1219 Atlantic Avenue, Corolla, NC 27927

$2,799,000
7
BD
7
BA
4,645
SqFt
List Price
$2,799,000
MLS#
126185
Status
(10) ACTIVE - ACTIVE
Type
Single Family Residential
Property Type
Single Family Residence
Bedrooms
7
Bathrooms
7
Full-baths
6
Half-baths
1
Living Area
4,645
Neighborhood
Ocean Hill

Property Description

Welcome to this exquisite oceanfront property that embodies luxurious coastal living and boasts impressive rental income and future expansion opportunities. Positioned on a nearly 35,000 square foot lot with meticulously manicured landscaping, this custom-designed home has recently undergone updates, including newly painted interiors, remodeled bathrooms, new gas fireplace, and new pool heater. Enjoying an X flood zone designation, this property offers the possibility of additional living space within the existing footprint. There is a robust rental history, with over $175,000 in 2024, which could have exceeded $200,000 if not for two prime weeks reserved for owner use. The master suite showcases panoramic ocean views from three sides, creating a serene retreat. The expansive living area features walls of windows, cathedral ceilings, and elegant hardwood floors, ideal for hosting gatherings. The gourmet kitchen is well-appointed with ample prep areas, multiple appliances, and solid surface counters. Multiple decks wrap around the house, seamlessly merging indoor and outdoor living, while the heated, gunite, private pool offers a tranquil oasis with ocean vistas. On the ground level, an outdoor lounge with ping pong and a large flat screen TV enhances the home’s appeal for guests. This property presents a rare opportunity to own a distinctive oceanfront property with both personal enjoyment and exceptional rental income potential, enhanced by recent updates and its favorable flood zone status.

Additional Information

Appliances
Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
Foundation
Piling
Interior Features
Cathedral Ceiling(s)
Lot Description
Beach Frontage
Pool
Yes
Sewer
Septic Tank
Style
Contemporary, Reverse Floor Plan
View
Ocean
Zip
27927
Neighborhood
Ocean Hill
Year Built
1992
County
Currituck

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coast Realty.

Listed by Daniel Byard

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