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For Sale


537 Magnolia Way
Corolla, NC 27927

Bed 4 br
Bathroom 3.5 ba
Sqft 2,379 sqft
This 4 bedroom (2 are masters) 3.5 bath home is located in the low maintenance community of Magnolia Bay within The Currituck Club. In an X Flood Zone (no flood insurance required) and just a short walk to the beautiful Corolla Beaches, the community pool and tennis courts. This one-owner RENTAL MACHINE currently has $51,126 for 2021 and generated $46,733 in rental income in 2020. Enjoy the light and airy reverse floor living with an open concept and functional layout. The top level features a great room with plenty of gathering spaces, a cathedral ceiling, gas fireplace, a spacious kitchen with ample counter space, eat-in bar, a brand new dishwasher, a large pantry, generous decks on the east and west side, a powder bath, and a master suite with a private bath. The east deck overlooks the private pool and common space that will never be obstructed. A perfect place to sip morning coffee or evening cocktails. The west deck is covered and is ideal for those rainy or hot summer afternoons. The enormous master bedroom has high ceilings, a private deck access, walk-in closet, and bath with double vanity, jet tub, separate shower, and water closet. The lower level includes a large two-story front entry, 3 bedrooms, one is a 2nd master suite with private deck access and a shared full bath, washer/dryer, and a 1 car garage that currently has a ping pong table perfect for rainy days, or game night after a family dinner. Recent improvements include; 2020: recent pool resurface, top level deck, pool fence, hot tub, and new HVAC for the upper level; 2018: HVAC for the lower level installed. 2021: some new outdoor furniture from Carolina Casuals 2021, new dishwasher 4/21. Magnolia Bay is located at the south end of the The Currituck Club, just a short walk or golf cart ride to the community beach access. Landscaping and yard maintenance are included in the Association Dues. So Just sit back, relax and enjoy your family, the beach and/or golf. If you would like to take the trolle Read More

Market Status
Last Updated
July 28, 2021

Property Type
Single Family Home
Year Built
4 BR
3 full BA; 1 ½BA
Property Type
Residential; Single Family Detached
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Half Bath

Local Market Conditions

There are currently 90 properties for sale in the Corolla, NC area with the average listing price of $1,520,573. This represents a decrease of -0.2% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -1.1% decrease. To learn more about the Corolla, NC area, contact a local expert!

Market Snapshot for Corolla, NC

Avg. Listing Price


Wk ending Jul 31









Average Listing Price for Corolla, NC
No. BedroomsNo. Beds Week Ending
(Jul 31)
w-o-w Week Ending
(Jul 24)
Week Ending
(Jul 17)
Week Ending
(Jul 10)
All PropertiesAll $1,520,573 -0.2% $1,524,215 $1,467,827 $1,482,763
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $249,900 +0.0% $249,900 $292,200 $292,200
3 bedrooms3 BR $563,883 -1.1% $570,363 $570,363 $570,363
4 bedrooms4 BR $740,175 +4.0% $711,543 $712,767 $700,131

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Listing Provided By:

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH

This $534,500 Single Family Home at 537 Magnolia Way in Corolla, NC is offered by Heather VanderMyde. This $534,500 Single Family Home, located in the 27927 zip code, has the following property features: Additional Areas, Taxes, Property Type. This 537 Magnolia Way Single Family Home is listed under MLS listing number 114185, has 4 beds, 4 baths, and has a listing price of $534,500. You can find more of Heather VanderMyde's listings by browsing Heather VanderMyde homes for sale at, or even more Corolla homes for sale here.

Data Provided by Coldwell Banker