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Welcome to 535 Magnolia Way, a beautifully maintained 3-bedroom, 2.5-bath home in the sought-after Magnolia Bay neighborhood of The Currituck Club. Thoughtfully furnished and designed for easy coastal living, this home offers a private pool, hot tub, screened porch, and inviting outdoor spaces that make it easy to enjoy the best of the Outer Banks. The open living and dining areas create a comfortable gathering space, while the well-equipped kitchen is ideal for family meals and entertaining. Located in a quiet cul-de-sac within the gated community, the home is just steps from a seasonal trolley stop and offers convenient access to the beach, community pools, fitness center, tennis, golf, and other Currituck Club amenities. Currently established as a successful vacation rental, this property offers an excellent opportunity to own a turnkey Corolla retreat with strong rental appeal. Whether you're looking for a personal beach getaway, investment property, or both, 535 Magnolia Way is ready to enjoy.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1997
  • 1 Car Garage
  • 58 days on Market

  • Bedrooms
    3
  • Bathrooms
    2 full · 1 half
  • Year Built
    1997
  • Architectural Style
    Traditional, Coastal
  • Construction Materials
    Frame
  • Foundation
    Slab
  • Garage Spaces
    1.0
  • Parking Features
    Attached, Paved, Off Street
  • Living Area
    2322.0
  • Interior Features
    Cathedral Ceiling(s), Pantry
  • Appliances
    Dryer, Dishwasher, Microwave, Washer, Range, Oven
  • Flooring
    Carpet
  • Furnished
    Furnished
  • Patio And Porch
    Patio, Deck, Screened
  • Pool Features
    In Ground, Private, Outdoor Pool, Association, Fiberglass
  • Security Features
    Smoke Detector(s)
  • Cooling
    Ceiling Fan(s), Central Air, Heat Pump
  • Heating
    Heat Pump

  • Lot Features
    Level
  • Water Front Features
    Beach Access
  • Water
    Public

  • County
    Currituck
  • City
    Corolla
  • Neighborhood
    TCC-Magnolia Bay
  • Zip Code
    27927

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Frequently Asked Questions

How do I schedule a tour of 535 Magnolia Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 535 Magnolia Way.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 535 Magnolia Way?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $715,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Corolla, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 535 Magnolia Way?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 535 Magnolia Way at around $4,341. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 535 Magnolia Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Currituck County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 535 Magnolia Way?

In most cases, yes. Whether 535 Magnolia Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Corolla's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 535 Magnolia Way?

We can handle that for you. Our preferred local agent specializes in residentials in Corolla and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $715,000 with 2,322 sqft of space—that comes out to approximately $308 per square foot.

How long has this property been on the market?

535 Magnolia Way was listed on September 17, 2026, which means it's been on the market for 58 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1997, making it approximately 29 years old.

What are the property taxes for 535 Magnolia Way?

The most recent public record shows annual property taxes for 535 Magnolia Way were approximately $3,270. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 535 Magnolia Way still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Outer Banks AOR. All rights reserved.

Last Updated: November 14, 2026 at 05:22AM | Source: Outer Banks AOR | MLS#: 134103