About This Home

This 7-bedroom, 6-bathroom single family at 1231 Atlantic Avenue in Corolla, NC is listed for $2,750,000 ($538 per sqft). Built in 1996, the home offers 5,112 sqft of living space on a 0.80 acres lot.

Key Features

  • Built in 1996
  • 0.80 acre lot
  • 3 stories
  • Fireplace
  • Waterfront

Property Details

3 stories
5 full, 1 half
1996

Amenities

FireplaceWaterfrontViewHardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$15,558/mo

20% down · 6.5% · 30 years

Principal$1,989
Interest$11,917
Insurance$802
HOA$850

Estimates only. Actual payments may vary.

Location

1231 Atlantic Avenue

Corolla, NC 27927

Ocean Hill

Features & Amenities

Interior Features

Vaulted Ceiling(s)Entrance FoyerKitchen IslandElevatorCeiling Fan(s)FurnishedHot TubReverse Floor PlanWalk-in ShowerWet BarEat-in Kitchen

Exterior Features

Outdoor Shower

Property Details

Flooring

TileCarpetHardwoodVinyl

Construction

Fiber Cement Wood Frame

Views

Ocean

Outdoor Features

DeckPorch

Parking

Carport

Heating

Electric (Heating)Heat Pump (Heating)Zoned

Cooling

Central AirZonedCeiling Fan(s)

Appliances

Electric OvenElectric CooktopBuilt-In MicrowaveWasherRefrigeratorIce MakerDishwasher

Questions & Answers

This 7-bedroom, 6-bathroom single family at 1231 Atlantic Avenue is listed at $2,750,000 ($538/sqft). The estimated monthly payment is $15,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $850/month.

Key features include: Built in 1996, 0.80 acre lot, 3 stories, Fireplace, Waterfront. Interior Features: Vaulted Ceiling(s), Entrance Foyer, Kitchen Island. Exterior Features: Outdoor Shower.

This property is listed by Kelli Hobbs and can be reached at 7575322115.

KH

Kelli Hobbs

License 329243

Agent at Howard Hanna WEW/Moyock

(757) 532-2115

Listed by Howard Hanna WEW/Moyock · Broker phone: 2524356100 · View on Broker Site

MLS# 100590339· Source: Hive MLS· 47 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1231 Atlantic Avenue, Corolla, NC 27927

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