Residential

1116 Gray Court Lot 6, Corolla

$1,225,000.00

Bedroom 5 bedrooms
Full Bathroom 5 full baths
Half Baths 1 half baths
Total Baths 6 total baths

  • Listing ID #: 128252
  • Status: Active
  • Address: 1116 Gray Court Lot 6, Corolla, NC 27927
  • Date Listed: 2/13/2025
  • Days on Market: 70
  • SQFT: 2750
  • Acres: 0.21
  • Stipulations: No
  • Subdivision: Corolla Light

Location Location

Agent Comments Agent Comments
Welcome to the Tipsy Tuna – Your Luxurious OBX Getaway! This is the one you've been searching for. Nestled in the heart of Corolla Light the Tipsy Tuna offers a spectacular blend of modern elegance, family-friendly amenities, and resort-style living, making it the ultimate destination for a luxurious beach getaway or a smart investment opportunity. This newly renovated 5-bedroom home provides everything you need for a relaxing vacation—whether you're seeking beachfront bliss, access to exclusive resort amenities, or the perfect space to gather with loved ones. 2023 rental income (27 stays - $137,932), 2024 rental income (in-season owner weeks taken by owner, limited season availability, 22 stays - $104,680). Just a 5-minute walk from the pristine beach, the Tipsy Tuna puts you within easy reach of Corolla's most sought-after attractions. Enjoy full access to the Corolla Light Resort, where you'll find an oceanfront pool, a state-of-the-art fitness center, and a variety of sports courts for hours of fun and relaxation. Whether you’re lounging by the beach, swimming in the pool, or exploring the local shops and restaurants, this home is perfectly situated for all your Outer Banks adventures. Completely updated to provide a fresh, contemporary vibe, this home features all-new appliances, furniture, decor, and smart technology for a seamless and comfortable stay. A new roof, HVAC system, and kitchen with sleek granite countertops bring sophistication to every corner, while the stylish furnishings and smart TVs throughout ensure convenience and luxury for your entire group. NEW ROOF IN 2025, NEW pool fencing, NEW HVAC in 2024, AND NEW INT PAINT, NEW FURNITURE THROUGHOUT, NEW FLOORING, NEW APPLIANCES, NEW LIGHTING, AND MORE IN 2023. Be sure to request full list of updates.

Amenities Amenities
  • Dishwasher
  • Range/Oven
  • Refrigerator w/Ice Maker
  • Washer

Additional Features Additional Features
  • Association Amenities: Indoor-Comm. Pool,Indoor-Comm. Tennis,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Playground,Racquetball,Sound Access,Common Area
  • Association Fee Includes: Common Electric,Management,Road Maintenance,Security,Tennis Courts,Walkways
  • Construction Materials: Frame,Wood
  • County: Currituck
  • Days on Market: 70
  • Exterior: Composite Siding
  • Extras: Hot Tub,Outside Lighting,Outside Shower,Dry Entry
  • Flood Zone: X
  • Pool: Yes
  • Pool Type: Private and Association
  • Pool Features: Outdoor,In Ground,Private Pool,Association Pool
  • Property Sub Type: Single Family - Detached
  • Sale or Rent: S
  • Sewer: Community Septic
  • Waterfront Features: More than 5th row
  • Water/Sewer: Municipal
  • Year Built: 2002

Financial Financial
  • Annual Tax Amount: 4945.6
  • Asking Price Per Sq Ft: 445.45
  • Bank/Institution Owned: No
  • Buyer Financing: Cash,Jumbo Loan
  • Lease Terms: Weekly
  • Short Sale: No
  • Tax Year: 2024

Interior Features Interior Features
  • Cool System: Heat Pump, Zoned
  • Floors: Carpet, Tile
  • Heat System: Electric, Forced Air, Heat Pump, Zoned
  • Interior: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Room Type: Game Room, Library/Study, Shipswatch

Exterior Features Exterior Features
  • Architectural Style: Reverse Floor Plan,Coastal
  • Exterior: Composite Siding
  • Foundation details: Piling
  • Fuel Tanks: Leased
  • Garage Type: Carport
  • Lot Features: Cul-de-sac
  • Parking: Paved
  • Pool: Outdoor, In Ground, Private Pool, Association Pool
  • Road Surface Type: Paved
  • Roof: Asphalt/Fiber Shingle
  • Water Source: Municipal
  • Waterfront Feature: More than 5th row
  • View: Ocean

Location Location
  • Flood Zone: X
  • Street Number: 1116
  • MLS Area Minor: Corolla Oceanside

Listed by: Jo Ann from Four Seasons Realty.