Shore Realty Outer Banks Home Sales

Listing Details For 1221 Atlantic Avenue in Corolla


MLS #: 92707
1221 Atlantic Avenue
Corolla, NC 27927
Asking Price: $2,495,000
Status: Active
Status Date: 7/5/2016



Listing Information

HeadlineMagnificent Oceanfront Estate
AreaCorolla Oceanside
Beds10
Full Baths9
Partial Baths2
Asking Price$2,495,000
Price Date7/26/2016
Original Asking Price$2,549,000
Price Per Square Foot$450
Days On Market284
Cumulative Days On Market564
Listing Date6/9/2016
Listing TypeExclusive Right Sell
Input Date Date6/9/2016
Update Date1/10/2017 6:19:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan
Year Built2003
Heated Living Area5540
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Pantry,Washer Connection,Wet Bar
CountertopsGranite,Laminate
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Security System,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Ceramic Tile,Tile,Wood,Hardwood
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
BuilderOlin Finch
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass,Private Pool
ExteriorCement Fiber Board
FoundationPiling,Slab
Optional RoomsGame Room,Library/Study,Home Theater,Media Room
Virtual TourGame Room,Library/Study,Home Theater,Media Room

Lot Details & Legal Description

Address1221 Atlantic Avenue
Unit/Lot #Lot #24
SubdivisionOcean Hill
CountyCurrituck
CityCorolla
StateNC
Zip27927
Deed Page670
Deed Book1058
Doc Timestamp1/10/2017 6:19:00 PM
Pin Number114C00000240001
Tax Database ID3
Tax Property ID114C00000240001
Lot Square Feet35000
Lot Size/Dimensions100 x 350
Lot DescritionBeach Frontage,Level
View DescriptionOcean
Distance To WaterOceanfront
ZoningRes
Flood ZoneVE
ParkingPaved,Off Street
RoadsPaved,Private
Association AmenitiesOcean Access

Property Expense & Utilities

If the seller of this property located at 1221 Atlantic Avenue in Corolla has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$280
Association Fee IncludesManagement,Road Maintenance,Walkways
Tax Year2015
Property Taxes$8,408
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameLegend of Atlantis
Rental Cottage #N024
Rental Turnover DaySaturday
Finance OptionsCash,Conventional,Jumbo Loan
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 1221 Atlantic Avenue is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Listing Agent Remarks

This custom, Olin Finch built, oceanfront estate is beyond impressive! Located on the white sand beaches of Ocean Hill in Corolla with breathtaking ocean views / beach views and over 5,500 square feet. A total of 10 bedrooms (8 masters) and 9 full, 2 partial bathrooms with attention to every last detail including a private elevator. The top level of this luxurious estate offers an open floor plan that flows perfectly and the multitude of windows results in a bright and airy feeling that everyone wants in a beach house. The gourmet kitchen includes many upgrades with granite countertops, stainless steel appliances and seating for six at the elevated breakfast bar. The kitchen flows into the living area with hardwood floors and custom tiled floor in dining area plus access to the numerous exterior decks. The top level also includes two master bedrooms, both with deck access. One of the master suites provides a relaxing Jacuzzi tub and shower. The mid level offers amazing ocean views, a large entry foyer with second living area, private theatre room, and four master bedrooms. The ground level offers two additional master bedrooms and the remaining two bedrooms with shared bath. The ground level rec room aims to please with pool table, foosball, game room, kitchenette with refrigerator, dishwasher & microwave. Adjacent to the ground level rec room is the outdoor area with large fiberglass pool, hot tub, private beach walkway and dune top deck. There is no question why this house has gross rentals of over $260,000, making it the perfect oceanfront investment!

Directions

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 1221 Atlantic Avenue in Corolla is provided courtesy of Matt Myatt of Village Realty - NH. 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 1221 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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