1219 Atlantic Avenue, Corolla

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.