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1138 Morris Drive, Corolla, NC 27927

Corolla
Local realty services provided by:CENTURY 21 Nachman Realty
1138 Morris Drive,Corolla, NC 27927
$734,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: the spencer team
Office: keller williams outer banks kdh
MLS#:133278
Source:NC_OBAR

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Price summary

  • Price:$734,000

About this home

Estimated Annual Rental Income:$87,000. **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...

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Home facts

  • Year built:1986
  • Subdivision & Development:Corolla Light
  • Listing ID #:133278
  • Added:111 day(s) ago
  • Updated:October 14, 2026 at 05:56 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Flooring:Carpet, Luxury Vinyl Plank, Tile
  • Kitchen Description:Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker

Heating and cooling

  • Cooling:Central, Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Asphalt/Fiber Shingle
  • Year built:1986
  • Lot Features:Cul-de-sac
  • Architectural Style:Coastal, Reverse Floor Plan
  • Exterior Features:Fenced Yard, Landscaped, Outside Lighting, Outside Shower
  • Foundation Description:Frame, Piling

Utilities

  • Water:Municipal
  • Sewer:Community Septic

Finances and disclosures

  • Price:$734,000
  • Tax amount:$4,876

Features and amenities

  • Appliances:Range/Oven, Refrigerator w/Ice Maker, Washer
  • Laundry features:Washer
  • Amenities:Cathedral Ceiling(s), Ceiling Fan(s), Covered Decks, Dry Entry, Health Club, Hot Tub, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Sun Deck, Walk in Closet
  • Pool features:Association Pool, In Ground, Outdoor, Private Pool, Private and Association

Parking

  • Parking description:Carport

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