Residential

1219 Atlantic Avenue, Corolla

$2,799,000.00

Bedroom 7 bedrooms
Full Bathroom 6 full baths
Half Baths 1 half baths

  • MLS #: 126185
  • Status: Active
  • Address: 1219 Atlantic Avenue, Corolla, NC 27927
  • Date Listed: 6/30/2024
  • Days on Market: 100
  • Acres: 0.8
  • Stipulations: No
  • Subdivision: Ocean Hill

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • 2nd Dishwasher
  • Countertop Range
  • Dryer
  • Dishwasher
  • Freezer
  • Microwave
  • Refrigerator w/Ice Maker
  • Range/Oven
  • Washer

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Heat Pump
  • Floors: Carpet, Ceramic Tile, Hardwood
  • Interior: Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Off Street, Paved, Under
  • Pool: Yes
  • Exterior: Shakes
  • Waterfront Features: Oceanfront
  • Sewer/Septic: Private Septic
  • Approximate Lot Size: 34848
  • Foundation: Piling
  • Garage Description: Carport
  • Pool Description: Gunite, Heated, In Ground, Outdoor, Private Pool
  • Lot Description: Beach Frontage
  • Roads: Paved, Private
  • Style: Contemporary, Reverse Floor Plan
  • View Description: Ocean
  • Water Access: Municipal

Additional Features Additional Features
  • County: Currituck
  • Property Type: Single Family - Detached
  • Year Built: 1992
  • HOA Fee Required: Yes
  • HOA Fee: 750
  • Is an REO: No
  • Bill of Sale Amount: 1
  • Construction: Frame
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s)
  • Original Price: 2799000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 10103.24
  • Tax Year: 2023

Seller's Representative: Daniel Byard, Coast Realty
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