1231 Atlantic Avenue

Corolla, NC
$ 2,750,000 Beds 7 Baths 5.5 Sq 5,112
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,750,000
  • City
  • Corolla
  • Bedrooms
  • 7
  • Full Bathrooms
  • 5
  • County
  • CURRITUCK
  • Half Bathrooms
  • 1
  • Area
  • Ocean Hill
  • Lot Size
  • 0.8 Acres
  • Zip
  • 27927
  • Sqr Footage
  • 5,112
  • Year Built
  • 1996
  • Taxes
  • $ 12149
  • Style
  • Single Family Residence
  • MLS#
  • 100590339
Listed By: Kelli Hobbs with Howard Hanna WEW/Moyock.
Data Source: North Carolina Regional MLS (NCRMLS)

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 No
Property Type Residential
In City Limits? (Y/N) No
Association Amenities Beach Access,Management
HOA Yes
Attached Garage No
Subdivision Name Ocean Hill
Garage Y/N No
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 No
Elementary School Knotts Island Elementary
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Middle/Junior High School Currituck County Middle
Ok to Lease Weekly
Lease Considered Y/N No
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
IslandOrMainland Island

Interior Features

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
Total Fireplaces 1
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
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
SmokingYN No

Exterior Features

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 No
Building Area Total 5112.0
Lot Dimensions 100x350x100x350
Lot Size Acres 0.8
Frontage Type Oceanfront
Waterfront Y/N Yes
Road Frontage Type Private Road
Crops Included Y/N No
Horse Y/N No

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the DURHAM, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Knotts Island Elementary
Middle School Currituck County Middle
High School Currituck County High School

Price History

7/21/2026 Listed $2,750,000

Property vs Zip Code Average in 27927

Price
AVG $1.35M
$2.75M
Taxes
AVG $5,549
$12,149
Year Built
AVG 2004
1996
Visits
AVG 167
23
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1231 Atlantic Avenue Corolla, NC is a Single Family Home for sale at $2750000 with 5112 sqft and a lot size of 0.8 Acres Acre(s). 1231 Atlantic Avenue Corolla has 7 bedrooms, 5 baths and was built in 1996. The property's zip code is 27927 which is in Corolla, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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