A Premier Investment Opportunity in The Currituck Club – 514 Magnolia Way, Corolla
The Outer Banks real estate market continues to be a prime destination for savvy investors, second-home buyers, and those seeking a coastal retreat with strong rental potential. Trisha Midgett & Team is thrilled to introduce Avoca Blue, a stunning soundfront home located in The Currituck Club, one of Corolla’s most sought-after golf and resort communities.
Not only does this property boast breathtaking water views and top-tier amenities, but it also delivered over $81,000 in rental income in 2024, making it a turnkey investment opportunity.
A Waterfront Escape Designed for Relaxation & Profitability
Perched on a quiet soundside peninsula in Magnolia Bay, Avoca Blue offers a rare blend of tranquility and convenience. Surrounded by marsh grass, mature landscaping, and panoramic water views, this home is a true coastal sanctuary while still providing easy access to The Currituck Club’s extensive amenities.
From the moment you step inside, the open-concept great room captivates with floor-to-ceiling windows showcasing stunning sunset views over Beasley Bay. The adjoining soundfront deck is perfect for outdoor entertaining, whether you’re sipping coffee in the morning or enjoying a glass of wine as the sun sets.
For those seeking an income-producing property, the home’s spacious layout, private pool, and hot tub make it a highly desirable rental in the OBX market. Guests are drawn to its luxurious features, resort-style amenities, and easy beach access, ensuring strong booking demand year after year.
Luxury Features & High-End Finishes Throughout
One of Avoca Blue’s standout features is its chef’s kitchen, equipped with stainless steel appliances, including a Viking gas range. Whether preparing meals for family or renters, this space offers both style and functionality, all while enjoying breathtaking sound views.
The main-level primary suite is a private retreat featuring:
- Direct deck access with water views
- A spa-like ensuite bath with a walk-in shower & dual showerheads
- Spacious closets and elegant finishes
The home also includes three additional bedrooms, providing ample space for guests or family. Investors will appreciate the durable tile and LVP flooring throughout, eliminating carpet maintenance and making this home even more appealing as a low-maintenance rental.
Resort-Style Amenities That Attract Renters
Owning in The Currituck Club means access to world-class amenities, enhancing the rental appeal of Avoca Blue. Guests and owners alike can enjoy:
- A fitness center, tennis, volleyball, shuffleboard & basketball courts
- Multiple outdoor pools throughout the community
- Complimentary summer trolley service to the beach, complete with valet assistance (Memorial Day – Labor Day)
- An 18-hole championship golf course, designed by the legendary Rees Jones
These features make Avoca Blue a highly marketable rental property, offering a full Outer Banks experience that keeps guests returning year after year.
Investment Potential – Over $81K in Rental Income
For investors looking for a high-performing rental property in the Outer Banks, Avoca Blue is a proven winner. With $81,000+ in rental income generated in 2024, this home has already established itself as a profitable vacation rental with room for even greater earnings.
Its prime location, luxury features, and sought-after amenities make it a standout investment for buyers looking to generate passive income in one of North Carolina’s most popular vacation destinations.