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For sale
    • $2,750,000

    1231 Atlantic Avenue, Corolla, NC 27927

    7beds
    5,112sqft
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    Single Family Residence
    Built in 1996
    0.8 Acres Lot
    $2,562,700 Zestimate®
    $538/sqft
    $71/mo HOA

    What's special

    Experience the best of Outer Banks oceanfront living in Corolla's coveted Ocean Hill community. Perched on one of the highest lots in theneighborhood, this exceptional 7-bedroom, 5.5-bath home offers over 5,100 square feet of beautifully designed living space with panoramicAtlantic Ocean views, a private boardwalk to the beach, and the amenities today's vacation renters seek. Designed with a reverse floor plan tomaximize breathtaking ocean vistas, the upper level showcases soaring wood-accented cathedral ceilings, a stunning picture window framingthe Atlantic, spacious gathering areas, and expansive sun and covered decks perfect for entertaining or relaxing after a day on the beach. Anelevator provides convenient access to every level, while the private pool, hot tub, screened porch, and outdoor shower create the completeresort-style experience that keeps guests returning year after year. This property has been thoughtfully updated and is truly turnkey, featuringfresh exterior and interior paint, Trex decking, a new vinyl pool liner, updated interior furnishings, upgraded mattresses, and new outdoorfurniture. These recent improvements enhance both owner enjoyment and long-term investment value while minimizing immediate capitalexpenses. Ideally located just minutes from the Currituck Beach Lighthouse, Historic Corolla Village, shopping, dining, the 4WD beaches, andthe famous Corolla Wild Horses, this home offers the location, size, and amenities that consistently make Ocean Hill one of Corolla's mostdesirable vacation destinations. Whether you're expanding your investment portfolio or searching for a luxury second home that generatessubstantial rental income when you're away, this home offers the ideal combination of strong income potential, exceptional guest appeal, andenduring coastal value. This is a rare opportunity to own a proven vacation rental in one of Corolla's premier oceanfront communities whilecreating lasting memories for generations to come.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kelli Hobbs 757-532-2115,

    Howard Hanna WEW/Moyock

    Source: Hive MLS,MLS#: 100590339MLS LogoOriginating MLS: Albemarle Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Living Room, Dining Room, Laundry, Breakfast Nook
      Heating
      • Electric, Heat Pump, Zoned
      Cooling
      • Central Air, Zoned, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Ice Maker, Dishwasher
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • Vaulted Ceiling(s), Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Furnished, Hot Tub, Reverse Floor Plan, Walk-in Shower, Wet Bar, Eat-in Kitchen
      • Flooring: Vinyl, Carpet, Tile, Hardwood
      • Furnished: Yes
      Interior area
      • Total structure area: 5,112
      • Total interior livable area: 5,112 sqft

      Property

      Parking
      • Parking features: Attached Carport
      • Has carport: Yes
      Accessibility
      • Accessibility features: Accessible Full Bath, Accessible Approach with Ramp, Accessible Bedroom, Accessible Elevator Installed
      Features
      • Levels: Three Or More
      • Patio & porch: Covered, Deck, Porch, Screened
      • Exterior features: Outdoor Shower
      • Pool features: In Ground, Vinyl
      • Fencing: Back Yard,Wood,Fenced
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front
      • Frontage type: Oceanfront
      Lot
      • Size: 0.8 Acres
      • Dimensions: 100 x 350 x 100 x 350
      • Features: Ocean Side
      Details
      • Additional structures: Covered Area, Storage
      • Parcel number: 114c00000290001
      • Zoning: Sfo: Single-Family Reside
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Other, Pilings
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: County Water
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Subdivision: Ocean Hill
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Access, Management
      • HOA fee: $850 annually
      • HOA name: Ocean Hill
      • HOA phone: 252-500-0100
      Location
      • Region: Corolla

      Financial & listing details

      • Price per square foot: $538/sqft
      • Tax assessed value: $1,630,400
      • Annual tax amount: $12,149
      • Date on market: 7/21/2026
      • Cumulative days on market: 8 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Lease term: Weekly

        Estimated market value

        $2,562,700

        $2.43M - $2.69M

        $6,181/mo

        Price history

        DateEventPrice
        7/21/2026Listed for sale$2,750,000+11.3%$538/sqft
        Source: Hive MLS #100590339 Report a problem
        9/15/2023Sold$2,470,000+13.8%$483/sqft
        Source: Public Record Report a problem
        2/12/2021Sold$2,170,000-9.5%$424/sqft
        Source: Public Record Report a problem
        12/10/2020Pending sale$2,399,000$469/sqft
        Source: Keller Williams - OBX #109928 Report a problem
        12/2/2020Price change$2,399,000-2%$469/sqft
        Source: Keller Williams - OBX #109928 Report a problem
        9/2/2020Price change$2,449,000+4.3%$479/sqft
        Source: Keller Williams - OBX #109928 Report a problem
        7/27/2020Price change$2,349,000+9.3%$460/sqft
        Source: Keller Williams - OBX #109928 Report a problem
        7/1/2020Listed for sale$2,150,000+7.6%$421/sqft
        Source: Keller Williams - OBX #109928 Report a problem
        2/5/2020Listing removed$1,999,000$391/sqft
        Source: Keller Williams Outer Banks #105546 Report a problem
        8/21/2019Price change$1,999,000-4.8%$391/sqft
        Source: Keller Williams Outer Banks #105546 Report a problem
        8/15/2019Price change$2,099,000-2.4%$411/sqft
        Source: Keller Williams Outer Banks #105546 Report a problem
        6/18/2019Listed for sale$2,150,000$421/sqft
        Source: Keller Williams - OBX #105546 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$12,134 +12.5%$1,630,400
        2023$10,785 +20.4%$1,630,400
        2022$8,955 +0.2%$1,630,400
        2021$8,940 -3.8%$1,630,400 -2.5%
        2020$9,294 $1,672,500
        2019$9,294 $1,672,500
        2018-- $1,672,500
        2017-- $1,672,500
        2016-- $1,672,500
        2015-- $1,672,500
        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.
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        Climate risks

        Neighborhood: 27927

        Getting around

        21 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Knotts Island Elementary
        • Middle: Currituck County Middle
        • High: Currituck County High School

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

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