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For sale
  • $2,750,000

    1231 Atlantic Ave Lot 29, Corolla, NC 27927

    7beds
    5,112sqft
    : 
    $16,433/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1996
    0.8 Acres Lot
    $2,630,200 Zestimate®
    $538/sqft
    $-- HOA

    What's special

    Panoramic atlantic ocean viewsPrivate poolNew vinyl pool linerHot tubUpdated interior furnishingsSoaring wood-accented cathedral ceilingsUpgraded mattresses
    Experience the best of Outer Banks oceanfront living in Corolla's coveted Ocean Hill community. Perched on one of the highest lots in the neighborhood, this exceptional 7-bedroom, 5.5-bath home offers over 5,100 square feet of beautifully designed living space with panoramic Atlantic Ocean views, a private boardwalk to the beach, and the amenities today's vacation renters seek. Designed with a reverse floor plan to maximize breathtaking ocean vistas, the upper level showcases soaring wood-accented cathedral ceilings, a stunning picture window framing the Atlantic, spacious gathering areas, and expansive sun and covered decks perfect for entertaining or relaxing after a day on the beach. An elevator provides convenient access to every level, while the private pool, hot tub, screened porch, and outdoor shower create the complete resort-style experience that keeps guests returning year after year. This property has been thoughtfully updated and is truly turnkey, featuring fresh exterior and interior paint, a new vinyl pool liner, updated interior furnishings, upgraded mattresses, and new outdoor furniture. These recent improvements enhance both owner enjoyment and long-term investment value while minimizing immediate capital expenses. Ideally located just minutes from the Currituck Beach Lighthouse, Historic Corolla Village, shopping, dining, the 4WD beaches, and the famous Corolla Wild Horses, this home offers the location, size, and amenities that consistently make Ocean Hill one of Corolla's most desirable vacation destinations. Whether you're expanding your investment portfolio or searching for a luxury second home that generates substantial rental income when you're away, this home offers the ideal combination of strong income potential, exceptional guest appeal, and enduring coastal value. This is a rare opportunity to own a proven vacation rental in one of Corolla's premier oceanfront communities while creating lasting memories for generations to come.
    20 days
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    1,603
    |
    123
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelli Hobbs 757-532-2115,

    Howard Hanna William E. Wood - Currituck

    Source: OBAR,MLS#: 133457MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 5
      • Partial bathrooms: 1
      Rooms
      • Room types: Game Room
      Heating
      • Forced Air, Heat Pump, Zoned
      Cooling
      • Central Air, Heat Pump, Zoned
      Appliances
      • Included: Range, Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher
      Features
      • Cathedral Ceiling(s), Wet Bar, Entrance Foyer
      • Flooring: Carpet, Tile, Wood
      • Furnished: Yes
      Interior area
      • Total structure area: 5,112
      • Total interior livable area: 5,112 sqft

      Property

      Parking
      • Parking features: Underground
      • Has carport: Yes
      • Details: Garage: Carport
      Features
      • Has private pool: Yes
      • Pool features: Outdoor Pool, In Ground, Vinyl, Salt Water, Private
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front, Beach Front, Waterfront
      Lot
      • Size: 0.8 Acres
      • Features: Beach Frontage, Waterfront
      Details
      • Zoning: SFO

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Reverse Floor Plan
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame, Wood Siding, Cement Fiber Board
      • Foundation: Pillar/Post/Pier
      • Roof: Asphalt
      Condition
      • Year built: 1996

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Ocean Hill
      HOA
      • Has HOA: Yes
      • Amenities included: Ocean Access
      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: 7/14/2026
      • Cumulative days on market: 22 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Lease term: Weekly
      • Road surface type: Paved

        Estimated market value

        $2,630,200

        $2.50M - $2.76M

        $5,664/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$2,750,000+11.3%$538/sqft
        Source: OBAR #133457 Report a problem
        9/15/2023Sold$2,470,000-3.1%$483/sqft
        Source: OBAR #120769 Report a problem
        6/27/2023Contingent$2,548,000$498/sqft
        Source: OBAR #120769 Report a problem
        6/6/2023Price change$2,548,000-5.6%$498/sqft
        Source: OBAR #120769 Report a problem
        4/3/2023Price change$2,698,000-3.5%$528/sqft
        Source: OBAR #120769 Report a problem
        11/8/2022Listed for sale$2,795,000+28.8%$547/sqft
        Source: OBAR #120769 Report a problem
        2/12/2021Sold$2,170,000-9.5%$424/sqft
        Source: OBAR #109928 Report a problem
        12/10/2020Contingent$2,399,000$469/sqft
        Source: OBAR #109928 Report a problem
        12/3/2020Price change$2,399,000-2%$469/sqft
        Source: Keller Williams Outer Banks #109928 Report a problem
        9/3/2020Price change$2,449,000+4.3%$479/sqft
        Source: Keller Williams Outer Banks #109928 Report a problem
        7/27/2020Price change$2,349,000+9.3%$460/sqft
        Source: Keller Williams Outer Banks #109928 Report a problem
        7/2/2020Listed for sale$2,150,000$421/sqft
        Source: Keller Williams Outer Banks #109928 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

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