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About This Home

This 5-bedroom, 6-bathroom single family at 1116 Gray Court lot: 6 in Corolla, NC is listed for $1,149,000 ($418 per sqft). Built in 2002, the home offers 2,750 sqft of living space on a 0.21 acres lot.

Agent Description

Welcome to the Tipsy Tuna - Your Luxurious OBX Getaway! This is the one you've been searching for. Nestled in the heart of Corolla Light, this home offers a spectacular blend of modern elegance, family-friendly amenities, and resort-style living, making it the ultimate destination for a luxurious beach getaway or a smart investment opportunity.

This NEWLY RENOVATED 5-bedroom home provides everything you need for a relaxing vacation-whether you're seeking beach bliss, access to exclusive resort amenities, or the perfect space to gather with loved ones. 2023 rental income (27 stays - $137,932), 2024 rental income (in-season owner weeks taken by owner, limited season availability, 22 stays - $104,680).

Just a 5-minute walk from the pristine beach, the Tipsy Tuna puts you within easy reach of Corolla's most sought-after attractions. Located in a X flood zone and elevated with beautiful views, this home is a proven rental investment. Enjoy full access to the Corolla Light Resort, where you'll find an oceanfront pool, a state-of-the-art fitness center, and a variety of sports courts for hours of fun and relaxation.

Whether you're lounging by the beach, swimming in the pool, or exploring the local shops and restaurants, this home is perfectly situated for all your Outer Banks adventures. Completely updated to provide a fresh, contemporary vibe, this home features all-new appliances, furniture, decor, and smart technology for a seamless and comfortable stay.

A new roof, HVAC system, and kitchen with sleek granite countertops bring sophistication to every corner, while the stylish furnishings and smart TVs throughout ensure convenience and luxury for your entire group. NEW ROOF IN 2025, NEW pool fencing, NEW HVAC in 2024, AND NEW INTERIOR PAINT, NEW FURNITURE THROUGHOUT, NEW FLOORING, NEW APPLIANCES, NEW LIGHTING, AND MORE. Be sure to request full list of recent updates.

Key Features

  • Built in 2002
  • 0.21 acre lot
  • Private pool
  • Fireplace

Property Details

5 full, 1 half
2002

Amenities

PoolFireplaceViewA/C

Monthly Cost Estimate

$10,495/mo

20% down · 6.5% · 30 years

Principal$831
Interest$4,979
Insurance$335
HOA$4,350

Estimates only. Actual payments may vary.

Location

1116 Gray Court lot: 6

Corolla, NC 27927

Corolla Light

Features & Amenities

Interior Features

All Window TreatmentsCathedral Ceiling(s)Dryer ConnectionGas FireplaceEnsuiteWasher ConnectionWet Bar

Property Details

Flooring

CarpetTileVinyl

Construction

Frame Wood

Views

Ocean

Heating

Heat Pump (Heating)ZonedElectric (Heating)

Cooling

Heat PumpCentral AirZoned

Appliances

DishwasherDryerMicrowaveRange/OvenRefrigerator w/Ice MakerWasher2nd Refrigerator

Questions & Answers

This 5-bedroom, 6-bathroom single family at 1116 Gray Court lot: 6 is listed at $1,149,000 ($418/sqft). The estimated monthly payment is $9,329 based on 20% down at 6.5% interest.

HOA fees are $4350/month.

Key features include: Built in 2002, 0.21 acre lot, Private pool, Fireplace. Interior Features: All Window Treatments, Cathedral Ceiling(s), Dryer Connection.

This property is listed by Jo Ann Konstanzer and can be reached at 2522078603 or joann@realestateobx.com.

JK

Jo Ann Konstanzer

Agent at Four Seasons Realty

(252) 207-8603

Listed by Four Seasons Realty · View on Broker Site

MLS# 130218· Source: listhub· Updated 291 days ago

Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1116 Gray Court lot: 6, Corolla, NC 27927

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