An oceanfront home on North Carolina's Outer Banks has just hit the market at what's said to be a record-setting price. Named "A Welcome Respite," the 11,000-square-foot luxury property in Corrolla is listed at $11 million — the highest in history for that market, according to the Outer Banks Association of Realtors.
Situated at the northern end of the state's barrier islands, Corrolla is a nearly seven-hour drive from Charlotte. The village is located north of Duck along N.C. Highway 12, just south of the Currituck National Wildlife Refuge. That area is known for its pristine beaches and wild horses.
The property at 101 Station One Lane in Corrolla boasts 250 feet of secluded beach with private access, according to a press release, as well as views of both the Atlantic Ocean and the Currituck Sound. The three-level home has nine bedrooms, each with its own bathroom, and an array of living and entertainment spaces, from a theater and a rec room with a pool table to a saltwater pool with a wet bar and a putting green. An aerial video tour is available here.
Melanie Day with Keller Williams Realty Outer Banks has the listing.
More local news:
It's earnings day for two of Charlotte's biggest banks. CBJ's Caroline Hudson has first takes on Bank of America (NYSE: BAC) results here and Wells Fargo (NYSE: WFC) here, and she'll have additional coverage following executives' earnings calls with analysts. Another local financial giant, Truist (NYSE: TFC), is due to report its earnings tomorrow.
Carolina Panthers owner David Tepper, who largely made his personal fortune in hedge-fund management, is making a play in private investments, Bloomberg reports. Tepper is a founding investor for Andalusian Private Capital, a private equity firm that plans to invest in "growth companies, special situations and the media and sports sectors," according to the news service.
Charlotte fintech AvidXchange is bringing a new platform into the fold with FastPay, which focuses on accounts payable and automated payments for middle-market companies, according to a press release.
The Gaston Gazette reports on the first of several community meetings on a proposed light-rail line that would run from east of Charlotte in Union County through center city and into Gaston County in the west. As noted in the Buzz earlier this week, the next session is taking place tomorrow evening at Romare Bearden Park in uptown.
WFAE-FM reports on a tense meeting of the Charlotte-Mecklenburg Schools board yesterday, with dozens of speakers lining up to weigh in on how the district teaches about racism in history and social studies.
And the local NPR affiliate reports the North Carolina Environmental Management Commission will draw up limits for carbon emissions from power plants in the state.
Yesterday's top-read story on the CBJ website: Why Charlotte fell out of the top 10 on 'Best Places to Live' ranking
In the national news:
- Lumber prices are way down — but don't expect new houses to cost less — The Wall Street Journal
- How Biden's executive order could reshape rail and ocean shipping — WSJ
- Senate Democrats’ $3.5T budget deal backs up Biden’s goals — Associated Press
- Cuba, Haiti stir fresh political pressures for U.S. president — AP
- Prices pop again, and Fed and White House seek to ease inflation fears — The New York Times
- Europe plans aggressive new laws to phase out fossil fuels — The Times
- Covid-19 updates: Cases rise as Delta variant spreads; Pandemic tattoo trend — The Times
And one of the top-read stories across the bizjournals.com network is this piece from the Atlanta Business Chronicle: Preferred corridor chosen for proposed Atlanta-to-Charlotte high-speed rail
Sports:
Panthers fans will be able to watch training camp in person this year, and Fan Fest is coming back to Bank of America Stadium, the team announced this morning. CBJ news partner WSOC-TV has details here.
This week and beyond:
Find details about CBJ's upcoming virtual events at bizjournals.com/charlotte/event.