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Corolla Investment Opportunity: Oceanside 5 Bedroom Home in Crown Point

Well maintained Corolla beach house just steps from the ocean – 762 Crown Point Circle

762 Crown Point Cir, Corolla
762 Crown Point Cir, Corolla

Located in the desirable Crown Point community in Corolla, this 5 bedroom, 3.5 bath oceanside home delivers the kind of features vacationers look for when booking an Outer Banks stay.

With easy beach access, community amenities, and updates already in place, this property is positioned to perform well as a vacation rental while also providing the perfect coastal getaway for owners.

Prime Corolla Location Near the Beach, Shopping, and Dining

Location is everything when it comes to Outer Banks investment properties, and this home checks that box in a big way.

Situated in the Crown Point community, the property is just a short walk to the beach and an easy bike ride to some of Corolla’s most popular conveniences including Food Lion, Ace Hardware, and the shops and restaurants at Timbuck II Shopping Center.

Guests love being able to park the car and explore Corolla by bike or on foot. The nearby beach access and close proximity to dining and shopping make this area especially attractive to vacation renters looking for convenience during their stay.

Reverse Floor Plan Designed for Vacation Living

Like many of the most successful Outer Banks vacation rentals, this home features a reverse floor plan that maximizes gathering space and natural light.

The top level offers a bright and open living area with cathedral ceilings and a cozy ship’s watch, creating a welcoming space for family and friends to come together. The kitchen has been updated with granite countertops, a new sink and faucet, and newer appliances, making it both functional and stylish for entertaining guests.

From the top deck, you’ll enjoy a slight ocean view along with a large west facing deck overlooking the neighborhood pond, the perfect spot to watch Corolla’s unforgettable sunsets.

The top floor also includes a private primary suite, offering a quiet retreat after a day at the beach.

The mid level includes an additional ensuite bedroom along with two more guest bedrooms. A covered deck on this level features the hot tub, a popular amenity that guests love after a long day in the sun and surf.

The fifth bedroom is located on the ground level and is easily accessible through the convenient dry entry from the carport. This level also offers plenty of storage for beach gear, bikes, and owner items.

Thoughtfully Updated and Well Maintained

One of the advantages of purchasing an established vacation rental property is the ability to step into a home that has already been maintained and improved over time.

This property has seen numerous updates including:

  • Granite kitchen countertops, sink, and faucet
  • Updated appliances including refrigerator, stove, dishwasher, and washer
  • New top floor AC unit
  • New hot water heater
  • Updated living room furnishings
  • New mattresses and televisions throughout the home
  • Replacement of hot tub components and cover
  • Updated toilets and window treatments

These upgrades help reduce immediate maintenance concerns for new owners while enhancing the overall guest experience.

The property also backs up to Crown Point common area, which means there are no homes directly behind it, providing additional privacy and open views.

Crown Point owners and guests also enjoy access to the community pool and tennis courts, two amenities that consistently attract vacation renters.

762 Crown Point Circle, Corolla

Trisha Midgett

Hi, I’m Trisha Midgett, broker-in-charge at Midgett Realty and the lead agent of Trisha Midgett & Team, a top-producing real estate team on the Outer Banks. I’ve been helping buyers, sellers, and investors navigate the Outer Banks real estate market for over 30 years, with a strong focus on Hatteras Island and the surrounding OBX communities. From oceanfront vacation homes to second homes and investment properties, my team and I work across the entire Outer Banks, including Nags Head, Kill Devil Hills, Kitty Hawk, Manteo, Corolla, and Ocracoke. In 2024, our team closed 212 transactions, followed by 181 transactions in 2025, reflecting a consistent track record of results in a unique coastal market. I specialize in second homes, vacation properties, short-term rental and investment real estate, and seller strategy, helping clients understand pricing, rental potential, and long-term value. With decades of experience on the Outer Banks, I bring deep local knowledge of neighborhoods, rental dynamics, and market trends to every transaction. Clients often tell me they appreciate my honest advice, fast communication, strong negotiation skills, and laid-back, easy-to-work-with approach. I’m honored to have earned over 450 five-star reviews on Zillow, 220+ Google reviews, 171 five-star Homes.com reviews, 122 five-star FastExpert reviews, and a 5-star rating on Realtor.com, with verified transaction history publicly displayed. I’ve also been recognized as one of America’s Top 100 Real Estate Agents™ for North Carolina, received HomeLight Top Producer and Top Negotiator Awards, and earned Outer Banks Coastal Life Readers’ Choice Best Real Estate Team honors. Whether you’re buying your first beach cottage, selling a vacation rental, or investing in a second home on Hatteras Island or anywhere on the Outer Banks, my team and I are here to guide you every step of the way and make the process as smooth and successful as possible.
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