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6 Beds
6 Baths
3,466 sqft

$1,450,000

475 Island Lead Road, Corolla NC, 27927

Price per sqft$418.35
Built in1997
Property size3,466 sqft
Property typeResidential

Overview

Active

Listed Oct 16, 2026

Updated 17h ago

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!

$9,647/mo

Est. mortgage payment based on a $1,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
134395

Interior Features

Bedrooms
6
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.77 Acres

Other Property Details

Taxes
$6,386
Tax Frequency
Annually
View
Yes
Furnished
Yes
Pool
Yes
Waterfront
Yes
MLS provider logo

Courtesy of Coldwell Banker Seaside Realty KH, Kathie Hogg,
Listing Contact: C: 252-455-3483 

Based on information from Outer Banks Association of REALTORS® as of 10/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Outer Banks Association of REALTORS® all rights reserved.

Data last updated on 10/17/2026 at 3:55 AM UTC

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