1225 Atlantic Avenue, Currituck County NC, NC 27927

$3,250,000
8
BD
8
BA
5,404
SqFt

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List Price
$3,250,000
Status
ACTIVE
MLS#
10638541
Year Built
1985
Style
Contemp, Transitional
Bedrooms
8
Bathrooms
8
Full-baths
8
Living Area
5,404
Acres
0.80
County
Currituck County NC
City
Currituck County NC
Subdivision
All Others Area 200
Neighborhood
Ocean Hill

Property Description

OCEANFRONT 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. This expansive home features 8 bedrooms, 8 full bathrooms, and a brand-new septic system. Nearly every aspect of the property has been thoughtfully updated, including all bathrooms, new flooring throughout, refinished ceilings and updated lighting, fresh interior and exterior paint, updated kitchen finishes, new furnishings, newer windows across the home, new outdoor furniture. 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 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, days spent fishing, surfing, shelling, and relaxing by the pool, followed by evenings enjoying ocean breezes from expansive decks under the Carolina stars. Rental projections indicate potential annual income of $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.

Additional Information

Heating
Heat Pump
Cooling
Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Fireplaces
1
Roof
Composite
Floors
Ceramic, Laminate/LVP
View
Beach, Ocean
Pool Description
In Ground Pool
Exterior Features
Deck, Gazebo, Patio
Exterior
Fiber Cement
Waterfront Description
Ocean
Sewer
Septic
Parking Description
Driveway Spc
Elementary School
Other Elementary School
Middle School
Currituck County Middle
High School
Currituck County
Contingency Exists
Non Contingent
Days on Market
11
Monthly HOA/POA Fee
70

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of 1st Class Real Estate Flagship.

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