Residential

1231 Atlantic Avenue Lot # 29, Corolla

$2,750,000.00

Bedroom 7 bedrooms
Full Bathroom 5 full baths
Half Baths 1 half baths
Total Baths 6 total baths

  • Listing ID #: 133457
  • Status: Active
  • Address: 1231 Atlantic Avenue Lot # 29, Corolla, NC 27927
  • Date Listed: 7/13/2026
  • Days on Market: 95
  • SQFT: 5112
  • Acres: 0.8
  • Stipulations: No
  • Subdivision: Ocean Hill

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • Countertop Range
  • Dishwasher
  • Dryer
  • Ice Machine
  • Microwave
  • Range/Oven
  • Refrigerator w/Ice Maker
  • Washer
  • 2nd Dishwasher

Additional Features Additional Features
  • Association Amenities: Ocean Access
  • Construction Materials: Frame,Wood
  • County: Currituck
  • Days on Market: 95
  • Exterior: Cement Fiber Board
  • Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry
  • Flood Zone: X
  • Pool: Yes
  • Pool Type: Private
  • Pool Features: Salt,In Ground,Outdoor,Private Pool,Vinyl
  • Primary Residence: No
  • Property Sub Type: Single Family - Detached
  • Sale or Rent: S
  • Sewer: Private Septic
  • Waterfront Features: Oceanfront
  • Water/Sewer: Municipal
  • Year Built: 1996

Financial Financial
  • Annual Tax Amount: 12149.9
  • Asking Price Per Sq Ft: 537.95
  • Bank/Institution Owned: No
  • Buyer Financing: Cash,Conventional,Jumbo Loan
  • Estimated Annual Fee Amount: 850
  • Lease Terms: Weekly
  • Original Price: 2750000
  • Ownership: Owned More than 12 Months
  • Possession: At Closing
  • Price Update Date: 2026-10-12T23:23:45+00:00
  • Short Sale: No
  • Tax Year: 2025

Interior Features Interior Features
  • Cool System: Central, Heat Pump, Zoned
  • Counter Tops: Granite
  • Floors: Carpet, Tile, Wood
  • Furnishings Available: Yes
  • Heat System: Forced Air, Heat Pump, Zoned
  • Interior: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Room Type: Foyer, Game Room

Exterior Features Exterior Features
  • Architectural Style: Contemporary,Reverse Floor Plan
  • Exterior: Cement Fiber Board
  • Foundation details: Piling
  • Fuel Tanks: Owned
  • Garage Type: Carport
  • Lot Features: Beach Frontage,Water Frontage
  • Lot Size Square Feet: 34848
  • Parking: Under
  • Pool: Salt, In Ground, Outdoor, Private Pool, Vinyl
  • Road Surface Type: Paved,Private
  • Roof: Asphalt/Fiber Shingle
  • Water Source: Municipal
  • Waterfront Feature: Oceanfront
  • View: Ocean

Location Location
  • Flood Zone: X
  • Street Number: 1231
  • MLS Area Minor: Corolla Oceanside

Listed by: Kelli from Howard Hanna William E. Wood - Currituck.

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