Closing Price:
$3,250,000
$3,250,000
1243 Atlantic Avenue,
Corolla, NC 27927
9 bd
9 ba
5000 sq ft
MLS #: 122294
Status: Closed
Sold Details
Status: Closed
Sold Price: $3,110,000.00
Closing Date: 5/8/2024
Contract Date: 4/1/2024
Seller Concessions: Yes
Concession Comments: $40,000 for buyer expenses
Total Days on Market:
Cumulative Days on Market: 318
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 318
Cumulative Days On Market: 318
Listing Price: $3,250,000
Original Listing Price: $3,250,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 5/10/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5000
Total Living Area Sq Ft: 5000
Asking Price Per SqFt: $650.00
Heated Living Area Sq Ft: 5000
BedroomsTotal: 9
Bathrooms Full: 9
Bathrooms Partial: 1
Year Built: 2010
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, In Ground, Outdoor Pool, Private
Builder Name: SAGA Quality Construction
Counter Tops: Granite,Laminate,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Foyer, Game Room, Home Theater, Media Room
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding
Legal Description
Section: 01
County: Currituck
Subdivision: Ocean Hill
Deed Book: 1115
Deed Book Page Number: 0739
County Pin Number: 114C00000350001
Price Change: 5/9/2024
Road Surface: Paved, Private
Association Amenities: Ocean Access
Lot Details
Lot Size Dimensions: 100' Oceanfrontage
Lot Features: Beach Frontage
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $10,988.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/10/2024
Estimated Annual Fee Amt: $750.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Sun Deck,Whirlpool/Spa,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Association Consultants
Primary Residence: No
Street Frontage : 100
HOA Contact Info: 252-500-0100
Rental Income
Annual Rental Income: 399810
Rental Performance: 0.1286
Owner Rental Income 2024 Amount: 297444
Avertised Income 2024 Amount: 324404
Owner Renatl Income 2023 Amount: 350053
Avertised Income 2023 Amount: 378445
Owner Renatl Income 2022 Amount: 328751
Avertised Income 2021 Amount: 359754
Owner Rental Income 2021 Amount: 349500
Avertised Income 2021 Amount: 385678
Listing Agent Remarks
Perched on a nice and high Oceanfront Dune for dynamite Ocean Views, this outstanding Nine Bedroom Oceanfront Beach Home, is loaded for fun gatherings ! Enjoy Ocean & Surf Views all along the Coast, from all of the Great Room Living, Dining, and Kitchen Areas. The Oceanfront windows with large panels of glass, provide a multitude of magnificent Ocean Views, capturing the dancing surf, splashing before you. Private Pool, Hot Tub, Elevator, Billiards Rec Rm, Theatre, many Deck Settings maximize options to celebrate your being at the Beach. With this uniquely high elevated homesite, even most of the Bedrooms have Ocean Views ! The Living Area with large flat screen tv, a double sided fireplace, majestic dining table with grand Ocean Views is outstanding. Beautiful large kitchen with granite counters, double fridge & dishwashers, makes it easy for festivities. The Great Room's double Fireplace creates another cozy private nook with comfortable seating and wet bar libations. Convenience of an Elevator is much appreciated by guests. A separate Recreation Arena with Billiard Table and adjacent Theatre area with Wet Bar Kitchenette keeps the refreshments handy. The Private Pool & Hot Tub Deck Arenas catch Beach Views from every angle with expansive Sun Decks, Shaded Deck Seating, Dune Deck Seating, Poolside Lounge Chairs, Cabana, plus the large Hot Tub and Kiddie Pool. Ideal for Outdoor Dining, ample Sun Decks, gatherings in the shade, refreshing Ocean Breezes, and enchanting Water Views. All of this makes it so relaxing to just become part of the Ocean’s enriching ambience. As soon as one enters the Mid Level Front Door Foyer, Ocean Views welcome you. Five bedrooms on this level; Two Bedrooms on the Top Level with the Living Areas; Two more Bedrooms on the lower level with the Rec Room & Theatre. Each Bedroom with Private Bath is ideal. Elevator, Double sided Fireplace, Pool & Hot Tub with an abundance of Decking for every venue. Well designed, quality Built by SAGA Construction, makes for an excellent Beach Home, that you will cherish. As an Owner in Ocean Hill, one can purchase Recreational Memberships to the Villages at Ocean Hill ( VOH ) Community Amenities which includes the VOH Oceanfront Pool, the Soundside Lakeside Pool, Tennis and Pickleball Courts, Sand Volleyball Court and the Fitness Center for $1200.00 per Year. Walk or bicycle to tour Corolla Village, climb the Corolla Lighthouse, visit the historic Whalehead Mansion, and see the historic Boat Museum. The Corolla Wild Horses roam the 4X4 Beach Areas, just a ten minute drive to the Northern Sand Road Beaches. You are all set for a fabulous time at the Beach with this Oceanfront Estate !
Directions
North of Corolla Lighthouse, just past "Corolla Village Convenience Store & Citgo Gas Station", at next Paved Road, Turn Right onto Coral Lane into Ocean Hill..... 15 mph Speed Limit. Straight to Atlantic Avenue, then Turn Left going North, past past Adriatic Ave Beach Access, will be 4th Oceanfront on Right, 1243 Atlantic Avenue is on a High Sand Dune for best Ocean Views !Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 1243 Atlantic Avenue in Corolla is provided
courtesy of Sun Realty - Corolla C: 252-453-8822. Information is believed to be accurate but is not
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or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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