1247 Atlantic Avenue, Corolla, NC 27927

$2,125,000
5
BD
5
BA
4,702
SqFt
Sold Price
$2,125,000
List Price
$2,400,000
Closing Date
Apr 06, 2023
MLS#
119150
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
5
Full-baths
3
Half-baths
2
Living Area
4,702
Neighborhood
Ocean Hill

Property Description

Unique Oceanfront Estate with Magnificent Ocean Views. This Craftsman-Style Cottage is situated on a Elevated 28,000 Sq Ft Lot and in an X Flood Zone! (Flood Insurance optional) Custom architectural woodwork, including stunning antique heart Pine "peg" wood floors. Designed to capture views of the Atlantic Ocean on every level. Step into the impressive 3-story Foyer with custom Juniper wood ceilings, plantation shutters, & showcasing wide custom wood stairs with Fir handrails, that lead to an open floor plan. The great room offers 2 stories of soaring windows with ocean views, Cypress wood cathedral ceilings and an impressive stone, gas fireplace, with an oceanside Catwalk -- a RARE feature -- that leads to an oceanside balcony. Gaze at the ocean from the gourmet kitchen with large kitchen island and Oak floors, gas countertop range, plantation shutters, and beautiful Spanish tile. You will also find custom cabinetry and bar for entertaining guests. Enter the massive Master Suite through arched doorways, offering an ocean-view sitting area. The impressive Master Bathroom features a clawfoot tub, double vanity, & a spacious tiled, glass shower with a teak bench, cedar lined closets, and Bidet. All of the other bedrooms and bathrooms are spacious, with large closets and room for expansion. Relax & enjoy the Ocean breeze from your Private Pool (Installed 2018), Hot Tub (2018), Covered Decks, and Personal Beach Boardwalk (recently remodeled). Notable features include a Ship's Watch on the 4th floor, with private balcony and rooftop deck, offering spectacular ocean views, plantation shutters that are found throughout the home, custom woodwork, arched doors, and an oversized garage/workshop, that could be made into a Game Room. Located in the desirable Ocean Hill subdivision. Did I mention, it is SOLD FURNISHED!!! New Trane HVACs Installed 2019 & 2022. New Septic System 2017. New Anderson windows 2022, new gas fireplace 2022, exterior painted 2022, new hot water heaters 2022. Decks repaired and painted, 2022. Confirmed Room for Elevator. Projected to generate $225,000. ***Already booked over $152,000. for 2023 season!

Additional Information

Air Conditioning
Central
Appliances
Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
Association Ammenities
Ocean Access
Construction
Frame
Countertops
Granite, Solid Surface
Siding
Lap Siding, Wood
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dumbwaiter/Lift, Roof Top Deck, Dry Entry, Inside Laundry Room
Floor Coverings
Carpet, Ceramic Tile, Wood
Foundation
Piling, Slab
Garage
Attached, 1 Car, Carport
Heating
Central, Electric
Interior Features
9' Ceilings, All Window Treatments, Attic, Bay/Bow Window, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Foyer, Sun/Florida Room, Utility Room, Workshop, Shipswatch
Parking
Paved, Under
Pool
Yes
Roads
Paved
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Craftsman, Coastal
View
Ocean
Well
Municipal
Zip
27927
Neighborhood
Ocean Hill
Lot Dimension
28220
Year Built
1989
Annual Fee
344
Association Fee
$True
County
Currituck
Annual Rental Income
225000
Rental Co
Twiddy And Company
Rental Cottage #
NO37
Rental Cottage Name
Wildflower
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
225000
Rental Performance
0.10590000000000001
Yr Electric Expense
2804
Yr Water Expense
626
Yr Cable TV Expense
948
Insurance Expenses
$7,623
Pool/Spa Expense
1975

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coastal Shores Realty Group. Selling Office: Outer Banks Realty Group.

Listed by Pamela Howard

Copyright 2024 Outer Banks Association of REALTORS®. All rights reserved.

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS®. All rights reserved.

Real estate listing held by brokerage firms other than Great Escapes Realty are marked with the Broker Reciprocity logoSM or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

This information is deemed reliable, but not guaranteed. Neither the Outer Banks Association of REALTORS®, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information.