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Under contract
  • $3,150,000

    1123 Franklyn St LOT 101, Corolla, NC 27927

    6beds
    4,648sqft
    : 
    Single Family Residence, Residential
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $678/sqft
    $-- HOA

    What's special

    Gas fireplacePanoramic ocean viewsOceanfront homePrivate poolGourmet kitchenMultiple decksHardwood floors
    Experience coastal living at its finest with this stunning 6-bedroom, 6-bath oceanfront home located in the highly desirable Corolla Light Resort. Boasting panoramic ocean views with plenty of dune protection, this property combines elegance, comfort, and impressive rental performance, generating $238,000 in 2025. This home is one of the very few oceanfront homes in Corolla Light to boast a private pool. Step inside to discover tasteful design elements throughout, including ceramic plank tile in the bedrooms, hardwood floors, and granite countertops. Set up as a reverse floor plan, this home features 6 spacious bedrooms (5 are primary en-suites) with private baths, including a top-level master suite with a whirlpool tub and stunning ocean views. Enjoy multiple decks, a great room with a gas fireplace, and a gourmet kitchen with a 6-burner range. The middle level features four beautifully appointed bedrooms and a cozy ocean-facing den, perfect for relaxing with a view. On the ground level, you'll find a spacious rec room complete with a pool table, wet bar, and full-size refrigerator for ultimate entertainment. A recently replaced brand new elevator adds convenience to every level, while the large 2-car garage provides ample storage for all your beach gear. Recent upgrades include two new HVAC systems installed in 2024, ensuring efficiency and peace of mind. This home has been meticulously maintained and thoughtfully updated for modern coastal living. Resort-style amenities await in Corolla Light include, but are not limited to, an Oceanside pool with an on-site restaurant, an Indoor fitness center, and basketball & pickleball courts. Don’t miss this opportunity to own a prime oceanfront retreat with strong income potential in one of the Outer Banks’ premier communities.
    26 days
    on Zillow
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    1,853
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    111
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    Zillow last checked: 7 hours ago

    Listing updated: August 10, 2025 at 08:16am

    Listed by:

    Matt Preston 252-207-6143,

    Twiddy and Company - Corolla

    Source: OBAR,MLS#: 130002MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 6
    • Partial bathrooms: 2
    Rooms
    • Room types: Breakfast Nook, Game Room, Shipswatch
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
    Features
    • Wet Bar
    • Flooring: Ceramic Tile, Wood
    • Furnished: Yes
    Interior area
    • Total structure area: 4,648
    • Total interior livable area: 4,648 sqft

    Property

    Features
    • Has private pool: Yes
    • Pool features: Indoor, Outdoor Pool, In Ground, Private, Association
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front, Beach Front
    Lot
    • Features: Beach Frontage
    Details
    • Zoning: SFO

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Reverse Floor Plan
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Cement Fiber Board
    • Foundation: Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Corolla Light
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Indoor Pool, Ocean Access, Pool, Tennis Court(s), Playground, Racquetball, Sound Access, Common Area
    • Services included: Maintenance Structure, Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic, Tennis Courts, Walkways
    Location
    • Region: Corolla

    Financial & listing details

    • Price per square foot: $678/sqft
    • Annual tax amount: $11,730
    • Date on market: 7/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly
    • Road surface type: Paved
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