Shore Realty Outer Banks Real Estate Sales

New OBX Listings


1215 Wrightsville Boulevard,Kill Devil Hills

Comfortable Beach Cottage conveniently located in Kill Devil Hills within walking distance to the beach. With Double Decks front and rear there is plenty of space to take in the breezes from the Atlantic in the sun or shade. Full concrete under for plenty of parking. Reverse floor plan maximizes views, Open Concept Floor Plan is perfect for the family vacation or entertaining friends. All 3 bedrooms on First Level with 2 Full Baths. Top Floor offers the Kitchen, Dining and Living areas a Ha


119 Outrigger Drive,Kill Devil Hills

Canal front home with 50ft canal frontage and own private boat dock. Location is on a wide section of the canal. Fenced backyard and landscaped with sprinkler system. Ground floor has garage with storage space or could be used as a workshop. There is a dry entry from ground floor. First floor has open floor plan with kitchen, dining area and family room. Has a half bath and small bedroom. Second floor has two nice size bedrooms. Master bedroom has master bath with built in Jacuzzi tub. Nice ca


919 W Sharon Court,KILL DEVIL HILLS

Great opportunity to own your Second Home or Investment Property which is centrally located in the heart of KDH and just steps away from all that Bay drive has to offer.


52031 Sportsman Drive,Frisco

Great soundside location, and a great value: “Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. Please contact the listing agent for bidding instructions.”


2046 N Virginia Dare Trail,KILL DEVIL HILLS

OCEAN VIEWS that your buyers won't want to leave from this adorable Caribbean-flavored semi-oceanfront located in the heart of KDH. Steps to the beach, Avalon Pier, and Awful Arthur's! Game room has pool table, TV, fridge and wet bar. 4 bedrooms are all MASTERS! Big dining room area and spacious kitchen, too. Check out the ocean view from the living room sofa!


1714 Creek Street,Kill Devil Hills

New in 2013! This wonderful home built by Forrest Seal, LLC has the quality and attention to detail that you have come to expect from one of the Outer Banks best builders. This property is located within a X-Flood Zone (No Flood Insurance Required) and is within walking distance to beach, sound, restaurants, & shops. Ground floor has a 240 sq. ft. enclosed room that has been "roughed-in" for a future bedroom and full bath (currently used for additional storage). Septic system already permitte


3 Spinnaker Drive,Manteo

Walk in this home and instantly see the beautiful view of the sound! Canalfront Spinnaker Village home in Pirates Cove in pristine condition! Ground level finished area with plenty of sitting/entertaining room and additional tackle room. Reverse floor plan with cathedral ceiling. Nice kitchen with tile back splash and pendant lighting. Open Living Room and Dining area. Full Bath and Guest/Master bedroom. Upper level walks out to deck overlooking canal and dockage. 2nd level with Master Be


8 Soundview Circle,Southern Shores

Just 1 lot from the sound. High, dry & Gorgeous, upscale neighborhood. Seller will entertain any offer. Motivated. Peaceful yet you may walk to the beach. This prime location offers very low traffic and amazing views. NO FLOOD INSURANCE required as the county has this large, half acre lot in an X flood zone. Only .41 miles from the Duck line. Close enough to get to downtown Duck and the bridge without fighting all the traffic!


1221 Wrightsville Boulevard,Kill Devil Hills

This 4 bedroom, 4 1/2 bath home has two living areas giving plenty of room to spread out! Ocean Views from the upper decks and just a short walk to the beach make this an ideal between-the-highways home. Lots of deck space outside and a well maintained comfortably furnished inside make for a great vacation experience. Ground floor has additional bedrooms as well as an In-Law Suite for additional privacy.


107 Four Seasons Lane,Duck

Over 1/2 acre lot in Duck's finest community. Walking distance to Village of Duck, ocean, club house, fitness facility,game room, indoor and outdoor pools, tennis, basketball, etc, etc, etc......Great investment opportunity


617 Tern Arch,Corolla

Slapwater is closer to the beach than many Semi oceanfronts -just steps away from the access leading to the wide uncrowded shoreline!. True ocean views are yours from the upper decks and screened porch. Featuring a Large Private pool and hot tub complete with an outside bathroom and showers, this property may feel like your own seaside resort. The cozy fireplace and hot tub may extend your season in the fall and spring. Five bedrooms offer plenty of room for everyone in your crew. 2013 upgrade


1712 S Virginia Dare Trail,Kill Devil Hills

Newly Released 2Bedroom/2Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1712 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


940 S Harbour View Drive,Corolla

Beautiful Bulkheaded home in Monteray Shores. Water views forever from your pool and pier. One of the few properties in Corolla with water to the bulkhead and a pier for your water sport enjoyment.


1712 S Virginia Dare Trail,Kill Devil Hills

Fantastic HUGE penthouse with great views from all living areas and each of the three master bedrooms. Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1712 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with a community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 2 Bedroom/2 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1712 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath Semi Oceanfront home with a community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with a community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


42069 Cedar Circle,AVON

VACATIONS BLOOM AT BEAUTIFUL "CAROLINA HOLLY." THIS SUPER RESORT COTTAGE HAS EXCEPTIONAL SOUND AND SUNSET VIEWS. VERY CLOSE WALK TO THE OCEAN. NICE FOUR BEDROOM RESORT PLAN. GOOD BEDROOMS + HOT TUB + WHIRLPOOL TUB IN MASTER. RENTS ARE VERY GOOD. GREAT CURTIS CHILDERS CONSTRUCTION. CONTINUALLY UPDATED BY DISCERNING AND CONCERNED OWNERS. WE LOVE "CAROLINA HOLLY." YOU SHOULD TOO.


1710 S Virginia Dare Trail,Kill Devil Hills

Newly Released 3 Bedroom/3 Bath semi oceanfront home with great views, community pool, elevator and beach access right accross the street. This home is spacious and has all the ammenities that make beach visits easy and enjoyable! 30 Year Seller Financing available to qualified borrowers.


Helping People Buy And Sell Homes on the Outer Banks

View of Outer Banks oceanfront with sand fence along a path

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Do Not Sign an Exclusive
Buyer Agency Agreement

There is no Law that says you have to sign an Exclusive Buyer Agency Agreement before an agent can help you with buying a home. A Non-Exclusive Agency Agreement works and does not force unwarranted obligations on you.

Update 3/24/14 Flood Insurance Rates will not be skyrocketing like everyone has been talking about. HR3370 was passed and signed into law thereby ending the Bigert-Waters Act and all the dire consequences. HERE is a copy of the new law.

Welcome to Shore Realty's premier site for all things real estate on the Outer Banks. On this site you can search all of the real estate, land, condos and homes for sale on the Outer Banks beaches. You can narrow down your beach house search to the individual towns and villages across the OBX from Corolla and Duck to Southern Shores and Kitty Hawk including Nags Head and Kill Devil Hills plus Colington, the town of Manteo and all the villages on Hatteras Island. If it is for sale, you can find it here, regardless of whether you are looking for a palace like mansion, a simple beach cottage, an investment rental house or a home to live in.

Everything you need to make an educated home purchase is right here on this site, including articles for sellers and buyers with ideas to help you achieve your goal of Outer Banks home ownership. Call Direct 252-441-3416

Worried about the cean rising up and consuming the OBX? How long before the OBX washes away? Here is an article with some details about the Rising Seal Levels on the Outer Banks.

Owners

Contemplating selling your property? The real estate market on the Outer Banks is not very friendly to sellers right now but properties are selling and quickly, if priced at market value. If you are interested in finding out the value of your property to see if you should wait or not, then sign up for a FREE CMA. If you are ready to sell, check out the extensive marketing campaign used by Shore Realty to help you sell your property. Shore Realty's level of service is unmatched and even surpasses what the big box brand companies have to offer. Check it out HERE Sometimes smaller is better!

Has the OBX Real Estate Market Reached the Bottom?

Probably!!! The only way to really know for sure if the real estate market has bottomed out is through hind sight. When we see prices start to go back up we will know for sure where the bottom was. It does look like we are at, or near, the bottom of the market right now. Looking at the market broken down into the many different geographical area,s we see some of the micro markets on the OBX already starting to increase in value. Not much increase, but the downward spiral is ending.

If you believe in the old investor adage, buy low sell high, then the next 5 years should be a good time to invest. Those who wait too long will find themselves on the other side of the curve facing rising prices and rising interest rates. How long will be too long?

New 2013 Property Tax Assessments Are Out

What does this mean? Not much really, but it might be a shock to some home buyers when they find out the tax assessment on the house they want to buy is lower than the fair market value is. Likewise, sellers are not going to be happy with finding out their assessments have gone down while their property tax payments have not gone down. Dare & Currituck Counties only assess the real estate tax values every 8 years and the last time was at the height of the real estate boom. So, for the past 8 years the property tax assessments were higher than homes were selling for, which gave buyers a sense of increased value. Now that the property tax assessments have been readjusted, it doesn't look like properties are such a great deal. But, the property tax assessment does not have any bearing on the market value of a property. The tax assessment only influences how much property tax is levied against a property. A low tax assessment can be a good thing.

THE BANKS ARE NOT CLOSED

THE BANKS ARE MAKING LOANS. The banks are making home loans the way they used to and the way they should be making home loans. If you have a down payment, good credit and can afford the mortgage payments, then you can buy whatever you want at incredibly low interest rates. Just make sure the home will appraise because there are a lot of overpriced houses out there that will not appraise.

Sold Statistics

TOTAL SOLD RESIDENTIAL UNITS
Outer Banks NC Association of REALTORS MLS

The 2013 Sold Statistics from the OBX MLS are here. The past year saw a decline in both the median price (-4%) and the number of units sold (-2.5%) on the OBX beaches. It looks like the highs and lows are leveling off and the market is trying to stabilize. In the past 5 years the OBX MLS has been averaging 1,243 sold residential units per year with a high of 1,324 units sold last year and a low of 1,120 units sold in 2009.

When the OBX real estate market was in the process of recovering from the 90's recession, the market saw some years of decline followed by a stabilization period that lasted for 5+- years, before any sign of price increase started to show up. Then the OBX market went through another 5+- years of gradual price increase before we saw the crazy price increases of the 2005 boom. It looks like the market here on the OBX has reached the low plateau before prices start to move up, and it should stay fairly level for some time before we see any noticeable increase in property values. Now, is what is commonly referred to as ' the bottom'. There are some localized areas where the decline is still occurring and then there are areas like Duck, where prices are already going back up.

These sales numbers reflect the residential sales on the Dare & Currituck County beaches. The sales numbers do not included the inland counties serviced by the Outer Banks Association of Realtors. Residential properties include homes, condos and townhouses.

Drive By List of Properties For Sale

The reason that there is so much inventory available on the OBX is because there were a lot of sellers who were waiting for the prices to reach the peak before selling. Once the real estate prices reached the peak in 2005 all of these sellers decided they were ready to sell and have flooded the market. A lot of homes for sale on the Outer Banks are for sale by sellers who don't need to sell and refuse to adjust their price for today's real estate market. In reality they are not for sale.

With enough sellers wanting to sell it means shopping for real estate is a lot easier now than it was in 2005. There are more houses for buyers to choose from which means sellers will have to fix things that they wouldn't fix 2 years ago and buyers can shop for the perfect home without the fear of losing it to someone else. The sellers have to compete for the limited number of buyers.

The difficult part of a real estate transaction used to be getting the financing. Not any more! There is plenty of money being lent to people with good credit but everything has to be just right. Appraisals are getting easier and lender requirements are getting easing up some. For those with the ability to make it happen, now is a good time to start investigating a real estate purchase.

Let us set you up with a map and a list of properties that are for sale and then you can leisurely drive around and see if there is anything that might interest you. It is also a good way to learn the different neighborhoods. After all, the Outer Banks does cover an 80 mile skinny stretch of northeastern NC. Call local 252-441-3416 or toll free 800-647-1868

Plan Your Trip to Meet Your Needs

 

Summer Real Estate Season

Now that the summer tourist season is here it has become harder to look at homes for sale. Vacation beach houses are likely to have renters in them so the only time they are available to see is between 10am and 2pm on checkout day. more

Spring Real Estate Season

Traditionally, spring is the busiest time of the year for real estate sales on the Outer Banks. Spring is also the time to get your foot in the door and have all of the prepaid rental reservation money refunded to you at closing. more

Fall Real Estate Season

In the fall the sellers have collected all of the summer's rental income. There will be no more rental income until next year and no help paying the bills over the winter. This is when a seller is in their best position to make a deal. more

Winter Real Estate Season

Shopping for real estate is fairly easy in the winter. The hotels and motels are all empty all over the OBX so you can come and go as you please. All of the rental houses are vacant so you can look at them without having to worry about vacationers not letting us in. more

Special Offers

HOME WARRANTY

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NEW LISTING NOTIFIER

Receive automatic email updates when new homes come up for sale.

Errors and Omissions Insurance

We have it, does your agent? It is hard to believe some realty companies do not carry Errors & Omissions Insurance. Don't purchase your home or land from an agent who does not have it. This is just one more reason why our clients keep coming back.

1031 REALTY EXCHANGE

Avoid the capital gains tax and the 25% depreciation recapture tax by utilizing the IRS code 1031 Tax Deferred (Starker) Exchange. Swap investment land, condos or homes for any kind of investment property within 6 months. Call Greg at 252-441-3416 for details.

A WORD ABOUT BUYER AGENCY
FREE !

Contrary to what many people think, it DOES NOT COST ANYTHING to have an agent work for you in North Carolina. We get paid by commission from the sale. All of the sellers in the Outer Banks Association of REALTORS MLS have agreed to pay that commission to us, regardless of what company has the property for sale. This is what you can expect:

SELLER INFORMATION

Questions about selling? Don't listen to the doom and gloom stories that are going around. Once you understand how the absorption rate affects sales and see what advertising we provide and where we will put your property on the internet, you will see that now is still a good time for sellers even if you are selling out of state.

Just curious? Sign up to find out Your Home's Value, complimentary of course, or call 252-441-3416 and learn the fair market value of your property.

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