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For sale
  • Price cut: $50K (9/13)
    $999,000

    1131 Morris Dr, Corolla, NC 27927

    6beds
    3,072sqft
    : 
    $6,093/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Recently upgraded and loaded with excellent curb appeal, this turn key coastal retreat is located on a highly desirable & elevated corner lot in the award-winning Corolla Light resort community. Projected to do $80,000 in annual rental income but has only been lovingly used as a second home in the last few years. At just over 3,000 sq ft and hosting 6 bedrooms, this coastal home offers the ultimate setup for a high-performing vacation rental or a permanent beachside retreat. The property showcases major exterior improvements, including all-new professional landscaping and elegant custom stonework, freshly updated decking, and a full suite of brand-new, low-maintenance composite outdoor furniture. Step inside to an airy, light-filled floor plan boasting soaring cathedral ceilings, rustic beamed accents, a warm gas fireplace, and a convenient wet bar perfect for effortless coastal entertaining. Designed for seamless indoor-outdoor living, the exterior treats you to expansive covered decks, a private hot tub, and a refreshing outside shower, all situated safely in an X flood zone where no flood insurance is required. As part of the premier Corolla Light Resort, residents and guests enjoy unparalleled access to top-tier amenities including an oceanfront pool complex, oceanfront grille, sports courts, a fully equipped indoor sports complex with indoor pool, tennis and racquetball courts, private ocean and sound walkways and bike trails, and a neighborhood trolley service in season. With pristine beach access just steps away and popular local dining and shopping just around the corner, this updated property delivers the quintessential Outer Banks lifestyle.
    78 days
    251
    17

    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#: 133655MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • Partial bathrooms: 1
      Rooms
      • Room types: Breakfast Nook, Game Room
      Heating
      • Central, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      Features
      • Beamed Ceilings, Cathedral Ceiling(s), Entrance Foyer
      • Flooring: Carpet, Tile, Hardwood
      • Furnished: Yes
      Interior area
      • Total structure area: 3,072
      • Total interior livable area: 3,072 sqft

      Property

      Parking
      • Parking features: Off Street, Paved
      Features
      • Pool features: Indoor, Outdoor Pool, Association
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: More than 5th row
      Lot
      • Features: Corner Lot
      Details
      • Parcel number: 115B00007340000
      • Zoning: SFO

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Reverse Floor Plan,Coastal
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • Year built: 1990

      Utilities & green energy

      • Sewer: Shared Septic
      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $325/sqft
      • Tax assessed value: $579,900
      • Annual tax amount: $4,542
      • Date on market: 8/7/2026
      • Cumulative days on market: 74 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,704/mo

        Price history

        DateEventPrice
        9/13/2026Price change$999,000-4.8%$325/sqft
        Source: OBAR #133655 Report a problem
        8/12/2026Listed for sale$1,049,000+12.8%$341/sqft
        Source: OBAR #133655 Report a problem
        7/12/2022Sold$930,000+86.4%$303/sqft
        Source: Public Record Report a problem
        11/1/2019Sold$499,000$162/sqft
        Source: Agent Provided Report a problem
        9/3/2019Pending sale$499,000$162/sqft
        Source: Celebration Realty #98565 Report a problem
        8/29/2019Listed for sale$499,000-3.9%$162/sqft
        Source: Celebration Realty #98565 Report a problem
        10/1/2018Listed for sale$519,000-5.5%$169/sqft
        Source: Keller Williams Realty New Bern #98565 Report a problem
        11/26/2017Listed for sale$549,000$179/sqft
        Source: Brindley Beach Vacations-Main #98565 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,542 +0.4%$579,900
        2024$4,526 +11.9%$579,900
        2023$4,046 +19.2%$579,900
        2022$3,393 -2.5%$579,900
        2021$3,479 +14.1%$579,900 +14.3%
        2020$3,049 +0.3%$507,400
        2019$3,041 $507,400 -0.3%
        2018$3,041 +9.9%$509,000
        2017$2,767 $509,000
        2016$2,767 -0.3%$509,000
        2015$2,775 +0.3%$509,000
        2013$2,767 $509,000 -26.8%
        2011-- $695,643
        2010-- $695,643
        2009-- $695,643
        2007-- $695,643
        2005-- $695,643
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 27927

        Getting around

        29 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

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