NEW WOOD FLOORS BEING INSTALLED IN BEDROOMS IN OFF SEASON 2021 AND ALL OTHER FLOORS ARE BEING REFINISHED. This luxurious oceanfront home was built by Mancuso Development in 2015 and has all the amenities, coupled with an impressive rental history, generating approximately $320K in rental income in 2021 only renting in the peak season. Situated on an elevated lot with 100 feet of oceanfront, you can enjoy panoramic ocean views of the wide, beautiful beaches of Corolla. Situated in an X Flood zone, so no flood insurance required!  Professionally designed and tastefully furnished with high end custom touches. The top level boasts a spacious chef's kitchen with large center island, double ovens, two dishwashers, and two refrigerators and granite counters. The dining room looks out over the ocean with a beautiful handmade table that seats 18. The spacious and open living area is situated around a double sided fireplace, with multiple sitting areas and large windows for taking in the view. Also on the top level is the main master suite with a private covered deck. The mid-level includes seven large bedrooms, 5 of which are masters with their own private en suite bath, and all seven have direct deck access. The lower level boasts a theatre room, game room with pool table and kitchenette and bar area, and kids room with built in bunks, and of course an elevator that takes you to all levels of the home. Perhaps the best features of the home are found outdoors, which was thoughtfully designed to enjoy this piece of coastal paradise. Enjoy the oversized heated salt water pool with large sun shelf perfect for sunbathing, two hot tubs, a tranquil waterfall, a poolside cabana with outdoor TV, and a large grilling area with plenty of seating. The elevated private walkway to the beach ends at a large dune deck perfect for enjoying sunrises and sunsets. Truly a stunning home and great investment!