News Summary
A major opportunity for developers and beach lovers has emerged with over 177 acres of unimproved land for sale in Corolla, North Carolina. This prime property consists of five parcels, including two with direct access to the Atlantic Ocean. The land, located in scenic Currituck County, is approved for extensive development, including hotels, single-family homes, and commercial spaces. Prospective buyers can look forward to unique opportunities, including marina access and breathtaking ocean views. With plans to enhance connectivity in the region, this property is attracting significant interest and represents a rare investment in the Outer Banks.
Exciting Opportunities in Corolla, North Carolina: 177+ Acres of Prime Land Up for Grabs
Big news for land developers and beach enthusiasts! In the scenic town of Corolla, nestled in North Carolina’s beautiful Outer Banks, a whopping 177+ acres of unimproved land has landed on the market. This incredible property is made up of five parcels, with not one, but two boasting direct access to the breathtaking Atlantic Ocean. Talk about a prime piece of real estate!
The Perfect Location
Situated in Currituck County, Corolla is known for its stunning coastline, luxurious homes, charming condominiums, and well-established hotels and commercial venues. This parcel of land presents a unique opportunity for potential buyers to create their dream projects in a place that attracts visitors from all over the globe.
Endless Development Possibilities
If you’ve ever thought about diving into real estate development, this piece of land could be your golden ticket. With approvals already in place for by-right development, buyers can look forward to an impressive array of possibilities including:
- 1,250 hotel rooms to accommodate beachgoers and tourists
- Up to 782 single-family homes perfect for families looking to settle in paradise
- Close to 428,000 square feet of commercial development space which can include restaurants, shops, or entertainment venues
Each parcel is equipped with municipal water and sewer access, making it an even wiser choice for developers. Additionally, Section T of the land permits the highest building height allowed in the Outer Banks, offering the potential for stunning ocean views.
Exclusive Water Access
Flexible Development Options
With unique rights to rearrange density on a pre-approved basis, the property stands out amongst others in the region. This flexibility allows for creative visions, whether you’re interested in developing exclusive family compounds or larger-scale commercial projects. The waterfront parcels alone account for over 82.6 acres and 44 acres, making this an enviable opportunity.
Infrastructure and Accessibility
The Outer Banks has been making strides toward enhanced connectivity with plans in motion for the Mid-Currituck Bridge. This upcoming 7-mile span will link the mainland to the northern Outer Banks, significantly reducing travel time and improving access. Currently, the area relies on the Wright Memorial Bridge, but these new developments are expected to make visiting Corolla even more appealing.
A Slice of History
The Outer Banks is not just a pretty face; it’s steeped in history. It’s famously known as the site of the Wright Brothers’ first flight at Kitty Hawk, adding a cultural significance to the area that complements its stunning natural beauty.
A Unique Listing Price
Curious about the price tag on this prime piece of real estate? Well, that remains under wraps for now but given the size and potential of this listing, it’s sure to capture serious attention from developers eager to seize an opportunity that is likely unmatched elsewhere in the Eastern United States.
With NAI Global managing more than 1.1 billion square feet of property across various locations globally, the chances of seeing action on this property are quite high. They’ve successfully completed over $20 billion in commercial real estate transactions in a year alone, highlighting their expertise and commitment to the field.
Don’t Miss Out!
This is a fabulous opportunity not just to invest in land but to also help shape the future of a vibrant coastal community. As the demand for oceanfront property in the Outer Banks grows, this 177+ acre listing might just be the opportunity you’ve been waiting for. Keep an eye on the developments and start dreaming of what you could create in this beautiful corner of North Carolina!
Deeper Dive: News & Info About This Topic
HERE Resources
Ocracoke Island Featured on HGTV for Its Unique Homes
Record-Setting Luxury Home for Sale in Corolla, NC
Corolla, North Carolina Welcomes Record-Breaking Luxury Estate
Outer Banks Named Most Beautiful Place in North Carolina
Wild Foal Disturbance Raises Concerns in Beaufort
Outer Banks Faces Workforce Housing Crisis Amid Tourism Boom
Mid-Currituck Bridge Project Under Environmental Scrutiny
Discovering the Gems of North Carolina
Home Values Surge in North Carolina Amid Economic Shifts
Major Overhaul Coming for Lindsay C. Warren Bridge
Additional Resources
- NAI Global Lists Rare Outer Banks Land Acquisition
- Wikipedia: Outer Banks
- Best Places to Buy a Beach House
- Things to Do in Outer Banks – NY Times
- Outer Banks Houses Collapse – USA Today
Author: STAFF HERE OUTER BANKS WRITER
The OBX STAFF WRITER represents the experienced team at HEREOBX.com, your go-to source for actionable local news and information in the Outer Banks, Dare County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Outer Banks Seafood Festival, NC VIP Fishing Tournament, and NCBBA Red Drum Tournament. Our coverage extends to key organizations like the Outer Banks Chamber of Commerce and Outer Banks Community Foundation, plus leading businesses in tourism, retail, and hospitality that power the local economy such as Kitty Hawk Kites, Outer Banks Mall, and Avon Fishing Pier. As part of the broader HERE network, including HEREAsheville.com, HERECharlotte.com, HEREGreensboro.com, and HERERaleigh.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
