$874,000
$25K PRICE DROP

1138 Morris Dr Unit 722 Corolla, NC 27927

Estimated payment $4,945/month

Total Views 8,475
4 Beds
2.5 Baths
2,170 Sq Ft
$403 Price per Sq Ft

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Loft
  • In Ground Pool
  • Cathedral Ceiling
  • Tennis Courts

About This Home

Welcome to 1138 Morris Dr in the beloved community of Corolla Light! With an oceanside location and easy walk to the beach and all of the amazing amenities of this popular coastal community, this home is a treasure. This prime Corolla property invites you to embrace the essence of relaxation, affirming that you are indeed on beach-time in the world renowned Outer Banks. With 4 bedrooms, 2 and half baths, private heated pool, hot tub, and just a leisurely five-minute stroll to our gorgeous sandy beaches and blue waters of the Atlantic... this home checks all the boxes. 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

Listing Agent

Sarah Spencer

Keller Williams - Outer Banks Brokerage Phone: 252-261-7881 License #See Brokers Notes Listed on: 09/20/2025

Keller Williams - Outer Banks

Co-Listing Agent

Sarah Spencer

Keller Williams - Outer Banks Brokerage Phone: 252-261-7881 License #185795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned SFO

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 2,170 Sq Ft Home
  • Cathedral Ceiling
  • Loft
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Shared Septic

Community Details

Overview

  • Corolla Light Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Community Indoor Pool

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,876

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Headline: Newer Pool! Corolla Light!
  • Phase: 1
  • Zoning: SFO
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Paved, Private
  • Co List Office Mls Id: 009410
  • Attribution Contact: Team: 252-261-7881
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: Corolla Light
  • Architectural Style: Reverse Floor Plan, Coastal
  • ResoRoomType: Loft
  • Pool_Type: Private and Association
  • Maintenance_Expenses: 1500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Association, In Ground, Outdoor Pool, Private
  • Waterfront Features: More than 5th row
  • Pool Expense: 5000
  • Construction Type: Frame
  • Foundation Details: Piling

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Shared Septic
  • Water Source: Municipal

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access

Fee Information

  • Annual Water Sewer Expense: 1900

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4876.34

Multi Family

  • Cable TV Expense: 2100
  • Electric Expense: 3000
  • Insurance Expense: 2810

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,876 $606,900 $192,500 $414,400
2024 $4,876 $466,100 $192,500 $273,600
2023 $3,825 $466,100 $192,500 $273,600
2022 $2,883 $466,100 $192,500 $273,600
2021 $2,896 $396,500 $175,000 $221,500
2020 $2,436 $396,500 $175,000 $221,500
2019 $2,430 $396,500 $175,000 $221,500
2018 $2,430 $396,500 $175,000 $221,500
2017 $2,206 $396,500 $175,000 $221,500
2016 $2,206 $396,500 $175,000 $221,500
2015 $2,206 $396,500 $175,000 $221,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $874,000 -2.8% $403 / Sq Ft
09/20/2025 09/20/25 For Sale $899,000 -- $414 / Sq Ft
Source: Outer Banks Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Attorney
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Source: Public Records

Source: Outer Banks Association of REALTORS®

MLS Number: 130547

Outer Banks Association of REALTORS®

APN: 115B-000-0722-0000