for the parcel before relying on any figure here.

Total Loan Amount$0
Down Payment$0
Review True Cost Breakdown with Travis

Get exact contractor & tax quotes verified before you write an offer.

MLS# 100579361 · HIVE MLS via SourceRE · Last updated: August 24, 2026 at 8:30 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.