Dreaming of a larger-than-life Outer Banks ownership experience with HUGE INCOME POTENTIAL? With OVER $263K IN RENTS IN 2023, this freshly-updated 12BR | 10.5 BA SEMI-OCEANFRONT home in Corolla's Whalehead community features upscale coastal finishes and puts the "fun" in functionality! The current owners did a MASSIVE ADDITION AND RENOVATION in 2022. The top-level living, dining and kitchen area is a beautifully-designed gathering and prep space that offers everything you can desire. The STATE OF THE ART CHEF'S KITCHEN features ALL STAINLESS APPLIANCES including COMMERCIAL-SIZE REFRIGERATOR and freezer, DOUBLE cooktops and range hoods, dishwashers, and sinks with disposals, TWO oven and microwave combos, QUARTZ countertops, an OVERSIZED ISLAND with storage and seating, tiled backsplash, and a great mix of cabinets and open shelving. The dining area offers seating for 34(!) with a variety of configurations. From the living area, you'll enjoy SWEEPING OCEAN VIEWS inside and out with massive windows and a sliding door access to an expansive deck perfect for watching sunrises and catching rays. There is a powder room conveniently located on this level, as well as a large primary suite with ocean views, deck access, and private ensuite bath. Head down to the mid-level, where you'll find 6 relaxing (and generously-sized!) guest suites (four of which have private ensuite baths, with the other two surrounding a shared bath). The lower level of the home features a lounge with full-sized refrigerator, perfect for the night owls to snack, relax and catch a movie, along with 5 bedrooms (three with ensuite baths and the other two sharing a bath). The lower level also offers a laundry room with DOUBLE WASHERS AND DRYERS for added convenience. The real fun begins when you step outside to find a PRIVATE INGROUND POOL and DOUBLE HOT TUBS that provide a year-round vacation vibe for all ages! Outside the pool deck, a large backyard awaits, perfect for enjoying a variety of yard games or just soaking up the sun on a lounge chair. There's also a picnic and grilling area, outdoor shower, and basketball goal. Beach days are a breeze, with the Herring Street access just a 2-minute walk away! This property's mix of high-end finishes, resort-style amenities, proximity to the beach, and impressive rental history make this a must-see...book your showing TODAY.