303 E Oregon Avenue, Kill Devil Hills, NC 27948

$2,750,000
12
BD
11
BA
6,132
SqFt
List Price
$2,750,000
MLS#
112922
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
12
Bathrooms
11
Full-baths
10
Half-baths
1
Living Area
6,132
Neighborhood
Baers Folly

Property Description

UNIQUE OPPORTUNITY: OCEANFRONT - MP 8 - KILL DEVIL HILLS! Located on a 90-foot-wide, 24,000/sf lot, the 12 bedroom oceanfront home features expansive views of the Eastern horizon as well as views of the Northern and Southern beaches as far as the eye can see! At a ground elevation of 25 feet, visitors enjoy a bird’s-eye view of the surrounding area and can even see the Wright Brother’s Monument! The oceanfront home, designed & built by the current owners, has been meticulously maintained and updated – these efforts are apparent in the consistent rental performance at both properties! The spacious layout, unmatched views and central location contribute the overall desirability for vacationers and future-owners alike! With the addition of a poolside gazebo and tiki bar, the current owner’s believe rental income could reach $280,000 on the oceanfront alone!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher
Construction
Frame, Wood
Siding
Shakes
Extras
Beach Access, Boardwalk to Beach, Elevator, Hot Tub, Outside Shower, Dry Entry
Floor Coverings
Carpet, Ceramic Tile, Wood Laminate
Foundation
Piling
Garage
Carport
Heating
Central, Heat Pump
Interior Features
Gas Fireplace, Master Bath (Ensuite)
Lot Description
Adj. To Common Area, Beach Frontage, Water Frontage
Optional Rooms
Game Room, Utility Room
Parking
Paved, Off Street
Pool
Yes
Possession
At Closing
Roads
Gravel, Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal, Cottage
View
Ocean
Well
Municipal
Zip
27948
Neighborhood
Baers Folly
Year Built
1999
County
Dare
Annual Rental Income
237000
Rental Co
Sun Realty
Rental Cottage #
394
Rental Cottage Name
First Wind
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
237000
Rental Performance
0.0862

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Harrell & Associates.

Listed by Bobby Harrell

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