This is an extraordinary opportunity to acquire an 80-foot wide oceanfront lot on the coveted north end of Carova Beach in the scenic 4WD area of Corolla. This property offers a unique and highly advantageous combination of natural beauty and superior building conditions, making it an ideal choice for both a luxury custom home and a lucrative rental investment. What truly sets this lot apart is the presence of extensive X Flood Zone land. This is a rare find directly on the oceanfront and provides exceptional dune protection and stability, which can translate into significant long-term savings on construction, elevation requirements, and even insurance costs. The elevation provides the perfect platform to build a home designed to capture tremendous, commanding ocean views from every level. The location is unparalleled. Situated where the wild Corolla horses roam freely, you'll enjoy a unique coastal environment just under 1/4 mile from the pristine, protected wilderness of False Cape State Park. This proximity ensures that the natural beauty to the north will remain preserved, adding permanent value and appeal. This lot is a must-see for any investor or future homeowner looking for a unique, well-protected piece of Outer Banks oceanfront real estate.
This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.