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Sold for $1,095,000
  • $1,095,000

    1201 Adriatic Ave Lot 55, Corolla, NC 27927

    7beds
    4,193sqft
    Single Family Residence, Residential
    Built in 1989
    0.53 Acres Lot
    $1,094,100 Zestimate®
    $261/sqft
    $5,266 Estimated rent

    Home value

    $1,094,100

    $974,000 - $1.24M

    $5,266/mo

    Zestimate® history
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    What's special

    Semi-oceanfront retreatSweeping ocean viewsPrivate resort-style settingSoaring ceilingsTucked-away hot tubUnmistakable mediterranean flairMultiple ensuite bedrooms
    Cinco de Mayo is a truly one-of-a-kind semi-oceanfront retreat located in the sought-after Ocean Hill community of Corolla. Situated on a rare corner lot of just over half an acre, this 7 bedroom, 5 full and 2 half bath home offers almost 4200 heated square feet, sweeping ocean views, and easy beach access just steps away. Designed with unmistakable Mediterranean flair, this property stands out from anything else on the market. Inside, the top-level living area is filled with natural light, highlighted by soaring ceilings and a dramatic wall of windows that frame the Atlantic. Spanish-style tile floors run throughout the main living spaces—perfect for coastal living—while the spacious kitchen features a large center island with seating, creating a natural gathering place for entertaining. Just beyond, a rec room with pool table and wet bar delivers a built-in space for fun and relaxation. The layout comfortably accommodates large groups, offering multiple ensuite bedrooms along with additional guest rooms and bonus bunk spaces. The primary suite provides a private retreat complete with a balcony and a spa-like bath featuring a soaking tub. Step outside to your own private resort-style setting. The expansive pool deck surrounds a sparkling private pool, while a unique grotto with bar seating creates an unforgettable space for entertaining. A tucked-away hot tub adds to the sense of privacy and relaxation, making this home as enjoyable outdoors as it is inside. Located just over a mile from historic Corolla Village, you’re close to boutique shopping, dining, and iconic Outer Banks attractions including the Whalehead Club and Currituck Beach Lighthouse. With its prime location, distinctive architecture, generous homesite, and strong rental appeal, Cinco de Mayo offers a rare opportunity to own a standout coastal property with both character and income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Sakers Team,

    Coldwell Banker Seaside Realty KH,

    Ann Taylor S Lusk 252-489-9267,

    Coldwell Banker Seaside Realty KH

    Bought with:

    Ronald Barrett, 94054

    Brindley Beach Vacations & Sales - Cor

    Source: OBAR,MLS#: 132302MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 5
    • Partial bathrooms: 2
    Rooms
    • Room types: Game Room
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer/Dryer Stacked, Wine Cooler
    Features
    • Cathedral Ceiling(s), Wet Bar
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 4,193
    • Total interior livable area: 4,193 sqft

    Property

    Parking
    • Parking features: Off Street, Paved
    • Has attached garage: Yes
    • Details: Garage: Attached
    Features
    • Has private pool: Yes
    • Pool features: Outdoor Pool, Private
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Semi-Oceanfront (2nd row)
    Lot
    • Size: 0.53 Acres
    • Features: Corner Lot, Level
    Details
    • Zoning: SFO

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • Year built: 1989

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ocean Hill
    HOA
    • Has HOA: Yes
    • Amenities included: Common Area, Ocean Access
    • Services included: Walkways
    Location
    • Region: Corolla

    Financial & listing details

    • Price per square foot: $261/sqft
    • Annual tax amount: $5,676
    • Date on market: 3/27/2026
    • Cumulative days on market: 3 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Jumbo Loan
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/11/2026Sold$1,095,000-0.5%$261/sqft
    Source: OBAR #132302 Report a problem
    3/30/2026Contingent$1,100,000$262/sqft
    Source: OBAR #132302 Report a problem
    3/27/2026Listed for sale$1,100,000+88%$262/sqft
    Source: OBAR #132302 Report a problem
    1/18/2019Sold$585,000-56.7%$140/sqft
    Source: OBAR #102452 Report a problem
    2/8/2016Listing removed$1,350,000$322/sqft
    Source: Elan Real Estate #87829 Report a problem
    1/25/2016Listed for sale$1,350,000$322/sqft
    Source: Elan Real Estate #87829 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27927

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $1,094,100
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    +$21,882
    With Zillow Showcase(estimated)
    $1,115,982