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For sale
  • Price cut: $9K (8/16)
    $774,000

    1138 Morris Dr Lot 722, Corolla, NC 27927

    4beds
    2,170sqft
    : 
    $4,457/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1986
    -- sqft lot
    $755,900 Zestimate®
    $357/sqft
    $-- HOA

    What's special

    Heated private poolHot tubDeck repairsCovered decksLarge bedroomsScreened porch
    **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 Corolla Light amenities including an amazing oceanfront, poolside restaurant. The Corolla Light Community has won numerous awards as the premier resort community in North Carolina. The amenities at Corolla Light are unmatched. The Oceanfront pool complex has a terrific play area for the kids and oceanfront restaurant offering amazing crab cakes. Owners have oceanfront parking at the pool complex, a summer trolley system, and chair and umbrella service that is available on the well-maintained lifeguarded Corolla Light Beach. A full indoor sports club with an indoor pool, full gym, sauna, and indoor tennis is wonderful on those rare days with inclement weather. There are numerous outdoor tennis courts, pickle ball courts, basketball and volleyball courts and even a real grass putt putt course. The community is very well managed and well landscaped with a terrific schedule of activities for guests.
    53 days
    |
    1,451
    |
    75
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    The Spencer Team,

    Keller Williams Outer Banks KDH

    Source: OBAR,MLS#: 133278MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      Rooms
      • Room types: Loft
      Heating
      • Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
      Features
      • Cathedral Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 2,170
      • Total interior livable area: 2,170 sqft

      Property

      Parking
      • Parking features: Carport
      • Has carport: Yes
      • Details: Garage: Carport
      Features
      • Has private pool: Yes
      • Pool features: Outdoor Pool, In Ground, Private, Association
      • Waterfront features: More than 5th row
      Lot
      • 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
      • Foundation: Pillar/Post/Pier
      • Roof: Asphalt
      Condition
      • Year built: 1986

      Utilities & green energy

      • Sewer: Shared Septic
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Corolla Light
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Indoor Pool, Tennis Court(s), Ocean Access, Pool, Playground, Sound Access
      Location
      • Region: Corolla

      Financial & listing details

      • Price per square foot: $357/sqft
      • Annual tax amount: $4,876
      • Date on market: 6/25/2026
      • Cumulative days on market: 313 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months
      • Road surface type: Paved

        Estimated market value

        $755,900

        $718,000 - $794,000

        $2,683/mo

        Price history

        DateEventPrice
        8/16/2026Price change$774,000-1.1%$357/sqft
        Source: OBAR #133278 Report a problem
        7/19/2026Price change$783,000-2%$361/sqft
        Source: OBAR #133278 Report a problem
        6/25/2026Listed for sale$799,000$368/sqft
        Source: OBAR #133278 Report a problem
        6/9/2026Contingent$799,000$368/sqft
        Source: OBAR #130547 Report a problem
        5/18/2026Price change$799,000-4%$368/sqft
        Source: OBAR #130547 Report a problem
        4/28/2026Price change$832,000-2%$383/sqft
        Source: OBAR #130547 Report a problem
        3/16/2026Price change$849,000-2.9%$391/sqft
        Source: OBAR #130547 Report a problem
        11/21/2025Price change$874,000-2.8%$403/sqft
        Source: OBAR #130547 Report a problem
        9/21/2025Listed for sale$899,000+139.7%$414/sqft
        Source: OBAR #130547 Report a problem
        8/15/2016Sold$375,000-6%$173/sqft
        Source: OBAR #85044 Report a problem
        2/8/2016Listing removed$399,000$184/sqft
        Source: Brindley Beach Vacations-Main #85044 Report a problem
        2/5/2016Listed for sale$399,000$184/sqft
        Source: Brindley Beach Vacations-Main #85044 Report a problem
        1/25/2016Pending sale$399,000$184/sqft
        Source: Brindley Beach Vacations-Main #85044 Report a problem
        1/25/2016Listed for sale$399,000-8.3%$184/sqft
        Source: Brindley Beach Vacations-Main #85044 Report a problem
        6/27/2013Listing removed$434,900$200/sqft
        Source: Twiddy and Company of Duck #79008 Report a problem
        6/13/2013Listed for sale$434,900$200/sqft
        Source: Twiddy and Company of Duck #79008 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        33 / 100
        Car-Dependent
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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