1231 Atlantic Avenue Corolla, NC $ 2,750,000
1231 Atlantic Avenue
$ 2,750,000
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1231 Atlantic Avenue

Corolla, NC, 27927
$ 2,750,000
Bedrooms7 Baths5.1 Sq 5,112

Monthly Estimate*

$ 17,364

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Single Family Home for sale in Corolla, NC

for $2,750,000 with 7 bedrooms and 5 full baths, 1 half bath. This 5,112 square foot home was built in 1996 on a lot size of 0.8.

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

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Single Family Active

Price

$ 2,750,000

Bedrooms

7

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 12,149

Style

Single Family Residence

Lot Size

0.8

Year Built

1996

Town/City

Corolla

County/Region

Currituck

MLS | Web ID

100590339

Features
General
Living Area 5112.0
Heating Electric Heat Pump Zoned
Cooling Central Air Zoned Ceiling Fan(s)
Utilities Water Connected Private
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Appliances Electric Oven Electric Cooktop Built-In Microwave Washer Refrigerator Ice Maker Dishwasher
Zoning Sfo: Single-Family Reside
HOA Fee 850.0
Patio/Porch Features Covered Deck Porch Screened
Pool Features In Ground Vinyl
Construction Materials Fiber Cement Wood Frame
Year Built 1996
View Ocean
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Taxes 12149.9
Parcel Number 114c00000290001
Accessibility Accessible Full Bath Accessible Approach with Ramp Accessible Bedroom Accessible Elevator Installed
Assoc Fee Paid Per Annually
County Currituck
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) N
Association Amenities Beach Access Management
HOA Y
Attached Garage N
Subdivision Name Ocean Hill
Garage Y/N N
Other Structures Covered Area Storage
Total Rooms 12
Full Baths 5
Status Active
Directions NC 12 Right Coral Ln Left on Atlantic
High School Currituck County High School
City Corolla
Association Name Ocean Hill
Lot Size Units Acres
Lot Size Square Feet 34848.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Knotts Island Elementary
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Currituck County Middle
Ok to Lease Weekly
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 1630400
Legal Description LOT 29 SECT 1 OCEAN HILL
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Interior
Interior Amenities Vaulted Ceiling(s) Entrance Foyer Kitchen Island Elevator Ceiling Fan(s) Furnished Hot Tub Reverse Floor Plan Walk-in Shower Wet Bar Eat-in Kitchen
Flooring Vinyl Carpet Tile Hardwood
Furnished Y/N Furnished
Water Heater Electric
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
Laundry Features Dryer Hookup Washer Hookup Laundry Room
Total Bedrooms 7
Entry Level 1
Room Type Master Bedroom Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Living Room Dining Room Dining Area Laundry Breakfast Nook
Total Baths 6
Living Area Range 5000 - 5499
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Exterior
Exterior Amenities Outdoor Shower
Exterior Finish Fiber Cement
Fencing Back Yard Wood Fenced
Parking Features Attached Carport
Lot Features Ocean Side
Water Source County Water
Total Parking 0.0
Lot Size Area 0.8
Foundation Details Other Pilings
Spa N
Building Area Total 5112.0
Lot Dimensions 100x350x100x350
Lot Size Acres 0.8
Frontage Type Oceanfront
Waterfront Y/N Y
Road Frontage Type Private Road
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1231
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* Excluded Features
List By
Kelli Hobbs

Listing Agent

Howard Hanna Wew/Moyock

Broker

klhobbs23@gmail.com

Email

Affordability Calculator

$18,376
Per Month
94%
6%
0%
Monthly Principal & Interest
$17,364
Monthly Property Taxes
$1,012
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736646 Elementary School
4736565 Middle School
Currituck County High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$2,750,000 Listed Price

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1231 Atlantic Avenue, Corolla, NC, 27927 is a Single Family Home for sale at $2,750,000 with 5,112 sqft and a lot size of 0.8. 1231 Atlantic Avenue has 7 bedrooms, 5.1 baths, and was built in 1996. The property's zip code is 27927 which is in Corolla, NC