Indulge in the serene beauty of nature and sweeping ocean views in this grand oceanfront retreat situated on a 3-acre lot in the coveted 4x4 section of Corolla. With almost 8000 square feet of living space, a consistent rental history generating over $200K in rental income, this home is meticulously designed to comfortably accommodate large gatherings while offering all the amenities required for a successful investment property. The top floor boasts an open and spacious layout, adorned with spectacular ocean views that you'll never tire of enjoying. The expansive kitchen is a chef's dream, equipped with three dishwashers, two microwaves, three ovens, two range tops, two sets of sinks, and an ice machine! Whether preparing meals for family and friends or hosting a beachfront feast, the ample dining space ensures everyone has a place at the table. The Great Room features a massive sectional sofa, perfect for unwinding while soaking in the breathtaking ocean vistas. Entertainment abounds within this luxurious retreat. Enjoy movie nights in the state-of-the-art theater room featuring surround sound and tiered seating. Challenge friends to games in the two spacious game rooms, or find solace in the mid-level den/office. Outside, a private oceanfront pool and hot tub beckon relaxation, while multiple decks offer idyllic spots for savoring sunrises or stargazing. The ground level game room is a hub of activity, opening out to the oceanfront pool area and equipped with a convenient kitchenette, pool table, ping pong table, and foosball table. It's likely this space inspired the cottage name "Straight on 'Til Morning" where endless fun and memories await! Each of the twelve bedrooms offers spacious comfort and features en-suite baths, with some boasting decks offering ocean and pool views. This home truly offers all the comforts and conveniences expected for an amazing investment opportunity in the sought-after 4x4 beaches of Corolla, renowned for its majestic wild horses. Don't miss this unparalleled opportunity to own a piece of paradise where luxury meets coastal charm. Schedule a viewing today and experience the epitome of beachfront living in Corolla's pristine 4x4 beaches. History of improvements include: LVP flooring in Game Room (2024), sound system updated to an integrated Sonos System throughout the home (2024), 96" TV added to theatre room 2024, deck/pool furniture (2023/2024), replaced manifold and pump equipment for well water, new sensors and piping (2023 & 2024), water heater (2022), Pool upgrades - filter head, new 1 horsepower pump and misc plumbing parts estimated at $4800 completed April/May 2024. Some decor/furnishings/tableside lamps have been replaced or removed. New pictures coming soon.