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1225 Atlantic Avenue, Corolla, NC 27927 (MLS # 10638541)

Price $3,250,000
Status Active
Beds 8
Baths 8 Baths
Home size 5,404 sqft
Lot Size 34,848 sqft
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.
Property Type(s): Single Family
Tract ALL OTHERS AREA 200 Year Built 1985
Community 200 - Currituck County NC County Currituck County NC

SCHOOLS

Elementary School Other Elementary School
Jr. High School Currituck County Middle
High School Currituck County

Additional Details

AIR Ceiling Fan(s), Heat Pump, Zoned
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
AREA 200 - Currituck County NC
BASEMENT Crawl Space
CONSTRUCTION Fiber Cement
FIREPLACE Yes
HEAT Heat Pump
HOA DUES 70
LOT 0.8 acre(s)
LOT DESCRIPTION Waterfront
POOL Yes
POOL DESCRIPTION In Ground
SEWER Septic Tank
STORIES 3
STYLE Contemp, Transitional
SUBDIVISION ALL OTHERS AREA 200
TAXES 9732
VIEW Yes
VIEW DESCRIPTION Ocean, Beach
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Front

Location

 

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