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475 Island Lead Road, 
Corolla, NC 27927

$1,450,000


6

Beds


6

Baths


3,466

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Kathie Hogg

252-261-3800

Last updated:

October 16, 2026, 09:52 PM

MLS#

134395

Source:

NC OBAR

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About This Home

475 Island Lead Road

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!

Home Facts

Single Family

6 Baths

6 Bedrooms

Built in 1997

Subdivision & Development:

Pine Island Pud

Price Summary

1,450,000

$418 per Sq. Ft.

MLS #:

134395

Last Updated:

October 16, 2026, 09:52 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

5

Interior

Living Area:

3,466 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

3,466 Sq. Ft.

Year Built:

1997


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$418 per Sq. Ft.

Source:NC OBAR
The information being provided by Outer Banks Association Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Outer Banks Association Of REALTORS® Inc Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.