Corolla Investment Homes With A Yearly Rental Income > $50,000

Welcome to The Salty Crab, a 7 BEDROOM, 7 FULL BATH, ALL ENSUITES home which offers the space, location and amenities that make Corolla ownership so appealing. Set on an oversized 15,000 sq. ft. corner lot in Villages at Ocean Hill oceanside home is just a short walk to the beach with no major roads to cross. Whether you're looking for a vacation home, investment property or a combination of both, this home is designed to comfortably accommodate a crowd while still providing plenty of private spaces to retreat. The reverse floor plan places the main living area at the top of the home, where vaulted ceilings, abundant windows and access to the surrounding decks create a bright, open coastal atmosphere and OCEAN VIEWS! The kitchen is well suited for large gatherings with granite countertops, stainless-steel appliances, two dishwashers and generous prep space. Enjoy ocean views from one side of the home and a view toward the Currituck Beach Lighthouse from the ship's watch. Privacy is a major advantage of this floor plan, with all seven bedrooms offering their own private bathrooms. An additional gathering space on the mid level gives everyone room to spread out, while the ground-level recreation area provides another destination for entertaining with a pool table, TV and wet bar equipped with a full-size refrigerator, microwave and dishwasher. Outdoor living is a highlight here. The backyard features a 15' x 30' fiberglass private pool, hot tub tucked beneath a gazebo and outdoor shower**, while extensive multi-level decking provides multiple areas for enjoying the coastal surroundings. The property has also benefited from substantial recent improvements, including a **FORTIFIED roof in 2025** and **new rear exterior decking, steps and vinyl railings in 2024**. Additional updates include new first-floor LVP flooring, Ecobee smart thermostats, seven Smart TVs and new interior stair carpeting in 2024, along with new second-floor deck chairs in 2025. Ownership in Villages at Ocean Hill provides access to an outstanding collection of amenities extending from the ocean to the sound, including oceanfront and soundfront pools, tennis and pickleball courts, basketball and volleyball, a playground, lake, nature trails and an estuary boardwalk along the Currituck Sound. Historic Corolla Village, the Currituck Beach Lighthouse, Currituck Banks Reserve, restaurants, shopping, and the area's famous wild horses are all nearby. With an oversized homesite, seven private bedroom suites, extensive recent improvements, a private pool, and an amenity-rich oceanside location. $36,591 already booked for 2027. RENTAL PROJECTION ON FILE FOR OVER $115K! **Salty Crab is ready for its next chapter on the Outer Banks!**

Recently upgraded and loaded with excellent curb appeal, this turn key coastal retreat is located on a highly desirable & elevated corner lot in the award-winning Corolla Light resort community. Projected to do $80,000 in annual rental income but has only been lovingly used as a second home in the last few years. At just over 3,000 sq ft and hosting 6 bedrooms, this coastal home offers the ultimate setup for a high-performing vacation rental or a permanent beachside retreat. The property showcases major exterior improvements, including all-new professional landscaping and elegant custom stonework, freshly updated decking, and a full suite of brand-new, low-maintenance composite outdoor furniture. Step inside to an airy, light-filled floor plan boasting soaring cathedral ceilings, rustic beamed accents, a warm gas fireplace, and a convenient wet bar perfect for effortless coastal entertaining. Designed for seamless indoor-outdoor living, the exterior treats you to expansive covered decks, a private hot tub, and a refreshing outside shower, all situated safely in an X flood zone where no flood insurance is required. As part of the premier Corolla Light Resort, residents and guests enjoy unparalleled access to top-tier amenities including an oceanfront pool complex, oceanfront grille, sports courts, a fully equipped indoor sports complex with indoor pool, tennis and racquetball courts, private ocean and sound walkways and bike trails, and a neighborhood trolley service in season. With pristine beach access just steps away and popular local dining and shopping just around the corner, this updated property delivers the quintessential Outer Banks lifestyle.

Proven Corolla rental performer in Ocean Sands Section E! Known as Seahorse Shanty, this well-maintained 3-bedroom, 2.5-bath coastal home has generated approximately $60,000 in annual rental income and holds an outstanding 4.98 Airbnb rating from more than 130 reviews. Community boardwalk beach access places the ocean within easy reach, while Corolla’s shopping, dining, and attractions are just a short drive away. Bright and inviting, the home features cathedral and shiplap-style ceilings, skylights, and a custom kitchen refreshed in 2021 with cabinetry, countertops, and flooring. Outdoor living is a highlight, with sun decks, a hot tub installed in 2024, landscaped grounds, exterior lighting, an outdoor shower, and shaded space beneath the home. The lower level adds versatile living and entertaining space with beds, a game room, half bath, utility/workshop area, and a 2024 mini-split. Additional updates include washer and dryer in 2019. Sold furnished, this home is ready to enjoy personally or continue its established rental success. With thoughtful improvements and a desirable location, close to shopping and dinning, it is an appealing beach retreat and investment opportunity. *SELLER OFFERING A 1-POINT MORTGAGE RATE BUYDOWN WITH ACCEPTABLE OFFER!

Introducing "Magic Hour," a one-of-a-kind coastal escape where effortless luxury, inspired design, and endless ocean views come together in spectacular fashion. The latest custom creation from SB Designs & NorStar takes Outer Banks living to a whole new level—starting at the top. Perched high behind the dunes with sweeping Atlantic views, the top floor is designed for dreaming, dining, and entertaining. Expansive ocean-facing decks feature imported outdoor furnishings and custom twin hanging cocoon swings—perfect for sunrise coffee, sunset cocktails, and putting down your phone to stream something better: the rolling blue-green Atlantic. Inside, a soaring living area with exposed beams is anchored by a showstopping teal Zellige tile fireplace, framed in integrated LED lighting and custom fluted-reed woodwork, alongside a custom CB2 performance-suede sofa and cozy sweater-wool rugs. Across the room, the chef’s kitchen makes its own statement with an oversized island, gold-veined quartz, a dramatic white reed "beehive" chandelier, and one-of-a-kind rose Zellige tile in a striking Radian Offset pattern. A private wing reveals two luxurious primary suites, each with its own personality and built-in live-edge nightstands. The "Big Blue" room makes a splash with a sculptural soaking tub, beach-blue Skylight tile, and a custom floating vanity with a stone vessel sink. The "Bloom Room" captures warm western sunsets, while its dramatic bath wraps floor to ceiling in rose Zellige tile with a stunning architectural ledge. Follow the dramatic staircase—illuminated by a Moroccan shag-yarn chandelier and accented by a custom "Coastal Cowboy" print—to the mid-level, where the mood shifts from dreamy to playful. Here, ocean views set the scene for your very own "Cocktail Casbah," featuring a custom chevron-pattern Zellige tile bar with integrated, color-adjustable LED lighting to match your mood—or your martini. Across the room, a dedicated game area invites a little friendly competition while vinyl records provide the soundtrack. Prefer to escape the action? Step onto the shaded decks and let the gentle sway of hanging swings slow everything down. Two additional spacious king suites occupy a private wing of this level, each with its own en-suite bath, floating vanity, and distinctive Zellige tile finishes in Casablanca and Absinthe. Downstairs, the whimsical "Seaside Safari" bunk room brings a little magic to the youngest adventurers—and the young at heart. Sleeping six, from tots to teens, it features a spacious dedicated bath with a tub and shower. Just outside, a sparkling blue pool beckons after sun-soaked days on the beach, offering another perfect excuse to do absolutely nothing. Tucked away on the Wild & Wonderful 4-Wheel Drive beaches of the Northern Outer Banks, Magic Hour is more than a vacation home. It's a place to unplug, unwind, reconnect, and rediscover the luxury of doing life on your own time. Come make every hour your Magic Hour.

Forty years of beach memories. A classic Corolla setting. An opportunity to shape what comes next with a price that says don’t hesitate and a $50,000 seller credit toward a rate buydown, closing costs and improvements, subject to lender guidelines and agreed contract terms. There is a warmth to this home that comes from years of laughter, sandy feet and summers well spent. Those good beach vibes still live here, ready for the next chapter. Just a few lots from the beach, 839 Corolla Drive pairs old Outer Banks charm with ocean views, a large lot in the X flood zone and an aggressive price that reflects both its potential and the improvements still needed. Generous square footage, comfortably sized living spaces and multiple ensuite bedrooms provide room to gather, spread out and enjoy life at the beach. Outdoor living is equally inviting, with a pool, new hot tub and refreshed spaces for relaxing after a day on the sand. The manicured grounds feature classic Japanese coastal pines, thoughtfully pruned to complement the land and give the property an established coastal character. There is a familiar feeling here that longtime beach lovers will recognize. Summer days by the ocean, afternoons around the pool and evenings spent sharing stories. This home has been part of that tradition for decades, and its next chapter offers room for a new owner’s vision. Significant updates include new HVAC systems serving all three levels in 2026, new ductwork on the first and second floors, and replacement of approximately one third of the windows. Additional replacement windows are stored in the garage for the buyer to install. Two new rear decks with rails and steps, a new paver patio, new aluminum pool fencing and a new hot tub refresh the outdoor spaces. Other improvements include select appliances, new ceiling drywall across all three levels and some new siding on the ground level’s east side. The spacious layout offers opportunities to refresh and personalize, including a lower level with possibilities for a more inviting and versatile living space. For a buyer who sees the possibilities, the beach proximity, ocean views, substantial living space and spacious lot provide a compelling foundation for a remodel that preserves the home’s character while improving its comfort and function. Aggressive pricing creates an opportunity to pursue that vision and potentially build equity through well planned improvements. Bring your ideas, preserve a little of the old Outer Banks and make room for the next generation of beach memories. Home Inspection on File providing clarity to contract with knowing results upfront....a huge value in 2026. Call Shane Collins and the OBX Island Guys with SERHANT for your private tour today!

Welcome to The Hunkerdowner, where comfort meets coastal charm in this inviting soundside vacation home. Projected to generate over 70K in rental income for 2027, this home is perfectly located for an unforgettable OBX escape, inviting you to settle in, kick back, and create lasting memories with family and friends. Wrapped in expansive, spacious decking, The Hunkerdowner offers the ultimate outdoor living experience. Soak up the sun, unwind in the shade with a captivating book, or simply savor the peaceful soundside breezes. After a full day at the beach, dive into your own private pool or melt away the day in the relaxing hot tub. Inside, the striking great room with soaring cathedral ceilings creates a bright, open gathering space. The fully equipped kitchen makes meal prep effortless, while the large, open dining area brings everyone together for delicious dinners. Curl up in the comfortable living area to enjoy movie nights, or step onto the screened porch for outdoor dining with gorgeous sanctuary-like views. Rain or shine, entertainment is covered in the fun-filled rec room, complete with a foosball table, a second fridge stocked for snacks and drinks, and a Smart TV for your favorite shows or live sporting events. The Hunkerdowner is located in the highly desirable Villages at Ocean Hill, which not only offers 7 convenient Beach Accesses, but also gives you access to an impressive lineup of amenities: Tennis courts, basketball court, and multi-sport courts (shuffleboard, badminton/volleyball, and 4-square), fitness center (fee required), playground for the kids, lake/soundside pool and oceanside pool with snack bar, and a convenient beach valet service offering umbrella and chair rentals. The Hunkerdowner delivers the perfect blend of relaxation, recreation, and convenience for your next Outer Banks vacation. This is more than a rental — it’s your home away from home.

Coastal Perfection Awaits at 545 Seashell Lane! Embrace the beach lifestyle in this classic Corolla retreat, perfectly positioned on an expansive lot that radiates traditional coastal charm. Situated just steps from a highly desirable, uncrowded stretch of beach, this 4-bedroom, 2-full-bath home offers 1,570 square feet of inviting, light-filled living space. ONLY 900 ft +- TO BEACH ACCESS ON 24,352 SQ FT HOMESITE. PERFECT FOR EXPANSION TOO. With cosmetic updates, home is projected to do $61,000 in annual rental income or $85,000 annually with updates and the addition of a private pool and hot tub. Enjoy total peace of mind with recent capital improvements that include a new Fortified Roof installed in 2025 and a brand-new septic drainfield completed in 2024. Take in the beautiful scenic views from the spacious top-level deck; a perfect area for capturing refreshing ocean breezes and picturesque sunsets, or enjoy the peaceful screened in porch right off the kitchen. The oversized corner lot currently boasts a private volleyball court, and provides an incredible opportunity to add your own custom pool. Lots of potential to update and increase rents! Located in a quiet, sought-after Corolla neighborhood of Ocean Sands South, this turn-key property is ideal as a primary residence, a coastal getaway, or a rental investment.

Experience the best of Corolla living in this stunning 10-bedroom oceanfront retreat. Perfectly positioned to capture sweeping Atlantic views, this expansive coastal home offers the ideal blend of luxury, comfort, and income potential, consistently boasting over $300K in annual income. The home features an elevator for easy access to all levels, a home theatre, and a spacious game room for endless entertainment. Step outside to your private pool, tiki bar, and hot tub, or head straight to the beach from your oceanfront walkway.

Incredible NEW PRICE! PROVEN RENTAL HISTORY! This Brand New Semi-Oceanfront Seven Bedroom Beauty stands in all her glory at 2230 Sandfiddler Road in the 4-Wheel Drive Beach of Corolla, North Carolina. Upon entering this majestic dwelling, you will be in awe of the over 3500 square feet of pristinely planned and conditioned home with abundant amenities. The seven en-suite bedrooms are sure to impress with grand spaciousness and decor, fashioned to capture your eye and heart. The furnishings were chosen to fill each space with impeccable precision. Each room holds a thousand memories yet to be made by guests. An elevator has been installed to make accessibility to each of the three floors smooth for all generations. With a reverse floor plan to capture the magnificent views this elevator will make grocery hauling super convenient. The chefs in the family or those that simply enjoy a gourmet kitchen will be in love with this home. Modern, beautiful, and efficient, complete with two refrigerators, two dishwashers, a custom six burner range, two wall ovens, an enormous island, a walk-in pantry, and so much more! Enjoy Ocean Views from all spaces on the top floor, with a layout designed to capture natural light and ocean waves. Relax on the gorgeous sectional by the fireplace or have dinner at the handmade kitchen table suited for large gatherings. Morning coffee or cocktail hour? The deck space is endless on this home and can be appreciated every hour of the day from the huge sun decks, covered porches, to the private deck spaces. Exterior stairs connect each of the main decks all the way down to the pool area. This outdoor space is jaw dropping and includes a custom designed pool with a tanning ledge, a hot tub, a tiki bar, and an outdoor shower all made for joy, entertainment, and great family time. Adjacent to the outdoor pool area, awaits an indoor recreational room, equipped with a wet bar, pacman game, foosball table and an inviting sofa to lounge and watch the happiness on unfold! Whether you are looking for a second home, investment property, or perhaps a primary home where the sand begins and wild horses roam, this property will steal the show. With every detail thought out by the owners of this home, this property is turn key and fully furnished with custom furniture that was hand selected. Words cannot give justice to the breathtaking beauty of this home, Ocean Eyes. No one can better describe this gem than you. Book a showing and see with your own eyes the sun shining on the ocean, warm salt air, the wild horses, and the absolute perfection that is being offered with the sale of this home. Excellent Rental Income in 2026 & OVER $60k in Rental Income already on the Books for 2027!!

Welcome to the Southern Coastal lifestyle of Magnolia Bay in the Currituck Club where sipping lemonade on your covered back porch or swimming in your private saltwater, heated pool is the perfect way to finish your afternoon after a full day at the beach. Walk or catch a ride on the seasonal Trolley to the Corolla Public Beach Access on the Atlantic Ocean where you can utilize the complimentary Beach Valet service! Be sure to hydrate or grab a snack at the Beach SnackShack or Clubhouse Tiki Bar! Shopping, coffee and local pub are all within walking distance of Magnolia Court as is a path that meanders through the community so you may enjoy sunsets over the sound or exercise with your pets. Pick up seafood at the local market and head back to enjoy your spacious open floor plan with large windows and vaulted ceilings. Efficient kitchen layout has corner pantry, stainless steel appliances, peninsula seating for four and the adjoining dining area comfortably hosts a table for eight. Low maintenance, luxury vinyl plank floors flow from room to room, tile adorns the bathroom floors and the stairs are a finished hardwood. The living room has a dry bar niche, built in cabinets and a custom propane fireplace. The top level has a spacious en-suite with tile surround tub, double vanity and separate shower. Also on second level are two guest bedrooms that share hall bathroom and a built-in desk niche in the hallway. A single car garage has electric opener, a second refrigerator and provides additional storage with dry entry to hallway near full bath and laundry closet. Just pack your clothes as 547 Magnolia Court is offered fully furnished and is the closest feel to condo living with single-family privacy as the Homeowners Association maintains your lawn, irrigation and Bay Disposal rolls out and returns your trash cans! Ready to leave your private retreat to meet and mingle with the community? Enjoy the Magnolia Bay Clubhouse around the corner with community pool as well as tennis and pickleball courts or head North to the main clubhouse where you can workout in the newly renovated gym (2026), do laps in the outdoor pool or play on the playground, bocce ball, shuffle board, sand volleyball, basketball, pickleball and tennis courts. All equipment is provided! Live like you are on vacation by participating in the seasonal activities planned for all ages by the Association. Several charity events and activities occur throughout the year at the coveted Currituck Clubhouse where you can book a tee time on the 18-hole golf course that borders the 500 acres of The Currituck Club Community. Feel like you are at a resort while you use as a primary or second home. Alternatively, offset your expenses by adding to your investment portfolio as a vacation rental. Adventure is around the corner with lighthouses, wild horses, beaches, boats, kayaks and all that Outer Banks has to offer. Welcome home to The Currituck Club, Magnolia Bay!

Welcome to coastal living at its finest in the sought-after ocean-to-sound community of Villages at Ocean Hill. Ideally located just 1,200 feet from beach access, this beautifully appointed home offers the perfect blend of comfort, space, and resort-style amenities—making it an exceptional choice for a primary residence, second home, or investment property. This spacious home features 6 generous bedrooms, 5 full bathrooms, and 2 half baths, thoughtfully designed to accommodate both large gatherings and quiet retreats. From the moment you arrive, you’ll appreciate the added conveniences, including a carport with foot wash, and a basketball hoop for outdoor fun. Step outside to your own private oasis, where a 12x28 concrete pool is surrounded by ample seating and complemented by a relaxing hot tub—perfect for unwinding after a day at the beach. The ground level is designed for entertaining, featuring a large game room with a kitchenette that opens directly to the pool area, along with two en-suites for added privacy and comfort. The mid-level welcomes you with a bright foyer, a cozy family room ideal for movie nights or quiet reading, a spacious en-suite, and two additional bedrooms. Upstairs, the top level showcases an expansive great room filled with natural light, a bonus sitting area, guest bath, and a generous dining space. The well-appointed kitchen flows seamlessly into the living area, while the main en-suite provides a peaceful retreat. Villages at Ocean Hill is one of Corolla’s most amenity-rich communities and the last neighborhood before the iconic 4x4 beaches. Residents and guests enjoy access to an oceanfront pool with snack bar, multiple beach accesses, a soundside pool, tennis and pickleball courts, basketball courts, sand volleyball, shuffleboard, cornhole, a Four Square court, playground, fitness center, scenic walking and biking trails, and a 10-acre catch-and-release fishing lake. Whether you’re looking to create lasting family memories or capitalize on strong rental potential, this home offers it all—location, lifestyle, and endless possibilities—just moments from the wild beauty of Corolla’s 4x4 beaches.

751 Cormorant Trail is a spacious 5-bedroom, 5-bathroom single-family beach home located in the popular Ocean Sands subdivision of Corolla, North Carolina. Featuring a classic coastal reverse floor plan, this property offers 3,400 square feet of living space. The home boasts multiple levels of decking, including covered decks, sun decks, private pool and a relaxing hot tub. Includes an open-concept kitchen, large common areas, a recreation room, two living areas including a loft and carpet or tile flooring throughout. Conveniently situated just a short walk or quick drive from the beautiful, wide beaches of Corolla. The HOA fee for Section J of Ocean Sands in Corolla covers the maintenance and upkeep of private access roads, common area grounds, and community beach access walkovers. It also provides access to the seven-acre stocked freshwater lake, as well as the Corolla Bike Path. Owners block 3 weeks each summer.