1209 Atlantic Avenue, Corolla, NC 27927

$2,700,000
5
BD
7
BA
5,000
SqFt
List Price
$2,700,000
MLS#
122031
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
7
Full-baths
6
Half-baths
1
Living Area
5,000
Neighborhood
Ocean Hill

Property Description

This beautiful custom oceanfront home is designed to maximize ocean, beach & lighthouse views. Located in Ocean Hill with the largest lots & setbacks in Corolla. Ocean Hill’s paved private roads protect owners from on-street parking. Ocean Hill’s restrictive covenants protect one from 9+ bedroom mini-hotels being built in other areas. An ideal place for homeowners & guests. With just over 5,000 SF of air conditioned floor space, the dining & sleeping areas accommodate up to 14 guests comfortably. You enter the home from the spacious covered front porch, complete with sitting area. The entry door opens to a large oak-floored family room. Four large windows provide your first views of the wide dune and the ocean beyond. This large family room serves as a daytime game room & a Dolby Atmos surround-sound theater after dark. Ascending the open staircase to the top level reveals the great room with spectacular panoramic ocean views of the full coast from north to south. The great room’s granite fireplace surround and oak mantle are framed by custom oak shelving & a second surround-sound video system. The open floor plan flows to a large dining area with views of the Ocean & Currituck Lighthouse. This is adjacent to the spacious modern kitchen with cook island that opens to the lighthouse deck for outdoor grilling & dining with sunset & lighthouse views. The great room also opens to a large oceanside deck to watch the sunrise. The upper-level owner suite has two sitting areas: one in front of four large oceanfront windows, for enjoying the ever-changing views of sea and sky; the second faces the fireplace & TV for a relaxing private evening. This suite features separate his & her walk-in closets/dressing rooms & a large custom tiled bathroom with spacious shower area & a separate heated Jacuzzi tub. The well-lit area features his & hers vanities & a hidden laundry chute. The mid-level has been designed to offer separate accommodations. To the north is a large king bedroom with sitting area & ensuite bath. Next is a four-bed bunk room. The north side also has a combined laundry/ hobby room with a full sink, desk area, built-in cabinets & cedar closet storage. The south side has an oceanfront king bed suite with walk-in closet & Jacuzzi tub; plus ocean views & deck access. Mid-level deck has a large hot tub & a shaded hammock with ocean & Lighthouse views. Across the hall is a queen bed suite that opens to a covered front porch with porch swing & seating with great sunset & lighthouse views. The ground level features a large bonus room with king sofa bed, ensuite bath, mini-kitchen with fridge & wet bar. The garage area is for two cars out of the elements; plus a large storage area & an enclosed work room. An elevator allows easy access from the enclosed garage area to both the mid & upper levels. All floors have deck access to a walkway over the dune to a large deck suitable for entertaining with stairs to the beach. There is even room for a swimming pool within the CAMA guidelines if desired. After a day on the beach or a night in the hot tub you can rinse off using the walkway head & foot shower or the two private enclosed outside showers. The nicely landscaped front yard is good for lawn games. Below the lawn, the septic system can be expanded to the Ocean Hill 8 bedroom limit. The driveway & garage support parking for at least 8 cars. This home was built to last. The home’s foundation is secured by more than 40 large diameter driven pilings extending well below sea level, a feature of original builder Pete Hunter. In 2010 an expansion & remodel was done by Olin Finch, including total upgrade of plumbing, power systems, windows, roof, decks, siding, interior floors, finishes & appliances. The home exterior was painted in 2021 and it has been very well maintained by the resident owner. Projected 2023 Income Advertised Rates: $162,932.00; w added Private Pool: $229,019.00. W 8 Bedrooms: Projection is $277,767.00.

Additional Information

Air Conditioning
Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Refrigerator
Association Ammenities
Ocean Access
Association Fee Includes
Road Maintenance
Construction
Frame, Wood
Countertops
Granite, Marble, Laminate, Solid Surface
Siding
Cement Fiber Board
Extras
Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Elevator, Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Dry Entry
Floor Coverings
Carpet, Tile, Hardwood
Foundation
Piling
Garage
Attached, 2 Car
Heating
Electric, Forced Air, Heat Pump, Zoned
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar, 1st Flr Ensuite
Lot Description
Beach Frontage, Level, Water Frontage
Optional Rooms
Foyer, Office, Utility Room, Workshop
Parking
Paved, Off Street, Under
Possession
Negotiable, Other-See Remarks
Roads
Paved, Private
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Zip
27927
Neighborhood
Ocean Hill
Lot Dimension
100 X 300
Year Built
1993
Annual Fee
366
Directions
North of Corolla Lighthouse on NC Rt 12, just past Corolla Village's Convenience Store & Citgo Gas Station, take the next paved Road Right Turn on Coral Lane. Straight to the Oceanfront is 1209 Atlantic Ave at the Corner.
Association Fee
$True
County
Currituck
Annual Rental Income
162932
Furnishings Available
Yes
Annual Rental Income$
162932
Rental Performance
0.0603

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Calculator source: Real Geeks

Listing courtesy of Sun Realty - Corolla.

Listed by Paul Sabadash

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