1120 Gray Court, Corolla, NC 27927

$725,000
5
BD
4
BA
2,686
SqFt
List Price
$725,000
Price Change
▼ $25,000 1618014431
MLS#
112875
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
4
Full-baths
4
Living Area
2,686
Neighborhood
Corolla Light

Property Description

Comfortable oceanside vacation home now available in the sought-after resort community of Corolla Light. Surrounded by a buffer of trees, the X- Flood Zone property is located on a quiet cul-de-sac. This 5-bedroom, 4 bath home with 2 living areas, multiple decks, private pool and hot tub is close to all the activities and attractions of the Northern Beaches. The property offers almost 2700 SqFt of living space with 2 en suite bedrooms (each bathroom with a jet tub), 3 guest rooms, 2 additional full bathrooms, cathedral ceilings and lots of natural light. An additional family room is located on the mid-level providing bonus space to enjoy. Buyers will also appreciate the updates of fresh paint, new flooring, and new furniture and appliances, as well as enjoy the 16x30’ private pool. The many amenities of Corolla Light are available such as the oceanfront pool, restaurant, tennis, basketball, and health club to name a few. A favorite among renters, the income could be increased by opening up additional weeks (see projection). Close to restaurants, attractions, shopping and the 4x4 beaches, this property checks all the boxes. Don’t let this one get away!

Additional Information

Air Conditioning
Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Association Ammenities
Board Walk, Clubhouse, Gated Community, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
Association Fee Includes
Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Construction
Frame, Wood
Countertops
Laminate
Siding
Cement Fiber Board
Extras
Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
Floor Coverings
Carpet, Ceramic Tile, Vinyl Tile
Foundation
Piling, Slab
Garage
Attached, Carport
Heating
Electric, Heat Pump, Zoned
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath (Ensuite), Pantry, Washer Connection
Lot Description
Cul-de-sac, Level, Wooded
Optional Rooms
Foyer
Parking
Off Street, Paved
Pool
Yes
Possession
At Closing
Roads
Paved, Private
Roof
Asphalt/Fiber Shingle
Sewer
Municipal Sewer
Style
Contemporary, Reverse Floor Plan, Coastal
Well
Municipal
Zip
27927
Neighborhood
Corolla Light
Year Built
1996
Annual Fee
3329
Directions
Ocean Trail to Corolla Light entrance at Austin St, first right onto Villa Ct, turn right onto Twifuld St which turns into Gray Ct.
Association Fee
Yes
County
Currituck
Annual Rental Income
49755
Rental Co
Corolla Classic Vacations
Rental Cottage #
#8
Rental Cottage Name
Shell We Dance
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
49755
Rental Performance
0.0686
Yearly Expense Act/Est
Actual
Yr Electric Expense
2606
Yr Cable TV Expense
1100
Insurance Expenses
$3,200
Pool/Spa Expense
1800

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams - Outer Banks.

Listed by Matt Myatt

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