$2,750,000

1231 Atlantic Ave Corolla, NC 27927

Corolla Area

Estimated payment $16,184/month

Total Views 8,218
7 Beds
5.5 Baths
5,112 Sq Ft
$538 Price per Sq Ft

Highlights

  • Community Beach Access
  • Ocean Front
  • In Ground Pool
  • Knotts Island Elementary School Rated 9+
  • Indoor Spa
  • Oceanside

About This Home

Experience the best of Outer Banks oceanfront living in Corolla's coveted Ocean Hill community. Perched on one of the highest lots in theneighborhood, this exceptional 7-bedroom, 5.5-bath home offers over 5,100 square feet of beautifully designed living space with panoramicAtlantic Ocean views, a private boardwalk to the beach, and the amenities today's vacation renters seek. Designed with a reverse floor plan tomaximize breathtaking ocean vistas, the upper level showcases soaring wood-accented cathedral ceilings, a stunning picture window framingthe Atlantic, spacious gathering areas, and expansive sun and covered decks perfect for entertaining or relaxing after a day on the beach. Anelevator provides convenient access to every level, while the private pool, hot tub, screened porch, and outdoor shower create the completeresort-style experience that keeps guests returning year after year. This property has been thoughtfully updated and is truly turnkey, featuringfresh exterior and interior paint, Trex decking, a new vinyl pool liner, updated interior furnishings, upgraded mattresses, and new outdoorfurniture. These recent improvements enhance both owner enjoyment and long-term investment value while minimizing immediate capitalexpenses. Ideally located just minutes from the Currituck Beach Lighthouse, Historic Corolla Village, shopping, dining, the 4WD beaches, andthe famous Corolla Wild Horses, this home offers the location, size, and amenities that consistently make Ocean Hill one of Corolla's mostdesirable vacation destinations. Whether you're expanding your investment portfolio or searching for a luxury second home that generatessubstantial rental income when you're away, this home offers the ideal combination of strong income potential, exceptional guest appeal, andenduring coastal value. This is a rare opportunity to own a proven vacation rental in one of Corolla's premier oceanfront communities whilecreating lasting memories for generations to come.

Listing Agent

Kelli Hobbs

Howard Hanna WEW/Moyock License #329243 Listed on: 07/21/2026

Howard Hanna WEW/Moyock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,150

Year Built

  • Built in 1996

Lot Details

  • 34,848 Sq Ft Lot
  • Lot Dimensions are 100x350x100x350
  • Ocean Front
  • Property fronts a private road
  • Fenced Yard
  • Property is zoned Sfo: Single-Family Reside

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction

Interior Spaces

  • 5,112 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Indoor Spa
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Approach with Ramp

Pool

  • In Ground Pool
  • Outdoor Shower
  • Vinyl Pool

Outdoor Features

  • Oceanside
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Knotts Island Elementary School
  • Currituck County Middle School
  • J.P. Knapp Early College High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 114c00000290001

Community Details

Overview

  • Ocean Hill Association, Phone Number (252) 500-0100
  • Ocean Hill Subdivision

Recreation

  • Community Beach Access

Security

  • On-Site Manager or Management

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,150

Year Built

Built in 1996

Lot Details

0.8 Acres

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • View: Ocean
  • Appliances: Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Ice Maker, Dishwasher
  • Original List Price: 2750000.00
  • Accessibility Features: Accessible Full Bath, Accessible Approach with Ramp, Accessible Bedroom, Accessible Elevator Installed
  • Unit Levels: Three Or More
  • Living Area: 5112.00
  • Is New Construction?: No
  • Other Structures: Covered Area, Storage
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 537.95
  • Special Features: None

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Flooring: Vinyl, Carpet, Tile, Hardwood
  • Interior Amenities: Vaulted Ceiling(s), Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Furnished, Hot Tub, Reverse Floor Plan, Walk-in Shower, Wet Bar, Eat-in Kitchen
  • Master Bedroom Level: Primary Living Area
  • Furnished: Furnished
  • Laundry Features: Dryer Hookup, Washer Hookup, Laundry Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplaces: 1
  • Has Fireplace?: Yes
  • Total Bedrooms: 12
  • Room Types: Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Living Room, Dining Room, Dining Area, Laundry, Breakfast Nook
  • Stories: 2
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 5.10
  • Living Area Range: 5000 - 5499

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood, Fenced
  • Roof: Architectural Shingle
  • Road Frontage Type: Oceanfront
  • Pool Features: In Ground, Vinyl
  • Road Frontage Type: Private Road
  • Waterfront?: Yes
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Covered, Deck, Porch, Screened

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Attached Carport

Utilities

  • Utilities: Water Connected, Private
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: County Water
  • Cooling: Central Air, Zoned, Ceiling Fan(s)
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: Beach Access, Management
  • Association Fees: 850.00
  • Association Fee Frequency: Annually
  • Association Name: Ocean Hill
  • Association Phone#: 252-500-0100
  • Has H O A?: Yes
  • Association Management Company: Association Consultants

Association/Amenities

  • H O A And Neighborhood Amenities Club Membership: None Selected

Schools

  • Elementary School: Knotts Island Elementary
  • High School: Currituck County High School
  • Middle Or Junior School: Currituck County Middle
  • Zoned High School: J.P. Knapp Early College

Lot Info

  • Deed Book: 1749
  • Deed Page: 314.00
  • Zoning: Sfo: Single-Family Reside
  • Lot Features: Ocean Side
  • Lot Size Acres: 0.8
  • Lot Size: 100x350x100x350
  • Lot Size Sq Ft: 34848.00
  • Parcel#: 114c00000290001
  • Permitted Use: Public

Rental Info

  • Lease Term: Weekly

Tax Info

  • Tax Year: 2025
  • Tax Book Number: A
  • Tax Map Number: 136
  • Tax Other Assessment Amount Frequency: n/a
  • Tax Amount: 12149.9

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,150 $1,630,400 $904,400 $726,000
2024 $12,150 $1,630,400 $904,400 $726,000
2023 $12,134 $1,630,400 $904,400 $726,000
2022 $8,955 $1,630,400 $904,400 $726,000
2021 $8,940 $1,672,500 $1,071,000 $601,500
2020 $9,294 $1,672,500 $1,071,000 $601,500
2019 $9,294 $1,672,500 $1,071,000 $601,500
2018 $0 $1,672,500 $1,071,000 $601,500
2017 $8,422 $1,672,500 $1,071,000 $601,500
2016 $8,437 $1,672,500 $1,071,000 $601,500
2015 -- $1,672,500 $1,071,000 $601,500
Source: Public Records

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
07/21/2026 07/21/26 For Sale $2,750,000 +11.3% $538 / Sq Ft
09/15/2023 09/15/23 Sold $2,470,000 -3.1% $483 / Sq Ft View Prior Sale
06/27/2023 06/27/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $2,548,000 -5.6% $498 / Sq Ft
04/03/2023 04/03/23 Price Changed $2,698,000 -3.5% $528 / Sq Ft
11/08/2022 11/08/22 For Sale $2,795,000 +28.8% $547 / Sq Ft
02/12/2021 02/12/21 Sold $2,170,000 -9.5% $424 / Sq Ft View Prior Sale
12/10/2020 12/10/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $2,399,000 -2.0% $469 / Sq Ft
09/02/2020 09/02/20 Price Changed $2,449,000 +4.3% $479 / Sq Ft
07/27/2020 07/27/20 Price Changed $2,349,000 +9.3% $460 / Sq Ft
07/01/2020 07/01/20 For Sale $2,150,000 -- $421 / Sq Ft
Source: Hive MLS

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 -- None Listed On Document
Warranty Deed $2,470,000 None Listed On Document
Warranty Deed $2,170,000 None Listed On Document
Warranty Deed -- Attorney
Deed $270,000 --
Source: Public Records

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
Previous Owner $1,976,000 New Conventional
Source: Public Records

Source: Hive MLS

MLS Number: 100590339

Hive MLS

APN: 114C-000-0029-0001

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