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1116 Gray Court #LOT 6

Corolla, NC 27927

$1,149,000 $4,844/Mo

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Overview

Bed

5.5

Bath

2,750

Sqft

0.21

Acre(Lot)

Description

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, this home 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 beach 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. Located in a X flood zone and elevated with beautiful views, this home is a proven rental investment. 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 INTERIOR PAINT, NEW FURNITURE THROUGHOUT, NEW FLOORING, NEW APPLIANCES, NEW LIGHTING, AND MORE. Be sure to request full list of recent updates.

Property Details

Property Type : Residential

Price : $1,149,000

AD Id : 74998563

MLS Id : 130218

Beds : 5

Lot Size : 0.21 Acre

Living Area Size : 2,750

Year Built : 2002

County : Currituck

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Full Baths: 5 Half Baths: 1
Flooring Information

Carpet, Tile
Roofing Information

Asphalt
Interior Features

Cathedral Ceiling(s), Wet Bar Roof: Asphalt Appliances: Range, Oven, Dishwasher, Dryer, Microwave, Washer
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Electric, Zoned Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned

Building Information

Year Built: 2002 Building Area Total: 2750 Construction Materials: Frame, Wood Siding Patio And Porch Features: Deck Pool Features: Outdoor Pool, In Ground, Private, Association Private Pool: Yes View: Ocean

Lot Information

Lot Size Acres: 0.21 Lot Size Square Feet: 9148 Lot Description: Cul-De-Sac

Property Information

Subdivision: Corolla Light Source Property Type: Residential MLS Area Minor: Corolla Oceanside Property SubType: Single Family Residence Property Age: 24

Listing Price Information

Listing Price: $1149000 Original Price: $1189000

Tax Information

Parcel Number: 115B00000060000 Tax Year: 2025 Annual Tax: $5275.9

Parking Information

Paved

Homeowners Association Information
Included Fees: Electricity, Security Association Amenities: Pool, Clubhouse, Fitness Center, Playground, Racquetball

Location Information

WaterSource: Public Security Features: Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
653E Sand And Sea Court.., Corolla, NC, 27927	$473,500	3	3	1,857	1,857 SqFt
440 Myrtle Pond Road #L.., Corolla, NC, 27927	$999,000	5	4.5	2,279	2,279 SqFt
455 Pipsis Point Road #.., Corolla, NC, 27927	$3,150,000	7	5.5	4,695	4,695 SqFt
470 Pipsis Point Road #.., Corolla, NC, 27927	$1,999,999	7	5.5	4,286	4,286 SqFt
448 Myrtle Pond Road #L.., Corolla, NC, 27927	$1,150,000	5	4.5	2,595	2,595 SqFt
473 Island Lead Road #L.., Corolla, NC, 27927	$1,366,250	6	5.5	3,184	3,184 SqFt
521 Meadow Lane #LOT 70, Corolla, NC, 27927	$549,000	3	2.5	2,118	2,118 SqFt
512 Meadow Lane #LOT 58, Corolla, NC, 27927	$720,000	3	2.5	1,804	1,804 SqFt
545 Seashell Lane #LOT 73, Corolla, NC, 27927	$699,000	4	2	1,570	1,570 SqFt
550 Ocean Trail #LOT 131, Corolla, NC, 27927	$799,500	3	2.5	2,298	2,298 SqFt

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ByOwner last updated this listing 06/08/2026 @ 17:08

MLS: 130218 LISTED BY: Jo Ann Konstanzer, Four Seasons Realty SOURCE: Outer Banks Association of REALTORS