Residential

1116 Gray Court, Corolla

$1,250,000.00

Bedroom 5 bedrooms
Full Bathroom 5 full baths
Half Baths 1 half baths

  • MLS #: 128252
  • Status: Active
  • Address: 1116 Gray Court, Corolla, NC 27927
  • Date Listed: 2/13/2025
  • Days on Market: 9
  • 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. Be sure to request full list of updates.

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

Interior Features Interior Features
  • Cool System: Heat Pump, Zoned
  • Heat System: Electric, Forced Air, Heat Pump, Zoned
  • Floors: Carpet, Tile
  • Interior: All Window Treatments, Dryer Connection, Gas Fireplace, Wet Bar
  • Amenities: Common Area, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Composite Siding
  • Waterfront Features: More than 5th row
  • Sewer/Septic: Community Septic
  • Approximate Lot Size: 9148
  • Foundation: Piling
  • Garage Description: Carport
  • Pool Description: Association Pool, In Ground, Outdoor, Private Pool
  • Lot Description: Cul-de-sac
  • Roads: Paved
  • Style: Reverse Floor Plan, Coastal
  • View Description: Ocean

Additional Features Additional Features
  • County: Currituck
  • Property Type: Single Family - Detached
  • Year Built: 2002
  • HOA Fee Required: Yes
  • HOA Fee: 5400
  • HOA Includes: Common Electric, Management, Road Maintenance, Security, Tennis Courts, Walkways
  • Is an REO: No
  • Bill of Sale: Yes
  • Bill of Sale Amount: 1
  • Construction: Frame, Wood
  • Extras: Hot Tub, Outside Lighting, Outside Shower, Dry Entry
  • Optional Rooms: Game Room, Library/Study, Shipswatch
  • Original Price: 1250000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 4945.6
  • Tax Year: 2024

Seller's Representative: Jo Ann Konstanzer, Four Seasons Realty
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