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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1231 Atlantic Ave , Corolla, NC 27927
$2,750,000
Est. Payment: $14,171.32/mo
7 Bed
6 Bath
5112 Sqft
Status: active | Days on site: 10
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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

Highlights

Listed by Kelli Hobbs , 757-532-2115 Howard Hanna WEW/Moyock , 252-435-6100. Hive MLS mls logo

Property Type

Residential

Lot/Acreage
0.8

HOA Fee

850 Annually

Year Built

1996

County

Currituck

Neighborhood

Ocean Hill

Listing ID

100590339

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Ice Maker, Dishwasher
Air Cond:Central Air,Zoned,Ceiling Fan(s)
Fireplaces:
Floor:Vinyl,Carpet,Tile,Hardwood
Other:Vaulted Ceiling(s),Entrance Foyer,Kitchen Island,Elevator,Ceiling Fan(s),Furnished,Hot Tub,Reverse Floor Plan,Walk-in Shower,Wet Bar,Eat-in Kitchen
Other:County Water

Exterior Features

Lot:Ocean Side,Fencing: Back Yard,Fencing: Wood,Fencing: Fenced,Outside City Limits
Lot Dimensions:100x350x100x350
Garage Capacity:0
Zoning:Sfo: Single-Family Reside
Roof:Architectural Shingle
Others:Outdoor Shower
Parking Features:Attached Carport
Principal Interest
$14,171
Taxes
$1,753
HOA
$850

Home Price

$2,750,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,171.32

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $14,171.32 $1,753.13 $850.00 $16,774.44
Yearly $170,055.79 $21,037.50 $10,200.00 $201,293.29
Total $5,101,673.81 $631,125.00 $306,000.00 $6,038,798.81

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Corolla, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-01T19:50:55.000Z

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