Closing Price:
$2,330,000
$2,330,000
1209 Atlantic Avenue,
Corolla, NC 27927
5 bd
6 ba
5000 sq ft
MLS #: 125143
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,100,000.00
Closing Date: 6/3/2024
Contract Date: 4/14/2024
Seller Concessions: Yes
Concession Comments: Concession $4,720.
Total Days on Market:
Cumulative Days on Market: 17
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 17
Cumulative Days On Market: 17
Listing Price: $2,330,000
Original Listing Price: $2,330,000
Possession: Negotiable, Other
Short Sale: No
Price Date: 6/4/2024
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: $466.00
Heated Living Area Sq Ft: 5000
BedroomsTotal: 5
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1993
Garage: 2 Car,Attached
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Refrigerator
Roof: Asphalt
Parking: Paved, Off Street, Underground
Foundation: Piling
Pool: No
Builder Name: Pete Hunter / Olin Finch
Counter Tops: Granite,Marble,Laminate,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Foyer, Office, Utility Room, Workshop
Flooring: Carpet, Tile, Hardwood
Construction Materials: Frame, Wood Siding
Legal Description
Section: 1
County: Currituck
Subdivision: Ocean Hill
Subdivision Name: Ocean Hill Section One
Deed Book: 307
Deed Book Page Number: 417
County Pin Number: 114C00000180001
Price Change: 6/3/2024
Road Surface: Paved, Private
Association Amenities: Ocean Access
Lot Details
Lot Size Dimensions: 100 X 300
Lot Features: Beach Frontage, Level, Waterfront
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $9,951.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/4/2024
Estimated Annual Fee Amt: $750.00
Sewer: Septic Tank
Association Fee Includes: Road Maintenance
Association Fee Yes or No: Yes
Financials
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Boardwalk to Beach,Ceiling Fan(s),Central Vacuum,Elevator,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Whirlpool/Spa,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Association Consultants, AAMC
Primary Residence: Yes
Street Frontage : 100
HOA Contact Info: 252- 500- 0100 c/o Lynsey
Rental Income
Annual Rental Income: 162932
Rental Performance: 0.0776
Listing Agent Remarks
This beautiful custom oceanfront home is designed to maximize ocean, beach & lighthouse views. Located in Ocean Hill with the largest lots & setbacks in Corolla. Ocean Hill’s paved private roads protect owners from on-street parking. Ocean Hill’s restrictive covenants protect one from 9+ bedroom mini hotels being built, like in other areas. An ideal place for homeowners & guests. With just over 5,000 SF of air-conditioned floor space, the dining & sleeping areas accommodate up to 14 guests comfortably. You enter the home from the spacious covered front porch, complete with double swing and sitting area. The entry door opens to a large oak-floored family room. Four large windows provide your first views of the wide dune and the ocean beyond. This large family room serves as a daytime game room & Dolby Atmos surround-sound theater after dark. Ascending the open staircase to the top level reveals the great room with spectacular panoramic ocean views of the full coast from north to south. The great room’s granite fireplace surround and oak mantle are framed by custom oak shelving & second surround-sound video system. The open floor plan flows to a large dining area with views of the Ocean & Currituck Lighthouse. This is adjacent to the spacious modern kitchen with cook island that opens to the lighthouse deck for outdoor grilling & dining with sunset & lighthouse views. The great room also opens to a large oceanside deck to watch the sunrise. The upper-level owner suite has two sitting areas: one in front of four large oceanfront windows, for enjoying the ever-changing views of sea and sky; the second faces the fireplace & TV for a relaxing private evening. This suite features two walk-in closets/dressing rooms & a large custom tiled bathroom with spacious shower area & a separate heated Jacuzzi tub. The well-lit area features two vanities & a hidden laundry chute. The mid-level offers separate accommodations. To the north is a large king bedroom with sitting area & ensuite bath. Next is a four-bed bunk room. The north side also has a combined laundry/ craft room with desk area, built-in cabinets, full sink & closet storage. The south side has an oceanfront king bed suite with walk-in closet & Jacuzzi tub; plus ocean views & deck access. The mid-level deck has a large hot tub & a shaded hammock with ocean & Lighthouse views. Across the hall is a queen bed suite that opens to a covered front porch with porch swing & seating with great sunset & lighthouse views. The first level as an extended family suite, is currently used as an office. It features a king sofa bed, office table, ensuite bath and mini kitchen with fridge & wet bar. The enclosed garage area has room for two cars, plus a large play area & a work/ storage room. An elevator allows easy access from these areas to both the mid & upper levels. All floors have deck access to a walkway over the dune and stairs to the beach. The large beach deck is great for entertaining or relaxing off the sand. There is even room for a swimming pool within the CAMA guidelines if desired. After a day on the beach or a night in the hot tub you can rinse off using the walkway shower or the two private outside hot and cold showers. The nicely landscaped front yard is perfect for lawn games. Below the lawn, the septic system can be expanded to the Ocean Hill 8-bedroom limit. The driveway & garage has parking for at least 8 cars. This home was built to last. The home’s foundation is secured by more than 40 telephone pole pilings extending 20 feet below ground. In 2010 an expansion & remodel for full-time residency was done; including total upgrade of plumbing, HVAC systems, windows, roof, decks, siding, interior floors, finishes & appliances. The home exterior was painted in 2021 and it has been very well maintained by the resident owner. Projected 2024 rental Income Advertised Rates: $162,932; w added Private Pool: $229 ,019. With 8 Bedrooms: Projection is $277,767.
Directions
North of Corolla Lighthouse on NC Rt 12, just past Corolla Village's Convenience Store & Citgo Gas Station, take the next paved Road Right Turn on Coral Lane. Straight to the Oceanfront is 1209 Atlantic Ave at the Corner.Official MLS Disclaimer
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