MLS # 112875
1120 Gray Court
Corolla, NC 27927
$725,000
5
Bedrooms
4
Bathrooms
2,686
Sq. Ft.

About This Property

Comfortable oceanside vacation home now available in the sought-after resort community of Corolla Light. Surrounded by a buffer of trees, the X- Flood Zone property is located on a quiet cul-de-sac. This 5-bedroom, 4 bath home with 2 living areas, multiple decks, private pool and hot tub is close to all the activities and attractions of the Northern Beaches. The property offers almost 2700 SqFt of living space with 2 en suite bedrooms (each bathroom with a jet tub), 3 guest rooms, 2 additional full bathrooms, cathedral ceilings and lots of natural light. An additional family room is located on the mid-level providing bonus space to enjoy. Buyers will also appreciate the updates of fresh paint, new flooring, and new furniture and appliances, as well as enjoy the 16x30’ private pool. The many amenities of Corolla Light are available such as the oceanfront pool, restaurant, tennis, basketball, and health club to name a few. A favorite among renters, the income could be increased by opening up additional weeks (see projection). Close to restaurants, attractions, shopping and the 4x4 beaches, this property checks all the boxes. Don’t let this one get away!

Property Details

MLS:
112875
Address:
1120 Gray Court
Town:
Corolla
Price:
$725,000
Estimated Monthly Mortgage:
$3,296/mo.
Listing Agent:
Myatt, Matt
Listing Company:
Keller Williams - Outer Banks
Area:
Corolla Oceanside
Subdivision:
Corolla Light
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
5
Baths:
4 Full / 0 Partial
Heated Area:
2,686 Sq ft.
Year Built:
1996
Rental Co:
Corolla Classic Vacations
Rental Cottage Number:
#8
Annual Income:
$49,755
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