Asking Price:
$3,150,000
1245 Atlantic Avenue, Corolla, NC 27927
8 bd
8 ba
0 sq ft
MLS #: 126857
Status: Active

Listing Information

Area: Corolla Oceanside
Mls Status: Active
Cumulative Days On Market: 109
Listing Price: $3,150,000
Original Listing Price: $3,150,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 9/5/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5576
Total Living Area Sq Ft: 5576
Asking Price Per SqFt: $565.00
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 3
Year Built: 2008
Garage: 1 Car,Attached
Garage Sq Ft: 242
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, Outdoor Pool, Private, Vinyl
Builder Name: Shoreline Quality Construction
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room, Media Room
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 01
County: Currituck
Subdivision: Ocean Hill
Deed Book: 941
Deed Book Page Number: 288
County Pin Number: 114C00000360001
Price Change: 9/4/2024
Road Surface: Paved, Private
Association Amenities: Ocean Access

Lot Details

Lot Features: Beach Frontage
Water Frontage: 100
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $13,051.00
Flood Zone: VE,X
Water Source: Municipal
Contract Status Change Date: 9/5/2024
Estimated Annual Fee Amt: $750.00
Sewer: Septic Tank
Association Fee Includes: Management, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Sun Deck
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: 306000
Rental Performance: 0.0971
Owner Rental Income 2024 Amount: 243656
Avertised Income 2024 Amount: 284284
Owner Renatl Income 2023 Amount: 284093
Avertised Income 2023 Amount: 347021
Owner Renatl Income 2022 Amount: 285412
Avertised Income 2021 Amount: 340963

Listing Agent Remarks

Beautiful Oceanfront Estate on a High Site for capitaving Ocean Views. This very well designed Eight ( 8 ) Bedroom Oceanfront Beach Home, with a soothing elegance is excellent for fun gatherings ! Enjoy Ocean & Surf Views all along the Coast, from all of the Great Room Living, Dining, and Kitchen Areas. Private Pool, Hot Tub, Elevator, Billiards Rec Rm, an abundance of various Deck Settings to enjoy being Oceanfront at the Beach. The Living Area with large flatscreen tv, fireplace, majestic dining table with grand Ocean Views is outstanding. A beautiful large Kitchen with granite counters, double fridge, ovens & dishwashers, and cooking with gas six burner stovetop, makes it easy for festivities. Convenience of an Elevator is much appreciated by guests. A separate Recreation Arena with Billiard Table, widescreen tv, with Wet Bar Kitchenette keeps the refreshments handy. An additional Mid Level Den with Wet Bar and Full Size Fridge, is easily accessible to the outdoor Decks, Pool, Hot Tub, Beach Deck, to be so convenient for refreshments for outdoor living at the Beach ! The Private Pool & Hot Tub Deck catch Beach Views from every angle with expansive Sun Decks & Shaded Deck Seating, Dune Deck Seating, Poolside Lounge Chairs, Cabana, plus the elevated Hot Tub. Ideal for Outdoor Dining, with refreshing Ocean Breezes and enchanting Water Views. All of this makes it so relaxing to just become part of the Ocean’s enriching ambience. Three ( 3 ) Bedrooms on this Mid Level; One ( 1 ) Bedrooms on the Top Level with the Living Areas; Four ( 4 ) more Bedrooms on the Lower Level with the Rec Room. Each Bedroom with Private Bath is ideal. There is even a Sky Deck for exceptional views of the Stars & Moon; and colorful Sunrise & Sunsets. Quality Built by Shoreline Construction, 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 $1,200.00 per Year. Walk and 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 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 TurnLeft going North, past Adriatic Ave Beach Access, will be 6th Oceanfront on Right, 1245 Atlantic Avenue / Shoreline OBX OH-6, located 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 1245 Atlantic Avenue in Corolla is provided courtesy of Sun Realty - Corolla C: 252-453-8822. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 1245 Atlantic Avenue in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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