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5 Beds
4 Baths
2,297 sqft

$825,000

1242 Fairwinds Lane, Corolla NC, 27927

Price per sqft$359.16
Built in1995
Property size2,297 sqft
Property typeResidential

Overview

Active

Listed Oct 29, 2026

Updated 2 days ago

Introducing a beautifully maintained five-bedroom, three-and-a-half-bath soundside retreat in the sought-after Villages at Ocean Hill community of Corolla, North Carolina. Situated on a spacious corner lot, this inviting coastal home offers a thoughtful blend of comfort, convenience, and the natural beauty that makes the northern Outer Banks so special. Just steps from the lakefront community pool, year-round fitness center, sports courts, and playground, the property enjoys an enviable location within a community celebrated for its exceptional amenities and relaxed coastal lifestyle. The home also offers immediate access to the community’s Nature Trail just behind the property, inviting peaceful strolls through the surrounding natural landscape. Along the community lake, a favorite pastime for residents and guests of all ages is visiting the friendly sea turtles, often with a handful of Cheerios in tow for a memorable lakeside moment. Its soundside setting provides a welcome sense of protection from the elements while keeping Corolla’s beautiful beaches within easy reach. Inside, vaulted ceilings create an airy, open atmosphere, while the living room fireplace—with an electric heating option—provides a cozy gathering space in every season. Outdoors, two showers offer a convenient touch after days spent at the beach, and the home’s vantage point captures picturesque views of the Currituck Beach Lighthouse, a timeless Corolla landmark that can be enjoyed throughout the day and illuminated beautifully after dark. Offering both immediate enjoyment and future potential, the property also features valuable expansion space off the lower deck, with an existing storage room and carport area presenting an opportunity to create additional living space and a full bathroom. Roughed-in plumbing and sill plates are already in place, providing a head start for those looking to explore the possibilities. Whether envisioned as a primary residence, second home, or coastal investment, this well-positioned retreat offers a wonderful opportunity to enjoy the amenities, natural surroundings, and enduring charm of the Villages at Ocean Hill. Inside, a sun-filled interior and well-designed layout provide an inviting gathering place for family and friends. The kitchen features stainless steel appliances, island seating, and an easy connection to the dining area, creating a natural flow for shared meals and entertaining. Beyond, the sunroom offers a charming extension of the living space, complete with a tiki bar and access to sun-drenched decks overlooking the community lake. As the day winds down, these outdoor spaces provide a front-row seat to the spectacular sunsets that paint the Currituck Sound in brilliant coastal hues. Designed for enjoying the outdoors as much as the comforts within, the home offers multiple opportunities to unwind, from shaded spaces perfect for hammock lounging to afternoons spent relaxing in the spa. Durable composite decking adds lasting value while helping simplify exterior maintenance, and convenient carport parking provides welcome protection from the elements. Beyond the home, an exceptional Corolla setting places you within close proximity to some of the northern Outer Banks’ most treasured attractions. Explore the historic charm of Corolla Village, visit the iconic Currituck Beach Lighthouse, or venture north toward the 4x4 beaches, where Corolla’s famous wild horses roam freely along the shoreline. Whether enjoying the community’s extensive amenities, sharing a simple lakeside moment with the resident sea turtles, taking in a sunset over the sound, or discovering the area’s rich history and natural beauty, this inviting retreat offers a wonderful opportunity to experience the best of coastal Corolla.

$5,489/mo

Est. mortgage payment based on a $825,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
134496

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,290
Tax Frequency
Annually
View
Yes
Furnished
Yes
Pool
Yes
MLS provider logo

Courtesy of Twiddy and Company - Corolla, Hunter Davis & OBX Legacy Home Sales Team,
Listing Contact: Team 1: 704-936-6456 

Based on information from Outer Banks Association of REALTORS® as of 10/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Outer Banks Association of REALTORS® all rights reserved.

Data last updated on 10/30/2026 at 4:15 AM UTC

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