1138 Morris Drive Corolla, NC 27927

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 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.