Corolla - Beach Property For Sale #7628642

Welcome to 907 Lighthouse Drive--an exceptional 10-bedroom oceanfront estate in the heart of Corolla's coveted Whalehead Club, where timeless coastal luxury meets outstanding investment performance. Offered at just over $4 million and with estimated annual rental income exceeding $420,000, this proven income-producing property presents a rare, high-yield opportunity to own one of the Outer Banks' premier luxury rental home investments. Featuring 10 full baths, 1 half bath, and more than 5,500 square feet, the residence is designed for unforgettable guest experiences and enduring owner value. Perfectly positioned on a wide homesite with a healthy dune line and seamless private beach access, the property captures sweeping Atlantic views while offering the privacy and protection discerning oceanfront buyers seek. Dune-top seating invites sunrise coffee overlooking the surf, while expansive sun and covered decks create multiple spaces to relax, entertain, and take in the coastal breeze. Inside, spacious gathering areas are filled with natural light, and the chef's kitchen is thoughtfully designed to accommodate large groups with ease. Multiple en-suite bedrooms deliver the privacy and comfort that continue to command premium rental demand. The outdoor experience is equally compelling, curated for effortless resort-style living. Enjoy a private heated pool, spa, cabana, tiki bar, exterior half bath, and two outdoor showers--ideal for seamless transitions from beach to poolside entertaining. A covered porch provides the perfect setting for alfresco dining, where ocean breezes and sunsets become part of every meal. Inside, guests are treated to a theatre room, game room, wet bar, elevator access to all levels, and accessibility features, including an entry ramp. Recent major upgrades further elevate the home's turnkey appeal and long-term durability. Improvements include new exterior and interior paint, new gas fireplace, new hot water heater, all new TVs, Sonos sound system with outdoor speakers, new Polywood furnishings, a new pinball machine, all new Jeld-Wen windows throughout the great room, dining room, bedrooms, baths, and kitchen, along with full interior wainscoting and trim painting. Every enhancement has been thoughtfully made to maximize enjoyment while protecting investment value. Located in an X flood zone, where flood insurance is not currently required by lenders, and just moments from Corolla's dining, shopping, iconic lighthouse, and 4x4 beaches, this rare offering combines luxury, lifestyle, and exceptional returns in one of the Outer Banks' most sought-after oceanfront settings.