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For sale
    • Price cut: $12K (5/7)
    $913,000

    1118 Gray Ct Lot 7, Corolla, NC 27927

    5beds
    2,498sqft
    : 
    $5,262/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2002
    -- sqft lot
    $892,800 Zestimate®
    $365/sqft
    $-- HOA

    What's special

    Oceanside propertyHot tubPrivate deckWell-equipped kitchenDining for inviting livingTennis courtsAdditional bedrooms
    Welcome to "Soak Up The Sun", a comfortable 5-bedroom, 4.5-bath beach house designed for comfort and convenience. Located in the heart of the award winning Corolla Light Resort, this home has easy access to the oceanfront pools, tennis courts and walkway to the beautiful beach. Easy walk to restaurants, shops, the Corolla Lighthouse and the Whalehead Club. The top floor is where you will find the open great room, a well-equipped kitchen and dining for inviting living. The primary king bedroom with en-suite and its private deck are on this level. You'll find the den on the mid level offers some quiet time. The mid level also offers a queen bedroom with en-suite plus two additional bedrooms and a full bath. The ground level has the 5th bedroom and bath. The game room with wet bar from where you can step outside to the privacy of your own pool and hot tub add to the beachside charm. **Recent upgrades include a NEW ROOF in 2025, exterior paint in 2023 and LVT flooring in 2024** Whether you're seeking a full-time residence, vacation getaway or an investment property, Soak Up The Sun offers a blend of comfort and location. Don't miss the opportunity to own this oceanside property in one of the Outer Banks' most sought after communities!
    277 days
    |
    652
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eddie Kavanaugh 252-207-7773,

    Keller Williams Outer Banks KDH,

    Denise Graham 252-202-2173,

    Keller Williams Outer Banks KDH

    Source: OBAR,MLS#: 130890MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • Partial bathrooms: 1
      Rooms
      • Room types: Game Room, Shipswatch
      Heating
      • Heat Pump, Zoned
      Cooling
      • Heat Pump, Zoned
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      Features
      • Wet Bar, Entrance Foyer
      • Flooring: Carpet, Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 2,498
      • Total interior livable area: 2,498 sqft

      Property

      Parking
      • Parking features: Off Street, Underground
      • Details: Garage: None
      Features
      • Has private pool: Yes
      • Pool features: Association, Fiberglass, In Ground, Private
      • Waterfront features: None
      Lot
      • Features: Cul-De-Sac, Level
      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, Cement Fiber Board
      • 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: Clubhouse, Fitness Center, Indoor Pool, Tennis Court(s), Ocean Access, Pool, Playground, Racquetball, Sound Access, Board Walk, Common Area
      • Services included: Electricity, Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
      Location
      • Region: Corolla

      Financial & listing details

      • Price per square foot: $365/sqft
      • Annual tax amount: $4,603
      • Date on market: 10/25/2025
      • Cumulative days on market: 278 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Lease term: Weekly
      • Road surface type: Paved

        Estimated market value

        $892,800

        $848,000 - $937,000

        $3,625/mo

        Price history

        DateEventPrice
        5/7/2026Price change$913,000-1.3%$365/sqft
        Source: OBAR #130890 Report a problem
        3/24/2026Price change$925,000-1.1%$370/sqft
        Source: OBAR #130890 Report a problem
        12/16/2025Price change$935,000-2.5%$374/sqft
        Source: OBAR #130890 Report a problem
        10/25/2025Listed for sale$959,000$384/sqft
        Source: OBAR #130890 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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