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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 ending 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.

  • Bedrooms
    6
  • Bathrooms
    4
  • Year Built
    1980
  • Architectural Style
    Coastal
  • Parking Features
    Paved
  • Living Area
    2394.0
  • Patio And Porch
    Screened

  • Acres
    0.12
  • Lot Features
    Waterfront
  • Water Front Features
    Ocean Front, Beach Access, Beach Front
  • Water Front
    Yes
  • View
    Ocean
  • Water
    Public

  • County
    Currituck
  • City
    Corolla
  • Neighborhood
    Ocean Sands
  • Zip Code
    27927

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Frequently Asked Questions

How do I schedule a tour of 601 Schooner Rdg?

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 601 Schooner Rdg.

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 601 Schooner Rdg?

Click Ask a Question to talk with our team. You already know it is a 6 bed, 4 bath, listed for $1,399,000. 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 601 Schooner Rdg?

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 601 Schooner Rdg at around $8,878. 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 601 Schooner Rdg?

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 601 Schooner Rdg?

In most cases, yes. Whether 601 Schooner Rdg 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 601 Schooner Rdg?

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 $1,399,000 with 2,394 sqft of space—that comes out to approximately $584 per square foot.

How long has this property been on the market?

601 Schooner Rdg was listed on October 12, 2025, which means it's been on the market for 397 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 1980, making it approximately 46 years old.

What is the lot size of this property?

601 Schooner Rdg sits on a 0.12-acre lot, which is 5,227 square feet.

What are the property taxes for 601 Schooner Rdg?

The most recent public record shows annual property taxes for 601 Schooner Rdg were approximately $10,996. 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 601 Schooner Rdg still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

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 13, 2026 at 09:31PM | Source: Outer Banks AOR | MLS#: 130747