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For sale
  • $3,250,000

    1225 Atlantic Ave, Corolla, NC 27927

    8beds
    5,404sqft
    : 
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    Single Family Residence
    Built in 1985
    0.8 Acres Lot
    $3,071,600 Zestimate®
    $601/sqft
    $70/mo HOA

    What's special

    Oceanfront retreatPanoramic atlantic ocean viewsBreathtaking ocean viewsPrivate poolHot tubNew furnishingsRefinished ceilings
    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 Flagship 757-995-1301

    Source: REIN Inc.,MLS#: 10638541MLS Logo

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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
      Features
      • Ceiling Fan(s)
      • Flooring: Ceramic Tile, Laminate/LVP
      • Basement: Crawl Space
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 5,404 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      • Patio & porch: Deck, Patio
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Partial,Fenced
      • Has view: Yes
      • View description: Beach, Ocean
      • Has water view: Yes
      • Water view: Beach,Ocean
      • Waterfront features: Ocean Front
      • Frontage length: 100
      Lot
      • Size: 0.8 Acres
      Details
      • Additional structures: Gazebo
      • Parcel number: 114C00000260001

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemp,Transitional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      • Foundation: Pile
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City/County

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: All Others Area 200
      HOA
      • Has HOA: Yes
      • HOA fee: $70 monthly
      Location
      • Region: Corolla

      Financial & listing details

      • Price per square foot: $601/sqft
      • Tax assessed value: $1,315,700
      • Annual tax amount: $9,732
      • Date on market: 6/7/2026

        Estimated market value

        $3,071,600

        $2.92M - $3.23M

        $5,052/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2024$9,716 +12.5%$1,315,700
        2023$8,640 +20.5%$1,315,700
        2022$7,172 +0.3%$1,315,700
        2021$7,149 -11.5%$1,315,700 -10.4%
        2020$8,078 0%$1,468,500
        2019$8,081 $1,468,500 -1.6%
        2018-- $1,491,800
        2017-- $1,491,800
        2016-- $1,491,800
        2015-- $1,491,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27927

        Getting around

        27 / 100
        Car-Dependent
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Currituck County Middle
        • High: Currituck County

        Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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