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1225 Atlantic Avenue #LOT 26

Corolla, NC 27927

$3,250,000 $13,702/Mo

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Overview

Bed

Bath

5,404

Sqft

0.80

Acre(Lot)

Description

EOCEANFRONT 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. Perfectly positioned on one of Corolla's most desirable stretches of coastline, this expansive home features 8 bedrooms, 8 full bathrooms, and a brand-new septic system providing 8-bedroom compliance. Nearly every aspect of the property has been thoughtfully updated, including all bathrooms, new flooring throug hout, refinished floating stairs, refinished ceilings and updated lighting, fresh interior and exterior paint, updated kitchen finishes, new furnishings throughout, newer windows across the home with additional replacements completed recently, new outdoor furniture, and numerous additional improvements completed between January and March 2026. 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 family 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, private walks on the beach, days spent fishing, surfing, shelling, and relaxing by the pool, followed by evenings enjoying ocean breezes from expansive decks under the Carolina stars. Property manager projections indicate potential annual rental income approaching $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. Virtual tour https://www.zillow.com/view-imx/50f68903-ead5-4fc0-b217-8a522a20e91c?wl=true&setAttribution=mls&initialViewType=pano

Property Details

Property Type : Residential

Price : $3,250,000

AD Id : 80022552

MLS Id : 133038

Beds : 8

Lot Size : 0.80 Acre

Living Area Size : 5,404

Year Built : 1985

County : Currituck

Subdivision: Millmont

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Full Baths: 8
Flooring Information

Tile, Vinyl, Wood
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Range, Oven, Dishwasher, Dryer, Washer
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Central Has Cooling: Yes Cooling: Central Air, Heat Pump, Multi Units Water front: 1

Building Information

Year Built: 1985 Building Area Total: 5404 Construction Materials: Wood Siding Pool Features: Outdoor Pool, In Ground, Private Private Pool: Yes Water front Features: Beach Front, Ocean Front View: Ocean

Lot Information

Lot Dimensions: 100x350 Lot Size Acres: 0.8 Lot Size Square Feet: 34848 Lot Description: Waterfront

Property Information

Subdivision: Ocean Hill Source Property Type: Residential MLS Area Minor: Corolla Oceanside Property SubType: Single Family Residence Property Age: 41

Listing Price Information

Listing Price: $3250000

Tax Information

Parcel Number: 114C00000260001 Tax Year: 2025 Annual Tax: $9732.48

Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
653E Sand And Sea Court.., Corolla, NC, 27927	$473,500	3	3	1,857	1,857 SqFt
440 Myrtle Pond Road #L.., Corolla, NC, 27927	$999,000	5	4.5	2,279	2,279 SqFt
455 Pipsis Point Road #.., Corolla, NC, 27927	$3,150,000	7	5.5	4,695	4,695 SqFt
470 Pipsis Point Road #.., Corolla, NC, 27927	$1,999,999	7	5.5	4,286	4,286 SqFt
448 Myrtle Pond Road #L.., Corolla, NC, 27927	$1,150,000	5	4.5	2,595	2,595 SqFt
473 Island Lead Road #L.., Corolla, NC, 27927	$1,366,250	6	5.5	3,184	3,184 SqFt
521 Meadow Lane #LOT 70, Corolla, NC, 27927	$549,000	3	2.5	2,118	2,118 SqFt
512 Meadow Lane #LOT 58, Corolla, NC, 27927	$720,000	3	2.5	1,804	1,804 SqFt
550 Ocean Trail #LOT 131, Corolla, NC, 27927	$799,500	3	2.5	2,298	2,298 SqFt
601 Schooner Ridge #LOT V, Corolla, NC, 27927	$1,599,000	6	4	2,394	2,394 SqFt

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ByOwner last updated this listing 06/07/2026 @ 07:23

MLS: 133038 LISTED BY: Anastasia Butenko, 1st Class Real Estate Flagship SOURCE: Outer Banks Association of REALTORS