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.
41 days
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778
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23
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Zillow last checked:
Listing updated:
Listed by:
Troy Brimmer,
1st Class Real Estate Flagship757-995-1301
Source: REIN Inc.,MLS#: 10638541
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8
Heating
Heat Pump
Cooling
Heat Pump, Zoned
Appliances
Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Electric Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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