Address
1231 Atlantic Avenue, Corolla, NC
Price
$ 2,750,000
Property Attributes
  • MLS#133457
  • TypeSingle Family
  • Listing Status Active
  • CountyCURRITUCK
  • CityCorolla
  • AreaCorolla Oceanside
  • NeighborhoodOcean Hill
  • Zip27927
  • StyleSingle Family - Detached
  • Year Built1996
  • Taxes$ 12149
  • Price$ 2,750,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5112
  • Lot Size0.8 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description

Experience the best of Outer Banks oceanfront living in Corolla's coveted Ocean Hill community. Perched on one of the highest lots in the neighborhood, this exceptional 7-bedroom, 5.5-bath home offers over 5,100 square feet of beautifully designed living space with panoramic Atlantic Ocean views, a private boardwalk to the beach, and the amenities today's vacation renters seek. Designed with a reverse floor plan to maximize breathtaking ocean vistas, the upper level showcases soaring wood-accented cathedral ceilings, a stunning picture window framing the Atlantic, spacious gathering areas, and expansive sun and covered decks perfect for entertaining or relaxing after a day on the beach. An elevator provides convenient access to every level, while the private pool, hot tub, screened porch, and outdoor shower create the complete resort-style experience that keeps guests returning year after year. This property has been thoughtfully updated and is truly turnkey, featuring fresh exterior and interior paint, a new vinyl pool liner, updated interior furnishings, upgraded mattresses, and new outdoor furniture. These recent improvements enhance both owner enjoyment and long-term investment value while minimizing immediate capital expenses. Ideally located just minutes from the Currituck Beach Lighthouse, Historic Corolla Village, shopping, dining, the 4WD beaches, and the famous Corolla Wild Horses, this home offers the location, size, and amenities that consistently make Ocean Hill one of Corolla's most desirable vacation destinations. Whether you're expanding your investment portfolio or searching for a luxury second home that generates substantial rental income when you're away, this home offers the ideal combination of strong income potential, exceptional guest appeal, and enduring coastal value. This is a rare opportunity to own a proven vacation rental in one of Corolla's premier oceanfront communities while creating lasting memories for generations to come.

Price History
7/14/2026 Listed $2,750,000

General Features

Zoning SFO
HOA Fee 850
Subdivision Ocean Hill
County Currituck
Class RESIDENTIAL
Type Single Family - Detached
Area Corolla Oceanside
Ownership Owned More than 12 Months
Waterfront Features 1
Status Active
HOA Yes
City Corolla
Taxes 12149.9
DOM 67
Flood Zone X

Interior Features

Total Bedrooms 7
Full_Baths 5

Exterior Features

Pool Yes
Waterfront Location Oceanfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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

Price
AVG $1.35M
$2.75M
Taxes
AVG $5,527
$12,149
Year Built
AVG 2005
1996
Visits
AVG 164
170
Data Provided by Inside Real Estate®