Ocean views abound at this 7 bedroom home in northern Corolla. Located on a huge, elevated oceanfront lot, this home was lovingly used only as a second home, and the house is NOT currently in a rental program (minimal wear and tear) but is projected to do over $296,000+ a year in rental income! The meticulous owners have been updating over the recent years with a HUGE heated concrete pool and spacious pool deck/cabana, a new kitchen with granite countertops and stainless appliances, select new siding and exterior paint, and newer HVACs. Well appointed and designed to take in the view, the home has a reverse floor plan with the top level hosting the open kitchen, dining and living room, all overlooking the Atlantic Ocean. The generous Oceanside decks on the top level and mid-level look out over the pool area and across the wide dune to the beach. On the third floor you’ll also find a half bath and an en-suite king bedroom overlooking the sunset views to the west. The mid-level has 4 bedrooms total, two of which have their own private bathrooms with Jacuzzi tubs, and access to the ocean-side deck. On the ground level you’ll find 2 more bedrooms, a recently remodeled full bathroom, and a large game room with kitchenette and plenty of room to add your own pool table, ping pong table or foosball table! From the rec room, step outside to enter the large fenced in pool deck with shaded cabana area or walk out on your own private beach walkway complete with dune deck area that provides yet another relaxing area to take in the view of the Atlantic Ocean. With ample parking, this home is a comfortable and spacious beach getaway that also provides a great investment opportunity! Located in the Villages at Ocean Hill, you're just down the street from the 4x4 beaches where the wild horses roam, and historic Corolla Village & Shops and even the Currituck Lighthouse! Also enjoy the premier Villages at Ocean Hill community amenities including oceanfront & lakefront pools, tennis, basketball and pickleball courts, year-round fitness center, and more! Furnishing updates/costs available upon request.