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Outer Banks Co-ownership and Time Share Properties

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This list below contains the co-ownership homes currently for sale.
4 bd
3 ba
2554 sq ft
The Chapman-Share 7. Why Consider Fractional Ownership? Fractional ownership allows individuals to own a vacation property for a fraction of the cost. Owners share the benefits of usage rights, income sharing, priority access, and reduced rates. Each share typically entitles the owner to 5 weeks of vacation time, rotating within the four seasons, with a double week that also rotates annually. Owners also share responsibility for the maintenance and upkeep of the property. Costs for improvements, repairs, or replacements are shared among the owners, usually through maintenance fees or assessments handled by a management company. Fractional owners are not required to use all their allotted time themselves. They can allow family members, friends, business associates, or employees to use some of their time. Additionally, they might rent out their remaining time to other owners or third parties who are not owners. This beautiful home with ocean and sound views is a perfect home for the entire family. Newly updated kitchen and spacious family rooms, sun decks to take in the warm sunshine. The location of this home is within walking distance to all of the community amenities Pool, tennis courts, playground, beach access and soundside pier. Ships Watch community is oceanfront to soundfront in the heart of Duck. The town of Duck offers watersport activities, restaurants, shopping and so much more just within walking distance.
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The Little, Share #7. This home is on the oceanside 4 bedroom and 4 Bathroom home in Ships Watch Community! Sun Decks to soak up the sun and enjoy relaxing. The Little Home has an open floor plan with many upgrades, new completely remodeled kitchen, wet bar, new flooring throughout the home, primary master bath remodeled with tile floors and a beautiful new free-standing tub. Why Consider Fractional Ownership? Fractional ownership allows individuals to own a vacation property for a fraction of the cost. Owners share the benefits of usage rights, income sharing, priority access, and reduced rates. Each share typically entitles the owner to 5 weeks of vacation time, rotating within the four seasons, with a double week that also rotates annually. Owners also share responsibility for the maintenance and upkeep of the property. Costs for improvements, repairs, or replacements are shared among the owners, usually through maintenance fees or assessments handled by a management company. Fractional owners are not required to use all their allotted time themselves. They can allow family members, friends, business associates, or employees to use some of their time. Additionally, they might rent out their remaining time to other owners or third parties who are not owners. This beautiful home is a perfect home for the entire family. Beautiful open kitchen and spacious family rooms, sun decks to take in the warm sunshine. The location of this home is within walking distance to all of the community amenities Pool, tennis courts, playground, beach access and soundside pier. Ships Watch community is oceanfront to soundfront in the heart of Duck. The town of Duck offers watersport activities, restaurants, shopping and so much more just within walking distance.
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Introducing the Shabedge, share #10, at Ships Watch - a rare gem of a single-story beach cottage boasting 4 bedrooms and just steps away from the beach! Experience the convenience of single-story living for your entire family and guests. Step out onto the expansive deck or relax in the screened-in porch to soak in the refreshing beach air. This home has been recently updated with a renovated kitchen featuring new countertops, flooring, cabinets, and a stylish backsplash. The king bathroom and queen bathroom have also been beautifully remodeled. Immerse yourself in the renowned beach-town of Duck for 5 weeks a year and experience all the seasons in the beautiful Outer Banks! As a fractional owner at Ships Watch, you'll enjoy 10% ownership of a stunning home and get to use it for 5 weeks each year. The best part? Ownership is deeded and lasts beyond your lifetime! Say goodbye to unexpected expenses, because the monthly HOA dues cover everything from interior and exterior maintenance to utilities, taxes, insurance, and weekly cleanings. And that's not all - community amenities like an Olympic-sized pool with lap lanes and breathtaking sound views, a boardwalk to the beach, a soundfront pier, and tennis courts are all included! Don't miss out on this incredible opportunity to own a piece of paradise in the Outer Banks!
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4 bd
3 ba
Welcome to the POWELL - Share 6. GREAT OPPPORTUNITY! The Powell features a unique floorplan which consists of 3 bedrooms on the middle level, and the kitchen, great room, and primary bedroom all on the top floor. Updates include a new kitchen, primary bathroom, new furniture, and updated flooring throughout. Immerse yourself in the renowned beach-town of Duck for 5 weeks a year and experience all the seasons in the beautiful Outer Banks! As a fractional owner at Ships Watch, you'll enjoy 10% ownership of a stunning home and get to use it for 5 weeks each year. The best part? Ownership is deeded and lasts beyond your lifetime! Say goodbye to unexpected expenses, because the monthly HOA dues cover everything from interior and exterior maintenance to utilities, taxes, insurance, and weekly cleanings. And that's not all - community amenities like an Olympic-sized pool with lap lanes and breathtaking sound views, a boardwalk to the beach, a soundfront pier, and tennis courts are all included! Don't miss out on this incredible opportunity to own a piece of paradise in the Outer Banks!
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Enjoy all inclusive oceanfront living five weeks of every year in this charming Nags Head cottage. The beach and ocean are just out your door. An updated kitchen and flooring make living easy in this well appointed four bedroom home: one bedroom is on the main floor and three are on the upper floor. The large ensuite bedroom on the upper floor has its own private oceanside deck and offers panoramic ocean views. The main living area offers an open floor plan accented by a wet bar, fireplace and opens to an expansive oceanside covered porch. Your HOA fee for your 1/10 ownership covers all taxes, cable and utilities, insurance, weekly cleaning and linen service. Owners may bring their pets and the unit may be rented. An owner's closet is conveniently located in the ground level entry foyer. Owner's weeks rotate forward each year. August 8, 2025 is the next owner week, then February 13, 2026. Owners often trade weeks. This unit is Segment 8. Enjoy oceanfront living for a fraction of the typical cost.
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Welcome to the WYTHERS - Share #9. Beautifully furnished and freshly updated, the Wythers home is just steps from the beach and ready for you and your loved ones to take advantage of coastal living at its finest! The furnishings are tastefully beach inspired and the reverse floorplan allows for beautiful ocean views throughout the open floorplan top floor. The kitchen has been remodeled with new cabinets, LVP flooring, granite counters, and a tile backsplash. Right off the kitchen is a screened in porch to enjoy the fresh ocean air on the premier outdoor furniture. With a king bath remodel, updated wet bar area, and new flooring, the Wythers home offers a clean and fresh getaway right next to the ocean. Immerse yourself in the renowned beach-town of Duck for 5 weeks a year and experience all the seasons in the beautiful Outer Banks! As a fractional owner at Ships Watch, you'll enjoy 10% ownership of a stunning home and get to use it for 5 weeks each year. The best part? Ownership is deeded and lasts beyond your lifetime! Say goodbye to unexpected expenses, because the monthly HOA dues cover everything from interior and exterior maintenance to utilities, taxes, insurance, and weekly cleanings. And that's not all - community amenities like an Olympic-sized pool with lap lanes and breathtaking sound views, a boardwalk to the beach, a soundfront pier, and tennis courts are all included! Don't miss out on this incredible opportunity to own a piece of paradise in the Outer Banks!
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Welcome to the Semi-Oceanfront Merimoth home - Share #5 in the Ships Watch community in Duck! This 5 bedroom home is ideal for large gatherings with an open concept top floor to entertain while taking in the amazing ocean views. The kitchen has been newly updated with LVP flooring, white cabinetry, new countertops, and a coastal backsplash. The top floor also features a wet bar, large dining area, and spacious great room with new furniture and decor. The screened in porch and ample deck space is perfect for taking advantage of the prime semi oceanfront location. On the middle level you will find all 5 bedrooms which include a king room and two queen rooms all with ensuite bathrooms, and two twin rooms with a Jack and Jill set up. Immerse yourself in the renowned beach-town of Duck for 5 weeks a year and experience all the seasons in the beautiful Outer Banks! As a fractional owner at Ships Watch, you'll enjoy 10% ownership of a stunning home and get to use it for 5 weeks each year. The best part? Ownership is deeded and lasts beyond your lifetime! Say goodbye to unexpected expenses, because the monthly HOA dues cover everything from interior and exterior maintenance to utilities, taxes, insurance, and weekly cleanings. And that's not all - community amenities like an Olympic-sized pool with lap lanes and breathtaking sound views, a boardwalk to the beach, a soundfront pier, and tennis courts are all included! Don't miss out on this incredible opportunity to own a piece of paradise in the Outer Banks!
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$99,500
SOLD Price: $90,000
Closing Date 6/13/2025
4 bd
4 ba
Welcome to the COOPER - Share #4. Amazing opportunity with this SEMI-OCEANFRONT home. Panoramic OCEAN VIEWS as well as views of the Duck Research Pier. This home has had the kitchen fully updated, new living room furniture and carpet throughout. The Cooper home also has a bonus room with a queen pull out sofa bed. SHIPS WATCH is an Oceanfront to Soundfront resort community in the heart of Duck. Fractional ownership at Ships Watch is a wonderful way for your family to experience a lifetime of vacationing in the Outer Banks at a fraction of the cost of whole home ownership. Ships Watch fractional owners purchase 10% ownership of the home and get 5 weeks of use each year. Ownership is deeded and goes beyond your lifetime. Weeks shift annually and calendars for the next few years are available. Homes are completely furnished down to beach chairs and an umbrella. The year-round on-site staff takes care of all maintenance and housekeeping. Community amenities include private beach access, pool and hot tub, tennis courts, playground, Soundfront pier, boat ramp, weekly poolside picnics and planned summer activities for all ages. Town of Duck is walking distance and offers great watersport activities, restaurants, shopping and so much more!
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Welcome to the Taylor - Share #9. Beautifully showcasing the Currituck floorplan, this home has cathedral ceilings and a large entertaining area including a wet bar and tons of natural light! The updated kitchen features quartz counters, tile floors, and new cabinetry. The house includes a Ships Watch room to enjoy an extra space within the house for relaxing with family and friends. Plenty of deck space and a screened in porch allow you to embrace the beautiful Outer Banks weather! SHIPS WATCH is an Ocean to Sound resort community located walking distance to Duck which offers great watersport activities, restaurants, shopping and so much more! Ships Watch fractional owners purchase 10% ownership of the home and get 5 weeks of use each year. Ownership is deeded and goes beyond your lifetime. All of this with no worries of unexpected expenses, since the monthly HOA dues cover interior and exterior maintenance, utilities, taxes, insurance, and weekly cleanings. Community amenities such as an olympic sized pool with lap lanes and sound views, boardwalk to the beach, sound front pier, and tennis courts are all included!
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$225,000
SOLD Price: $225,000
Closing Date 6/10/2025
5 bd
4 ba
Welcome to The Wildye - Share #9. Welcome to this absolutely breathtaking oceanfront oasis, boasting stunning panoramic views of the sparkling ocean! This magnificent home is perfect for entertaining, featuring 5 bedrooms and 4 baths on the middle level, while the top floor showcases a kitchen, great room, and dining room strategically positioned to maximize those mesmerizing ocean views all day long. The Wildye also has the added benefit of a top floor den with a sleeper sofa for even more space for guests. The updated kitchen and luxurious furnishings, elevate your beach getaway to a whole new level of opulence. Step out onto the screened porch and indulge in delicious meals while breathing in the salty air and listening to the soothing sounds of the ocean waves. And with the beach just steps away, you simply can't beat the prime location of this stunning home. Recent updates include new living room furniture, dining table, and converting the Queen room to a King. Immerse yourself in the renowned beach-town of Duck for 5 weeks a year and experience all the seasons in the beautiful Outer Banks! As a fractional owner at Ships Watch, you'll enjoy 10% ownership of a stunning home and get to use it for 5 weeks each year. The best part? Ownership is deeded and lasts beyond your lifetime! Say goodbye to unexpected expenses, because the monthly HOA dues cover everything from interior and exterior maintenance to utilities, taxes, insurance, and weekly cleanings. And that's not all - community amenities like an Olympic-sized pool with lap lanes and breathtaking sound views, a boardwalk to the beach, a soundfront pier, and tennis courts are all included! Don't miss out on this incredible opportunity to own a piece of paradise in the Outer Banks!
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Welcome to the Taylor - Share #1. Beautifully showcasing the Currituck floorplan, this home has cathedral ceilings and a large entertaining area including a wet bar and tons of natural light! The updated kitchen features quartz counters, tile floors, and new cabinetry. The house includes a Ships Watch room to enjoy an extra space within the house for relaxing with family and friends. Plenty of deck space and a screened in porch allow you to embrace the beautiful Outer Banks weather! SHIPS WATCH is an Ocean to Sound resort community located walking distance to Duck which offers great watersport activities, restaurants, shopping and so much more! Ships Watch fractional owners purchase 10% ownership of the home and get 5 weeks of use each year. Ownership is deeded and goes beyond your lifetime. All of this with no worries of unexpected expenses, since the monthly HOA dues cover interior and exterior maintenance, utilities, taxes, insurance, and weekly cleanings. Community amenities such as an olympic sized pool with lap lanes and sound views, boardwalk to the beach, sound front pier, and tennis courts are all included!
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4 bd
2 ba
Oceanfront co-ownership. 5 weeks. All on rotating basis. Dues are collected monthly: $434/Month and includes: taxes, association management, common area, electricity, common area water, gas, tennis courts, and use of the dock. The house also pays a fee of $640/year to Wild Duck Dunes HOA for use of the ocean access walkway as well as pier and beach on the sound side. Price includes 1/10 undivided interest in all the improvements and furnishings. HVAC replaced in 2023. First Floor: 3 BR's and a hall bath plus one ensuite bedroom with deck access and renovated master bathroom. Laundry with washer and dryer. Top floor has a great room with stone gas fireplace, wet-bar, access to two sun decks, one facing east, one facing south. Upstairs we also have a kitchen with solid surface counter and dining area which Leads to screened porch.
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These are some of the covenants and bylaws for a some of the co-ownership communities.

Five Seasons co-ownership is ocean front in Nags Head. Each unit has 4 bedrooms and 3 baths. Five Seasons Declaration, Five Seasons Declaration Amended,