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1231 Atlantic Avenue #LOT 29

Corolla, NC 27927
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Bed 7

Bed

Bath 5.5

Bath

SqFt5,112

Sqft

Acres0.80

Acre(Lot)

Experience the best of Outer Banks oceanfront living in Corolla's coveted Ocean Hill community. Perched on one of the highest lots in the neighborhood, this exceptional 7-bedroom, 5.5-bath home offers over 5,100 square feet of beautifully designed living space with panoramic Atlantic Ocean views, a private boardwalk to the beach, and the amenities today's vacation renters seek. Designed with a reverse floor plan to maximize breathtaking ocean vistas, the upper level showcases soaring wood-accented cathedral ceilings, a stunning picture window framing the Atlantic, spacious gathering areas, and expansive sun and covered decks perfect for entertaining or relaxing after a day on the beach. An elevator provides convenient access to every level, while the private pool, hot tub, screened porch, and outdoor shower create the complete resort-style experience that keeps guests returning year after year. This property has been thoughtfully updated and is truly turnkey, featuring fresh exterior and interior paint, a new vinyl pool liner, updated interior furnishings, upgraded mattresses, and new outdoor furniture. These recent improvements enhance both owner enjoyment and long-term investment value while minimizing immediate capital expenses. Ideally located just minutes from the Currituck Beach Lighthouse, Historic Corolla Village, shopping, dining, the 4WD beaches, and the famous Corolla Wild Horses, this home offers the location, size, and amenities that consistently make Ocean Hill one of Corolla's most desirable vacation destinations. Whether you're expanding your investment portfolio or searching for a luxury second home that generates substantial rental income when you're away, this home offers the ideal combination of strong income potential, exceptional guest appeal, and enduring coastal value. This is a rare opportunity to own a proven vacation rental in one of Corolla's premier oceanfront communities while creating lasting memories for generations to come.

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Detail Ic Property Details

Property Type : Residential

Price : $2,750,000

AD Id : 88063630

MLS Id : 133457

Beds : 7

Lot Size : 0.80 Acre

Living Area Size : 5,112

Year Built : 1996

County : Currituck

Subdivision: Headwaters At Banner Elk

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Full Baths: 5 Half Baths: 1
  • Flooring Information

    Carpet, Tile, Wood
  • Roofing Information

    Asphalt
  • Interior Features

    Elevator, Cathedral Ceiling(s), Wet Bar Roof: Asphalt Appliances: Range, Oven, Dryer, Dishwasher, Ice Maker, Microwave, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Forced Air, Zoned Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned Water front: 1

  • Building Information

    Year Built: 1996 Building Area Total: 5112 Construction Materials: Frame, Wood Siding Patio And Porch Features: Deck Pool Features: Outdoor Pool, In Ground, Private, Vinyl Private Pool: Yes Water front Features: Beach Front, Beach Access, Ocean Front View: Ocean

  • Lot Information

    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: 30

  • Listing Price Information

    Listing Price: $2750000

  • Tax Information

    Parcel Number: 114C00000290001 Tax Year: 2025 Annual Tax: $12149.9

  • Parking Information

    Underground

  • Location Information

    WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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 $2,999,995 7 5.5 4,695 4,695 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
512 Meadow Lane #LOT 58, Corolla, NC, 27927 $710,000 3 2.5 1,804 1,804 SqFt
545 Seashell Lane #LOT 73, Corolla, NC, 27927 $699,000 4 2 1,570 1,570 SqFt
534 Ocean Trail #LOT 67, Corolla, NC, 27927 $659,500 4 4.5 2,006 2,006 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
559 Hunt Club Drive #LO.., Corolla, NC, 27927 $1,375,000 5 5 4,690 4,690 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Outer Banks Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Outer Banks Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/20/2026 @ 09:16

MLS: 133457 LISTED BY: Kelli Hobbs, Howard Hanna William E. Wood - Currituck SOURCE: Outer Banks Association of REALTORS

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