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About This Home

This 8-bedroom, 8-bathroom single family at 1225 Atlantic Avenue in Corolla, NC is listed for $3,250,000 ($601 per sqft). Built in 1985, the home offers 5,404 sqft of living space on a 0.80 acres lot.

Agent Description

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.

Key Features

  • Built in 1985
  • 0.80 acre lot
  • Waterfront

Property Details

8 full
1985

Amenities

WaterfrontA/C

Monthly Cost Estimate

$17,382/mo

20% down · 6.5% · 30 years

Principal$2,350
Interest$14,083
Insurance$948

Estimates only. Actual payments may vary.

Location

1225 Atlantic Avenue

Corolla, NC 27927

ALL OTHERS AREA 200

Features & Amenities

Exterior Features

DeckGazeboPatio

Property Details

Pool Features

DeckPatio

Parking

Driveway

Heating

Heat Pump (Heating)

Cooling

ZonedHeat Pump

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 8-bedroom, 8-bathroom single family at 1225 Atlantic Avenue is listed at $3,250,000 ($601/sqft). The estimated monthly payment is $14,083 based on 20% down at 6.5% interest.

Key features include: Built in 1985, 0.80 acre lot, Waterfront. Exterior Features: Deck, Gazebo, Patio.

This property is listed by Troy Brimmer and can be reached at (757) 553-8843 or troy@1stclassagents.com.

TB

Troy Brimmer

Agent at 1st Class Real Estate Flagship

(757) 553-8843

Listed by 1st Class Real Estate Flagship · View on Broker Site

MLS# 10638541· Source: listhub· Updated 4 days ago

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1225 Atlantic Avenue, Corolla, NC 27927

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