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.
For sale
$2,750,000
1231 Atlantic Avenue, Corolla, NC 27927
7beds
5,112sqft
Single Family Residence
Built in 1996
0.8 Acres Lot
$2,564,900 Zestimate®
$538/sqft
$71/mo HOA
What's special
- 55 days
- 929
- 72
Zillow last checked:
Listing updated:
Listed by:
Kelli Hobbs 757-532-2115,
Howard Hanna WEW/Moyock
Source: Hive MLS,MLS#: 100590339
Originating MLS: Albemarle Area Association of REALTORS
Originating MLS: Albemarle Area Association of REALTORSFacts & 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
- Number of fireplaces: 1
- 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: 55 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Lease term: Weekly
Estimated market value
$2,564,900
$2.44M - $2.69M
$6,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $2,750,000+11.3%$538/sqft |
Source:  Hive MLS #100590339 Report a problem | ||
| 9/15/2023 | Sold | $2,470,000+13.8%$483/sqft |
Source: Public Record Report a problem | ||
| 2/12/2021 | Sold | $2,170,000-9.5%$424/sqft |
Source: Public Record Report a problem | ||
| 12/10/2020 | Pending sale | $2,399,000$469/sqft |
Source: Keller Williams - OBX #109928 Report a problem | ||
| 12/2/2020 | Price change | $2,399,000-2%$469/sqft |
Source: Keller Williams - OBX #109928 Report a problem | ||
| 9/2/2020 | Price change | $2,449,000+4.3%$479/sqft |
Source: Keller Williams - OBX #109928 Report a problem | ||
| 7/27/2020 | Price change | $2,349,000+9.3%$460/sqft |
Source: Keller Williams - OBX #109928 Report a problem | ||
| 7/1/2020 | Listed for sale | $2,150,000+7.6%$421/sqft |
Source: Keller Williams - OBX #109928 Report a problem | ||
| 2/5/2020 | Listing removed | $1,999,000$391/sqft |
Source: Keller Williams Outer Banks #105546 Report a problem | ||
| 8/21/2019 | Price change | $1,999,000-4.8%$391/sqft |
Source: Keller Williams Outer Banks #105546 Report a problem | ||
| 8/15/2019 | Price change | $2,099,000-2.4%$411/sqft |
Source: Keller Williams Outer Banks #105546 Report a problem | ||
| 6/18/2019 | Listed for sale | $2,150,000$421/sqft |
Source: Keller Williams - OBX #105546 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,150 +0.1% | $1,630,400 |
| 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.Climate risks
Neighborhood: 27927
Nearby schools
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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