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    Coastal Property Partners is a boutique Real Estate firm on the Outer Banks of North Carolina.  

    The firm is led by head broker, Chandler Spawr, a 23 year veteran of OBX Investment Property sales.

    With over 100 Million is sales, Coastal Property Partners has the expertise to lead you through the buying and selling of Outer Banks beach homes and income driven investments.

    We look forward to helping you achieve your goals.

     

    Inventory is on the rise, making it a bit easier to find the right property to meet your needs.

    Property sales have come down off their 2021 highs, however, we are still seeing some homes receive multiple offers within the first 24 hours of hitting the market. Buyers need to be up to date with the latest information in order to have a chance at getting the right home.  The best way to do this is by using our instant notification.  

    Using the Advanced Search function, create a search with the most important criteria (Town, # Bedrooms, Square Footage, Amenities, etc).  Then save that search.  You will then be notified as soon as something matching your search hits the market.  This gives you a leg up on competing buyers.  If you have any difficulty setting up your search, feel free to call and we can walk you through the process.

     

    If you are new to the world of Outer Banks Investment Property, we have written a short overview that you may find useful.  You can see that HERE

     

    Stats through October 2022

     

     

     

     

    Interested in the value of your home?

    Click HERE for our INSTANT VALUATION Module

    (this can be used for any property in the US)

     

    See what others have to say:

    Find Your Inspiration

    158 Four Seasons Lane, Duck image
    158 Four Seasons Lane, Duck $4,750,000

    Extremely rare opportunity! This magnificent home is 1 of only 10 oceanfronts located in the prestigious highly amenitized community of Four Seasons. This lot is private,...

    • 6 Beds
    • 7 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    803 S Virginia Dare Trail, Kill Devil Hills image
    803 S Virginia Dare Trail, Kill Devil Hills $4,600,000 ▼

    Absolutely amazing 12 bedroom Oceanfront estate available for purchase. Turnkey investment at the perfect time of year to capitalize on the rental season. Currently rent...

    • 12 Beds
    • 14 Baths
    Courtesy of Outer Banks Realty Group

    Listing courtesy of Outer Banks Realty Group.

    64 Ocean Boulevard, Southern Shores image
    64 Ocean Boulevard, Southern Shores $3,929,999 ▼

    Welcome to 64 Ocean Boulevard where you’ll be met with the best in luxury class beach living. This contemporary, three-level oceanfront home in Southern Shores is simply...

    • 5 Beds
    • 7 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    163 Buffell Head Road, Duck image
    163 Buffell Head Road, Duck $3,899,000 ▼

    Exceptional oceanfront estate situated on half an acre with over 100 feet of water frontage and unobstructed views. This home has absolutely everything you could want. ...

    • 8 Beds
    • 10 Baths
    Courtesy of Brindley Beach Vacations-Duck

    Listing courtesy of Brindley Beach Vacations-Duck.

    100 E Hollowell Avenue, Nags Head image
    100 E Hollowell Avenue, Nags Head $3,750,000 ▼

    RARE OPPORTUNITY FOR 4.7 ACS AT A STOPLIGHT ON THE BYPASS. A vacant commercial site of this size is very very unusual on the Outer Banks. Centrally located across from J...

    Courtesy of Harrell & Associates

    Listing courtesy of Harrell & Associates.

    925 Lighthouse Drive, Corolla image
    925 Lighthouse Drive, Corolla $3,500,000 ▼

    If you are looking for the perfect vacation home or investment opportunity, look no further than "Iselin". This gorgeous oceanfront 7-bedroom/6-bath home in the Whalehead...

    • 6 Beds
    • 6 Baths
    Courtesy of Midgett Realty - Rodanthe

    Listing courtesy of Midgett Realty - Rodanthe.

    1077 Lighthouse Drive, Corolla image
    1077 Lighthouse Drive, Corolla $3,400,000

    AN OUTER BANKS GEM WITH SEVEN BEDROOMS/SEVEN FULL BATHROOMS/TWO HALF BATHS….SITTING ON A 100’ WIDE HOMESITE! BREATH TAKING OCEAN PANORAMA VIEWS FROM JUST ABOUT EVERY ROOM...

    • 7 Beds
    • 9 Baths
    Courtesy of Outer Banks Blue Realty Srvcs.

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    109 Speckle Trout Drive, Duck image
    109 Speckle Trout Drive, Duck $3,200,000

    This is THE beach house for watching dolphins dance and pelicans glide. Immerse yourself in the quintessential Duck, North Carolina, lifestyle. Enter this custom-built, o...

    • 6 Beds
    • 8 Baths
    Courtesy of All About Obx Real Estate

    Listing courtesy of All About Obx Real Estate.

    417 Deep Neck Road, Corolla image
    417 Deep Neck Road, Corolla $3,199,900

    A striking palatial design awaits the next discerning buyer of this fantastic oceanfront estate in the coveted Pine Island community of Corolla. Endless summer days for t...

    • 6 Beds
    • 8 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    131 Dogwood Trail, Southern Shores image
    131 Dogwood Trail, Southern Shores $3,100,000

    Sprawled across a huge, elevated lot in the coveted Southern Shores community, this Deltec-constructed home is quite simply, jaw-dropping. The Outer Banks has nothing com...

    • 5 Beds
    • 8 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    135 Salt House Road, Corolla image
    135 Salt House Road, Corolla $2,995,000 ▼

    Breathtaking ocean and sound views surround this premium Pine Island home! This is a world class location with unmatched privacy. The nearest public access is 3 miles awa...

    • 6 Beds
    • 6 Baths
    Courtesy of Carolina Designs Realty

    Listing courtesy of Carolina Designs Realty.

    163 Schooner Ridge Drive, Duck image
    163 Schooner Ridge Drive, Duck $2,990,000 ▲

    NEW PHOTOS COMING SOON! MAJOR UPDATES IN 2023 INCLUDING NEW ROOF, DECKS, WINDOWS, LIGHTING, FLOORING, INTERIOR PAINT, FRONT DOOR, FURNITURE, POOL FENCING, RELOCATED HOT T...

    • 7 Beds
    • 7 Baths
    Courtesy of Four Seasons Realty

    Listing courtesy of Four Seasons Realty.

    1231 Atlantic Avenue, Corolla image
    1231 Atlantic Avenue, Corolla $2,795,000

    This home sits on one of the highest lots in Ocean Hill giving Spectacular Ocean Views from the living room, kitchen, dining room and screened porch all on the east side ...

    • 7 Beds
    • 6 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    3833 N Croatan Highway, Kitty Hawk image
    3833 N Croatan Highway, Kitty Hawk $2,750,000

    Turnkey restaurant in the heart of Kitty Hawk, located near the intersection of Kitty Hawk Rd. and North Croatan Hwy. This is a prime location and great business opportun...

    Courtesy of Hall & Nixon Real Estate Inc

    Listing courtesy of Hall & Nixon Real Estate Inc.

    124 Carrol Drive, Duck image
    124 Carrol Drive, Duck $2,695,000 ▼

    Oceanfront beach estate, professionally decorated and situated in the much loved town of Duck on the Outer Banks of North Carolina. Six bedrooms, six full baths and two ...

    • 6 Beds
    • 8 Baths
    Courtesy of Re/Max Coastal Associates

    Listing courtesy of Re/Max Coastal Associates.

    2703 Virginia Dare Trail, Nags Head image
    2703 Virginia Dare Trail, Nags Head $2,675,000

    "PRETTY MAMA" OCEANFRONT W/ FABULOUS OCEAN VIEWS! *** ELEVATOR & HEATED POOL ... and HUGE GAME ROOM W/ MINI KITCHEN! *** EXCELLENT RENTAL INVESTMENT INCOME PRODUCER ... S...

    • 8 Beds
    • 8 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1117 Franklyn Street, Corolla image
    1117 Franklyn Street, Corolla $2,599,000

    Oceanfront? Yes. Private Pool? Yes. Upgraded? Yes. In Corolla? Yes. Luxurious? Yes, yes, yes! All of it! Experience the ultimate beachfront lifestyle in this extraordinar...

    • 6 Beds
    • 7 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    2001 Creek Road, Kitty Hawk image
    2001 Creek Road, Kitty Hawk $2,500,000

    Here is a rare opportunity to own a waterfront, secluded Outer Banks oasis anchored by a home that defines coastal luxury. Located in Martin’s Point, an upscale gated en...

    • 5 Beds
    • 5 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    8427 S Old Oregon Inlet Road, Nags Head image
    8427 S Old Oregon Inlet Road, Nags Head $2,500,000

    This Beach House has what everyone is looking for. A large spacious home with plenty of room to sleep friends, family or renters. You will not find many 10 bedroom oceanf...

    • 10 Beds
    • 9 Baths
    Courtesy of Village Realty Holdings, Llc - Nh

    Listing courtesy of Village Realty Holdings, Llc - Nh.

    239 Hicks Bay Lane, Corolla image
    239 Hicks Bay Lane, Corolla $2,499,000

    This sparkling Pine Island semi-oceanfront jewel beckons visitors seeking solace from their busy every-day lives - a true Island Oasis surrounded by unending blue skies, ...

    • 7 Beds
    • 7 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1011 N Virginia Dare Trail, Kill Devil Hills image
    1011 N Virginia Dare Trail, Kill Devil Hills $2,495,000

    Amazing oceanfront property! Panoramic Ocean Views! One of the best oceanfront locations on the Outer Banks. Perfectly situated across from the Wright Brothers Nationa...

    • 8 Beds
    • 6 Baths
    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    9415 S Old Oregon Inlet Road, Nags Head image
    9415 S Old Oregon Inlet Road, Nags Head $2,375,000

    If you're looking for an oceanfront investment home, now is a good time to lasso this property and start preparing for the 2023 rental season. The projected advertised re...

    • 8 Beds
    • 7 Baths
    Courtesy of Joe Lamb Realty

    Listing courtesy of Joe Lamb Realty.

    1305 Sandcastle Drive, Corolla image
    1305 Sandcastle Drive, Corolla $2,269,000

    This beautiful, and nicely elevated, oceanfront property is located directly on the beach and offers stunning ocean views and easy access to the water. Located just befor...

    • 6 Beds
    • 6 Baths
    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    3915 S Virginia Dare Trail, Nags Head image
    3915 S Virginia Dare Trail, Nags Head $2,250,000

    This indeed is a very rare opportunity for you to own in the unpainted aristocracy of Cottage Row in Nags Head. Listed on the National Register of Historic Places in the ...

    • 7 Beds
    • 6 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    125 Tall Pine Lane, Southern Shores image
    125 Tall Pine Lane, Southern Shores $2,150,000 ▼

    Designed for the modern lifestyle, this coastal contemporary estate has been completely reimagined to offer all the advantages of waterfront living on the Outer Banks. En...

    • 4 Beds
    • 6 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1255 Atlantic Avenue, Corolla image
    1255 Atlantic Avenue, Corolla $2,150,000

    Perched on one of the highest Oceanfront Dunes, gives you the best Ocean Views of the Splashing Surf ! Excellent setup with 6 Bedrooms 6 Baths, upscale Kitchen, spacious ...

    • 6 Beds
    • 6 Baths
    Courtesy of Sun Realty - Corolla

    Listing courtesy of Sun Realty - Corolla.

    3801 N Croatan Highway, Kitty Hawk image
    3801 N Croatan Highway, Kitty Hawk $1,989,000 ▼

    This landmark property has a successfully served one meal a day for over over 30 years and provided a good living for the owner. Near one of the busiest intersections on ...

    Courtesy of Scott Team Realty

    Listing courtesy of Scott Team Realty.

    506 Brown Pelican Court, Corolla image
    506 Brown Pelican Court, Corolla $1,950,000 ▼

    If you are looking for a stately home (7,406 sq.ft.) nestled in a stunning setting, with never ending, always changing Views interlaced with sounds of beautiful shore bir...

    • 6 Beds
    • 9 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    Ocean Trail, Corolla image
    Ocean Trail, Corolla $1,875,000

    Great possibility for development in Corolla! This undeveloped parcel of land, which makes up phase 2 of the Villages at Ocean Hill can accommodate 15 lots for single fa...

    Courtesy of Four Seasons Realty

    Listing courtesy of Four Seasons Realty.

    1225 Atlantic Avenue, Corolla image
    1225 Atlantic Avenue, Corolla $1,800,000 ▼

    Custom built, well maintained, and beautifully appointed oceanfront retreat boasting unparalleled views of the Atlantic. This classic Nags Head style cottage features tas...

    • 4 Beds
    • 5 Baths
    Courtesy of Twiddy And Company - Corolla

    Listing courtesy of Twiddy And Company - Corolla.

    1193 Duck Road, Duck image
    1193 Duck Road, Duck $1,800,000 ▼

    Rare opportunity in Duck! This well-established restaurant sits right on Duck Rd and sees tremendous foot traffic. The almost half acre of land is creatively used with a...

    Courtesy of Century 21 Nachman Realty

    Listing courtesy of Century 21 Nachman Realty.

    145 Four Seasons Lane, Duck image
    145 Four Seasons Lane, Duck $1,799,000 ▼

    Come take a look at this lovely and spacious Four Seasons home! Located in the heart of Duck, you need not go far to enjoy the uncrowded Duck beaches, wonderful village s...

    • 6 Beds
    • 9 Baths
    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    124 Mallard Drive, Duck image
    124 Mallard Drive, Duck $1,749,900

    The LOWEST PRICED SINGLE FAMILY OCEAN FRONT HOME in Duck and Southern Shores! Original Owners and very well maintained Ocean Front Home in Duck! Ocean Views from almost...

    • 5 Beds
    • 4 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    713 Mainsail Arch, Corolla image
    713 Mainsail Arch, Corolla $1,749,000

    2024 RENTAL PROJECTION FRON TWIDDY $155,015! THIS ONE IS A WINNER! LOCATED ADJACENT TO THE OPEN SPACE TO THE NORTH GREAT FOR PRIVACY AND VIEWS! Oceanfront Cottage with a...

    • 4 Beds
    • 3 Baths
    Courtesy of Carolina Designs Realty

    Listing courtesy of Carolina Designs Realty.

    148 Scarborough Lane, Duck image
    148 Scarborough Lane, Duck $1,675,000

    Perfectly situated between the charming Town of Duck and the Beach! This oceanside beach home is located in the Seapines Community and is literally walking distance, 294...

    • 5 Beds
    • 5 Baths
    Courtesy of Outer Banks Realty Solutions

    Listing courtesy of Outer Banks Realty Solutions.

    603 Ocean Front Arch, Corolla image
    603 Ocean Front Arch, Corolla $1,670,000

    Panoramic views of the ocean and coastal charm can be found throughout this oceanfront cottage situated in Section O of the Ocean Sands community of Corolla. An Olin Finc...

    • 6 Beds
    • 6 Baths
    Courtesy of Twiddy And Company - Corolla

    Listing courtesy of Twiddy And Company - Corolla.

    862 Lighthouse Drive, Corolla image
    862 Lighthouse Drive, Corolla $1,650,000 ▼

    Don't miss this remarkable Semi-Oceanfront property in the coveted Whalehead Club subdivision. This well appointed 5 bedroom, 5 and 2 half bath home with elevator offers...

    • 5 Beds
    • 7 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    473 Island Lead Road, Corolla image
    473 Island Lead Road, Corolla $1,649,950

    This beautiful, Pine Island home with Ocean View features 6BR, 5BA, 2 half baths. Just a Short Walk to Beach, Community Pool, Tennis, Basketball and Playground. Top flo...

    • 6 Beds
    • 7 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    3504 S Virginia Dare Trail, Nags Head image
    3504 S Virginia Dare Trail, Nags Head $1,625,000 ▲

    FABULOUS 2022 OWNER RENTS AT $182,042 - THAT IS AN 11% RETURN CASH FLOW! *** ELEVATOR *** ONE OF A KIND "DOG PAW PRINT SHAPED HEATED POOL" *** "HAPPY DOG DAYS" is a 5 BED...

    • 5 Beds
    • 7 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1112 Karens Way, Corolla image
    1112 Karens Way, Corolla $1,600,000

    Rare opportunity to purchase an oversized 39,675 square foot (nearly 1 acre) semi- oceanfront parcel in highly sought after Corolla Village! Build your dream home on this...

    Courtesy of Twiddy And Company - Corolla

    Listing courtesy of Twiddy And Company - Corolla.

    100 Raptor Point Drive, Kill Devil Hills image
    100 Raptor Point Drive, Kill Devil Hills $1,550,000 ▼

    100 Raptor Point… A property of Epic Stature with no current equal in land size and water frontage on the Outer Banks of NC. As you meander through several hundred feet o...

    • 4 Beds
    • 3 Baths
    Courtesy of Outer Banks Blue Realty Srvcs.

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    584 Hunt Club Drive, Corolla image
    584 Hunt Club Drive, Corolla $1,550,000

    Large 6 bedroom, 5.5 bath custom-built home located on the sound front and the 8th hole in the gated, golf community of The Currituck Club. This well built and maintaine...

    • 6 Beds
    • 7 Baths
    Courtesy of Beach Realty & Construction - Kh North

    Listing courtesy of Beach Realty & Construction - Kh North.

    816 Hunt Club Drive, Corolla image
    816 Hunt Club Drive, Corolla $1,439,000 ▼

    NEW CONSTRUCTION in the OBX!! Personally built by owner of the company, J&T Construction, nestled in the gated Currituck Club among Tall Pines and Live Oaks with Spa...

    • 6 Beds
    • 7 Baths
    Courtesy of Brindley Beach Vacations & Sales - Kh

    Listing courtesy of Brindley Beach Vacations & Sales - Kh.

    670 Hunt Club Drive, Corolla image
    670 Hunt Club Drive, Corolla $1,400,000

    My name is “Joy at a Glance” and I would like to invite you to take a look inside. I think you will be pleasantly surprised by what I have to offer. The first thing you w...

    • 7 Beds
    • 9 Baths
    Courtesy of Brindley Beach Vacations & Sales - Kh

    Listing courtesy of Brindley Beach Vacations & Sales - Kh.

    2146 Sandfiddler Road, Corolla image
    2146 Sandfiddler Road, Corolla $1,399,000

    You probably have heard of, "Location, Location, Location!" But this property ALSO has "ROI, ROI, ROI" with $147,130 Advertised Income and $131,459 Owner Gross income in...

    • 8 Beds
    • 9 Baths
    Courtesy of Sun Realty - Duck

    Listing courtesy of Sun Realty - Duck.

    1024 Martins Point Road, Kitty Hawk image
    1024 Martins Point Road, Kitty Hawk $1,395,000 ▼

    MAJOR PRICE REDUCTION!!! With 150' of bulkheaded Currituck Sound frontage and 1.68 total acres, this updated and well appointed private estate has it all! The 4 bedroom a...

    • 4 Beds
    • 4 Baths
    Courtesy of Southern Shores Realty

    Listing courtesy of Southern Shores Realty.

    2046 Sandfiddler Road, Corolla image
    2046 Sandfiddler Road, Corolla $1,389,000 ▼

    Awesome 9 bedroom home located in the beautiful Carova Beach. Enjoy a one of a kind vacation home with sweeping ocean views, breezes and wild horses. This home has it a...

    • 9 Beds
    • 11 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    53 Ocean Boulevard, Southern Shores image
    53 Ocean Boulevard, Southern Shores $1,385,000

    $125,491 in advertised rents in 2022 for this beautiful, quality built, 6 bedroom, 5 full bath & 2 half bath home that offers the opportunity to enjoy the uncrowded beach...

    • 6 Beds
    • 7 Baths
    Courtesy of Outer Banks Realty Group

    Listing courtesy of Outer Banks Realty Group.

    8435 S Old Oregon Inlet Road, Nags Head image
    8435 S Old Oregon Inlet Road, Nags Head $1,349,000

    Rush-Slowly is a delightful retreat with awe-inspiring, unobstructed ocean views. This 5 bedrooms, 5 1/2 baths oceanfront beach-house features multitudes of indoor and ou...

    • 5 Beds
    • 6 Baths
    Courtesy of Sun Realty - Kdh

    Listing courtesy of Sun Realty - Kdh.

    W Kitty Hawk Road, Kitty Hawk image
    W Kitty Hawk Road, Kitty Hawk $1,299,999

    Imagine the possibilities with this beautiful 26.176 acre parcel located in the heart of Kitty Hawk Village. Enjoy consistent elevations of 10 ft to 18 ft along the natur...

    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    107 Sanderlin Street, Kitty Hawk image
    107 Sanderlin Street, Kitty Hawk $1,299,000

    *Currently Under Construction* New and thoughtfully designed beach house packed with BIG amenities like pool, game room, second living room, multiple primary suites and m...

    • 5 Beds
    • 5 Baths
    Courtesy of Coastal Nc Realty Group

    Listing courtesy of Coastal Nc Realty Group.

    3311 N Virginia Dare Trail, Kill Devil Hills image
    3311 N Virginia Dare Trail, Kill Devil Hills $1,297,500

    **Beautiful Kill Devil Hills Oceanfront** High ROI ** Low Expenses** New Decking **$78,200 for 2021 GRI** If you are in the market for strictly an investment property, ...

    • 4 Beds
    • 2 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    826 Lighthouse Drive, Corolla image
    826 Lighthouse Drive, Corolla $1,295,000

    This Whalehead semi-oceanfront vacation home boasts a location just steps from the beach access, ocean views, 4 bedrooms and 3 full baths, multiple decks, and a private p...

    • 4 Beds
    • 3 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1082 Hampton Street, Corolla image
    1082 Hampton Street, Corolla $1,275,000 ▼

    Gorgeous, well maintained soundfront home in lovely Corolla Light Resort that feels like home! Quiet, low traffic location at the end of the culdesac and well situated of...

    • 6 Beds
    • 6 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    909 Corolla Drive, Corolla image
    909 Corolla Drive, Corolla $1,250,000 ▼

    Don’t miss this amazing investment or second home opportunity! This updated modern retreat is beautifully furnished, turn-key, and has been meticulously maintained. You w...

    • 6 Beds
    • 4 Baths
    Courtesy of Saga Realty And Construction

    Listing courtesy of Saga Realty And Construction.

    1054 Hampton Street, Corolla image
    1054 Hampton Street, Corolla $1,225,000

    Beautiful & spacious soundfront home with elevator in Corolla Light! As soon as you enter, you'll sense the love the original owners have given this well built home. C...

    • 5 Beds
    • 6 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    525 Hunt Club Drive, Corolla image
    525 Hunt Club Drive, Corolla $1,200,000

    Beautifully crafted and cared for home located inside The Currituck Club. This spacious 6 bedroom, 5 1/2 bath home has over 4,400 heated living space featuring a huge liv...

    • 6 Beds
    • 6 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    112 Osprey Ridge Road, Duck image
    112 Osprey Ridge Road, Duck $1,200,000 ▼

    Talk about having your cake and eating it too...This house has it ALL. Not only is this house close to the sound and ocean, its also walking distance to downtown Duck wh...

    • 6 Beds
    • 8 Baths
    Courtesy of Re/Max Coastal Associates

    Listing courtesy of Re/Max Coastal Associates.

    7222 S Virginia Dare Trail, Nags Head image
    7222 S Virginia Dare Trail, Nags Head $1,200,000

    "Jennette's Cottages" Was fully approved in 2018 as a Cottage Court consisting of 6 houses, 24 bedrooms with pool at Whalebone Junction, located directly across the stree...

    Courtesy of Village Realty Holdings, Llc - Nh

    Listing courtesy of Village Realty Holdings, Llc - Nh.

    116 Pelican Way, Duck image
    116 Pelican Way, Duck $1,199,000 ▼

    A RARE FIND - 5 BEDROOM SEMI-OCEANFRONT (2ND TIER OCEANFRONT) IN SANDERLING!! NO STREETS TO CROSS TO GET TO THE BEACH! BRAND NEW ELEVATOR BEING INSTALLED!! STUNNING OCEA...

    • 5 Beds
    • 4 Baths
    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    114 Four Seasons Lane, Duck image
    114 Four Seasons Lane, Duck $1,199,000 ▼

    Central Duck Sweetspot, easy walk to the beach, subdivision amenities and Duck village shops and services. Well made low maintenance family pleaser offers everything a v...

    • 6 Beds
    • 7 Baths
    Courtesy of Twiddy And Co. - Duck

    Listing courtesy of Twiddy And Co. - Duck.

    3317 N Virginia Dare Trail, Kill Devil Hills image
    3317 N Virginia Dare Trail, Kill Devil Hills $1,195,000 ▼

    This newly renovated, furnished 4 bedroom 2 bath Coastal Retreat nests in the dunes of Kill Devil Hills. From your private oceanfront deck, you can watch the sunrise over...

    • 4 Beds
    • 2 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    979 N Harbor View, Corolla image
    979 N Harbor View, Corolla $1,125,000

    Here’s an opportunity to own a brand new custom-built home in Monteray Shores! Skip the headaches of a tired, beat-up property and relax with this new construction locat...

    • 4 Beds
    • 5 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $1,125,000 ▲

    Luxurious condo living with stunning ocean views offered at the amenity packed Croatan Surf Club. Spacious and well-appointed, this two-level townhouse style unit will im...

    • 3 Beds
    • 3 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    6908 S Virginia Dare Trail, Nags Head image
    6908 S Virginia Dare Trail, Nags Head $1,049,900

    Great views, mere steps to the beach access, private pool, game room, just in time for income to start rolling in! This 6 bedroom, 5.5 bath cottage was designed to accomm...

    • 6 Beds
    • 6 Baths
    Courtesy of Sun Realty - Kdh

    Listing courtesy of Sun Realty - Kdh.

    812 Corolla Drive, Corolla image
    812 Corolla Drive, Corolla $1,045,000

    Create family memories for years to come with this beautifully remodeled reversed floor plan 6 bedroom house. Located close to grocery stores and all other kinds of shopp...

    • 6 Beds
    • 7 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    1035 Miller Court, Corolla image
    1035 Miller Court, Corolla $1,044,000

    Amazing Home Located in Corolla Light With Great Community Resort Amenities! !Including Trolley Pick-Up Service that's Steps Away From Your Front Door To Whisk You And Yo...

    • 5 Beds
    • 6 Baths
    Courtesy of Corolla Beach Realty

    Listing courtesy of Corolla Beach Realty.

    127 Foresail Court, Duck image
    127 Foresail Court, Duck $999,000

    Enjoy the Ultimate in relaxation in the sound to ocean community of Ships Watch. This 4 bedroom (2 are Ensuites) 3.5 bath beach home awaits you with a spacious open rever...

    • 4 Beds
    • 4 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    4321 S Croatan Highway, Nags Head image
    4321 S Croatan Highway, Nags Head $999,000

    .982 acre of land zoned C2, between the highways in Nags Head. Excellent location with 150 feet of road frontage on the bypass between MP 13 and 13.5. Located in Flood Z...

    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    755 Hunt Club Drive, Corolla image
    755 Hunt Club Drive, Corolla $995,000 ▲

    This stunning Too be Built two-story home is on a desirable golf course lot with 925 ft of decking for spectacular views. Inground pool is included in construction. From ...

    • 4 Beds
    • 4 Baths
    Courtesy of A Better Way Realty, Inc

    Listing courtesy of A Better Way Realty, Inc.

    506 Albatross Lane, Corolla image
    506 Albatross Lane, Corolla $995,000

    This new construction home in Swan Beach is slated to be completed in August 2023. The six bedroom, six bathroom home is situated on an elevated corner lot with direct b...

    • 6 Beds
    • 7 Baths
    Courtesy of Twiddy And Company - Corolla

    Listing courtesy of Twiddy And Company - Corolla.

    4 Soundview Trail, Southern Shores image
    4 Soundview Trail, Southern Shores $990,000

    This high elevation, dramatic, immaculate. semi-soundfront home has wonderful sound and sunset views. The pool is in excellent condition and is scheduled to be uncovered....

    • 3 Beds
    • 4 Baths
    Courtesy of Shore Tern Realty, Inc

    Listing courtesy of Shore Tern Realty, Inc.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $985,000

    Spectacular Ocean views to enjoy the beautiful morning sun over the waters of the Atlantic Ocean at the Prestigious Oceanfront Resort, Croatan Surf Club. This First Class...

    • 2 Beds
    • 2 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1503 Ocean Pearl Road, Corolla image
    1503 Ocean Pearl Road, Corolla $985,000

    Amazing and rare 11.5 acre ocean to sound tract in the 4x4 area! Enjoy all the privacy of the northern beaches in this awesome location. With over 200 feet on the ocean a...

    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    1703 Harbour View Drive, Kill Devil Hills image
    1703 Harbour View Drive, Kill Devil Hills $975,000

    Updated and lovingly maintained soundfront home in the gated community of Colington Harbour. Well appointed and designed to take in the water views, you can't find a bett...

    • 4 Beds
    • 4 Baths
    Courtesy of Four Seasons Realty

    Listing courtesy of Four Seasons Realty.

    113 Topsail Court, Duck image
    113 Topsail Court, Duck $969,000

    Savor sound views and stunning sunsets from this 4 bedroom, 3.5 bath home located in the coveted Village of Duck. This property sits on a large homesite (15,500 sq. ft) o...

    • 4 Beds
    • 4 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    Martin Street, Kill Devil Hills image
    Martin Street, Kill Devil Hills $960,000

    Commercially zoned property located in the heart of Kill Devil Hills, which is the eastern portion of PIN 988312868497. 50 foot height limit 4 levels of living limit 65...

    Courtesy of Village Realty Holdings, Llc - Nh

    Listing courtesy of Village Realty Holdings, Llc - Nh.

    221 Eagle Drive, Kill Devil Hills image
    221 Eagle Drive, Kill Devil Hills $950,000

    110' CANAL FRONTAGE. Remarkably large building site , 2 1/2 LOTS! Enjoy waterviews and dockage n this quiet community with lots of amenities! Dock and sitting area over c...

    • 4 Beds
    • 3 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    8521-H E Harvest Street, Nags Head image
    8521-H E Harvest Street, Nags Head $950,000

    Classic Nags Head oceanfront vacation property available! Enjoy gorgeous ocean views at this updated 3 bedroom/ 2 bath cottage located on a cul-de-sac street close to Je...

    • 3 Beds
    • 2 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    2511 S Memorial Avenue, Nags Head image
    2511 S Memorial Avenue, Nags Head $949,000

    Fantastic location with beach access to the left and to the right only a few lots away. Come take a look at this 4 bedroom, 5.1 bath beach home that is built to last by b...

    • 4 Beds
    • 6 Baths
    Courtesy of Sun Realty - Kdh

    Listing courtesy of Sun Realty - Kdh.

    806 Corolla Drive, Corolla image
    806 Corolla Drive, Corolla $949,000

    Spacious 6-bedroom traditional style home located in the desired Whalehead Club neighborhood of Corolla just minutes to the beach! This gently used second home has all of...

    • 6 Beds
    • 5 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    Ocean Bay Boulevard, Duck image
    Ocean Bay Boulevard, Duck $900,000

    Amazing home site! This is a flag lot with 24' of deeded ocean frontage! No roads to cross and breathtaking ocean views! Located in the quiet community of Sound Sea Vill...

    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    2083 Sandfiddler Road, Corolla image
    2083 Sandfiddler Road, Corolla $899,900 ▼

    The lowest priced oceanfront house in the county! Looking for the ultimate beach getaway that won't break the bank? Look no further! This charming and cozy oceanfront cot...

    • 3 Beds
    • 2 Baths
    Courtesy of Exp Realty, Llc - Coastal

    Listing courtesy of Exp Realty, Llc - Coastal.

    111 Topsail Court, Duck image
    111 Topsail Court, Duck $899,000 ▼

    This 4 bedroom (2 are En-Suites) 3.5 bath coastal retreat sits on a large homesite (16,000 sq. ft) in the community of Ships Watch located in the sought after Village of ...

    • 4 Beds
    • 4 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    101 Dosher Lane, Kitty Hawk image
    101 Dosher Lane, Kitty Hawk $899,000

    Whether you are looking for a primary home, 2nd home retreat or investment home “Sound Escape” has just what you have been searching for. It is a beautfuly maintained ho...

    • 4 Beds
    • 4 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1537 Ocean Pearl Road, Corolla image
    1537 Ocean Pearl Road, Corolla $885,000

    Now is your chance to own approximately 4 acres and over 100 feet of ocean frontage! This homesite will support a spectacular estate or event home. A large portion of t...

    Courtesy of Landmark Sotheby's International Realty

    Listing courtesy of Landmark Sotheby's International Realty.

    769 Sunrise Court, Corolla image
    769 Sunrise Court, Corolla $879,000

    RECENTLY UPDATED NEW FLOORING IN MIDLEVEL AND ENSUITE 2ND FLOOR! You will love the reverse floorplan of Catching Rays, with 7 Bedrooms, 4 baths, private pool, hot tub, tw...

    • 7 Beds
    • 4 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1084 Corolla Drive, Corolla image
    1084 Corolla Drive, Corolla $875,000 ▼

    Welcome to the Goat Locker a 6th row rental home in Whalehead. This is a well-maintained property with large backyard, private pool and hot tub. A 4 bedroom property when...

    • 4 Beds
    • 5 Baths
    Courtesy of Outer Banks Realty Group

    Listing courtesy of Outer Banks Realty Group.

    403 Kitty Hawk Bay Drive, Kill Devil Hills image
    403 Kitty Hawk Bay Drive, Kill Devil Hills $859,900

    Introducing 403 Kitty Hawk Bay Drive. Checking each box on the list to create one heck of a sweet spot. It’s curb appeal invites you in from the oversized double lot thro...

    • 4 Beds
    • 2 Baths
    Courtesy of Outer Banks Blue Realty Srvcs.

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    606 Saltspray Court, Corolla image
    606 Saltspray Court, Corolla $859,000

    ROOM TO ADD A 12'X25' POOL! Projected to do over $95K in annual income as is or $113K/yr with the addition of a pool! This semi-oceanfront home with 4 bedrooms and two an...

    • 4 Beds
    • 3 Baths
    Courtesy of Four Seasons Realty

    Listing courtesy of Four Seasons Realty.

    2133 Ocean Pearl Road, Corolla image
    2133 Ocean Pearl Road, Corolla $850,000 ▼

    Beautiful new coastal home construction by Sicario Properties only 4 lots to the ocean. Wild and wonderful 4 wheel drive area where the wild horses can be your neighbors....

    • 4 Beds
    • 4 Baths
    Courtesy of Re/Max Coastal Associates

    Listing courtesy of Re/Max Coastal Associates.

    788 Ranger Road, Corolla image
    788 Ranger Road, Corolla $850,000 ▼

    Mulberry Cottage is a low country beach home in the gated community of Buck Island. Designed as a second home or residence with spacious rooms, lots of storage and a lar...

    • 4 Beds
    • 5 Baths
    Courtesy of Outer Banks Realty Group

    Listing courtesy of Outer Banks Realty Group.

    1115 Austin Street, Corolla image
    1115 Austin Street, Corolla $849,000

    Enjoy the beauty and privacy of this 6 bedroom, 4 bath home in the highly sought after section of Lighthouse Cove in the premiere resort community of Corolla Light. Perf...

    • 6 Beds
    • 4 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $845,000

    Luxurious condo living with ocean views offered at the amenity packed Croatan Surf Club. Spacious and well-appointed, this two-level townhouse style unit will impress eve...

    • 3 Beds
    • 4 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    1809 Harbour View Drive, Kill Devil Hills image
    1809 Harbour View Drive, Kill Devil Hills $835,000 ▼

    The perfect home for waterfront living, picturesque sunsets, and the watersport’s enthusiast. Relax and enjoy the beautiful Albemarle Sound sunsets from two large, covere...

    • 4 Beds
    • 5 Baths
    Courtesy of Sun Realty - Kdh

    Listing courtesy of Sun Realty - Kdh.

    26 Fairway Drive, Southern Shores image
    26 Fairway Drive, Southern Shores $829,000 ▼

    Waterfront living awaits! This home is not only canal front but also offers privacy with the wooded cul-de-sac lot. This one owner home has been a secondary residence onl...

    • 4 Beds
    • 3 Baths
    Courtesy of Kingdom Real Estate Services, Inc.

    Listing courtesy of Kingdom Real Estate Services, Inc..

    116 Jay Crest Road, Duck image
    116 Jay Crest Road, Duck $820,000 ▼

    The ground floor consists of storage area & potential to finish two bedrooms & a full bathroom. The second floor & third floor consists of two bedrooms, a bath, a living...

    • 4 Beds
    • 2 Baths
    Courtesy of The Real Estate Group Carolina Properties

    Listing courtesy of The Real Estate Group Carolina Properties.

    1275 Still Water Court, Corolla image
    1275 Still Water Court, Corolla $810,000

    This stunning Ocean Bay Model home nestled in the Villages at Ocean Hill community in Corolla shows like a shiny new coin. Plus, the property backs up to the Currituck Ba...

    • 4 Beds
    • 5 Baths
    Courtesy of Keller Williams - Outer Banks

    Listing courtesy of Keller Williams - Outer Banks.

    101 W Sea Hawk Drive, Duck image
    101 W Sea Hawk Drive, Duck $810,000

    The Best Duck In a Row is the perfect home. Located in the heart of Duck, you are close to local dining, shops, and just a short walk to the beach! Even being surrounded ...

    • 4 Beds
    • 4 Baths
    Courtesy of Colony Realty Corp - Frisco

    Listing courtesy of Colony Realty Corp - Frisco.

    100 E Sportsman Drive, Kill Devil Hills image
    100 E Sportsman Drive, Kill Devil Hills $799,999

    Enjoy amazing views from this well maintained fully furnished Beach House. Located in the desired area between the highways in Kill Devil Hills and just a short distance ...

    • 3 Beds
    • 4 Baths
    Courtesy of Coldwell Banker Seaside Realty Kh

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

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    Find Your OBX Home Value

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    Investment Home Primer

     

    For those new to the OBX market, here is a quick overview:

     

    Rental income is largely determined by your distance to the ocean.  An oceanfront property will always rent better than one that is 3-4 rows back.  They get a higher rental rate and typically rent for more weeks out of the year. A newer oceanfront home can rent for 24 weeks of the year, whereas a house that is 3-4 rows back may only rent for 16-18 weeks.  With most investment properties, the strength of the investment is based on the cash flow (money in vs. money out). The way to analyze this is GRY (Gross Rental Yield).  This is calculated by dividing the gross income by the purchase price.  An example would be:  If a home has a gross income of $85,000 and cost $1,000,000 the GRY = 8.5%.  A general rule of thumb in our market is if the home produces a GRY of 8% or above, it should cover most all of the expenses, including mortgage.

     

    Expenses can range from utilities, taxes, mortgage, property management, insurance, HOA fees & maintenance.  These will vary depending on many things:  An oceanfront home will have higher insurance rates.  Some homes have very low HOA fees and others are quite high.  A newer home will have fewer maintenance issues vs. an older home, etc

    HOA fees will largely be determined by the services and amenities provided. Some subdivisions will offer swimming pools & tennis courts but the HOA fee will be higher to pay for these things.  Other subdivisions may not offer an expansive list of amenities, thus the HOA fee is low.

    Most of the OBX is on private septic systems, however there are subdivisions with sewer systems.  Areas with septic will usually be platted on larger lots since the septic area takes up space.  If a subdivision is set up on a sewer system, the lots may be very small.  That means the houses could be much closer to each other.  The HOA would also have to charge a fee for the sewer system usage.

     

    Property management is big business here.  There are many rental companies on the beach.  The owner chooses who they want to use based on performance, rates, and services provided.  The rate can range from 14% to 20% of gross rents depending on the services you want them to provide.  You can either have them take care of everything (bookings, pool service, weekly cleanings, linens, landscaping, filter changes, etc) and that rate may be 18-20%. However, if you hire your own pool company and you do the landscaping yourself, that rate would be reduced.  In NC, if the home is in a rental program, the new owner has to honor all weeks booked for at least 180 days from closing.  That way a new owner can't simply cancel everyone's reservation.

    All rental money is prorated to the day of closing.  That means if you bought a house and closed on May 1st, you would own all the money from any week booked after May 1st.  The seller would keep any money from the weeks occurring prior to May 1st.

     

    This is an amenity driven market.  The more amenities a house can offer will make it more attractive to potential renters.  Swimming pools, hot tubs, gamerooms, views, theater rooms, etc are what renters desire and these amenities will increase your bottom line. Most of these homes are sold fully furnished, so you get most everything in the home included in the purchase price.

    In a nutshell: An oceanfront home will always be a solid investment.  As you move back from the ocean, your GRY will decrease the further back you go. 
    I hope this offers some guidance.  There are exceptions to every rule.  Therefore, it is best to have a professional help you in your search.  If you would like to begin your search, please contact me directly.
    Chandler Spawr
    obxhomes@gmail.com
    (252)202-9880

    For Marketing Examples visit our VIDEO PAGE to see how we can help you sell your property. 

     

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    If you are in search for FORECLOSURES and OBX Bank Owned Property, click the link to view all foreclosure listings currently for sale. Participating in a purchase contract with the bank can be a daunting task, but with our high caliber expertise we can help you navigate your way through the maze of paperwork and negotiations. In our current market, timing is crucial, especially with Outer Banks foreclosures that disappear very quickly, so contact us in the event of your interest in a listing.

    For those looking for investment property with cash flow, we can assist you in buying or selling commercial and industrial property such as apartments, duplex’s, triplex’s and quad’s as well as NNN (triple net) investment property. 

    For Marketing Examples visit our VIDEO PAGE to see how we can help you sell your property. 

    Occasionally, we will have properties for sale that are not in MLS.  Be sure to check our Pocket Listings page for those deals.

    We can also happily help you find the professional legal and accounting advice regarding 1031 Tax Deferred Exchange’s or Starker Exchanges, as well as assist you in finding the right facilitators to conduct the exchange as per I.R.S. regulations.

    If you are looking to develop a subdivision, our expertise can help you acquire the acreage you need, obtain the necessary zoning changes, and sell lots after the subdivision process.

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