Waterfront
Address
1225 Atlantic Ave, Corolla, NC
Price
$ 3,250,000
Property Attributes
- MLS#10638541
- TypeSingle Family
- Listing Status Active
- CountyCURRITUCK
- CityCorolla
- AreaCurrituck County NC
- NeighborhoodOcean Hill
- Zip27927
- StyleContemp,Transitional
- Year Built1985
- Taxes$ 9732
- Price$ 3,250,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage5404
- Lot Size0.8 Acres
Data Source:
Real Estate Information Network (REIN)
Property Description
OCEANFRONT LUXURY INVESTMENT OPPORTUNITY IN COROLLA'S PREMIER BEACH COMMUNITY. Experience the ultimate Outer Banks lifestyle at 1225 Atlantic Avenue, a spectacular oceanfront retreat offering direct private beach access, panoramic Atlantic Ocean views and exceptional income-producing potential. Extensively renovated and upgraded , this turnkey property has been transformed into a premier luxury vacation destination designed to maximize both owner enjoyment and rental performance. This expansive home features 8 bedrooms, 8 full bathrooms, and a brand-new septic system. Nearly every aspect of the property has been thoughtfully updated, including all bathrooms, new flooring throughout, refinished ceilings and updated lighting, fresh interior and exterior paint, updated kitchen finishes, new furnishings, newer windows across the home, new outdoor furniture. Designed for entertaining and creating unforgettable vacation experiences, guests enjoy multiple gathering spaces, a dedicated theater room, poker room, private pool, hot tub, expansive oceanfront decks, and direct access to Corolla's wide sandy beaches. The open-concept living areas showcase breathtaking ocean views and create the perfect setting for gatherings, special events, and luxury beach vacations. Beyond the home itself, ownership here means embracing the iconic Outer Banks lifestyle—morning sunrises over the Atlantic, days spent fishing, surfing, shelling, and relaxing by the pool, followed by evenings enjoying ocean breezes from expansive decks under the Carolina stars. Rental projections indicate potential annual income of $300,000+ with a full rental season following completion of renovations and upgrades. This is a rare opportunity to acquire a renovated oceanfront home that combines luxury coastal living, exceptional guest amenities, strong rental history, and outstanding future income potential in one of Corolla's most sought-after oceanfront locations.
| Elementary School | Middle School | High School |
|---|---|---|
| Other Elementary School | Currituck County Middle | Currituck County High School |
General Features
| Heating | Heat Pump |
|---|---|
| Water Type | City/County |
| Cooling | Heat Pump,Zoned |
| Ownership Type | Simple |
| Waterfront Description | Ocean |
| Roof | Composite |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Parking | Driveway Spc |
| Style | Contemp,Transitional |
| Property Type | Residential |
| Area | 200 - Currituck County NC |
| Subdivision Name | ALL OTHERS AREA 200 |
| HOA Y/N | Yes |
| Sub Type | Detached |
| Neighborhood Name | OCEAN HILL |
| Elementary School | Other Elementary School |
| High School | Currituck County |
| Middle School | Currituck County Middle |
| Fees HOA/POA Monthly | 70 |
| Non | Non Contingent |
Interior Features
| Water Heater Type | Electric |
|---|---|
| Flooring Type | Ceramic,Laminate/LVP |
| Fireplaces | 1 |
| Equipment | Ceiling Fan,Hot Tub,Security Sys |
Exterior Features
| Lot Depth | 350 |
|---|---|
| Waterfront | Yes |
| View | Beach,Ocean |
| Lot Front | 100 |
| Exterior Features | Deck,Gazebo,Patio |
| Fence Description | Partial |
| Sewer Type | Septic |
| Siding | Fiber Cement |
| Fence? | Yes |
| Foundation | Crawl,Pile |
| Pool | In Ground Pool |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27927
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