1225 Atlantic Ave Corolla, NC 27927
Corolla AreaEstimated payment $18,813/month
Highlights
- Ocean Front
- In Ground Pool
- Contemporary Architecture
- Knotts Island Elementary School Rated 9+
- Deck
- 1 Fireplace
About This Home
OCEANFRONT LUXURY INVESTMENT OPPORTUNITY IN COROLLA'S PREMIER BEACH COMMUNITY. Experience the ultimate Outer Banks lifestyle at 1225 Atlantic Avenue, a spectacular oceanfront retreat offering direct private beach access, panoramic Atlantic Ocean views and exceptional income-producing potential. Extensively renovated and upgraded , this turnkey property has been transformed into a premier luxury vacation destination designed to maximize both owner enjoyment and rental performance. This expansive home features 8 bedrooms, 8 full bathrooms, and a brand-new septic system. Nearly every aspect of the property has been thoughtfully updated, including all bathrooms, new flooring throughout, refinished ceilings and updated lighting, fresh interior and exterior paint, updated kitchen finishes, new furnishings, newer windows across the home, new outdoor furniture. Designed for entertaining and creating unforgettable vacation experiences, guests enjoy multiple gathering spaces, a dedicated theater room, poker room, private pool, hot tub, expansive oceanfront decks, and direct access to Corolla's wide sandy beaches. The open-concept living areas showcase breathtaking ocean views and create the perfect setting for gatherings, special events, and luxury beach vacations. Beyond the home itself, ownership here means embracing the iconic Outer Banks lifestyle—morning sunrises over the Atlantic, days spent fishing, surfing, shelling, and relaxing by the pool, followed by evenings enjoying ocean breezes from expansive decks under the Carolina stars. Rental projections indicate potential annual income of $300,000+ with a full rental season following completion of renovations and upgrades. This is a rare opportunity to acquire a renovated oceanfront home that combines luxury coastal living, exceptional guest amenities, strong rental history, and outstanding future income potential in one of Corolla's most sought-after oceanfront locations.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,732
Year Built
- Built in 1985
Lot Details
- 34,848 Sq Ft Lot
- Ocean Front
- Partially Fenced Property
HOA Fees
- $70 Monthly HOA Fees
Parking
- Driveway
Property Views
- Ocean
- Beach
Home Design
- Contemporary Architecture
- Transitional Architecture
- Composition Roof
- Pile Dwellings
Interior Spaces
- 5,404 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- 1 Fireplace
- Crawl Space
- Home Security System
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deck
- Patio
- Gazebo
Schools
- Currituck County Middle School
- Currituck County High School
Utilities
- Zoned Cooling
- Heat Pump System
- Electric Water Heater
- Septic System
Community Details
- All Others Area 200 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,732 | $1,315,700 | $904,400 | $411,300 |
| 2024 | $9,732 | $1,315,700 | $904,400 | $411,300 |
| 2023 | $9,716 | $1,315,700 | $904,400 | $411,300 |
| 2022 | $7,172 | $1,315,700 | $904,400 | $411,300 |
| 2021 | $7,149 | $1,468,500 | $1,071,000 | $397,500 |
| 2020 | $8,078 | $1,468,500 | $1,071,000 | $397,500 |
| 2019 | $8,081 | $1,468,500 | $1,071,000 | $397,500 |
| 2018 | $0 | $1,491,800 | $1,071,000 | $420,800 |
| 2017 | $7,451 | $1,491,800 | $1,071,000 | $420,800 |
| 2016 | $7,434 | $1,491,800 | $1,071,000 | $420,800 |
| 2015 | -- | $1,491,800 | $1,071,000 | $420,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/07/2026 06/07/26 | For Sale | $3,250,000 | +85.7% | $601 / Sq Ft | |
| 12/06/2023 12/06/23 | Sold | $1,750,000 | -2.8% | $515 / Sq Ft | View Prior Sale |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- | |
| 03/10/2023 03/10/23 | Price Changed | $1,800,000 | -5.3% | $529 / Sq Ft | |
| 03/10/2023 03/10/23 | Price Changed | $1,900,000 | -5.0% | $559 / Sq Ft | |
| 10/15/2022 10/15/22 | For Sale | $2,000,000 | -- | $588 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | None Listed On Document | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional | |
| Closed | $1,400,000 | New Conventional |
Source: Real Estate Information Network (REIN)
MLS Number: 10638541
APN: 114C-000-0026-0001
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