For sale

$1,149,000

1121 Gray Ct Lot 1, Corolla, NC 27927

5beds

2,669sqft

$6,472/mo

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Single Family Residence, Residential

Built in 1995

8,276 Square Feet Lot

$1,096,000 Zestimate^®

$430/sqft

$-- HOA

What's special

Nearby pristine beach access

Welcome to Ship’s Chandler, perfectly situated right in the heart of Corolla Light! This exceptional home offers the ultimate Outer Banks lifestyle with effortless access to premier community shopping, dining, and nearby pristine beach access. Beyond its ideal location, this property has been meticulously maintained for peace of mind. Highlights include a Fortified Roof installed in 2021, high-quality Schedule L copper plumbing, and a crisp, fresh coat of paint completed in 2026. Corolla Light is renowned for its world-class resort amenities—please see the associated documents for a full, extensive list of everything this award-winning community offers. Schedule your tour of Ship’s Chandler today and see why this is the perfect coastal retreat for you!

19 days

960

43

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7
Full bathrooms: 5
Partial bathrooms: 2

Rooms

Room types: Breakfast Nook, Game Room

Heating

Central, Electric, Heat Pump, Zoned

Cooling

Central Air, Heat Pump, Zoned

Appliances

Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Features

Cathedral Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Tile, Wood
Furnished: Yes

Interior area

Total structure area: 2,669
Total interior livable area: 2,669 sqft

Property

Features

Has private pool: Yes
Pool features: In Ground, Private
Waterfront features: More than 5th row

Lot

Size: 8,276 Square Feet
Features: Level

Details

Zoning: SFO

Construction

Type & style

Home type: SingleFamily
Architectural style: Reverse Floor Plan
Property subtype: Single Family Residence, Residential

Materials

Frame, Wood Siding, Shakes
Foundation: Pillar/Post/Pier, Slab
Roof: Asphalt

Condition

Year built: 1995

Utilities & green energy

Sewer: Public Sewer
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
Services included: Electricity, Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Location

Region: Corolla

Financial & listing details

Price per square foot: $430/sqft
Annual tax amount: $4,363
Date on market: 7/8/2026
Cumulative days on market: 20 days
Listing agreement: Exclusive Right To Sell
Ownership: Owned More than 12 Months
Lease term: Weekly
Road surface type: Paved

Estimated market value

$1,096,000

$1.04M - $1.15M

$3,979/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$1,149,000$430/sqft
Source: OBAR #133384 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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