1138 Morris Drive
Corolla, NC 27927
4
Bed
2.5
Bath
2,170Sqft
Estimated Annual Rental Income:$87,000. **Corolla Light** Heated private pool** Hot tub**With 4 bedrooms, 2 and half baths and just a leisurely five-minute stroll to our gorgeous sandy beaches and blue waters of the Atlantic... this home checks all the boxes. This beach house is currently the family's vacation home they rarely rent out to guests, but A FULL RENTAL PROJECTION ANTICIPATES OVER $80K GROSS ANNUALLY. The owners have made smart and thoughtful updates: newly added pool in 2020, new HVACS in 2025, power washing is 2025, deck repairs, new hot tub in 2023, and new appliances in 2024. The floorplan offers great flow and function. We love the large bedrooms, covered decks, loft, screened porch, and of course the location. Hop on a bike and zoom to beach or stroll over and enjoy the Co
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Full Baths: 2 Half Baths: 1 -
Flooring Information
Carpet, Tile -
Roofing Information
Asphalt -
Interior Features
Cathedral Ceiling(s), Walk-In Closet(s) Roof: Asphalt Appliances: Range, Oven, Dishwasher, Microwave, Washer -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump
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Building Information
Year Built: 1986 Building Area Total: 2170 Construction Materials: Frame Patio And Porch Features: Deck Pool Features: Outdoor Pool, In Ground, Private, Association Private Pool: Yes
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Lot Information
Lot Description: Cul-De-SacProperty Information
Subdivision: Corolla Light Source Property Type: Residential MLS Area Minor: Corolla Oceanside Property SubType: Single Family Residence Property Age: 40
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Listing Price Information
Listing Price: $774000 Original Price: $799000
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Tax Information
Parcel Number: 115B00007220000 Tax Year: 2025 Annual Tax: $4876.34
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Homeowners Association InformationAssociation Amenities: Pool, Fitness Center, Playground
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 101 Station One Lane #L.., Corolla, NC, 27927 | $11,000,000 | 9 | 10.5 | 10,967 | 1.35 Acres |
| 265 Ballast Point #LOT .., Corolla, NC, 27927 | $4,500,000 | 8 | 7.5 | 5,942 | 0.54 Acre |
| 385 Deep Neck Road, Corolla, NC, 27927 | $3,180,000 | 7 | 7.5 | 4,760 | 0.75 Acre |
| 455 Pipsis Point Road, Corolla, NC, 27927 | $2,999,995 | 7 | 5.5 | 4,695 | 0.79 Acre |
| 473 Island Lead Road #L.., Corolla, NC, 27927 | $1,366,250 | 6 | 5.5 | 3,184 | -- |
| 547 Magnolia Court, Corolla, NC, 27927 | $715,000 | 3 | 3 | 2,031 | 0.12 Acre |
| 504 Seashell Lane #LOT 94, Corolla, NC, 27927 | $1,350,000 | 6 | 5.5 | 2,874 | 0.44 Acre |
| 528 Hunt Club Drive, Corolla, NC, 27927 | $1,595,000 | 4 | 3.5 | 3,172 | 0.40 Acre |
| 545 Seashell Lane #LOT 73, Corolla, NC, 27927 | $625,000 | 4 | 2 | 1,570 | -- |
| 534 Ocean Trail, Corolla, NC, 27927 | $629,500 | 4 | 4.5 | 2,006 | 0.57 Acre |
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ByOwner last updated this listing 09/05/2026 @ 03:12
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