1225 Atlantic Avenue #Lot 26, Corolla, NC 27927 (MLS # 133038)

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PRICE $3,250,000 dsIDX morgage calculator
BEDS 8
BATHS 8
HOME SIZE 5,404 sqft
LOT SIZE 34,848 sqft

EOCEANFRONT 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. Perfectly positioned on one of Corolla's most desirable stretches of coastline, this expansive home features 8 bedrooms, 8 full bathrooms, and a brand-new septic system providing 8-bedroom compliance. Nearly every aspect of the property has been thoughtfully updated, including all bathrooms, new flooring throughout, refinished floating stairs, refinished ceilings and updated lighting, fresh interior and exterior paint, updated kitchen finishes, new furnishings throughout, newer windows across the home with additional replacements completed recently, new outdoor furniture, and numerous additional improvements completed between January and March 2026. 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 family 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, private walks on the beach, days spent fishing, surfing, shelling, and relaxing by the pool, followed by evenings enjoying ocean breezes from expansive decks under the Carolina stars. Property manager projections indicate potential annual rental income approaching $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. Virtual tour https://www.zillow.com/view-imx/50f68903-ead5-4fc0-b217-8a522a20e91c?wl=true&setAttribution=mls&initialViewType=pano

DAYS ON MARKET 3 LAST UPDATED 6/3/2026
TRACT Ocean Hill YEAR BUILT 1985
COUNTY Currituck STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air, Heat Pump, Multi Units
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Oven, Range, Washer
CONSTRUCTION Wood Siding
HEAT Central, Heat Pump
LOT 0.8 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 100x350
POOL Yes
POOL DESCRIPTION Outdoor Pool, In Ground, Private
SEWER Septic Tank
SUBDIVISION Ocean Hill
TAXES 9732.48
VIEW Yes
VIEW DESCRIPTION Ocean
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Beach Front, Ocean Front
MORTGAGE CALCULATOR
   

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Listing provided by Anastasia Butenko, 1st Class Real Estate Flagship
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