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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

    1001 Lighthouse Drive, Corolla image
    1001 Lighthouse Drive, Corolla $5,250,000

    The Risen Son Oceanfront custom built home in the sought after Whalehead Club. Looking for a place to invest in this is it! This builder had a design in mind to maximize ...

    • 11 Beds
    • 14 Baths
    Courtesy of A Better Way Realty, Inc

    Listing courtesy of A Better Way Realty, Inc.

    411 Great Gap Point, Corolla image
    411 Great Gap Point, Corolla $4,850,000

    Location, location, location! Oceanfront estate situated on a quiet cul-de-sac and spacious parcel in the sought after Pine Island Community of Corolla. Offering three se...

    • 9 Beds
    • 11 Baths
    Courtesy of Twiddy And Company - Corolla

    Listing courtesy of Twiddy And Company - Corolla.

    803 S Virginia Dare Trail, Kill Devil Hills image
    803 S Virginia Dare Trail, Kill Devil Hills $4,750,000

    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.

    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.

    642 Hunt Club Drive, Corolla image
    642 Hunt Club Drive, Corolla $3,975,000

    Virtual tour interior: https://www.vizsourcevr.com/virtual360/194053702710/ Virtual tour exterior: https://www.vizsourcevr.com/virtual360/191166980166/ The Oaks on Hun...

    • 12 Beds
    • 18 Baths
    Courtesy of Island Crest Obx Realty

    Listing courtesy of Island Crest Obx Realty.

    1485 Ocean Pearl Road, Corolla image
    1485 Ocean Pearl Road, Corolla $3,880,000 ▼

    Oceanfront Estate! Views! Privacy! A One of a kind 2.77 acre, 3 building estate that is situated on the Oceanfront near Penny's Hill in the 4 wheel drive beach of Coro...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    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.

    64 Ocean Boulevard, Southern Shores image
    64 Ocean Boulevard, Southern Shores $3,724,000 ▼

    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.

    925 Lighthouse Drive, Corolla image
    925 Lighthouse Drive, Corolla $3,299,000

    Sweeping views of the Atlantic await you from this ideal investment or 2nd home opportunity! You will delight in the bright, open great room that offers panoramic views ...

    • 6 Beds
    • 6 Baths
    Courtesy of Brindley Beach Vacations-Duck

    Listing courtesy of Brindley Beach Vacations-Duck.

    1243 Atlantic Avenue, Corolla image
    1243 Atlantic Avenue, Corolla $3,250,000

    Perched on a nice and high Oceanfront Dune for dynamite Ocean Views, this outstanding Nine Bedroom Oceanfront Beach Home, is loaded for fun gatherings ! Enjoy Ocean & Sur...

    • 9 Beds
    • 10 Baths
    Courtesy of Sun Realty - Corolla

    Listing courtesy of Sun Realty - Corolla.

    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.

    472 Land Fall Court, Corolla image
    472 Land Fall Court, Corolla $2,999,000

    Remarkable home located on a spacious, well protected, semi-oceanfront parcel in the private oceanside Spindrift Community of Corolla with half acre lots, gated entry, di...

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

    Listing courtesy of Twiddy And Company - Corolla.

    508 Conch Crescent, Corolla image
    508 Conch Crescent, Corolla $2,995,000

    508 Conch Crescent is a magnificent, recently built, nine-bedroom residence located in the awesome low-density section of Ocean Sands Section B. This estate size lot is c...

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

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    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.

    779 Columbia Road, Corolla image
    779 Columbia Road, Corolla $2,899,900 ▼

    BUCK ISLAND- A gated, manicured, oceanside resort community in Corolla. This Stunning 9 bedroom tier 2 OCEANFRONT home offers breathtaking views, impressive and artful de...

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

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    157 Buffell Head Road, Duck image
    157 Buffell Head Road, Duck $2,750,000

    This is the oceanfront home you have been waiting for as either a primary, second, or rental money printing machine! Both Location, Location, Location as well as ROI, ROI...

    • 5 Beds
    • 5 Baths
    Courtesy of Sun Realty - Duck

    Listing courtesy of Sun Realty - Duck.

    10433 S Old Oregon Inlet Road, Nags Head image
    10433 S Old Oregon Inlet Road, Nags Head $2,750,000

    Stay Anchored is an immaculate oceanfront home! Enjoy panoramic ocean views from every level of this luxurious property, perfectly situated just one lot north of the Cape...

    • 8 Beds
    • 10 Baths
    Courtesy of Real Broker, Llc

    Listing courtesy of Real Broker, Llc.

    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.

    1209 Atlantic Avenue, Corolla image
    1209 Atlantic Avenue, Corolla $2,700,000

    This beautiful custom oceanfront home is designed to maximize ocean, beach & lighthouse views. Located in Ocean Hill with the largest lots & setbacks in Corolla. Ocean Hi...

    • 5 Beds
    • 7 Baths
    Courtesy of Sun Realty - Corolla

    Listing courtesy of Sun Realty - Corolla.

    475 Spindrift Trail, Corolla image
    475 Spindrift Trail, Corolla $2,699,000

    This stunning vacation rental home, located in a gated community, underwent a complete remodel in March 2023 and now features all new furniture and bedding, new mattress...

    • 9 Beds
    • 10 Baths
    Courtesy of Outer Banks Realty Group

    Listing courtesy of Outer Banks Realty Group.

    1231 Atlantic Avenue, Corolla image
    1231 Atlantic Avenue, Corolla $2,698,000 ▼

    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.

    8229 S Old Oregon Inlet Road, Nags Head image
    8229 S Old Oregon Inlet Road, Nags Head $2,680,000

    Fall in love with "Sweet Melissa" and all the fantastic recent upgrades. Take in unobstructed ocean views from this 10 bedroom oceanfront home in South Nags Head that is ...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    100 Marlin Drive, Duck image
    100 Marlin Drive, Duck $2,680,000

    A true custom masterpiece in the heart of Duck! No pictures can truly do this home justice and it needs to be seen in person to be appreciated. The Saltaire House was ...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    123 Ocean Bay Boulevard, Duck image
    123 Ocean Bay Boulevard, Duck $2,675,000

    "Dune House" is a truly unique, newly remodeled 4,016 sq ft beachfront property from renowned home designer Lauren Liess. Perched just behind the dunes on one of the leas...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    8103 S Old Oregon Inlet Road, Nags Head image
    8103 S Old Oregon Inlet Road, Nags Head $2,550,000

    Must see Nags Head Ocean Front with Solid Rental History and high ROI. Boasting tons of upgrades and updates. Roof (2019), newer A/C unit, newer water heaters, recently i...

    • 9 Beds
    • 7 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.

    1117 Franklyn Street, Corolla image
    1117 Franklyn Street, Corolla $2,499,900 ▼

    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.

    2703 Virginia Dare Trail, Nags Head image
    2703 Virginia Dare Trail, Nags Head $2,499,500 ▼

    "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.

    8135 S Old Oregon Inlet Road, Nags Head image
    8135 S Old Oregon Inlet Road, Nags Head $2,490,000

    If you are looking for a well maintained Nags Head Ocean Front, look no further! Trying to find a high returning, low maintenance investment property, here ya go! The sel...

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

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    733 Crown Point Circle, Corolla image
    733 Crown Point Circle, Corolla $2,450,000

    “So Good” is SO accurate!! This 6 bedroom/5.5 bathroom features 4 Kings (3 are Masters), 2 Twins and 2 Pyramid Bunks (super cute, fun & functional!). Ground floor offer...

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

    Listing courtesy of Beach Realty & Construction - Kh North.

    1261 Sandcastle Drive, Corolla image
    1261 Sandcastle Drive, Corolla $2,425,000

    Stunning oceanfront in Villages of Ocean Hill! This well elevated 7 bedroom/7.5 bath home has the most amazing ocean and beach views from ALL 3 levels! On the ground l...

    • 7 Beds
    • 8 Baths
    Courtesy of Twiddy And Company - Wash Woods

    Listing courtesy of Twiddy And Company - Wash Woods.

    239 Hicks Bay Lane, Corolla image
    239 Hicks Bay Lane, Corolla $2,350,000 ▼

    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.

    9415 S Old Oregon Inlet Road, Nags Head image
    9415 S Old Oregon Inlet Road, Nags Head $2,350,000 ▼

    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.

    934 Lighthouse Drive, Corolla image
    934 Lighthouse Drive, Corolla $2,300,000

    This amazing bright and brilliant home is now ready for you and your family to take over! The lower level boasts a newly renovated game room and bunk room area for the k...

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

    Listing courtesy of Twiddy And Co. - Duck.

    8001 S Old Oregon Inlet Road, Nags Head image
    8001 S Old Oregon Inlet Road, Nags Head $2,199,000

    ONE OF A KIND!!! This immaculate oceanfront home is truly an Outer Banks GEM! From the awesome location to the ocean views to the luxury interior, you will find no bett...

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

    Listing courtesy of Re/Max Coastal Associates.

    8721 S Old Oregon Inlet Road, Nags Head image
    8721 S Old Oregon Inlet Road, Nags Head $2,199,000 ▼

    Welcome to your dreamy, not only updated, but upgraded oceanfront home in the heart of Nags Head! This stunning 8-bedroom, 5.5-bathroom coastal gem has everything you and...

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

    Listing courtesy of Keller Williams - Outer Banks.

    3915 S Virginia Dare Trail, Nags Head image
    3915 S Virginia Dare Trail, Nags Head $2,199,000 ▼

    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.

    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.

    647 Tide Arch, Corolla image
    647 Tide Arch, Corolla $2,095,000

    Amazing, must see, like new (built in 2021) oceanside seven-bedroom home in popular Ocean Lakes of Ocean Sands...$151,375. full season rental projection from Blue!.. Ocea...

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

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    6909 S Virginia Dare Trail, Nags Head image
    6909 S Virginia Dare Trail, Nags Head $2,050,000

    **$176K for 2023** More than $200K for 2022** This updated oceanfront in Nags Head has something for everyone. Centrally located to the best things that the Outer Banks h...

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

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    341 N Dogwood Trail, Southern Shores image
    341 N Dogwood Trail, Southern Shores $2,000,000

    Enjoy the best of the Outer Banks in one of the most private and beautiful settings on the East Coast! Enjoy spectacular views and stunning big-water sunsets each evenin...

    • 5 Beds
    • 6 Baths
    Courtesy of Carolina Designs Realty

    Listing courtesy of Carolina Designs Realty.

    2 Sea Bass Circle, Southern Shores image
    2 Sea Bass Circle, Southern Shores $1,999,999 ▼

    Dad says to sell so here we are! Family home now ready for new memories to be made. Take advantage of the rental income for 2023 and enjoy this home for many years to c...

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

    Listing courtesy of Outer Banks Realty Group.

    102 Gannet Lane, Duck image
    102 Gannet Lane, Duck $1,899,000

    WOW! EXQUISITE SANDERLING SOUNDFRONT ESTATE! PANORAMIC, BREATHTAKING SOUND AND SUNSET VIEWS, BEAUTIFULLY LANDSCAPED DOUBLE LOT, METICULOUSLY MAINTAINED/NOT A RENTAL, EL...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    3709 S Virginia Dare Trail, Nags Head image
    3709 S Virginia Dare Trail, Nags Head $1,895,000

    With an incredible $225K remodel done this offseason, get ready to be wowed by this oceanfront stunner. Showing as one of the best in one of the most desirable locations...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    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.

    451 North Cove Road, Corolla image
    451 North Cove Road, Corolla $1,850,000

    Few Outer Banks communities have retained their exclusivity over the years like Corolla's Pine Island - privacy, pristine beaches, top-notch amenities, gorgeous homes wi...

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

    Listing courtesy of Keller Williams - Outer Banks.

    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.

    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.

    605 Skimmer Arch, Corolla image
    605 Skimmer Arch, Corolla $1,725,000

    Corolla Oceanfront! Panoramic ocean views from the top level! Large protective dune and a wide sandy beach! This beautiful 6 bedroom and 4 bath home, is conveniently s...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    658 Loblolly Court, Corolla image
    658 Loblolly Court, Corolla $1,699,000

    Panoramic Sound & Ocean Views await you in this prestigious Semi-Sound front home built by Renaissance! Enjoy Outer Banks Sunrises & Sunsets from this unique location & l...

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

    Listing courtesy of Coastal Shores Realty Group.

    1080 Hampton Street, Corolla image
    1080 Hampton Street, Corolla $1,695,000

    Welcome to Sand & Pearl. Built in 2016 by renowned OBX custom builder Dave Stormont, this beautiful 5-bedroom retreat is located in the heart of Corolla Light, a wonderfu...

    • 5 Beds
    • 7 Baths
    Courtesy of Four Seasons Realty

    Listing courtesy of Four Seasons Realty.

    124 Mallard Drive, Duck image
    124 Mallard Drive, Duck $1,694,900 ▼

    The LOWEST PRICED 5 BEDROOM SINGLE FAMILY OCEAN FRONT HOME from Duck through Southern Shores! Original Owners and very well maintained Ocean Front Home in Duck! Ocean V...

    • 5 Beds
    • 4 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.

    134 Four Seasons Lane, Duck image
    134 Four Seasons Lane, Duck $1,600,000

    Welcome home to The Duck Social perfectly situated in the heart of Duck in the gated community of Four Seasons. Enjoy a quick walk to the beach or to downtown Duck to enj...

    • 7 Beds
    • 8 Baths
    Courtesy of Rog Obx, Inc

    Listing courtesy of Rog Obx, Inc.

    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.

    643 Wave Arch, Corolla image
    643 Wave Arch, Corolla $1,599,000

    Simply sensational & Turn Key TODAY! This quality build by Olin Finch has been lovingly cared for by the same homeowners for nearly 20 years with pride that shines throug...

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

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    1259 Atlantic Avenue, Corolla image
    1259 Atlantic Avenue, Corolla $1,599,000

    This 5 bedroom 3 bath "fisherman's" cottage sits on one of the most protective dunes in Ocean Hill or Villages at Ocean Hill. Stabilized with sturdy Russian Olives provid...

    • 5 Beds
    • 3 Baths
    Courtesy of Coldwell Banker Seaside Realty - Kdh

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    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.

    134 N Snow Geese Drive, Duck image
    134 N Snow Geese Drive, Duck $1,499,000

    BEEN IN THE FAMILY SINCE IT WAS BUILT. NEVER RENTED. NEVER FLOODED EVER! Currently experiencing beach nourishment! They have taken meticulous care of this home over a...

    • 3 Beds
    • 4 Baths
    Courtesy of Beach Realty & Construction- Corolla

    Listing courtesy of Beach Realty & Construction- Corolla.

    694 Hunt Club Drive, Corolla image
    694 Hunt Club Drive, Corolla $1,450,000

    Revel in spectacular golf course and sound views from this spacious 6 bedroom 5.5 bath vacation home with game room, screened porch, and private pool located in the prest...

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

    Listing courtesy of Keller Williams - Outer Banks.

    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.

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

    Back on the Market!! NEW QUALITY CONSTRUCTION in the OBX!! Personally built by owner of the company, JT Construction, nestled in the gated Currituck Club among Tall ...

    • 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

    “Joy at A Glance” will welcome you with great curb appeal and landscaped yard. You will immediately notice that it is located on one of the highest elevation points and o...

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

    Listing courtesy of Brindley Beach Vacations & Sales - Kh.

    3603 S Virginia Dare Trail, Nags Head image
    3603 S Virginia Dare Trail, Nags Head $1,375,000

    Rare opportunity: A 50' premium oceanfront lot in the heart of old Nags Head. Deep lot is protected by large dunes covered with vegetation and a beautiful wide sandy beac...

    Courtesy of Judy Burnette Realty, Llc

    Listing courtesy of Judy Burnette Realty, Llc.

    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 4 bedrooms, 5 1/2 baths oceanfront beach-house features multitudes of indoor and ou...

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

    Listing courtesy of Sun Realty - Kdh.

    110 Clam Shell Trail, Southern Shores image
    110 Clam Shell Trail, Southern Shores $1,299,000

    Dream home opportunity in Chicahauk with an easy walk to the lifeguarded Beach! You can own this amazing house in one of the best communities on the East Coast. Chicahauk...

    • 6 Beds
    • 7 Baths
    Courtesy of Southern Shores Realty

    Listing courtesy of Southern Shores Realty.

    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.

    3311 N Virginia Dare Trail, Kill Devil Hills image
    3311 N Virginia Dare Trail, Kill Devil Hills $1,272,500 ▼

    **Beautiful Kill Devil Hills Oceanfront** High ROI ** Low Expenses** New Decking **$78,200 for 2021 GRI** Roof 2019*** If you are in the market for strictly an investmen...

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

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    754 Cormorant Trail, Corolla image
    754 Cormorant Trail, Corolla $1,250,000

    BEAUTIFUL Corolla Beach Home featuring 7 bedrooms, 8.5 bathrooms with three floors of open living space, spacious covered decks, game room, wet bar, private pool, hot tub...

    • 7 Beds
    • 9 Baths
    Courtesy of Lpt Realty, Llc

    Listing courtesy of Lpt Realty, Llc.

    982 N Harbor View, Corolla image
    982 N Harbor View, Corolla $1,250,000

    This handsome home was completed in November 2020 - elevator, granite, wood floors, private pool! And it is an easy walk to the beach in Whalehead with the Perch walkway ...

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

    Listing courtesy of Keller Williams - Outer Banks.

    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.

    122 Tanya Drive, Kill Devil Hills image
    122 Tanya Drive, Kill Devil Hills $1,195,000

    Brand New Construction , with beautiful views of the Atlantic. This stunning, modern take, on the classic Nags Head beach house, features ocean views from numerous level...

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

    Listing courtesy of Coldwell Banker Seaside Realty Kh.

    1472 Duck Road, Duck image
    1472 Duck Road, Duck $1,149,000

    BEAUTIFUL SOUNDFRONT IN SANDERLING WITH AN ELEVATOR! NEW DECK, NEW ROOF! ENDLESS SUNSETS!! This is the perfect opportunity to own waterfront property in the coveted to...

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

    Listing courtesy of Landmark Sotheby's International Realty.

    240 N Dogwood Trail, Southern Shores image
    240 N Dogwood Trail, Southern Shores $1,114,425 ▼

    Endless possibilities for the new homeowner in this lovely, private canal-front sprawling estate-like home with a circular driveway and a three-car garage. The property i...

    • 4 Beds
    • 4 Baths
    Courtesy of Century 21 Nachman Realty

    Listing courtesy of Century 21 Nachman Realty.

    1619 Sandpiper Road, Corolla image
    1619 Sandpiper Road, Corolla $1,105,000

    This newly renovated and ready to rent home has five primary bedrooms with en-suite bathrooms plus two half baths. The reverse living, open floorplan offers maximum views...

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

    Listing courtesy of Keller Williams - Outer Banks.

    654 Pampas Court, Corolla image
    654 Pampas Court, Corolla $1,100,000 ▼

    Spectacular new in 2018 six bedroom home in Ocean Sands Section O. Beach access is less than two minute walk. This house is a top producing rental and enjoyed by guests....

    • 6 Beds
    • 6 Baths
    Courtesy of Obhoa, Llc

    Listing courtesy of Obhoa, Llc.

    124 Sunrise Lane, Kill Devil Hills image
    124 Sunrise Lane, Kill Devil Hills $1,095,000

    Beautiful custom Cape Cod style home with bulk-headed 82’ water frontage on the Albemarle Sound with southwest exposure. Has never flooded sitting 15.5 feet above sea lev...

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

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $1,095,000 ▼

    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.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $1,080,000

    Unit 2K will immediately draw you with its outstanding views of the ocean and pool and spa from the large private terrace. This sought after corner end unit offers additi...

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

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    6065 Martins Point Road, Kitty Hawk image
    6065 Martins Point Road, Kitty Hawk $1,075,000

    Creekfront living in the prestigious Martins Point community with NEW ROOF, NEW PLUMBING, ALL NEW FLOORING, and FRESH INTERIOR PAINT! This 3-bedroom (all with full baths...

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

    Listing courtesy of Keller Williams - Outer Banks.

    3320 S Linda Lane, Nags Head image
    3320 S Linda Lane, Nags Head $1,055,000 ▼

    A rare opportunity to own a beach home in the elegant Old Nags Head Place development! Next to the gorgeous Nags Head beaches for which we are famous. This home has the l...

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

    Listing courtesy of Outer Banks Realty Group.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $1,050,000

    Living well with the Outer Banks lifestyle requires a primo spot to enjoy it! The Croatan Surf Club Condos are the best way to do just that. This direct Oceanfront locati...

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

    Listing courtesy of Outer Banks Blue Realty Srvcs..

    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.

    1319 N Virginia Dare Trail, Kill Devil Hills image
    1319 N Virginia Dare Trail, Kill Devil Hills $995,000 ▲

    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.

    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.

    4717 N Virginia Dare Trail, Kitty Hawk image
    4717 N Virginia Dare Trail, Kitty Hawk $989,000

    This oceanfront property is a three-bedroom, two-bathroom home offering a tranquil and idyllic setting and stunning ocean views. The property was completely remodeled in ...

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

    Listing courtesy of Keller Williams - Outer Banks.

    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 $974,000 ▼

    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.

    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.

    125 Tower Lane, Kill Devil Hills image
    125 Tower Lane, Kill Devil Hills $949,900

    Serenity at its finest! Welcome to your private wooded oasis with trees as far as the eye can see. This open and spacious, custom home provides an abundance of windows, ...

    • 5 Beds
    • 5 Baths
    Courtesy of Saga Realty And Construction

    Listing courtesy of Saga Realty And Construction.

    113 Topsail Court, Duck image
    113 Topsail Court, Duck $949,000

    SELLER FINANCING AVAILABLE. 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 larg...

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

    Listing courtesy of Coldwell Banker Seaside Realty - Kdh.

    2707 S Memorial Avenue, Nags Head image
    2707 S Memorial Avenue, Nags Head $935,000

    Excellently maintained home in Nags Head located just a short stroll to the beach. The house has been in the same family since it was built. The owner limits the rents so...

    • 4 Beds
    • 4 Baths
    Courtesy of Carolina Designs Realty

    Listing courtesy of Carolina Designs Realty.

    304 Ridgeview Way, Nags Head image
    304 Ridgeview Way, Nags Head $924,900 ▼

    Welcome to your dream coastal retreat! This stunning home offers 4 bedrooms, 2.5 baths, and a separate guest house, perfect for hosting friends and family. Situated on a ...

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

    Listing courtesy of Re/Max Coastal Associates.

    1251 Lakeside Court, Corolla image
    1251 Lakeside Court, Corolla $920,000

    Beautiful and Relaxing. Well Appointed w Showplace Style & Decor. Beach Vacationers Love this Setting with Private Swimming Pool, Hot Tub, Rec Room w Billiards, plus Six ...

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

    Listing courtesy of Sun Realty - Corolla.

    1973 Ocean Pearl Road, Corolla image
    1973 Ocean Pearl Road, Corolla $920,000

    Gorgeous New Construction home in the 4-wheel section. Privacy and with 6 bedroom and 5.1/2 baths there is plenty of room for the whole family. rental income is a great o...

    • 6 Beds
    • 6 Baths
    Courtesy of Howard Hanna William E. Wood - Currituck

    Listing courtesy of Howard Hanna William E. Wood - Currituck.

    824 Whistler Court, Corolla image
    824 Whistler Court, Corolla $915,000

    Stunning Coastal Cottage located in the Currituck Club. A gated resort community in Corolla. One of the nicest golf courses on the east coast. Enjoy all the amenities inc...

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

    Listing courtesy of Saga Realty And Construction.

    902 S Virginia Dare Trail, Kill Devil Hills image
    902 S Virginia Dare Trail, Kill Devil Hills $911,110

    The Raleigh floor plan is thoughtfully designed to provide the ultimate coastal living experience for you and your guests. A 3-bedroom, 3 1/2-bathroom luxury townhome ...

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

    Listing courtesy of Keller Williams - Outer Banks.

    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.

    4041 Martins Point Road, Kitty Hawk image
    4041 Martins Point Road, Kitty Hawk $899,000

    Welcome to your coastal dream home in Martin's Point on the Outer Banks! This exceptionally well built three-bedroom residence offers everything you could want in a home ...

    • 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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