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Under contract
    • Price cut: $24.1K (7/6)
    $1,124,900

    1116 Gray Ct Lot 6, Corolla, NC 27927

    5beds
    2,750sqft
    : 
    $6,266/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2002
    9,147 Square Feet Lot
    $1,083,300 Zestimate®
    $409/sqft
    $-- HOA

    What's special

    New pool fencingSmart tvs throughoutNew furniture throughoutStylish furnishingsElevated with beautiful viewsNew roofHvac system
    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.
    170 days
    |
    834
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jo Ann B Konstanzer 252-207-8603,

    Four Seasons Realty,

    Max D Konstanzer 252-256-2607,

    Four Seasons Realty

    Source: OBAR,MLS#: 130218MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • Partial bathrooms: 1
      Rooms
      • Room types: Game Room, Library, Media Room, Shipswatch
      Heating
      • Electric, Heat Pump, Zoned
      Cooling
      • Central Air, Heat Pump, Zoned
      Appliances
      • Included: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
      Features
      • Cathedral Ceiling(s), Wet Bar
      • Flooring: Carpet, Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 2,750
      • Total interior livable area: 2,750 sqft

      Property

      Parking
      • Parking features: Paved
      • Has carport: Yes
      • Details: Garage: Carport
      Features
      • Has private pool: Yes
      • Pool features: Association, In Ground, Outdoor Pool, Private
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: More than 5th row
      Lot
      • Size: 9,147 Square Feet
      • Features: Cul-De-Sac
      Details
      • Zoning: SFO

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Reverse Floor Plan,Coastal
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame, Wood Siding, Composite Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Asphalt
      Condition
      • Year built: 2002

      Utilities & green energy

      • Sewer: Shared Septic
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Corolla Light
      HOA
      • Has HOA: Yes
      • Amenities included: Board Walk, Clubhouse, Common Area, Fitness Center, Indoor Pool, Tennis Court(s), Ocean Access, Pool, Playground, Racquetball, Sound Access
      • Services included: Electricity, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
      Location
      • Region: Corolla

      Financial & listing details

      • Price per square foot: $409/sqft
      • Annual tax amount: $5,275
      • Date on market: 2/12/2026
      • Cumulative days on market: 502 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Lease term: Weekly
      • Road surface type: Paved

        Estimated market value

        $1,083,300

        $1.03M - $1.14M

        $3,883/mo

        Price history

        DateEventPrice
        7/20/2026Contingent$1,124,900$409/sqft
        Source: OBAR #130218 Report a problem
        7/6/2026Price change$1,124,900-2.1%$409/sqft
        Source: OBAR #130218 Report a problem
        5/28/2026Price change$1,149,000-1.4%$418/sqft
        Source: OBAR #130218 Report a problem
        3/24/2026Price change$1,165,000-0.9%$424/sqft
        Source: OBAR #130218 Report a problem
        2/12/2026Listed for sale$1,175,000$427/sqft
        Source: OBAR #130218 Report a problem
        1/5/2026Listing removed$1,175,000$427/sqft
        Source: OBAR #130218 Report a problem
        12/23/2025Listed for sale$1,175,000$427/sqft
        Source: OBAR #130218 Report a problem
        11/20/2025Contingent$1,175,000$427/sqft
        Source: OBAR #130218 Report a problem
        11/2/2025Price change$1,175,000-1.2%$427/sqft
        Source: OBAR #130218 Report a problem
        6/30/2025Price change$1,189,000-0.8%$432/sqft
        Source: OBAR #128252 Report a problem
        5/11/2025Price change$1,199,000-2.1%$436/sqft
        Source: OBAR #128252 Report a problem
        4/1/2025Price change$1,225,000-2%$445/sqft
        Source: OBAR #128252 Report a problem
        2/13/2025Listed for sale$1,250,000+34.6%$455/sqft
        Source: OBAR #128252 Report a problem
        7/28/2022Sold$929,000+1.1%$338/sqft
        Source: OBAR #119246 Report a problem
        6/15/2022Contingent$919,000$334/sqft
        Source: OBAR #119246 Report a problem
        6/11/2022Listed for sale$919,000$334/sqft
        Source: OBAR #119246 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 27927

        Getting around

        38 / 100
        Car-Dependent
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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