$989,000

1285 Lost Lake Dr Corolla, NC 27927

Corolla Area

Estimated payment $5,706/month

Total Views 208
4 Beds
4.5 Baths
2,263 Sq Ft
$437 Price per Sq Ft

Highlights

  • Community Beach Access
  • Views of a Sound
  • Second Refrigerator
  • Knotts Island Elementary School Rated 9+
  • In Ground Pool
  • Coastal Architecture

About This Home

Searching for elevated finishes, superb condition, privacy, views, amenities, and luxurious décor and furnishings? Look no further than 1285 Lost Lake. Tucked in a quiet cul-de-sac in the sought-after Villages at Ocean Hill, this semi-soundfront home pairs sweeping sound views with rare privacy — the lot backs directly to the Currituck Banks Reserve, 965 acres of maritime forest, marsh, and shoreline.

Villages at Ocean Hill is one of Corolla's most amenity-rich communities, offering owners two swimming pools (including an oceanfront pool with snack bar), a sports complex with tennis, pickleball, volleyball, and basketball courts, a fitness center, and a playground. Nature lovers will love the direct backdrop of the Currituck Banks Reserve, with its boardwalk trail over the sound and miles of maritime forest trails home to some of the Outer Banks' best birdwatching along the Atlantic Flyway.

Built in 2021 and used only as a second home, 1285 Lost Lake shows like new! The thoughtful layout offers four bedrooms, each with its own private bath, plus a powder room for guests. The upper level is the true showstopper, where a grand kitchen takes center stage with an open, light-filled space built for entertaining. Gorgeous countertops and a designer tile backsplash frame a generous island and an oversized pantry, all set beneath the same sweeping sound views that carry throughout the level. Thoughtful lighting throughout the home adds a designer touch at every turn, and creates a tranquil, elevated mood that makes this floor as beautiful to look at as it is to live in. The mid-level offers three nicely appointed bedrooms with private full baths and access to a large, relaxing mid-level deck overlooking the pool and Reserve.

The lower-level den is as stylish as it is functional, anchored by a wet bar with custom-built shelving and opening directly to the pool area and lanai — the perfect spot to entertain or unwind after a day on the beach.

Outside, a saltwater pool anchors the outdoor living space, complemented by a whole-home KEF surround sound system that extends to the pool and decks and a weather-protected 65" outdoor TV for effortless entertaining. Smart home conveniences — including an app-controlled thermostat and garage door, keyless entry, and a Ring camera system — add ease and peace of mind, whether you're on-site or checking in from afar. A finished garage with an epoxy-sealed floor rounds out the home, offering the kind of storage every OBX homeowner appreciates for beach gear, bikes, and all the extras that come with coastal living.

The superb condition, elevated finishes, and premier location truly set this one apart — book your private tour of 1285 Lost Lake today.

Listing Agent

Sarah Spencer

Keller Williams Outer Banks KDH Brokerage Phone: 252-261-7881 License #See Brokers Notes Listed on: 08/26/2026

Keller Williams Outer Banks KDH

Co-Listing Agent

Sarah Spencer

Keller Williams Outer Banks KDH Brokerage Phone: 252-261-7881 License #185795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,308

Year Built

  • Built in 2021

Lot Details

  • Property fronts a marsh
  • Cul-De-Sac
  • Property is zoned SFO

Property Views

  • Views of a Sound
  • Park or Greenbelt Views

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,263 Sq Ft Home
  • Cathedral Ceiling
  • Entrance Foyer
  • Game Room
  • Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

Overview

  • Villages At Ocean Hill Subdivision
  • Property is near a preserve or public land

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,308

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

Listing Details

  • Headline: Stunning Home with Views and Privacy!
  • Zoning: SFO
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Adj to Park Serv./Preserv, Cul-De-Sac
  • View Type:Pond View: Park/Greenbelt, Sound, Salt Marsh
  • Co List Office Mls Id: 009410
  • Attribution Contact: Team: 252-261-7881
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: Villages at Ocean Hill
  • Architectural Style: Reverse Floor Plan, Coastal
  • ResoRoomType: Foyer, Game Room
  • Pool_Type: Private and Association
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Association, In Ground, Private
  • Waterfront Features: Semi-Soundfront
  • Construction Type: Frame
  • Exterior: Cement Fiber Board

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2026
  • Tax Annual Amount: 3308.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,374 $413,000 $75,000 $338,000
2024 $3,374 $413,000 $75,000 $338,000
2023 $3,358 $413,000 $75,000 $338,000
2022 $2,542 $413,000 $75,000 $338,000
2021 $383 $90,000 $90,000 $0
2020 $477 $90,000 $90,000 $0
2019 $477 $90,000 $90,000 $0
2018 $0 $90,000 $90,000 $0
2017 $432 $90,000 $90,000 $0
2016 $432 $90,000 $90,000 $0
2015 -- $90,000 $90,000 $0
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
08/26/2026 08/26/26 For Sale $989,000 +35.5% $437 / Sq Ft
01/04/2022 01/04/22 Sold $729,900 0.0% $311 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $729,900 +784.7% $311 / Sq Ft
03/02/2021 03/02/21 Sold $82,500 -13.2% -- View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $95,000 -4.0% --
10/24/2020 10/24/20 Price Changed $99,000 -10.0% --
01/14/2020 01/14/20 For Sale $110,000 -- --
Source: Outer Banks Association of REALTORS®

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
Deed $730,000 None Available
Warranty Deed $82,500 None Available
Deed -- --
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
Open $583,920 New Conventional
Source: Public Records

Source: Outer Banks Association of REALTORS®

MLS Number: 133872

Outer Banks Association of REALTORS®

APN: 114E-000-0242-0000

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