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.

Features
: Dishwasher, Microwave, Range/oven, Dryer, Washer, Refrigerator w/ice maker, Countertop range, Freezer, 2nd dishwasher
: Cathedral ceiling(s), Gas fireplace, Ensuite
: Covered decks, Beach access, Ceiling fan(s), Outside shower, Smoke detector(s), Hot tub, Landscaped, Outside lighting, Boardwalk to beach
: Heat Pump, Central
: Central, Heat pump
: Carport
Ocean Hill
: Frame
: Piling
: Paved, Private
: Carpet, Ceramic tile, Hardwood
: Municipal
: Private septic
: Contemporary, Reverse floor plan
: Shakes
Financial
2023
$10,103
$750
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$1
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: Owned more than 12 months
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Coast Realty
Daniel
Byard

For sale

1219 Atlantic Avenue, Corolla, NC 27927

7 Bedrooms
6 Bathrooms
4,645 Sqft
$2,799,000
Listing ID #126185
Basic Details
Living Area Sq. Ft : 4,645 Sqft
Property Type : Residential
Listing Type : For sale
Listing ID : 126185
Price : $2,799,000
Water View : Oceanfront
View : Ocean
Bedrooms : 7
Bathrooms : 6
Half Bathrooms : 1
Year Built : 1992
Country : United States
State : NC
County : Currituck
City : Corolla
Zipcode : 27927
Status : Active
Type : Single family - detached
Area : Corolla oceanside
Unit/Lot # : Lot 23
DOM : 1