1241 Atlantic Avenue, Corolla, NC 27927

$2,600,000
8
BD
9
BA
4,909
SqFt
Sold Price
$2,600,000
List Price
$2,695,000
Closing Date
Mar 16, 2023
MLS#
120756
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
8
Bathrooms
9
Full-baths
8
Half-baths
1
Living Area
4,909
Neighborhood
Ocean Hill

Property Description

Situated in the sought-after community of Ocean Hill, this grand oceanfront estate will captivate you at every turn. Stunning architectural features abound in this Victorian style reverse floor plan with breathtaking ocean views highlighted throughout the property. When arriving at this prime location, you are greeted with extra parking for all guests and access to a covered ground-level access that yields extensive storage, laundry, game room, covered entertaining areas, and access to a large elevator. Turn on vacation mode as you treat yourself to a full entertaining space complete with foosball, shuffleboard, wet bar, and access to the private pool, outdoor showers, hot tub, and a generous outdoor entertainment space. When entering from the main stairs of this home, you will be welcomed on the expansive open porch into a Main Level foyer leading you to a thoughtfully designed Den entertaining area complete with additional wet bar, access to the back deck and private walkway to the ocean complete with resort style views of the dunes and outdoor entertaining areas. This level offers 5 bedrooms with ensuites as well as an additional duo bunk room and hall bath. The top level offers a fresh design with upgraded, modern kitchen and entertaining areas. The sun-room on this level is a true pleasure offering a rounded bump out providing the perfect opportunity to enjoy the view in the relaxing spa-like environment. There are two additional ensuites on this level with soaking tubs situated perfectly for ultimate privacy. The Owner’s suite on this level features additional handicap accessible features. Each bedroom emphasizes the ocean views perfectly. When retreating to the outside; you will enjoy pool, plenty of relaxing space, a hot tub, and easy access to your private walkway to the ocean and gazebo. You will want for nothing in this beautifully decorated home with all major improvements awaiting your full enjoyment today! New Elevator installed in 2019, kitchen and bath renovations complete, and all HVAC units installed within the last two years. You will not want to miss the opportunity to enjoy this estate with family and friends while basking in the investment opportunity of a lifetime!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
Association Ammenities
Ocean Access
Association Fee Includes
Road Maintenance, Walkways
Construction
Frame
Siding
Shakes, Wood
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Hot Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
Floor Coverings
Carpet, Tile
Foundation
Piling
Heating
Central, Electric, Heat Pump
Interior Features
Dryer Connection, Ensuite
Lot Description
Beach Frontage
Parking
Under
Pool
Yes
Possession
At Closing
Roads
Paved
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Contemporary, Reverse Floor Plan, Victorian
View
Ocean
Well
Municipal
Zip
27927
Neighborhood
Ocean Hill
Lot Dimension
100x350
Year Built
1991
Annual Fee
344
Association Fee
$True
County
Currituck
Annual Rental Income
305070
Rental Co
Twiddy And Company
Rental Cottage #
N034
Rental Cottage Name
Drift Away
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
305070
Rental Performance
0.1173
Yearly Expense Act/Est
Actual
Yr Electric Expense
4400
Yr Water Expense
940
Yr Cable TV Expense
3735
Insurance Expenses
$1,758
Flood Expenses
822
Pool/Spa Expense
4025

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams - Outer Banks. Selling Office: Landmark Sotheby's International Realty.

Listed by Sarah Spencer

Copyright 2023 Outer Banks Association of REALTORS®. All rights reserved.

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®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS®. All rights reserved.

Real estate listing held by brokerage firms other than Real Estate Company are marked with the Broker Reciprocity logoSM or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

This information is deemed reliable, but not guaranteed. Neither the Outer Banks Association of REALTORS®, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information.