Search Outer Banks MLS real estate

Kill Devil Hills (KDH) Investment Property & Cash Flow Homes

Here we are looking at cash flow real estate investments. The investment homes listed below are located fairly close to the ocean and as a result, they tend to produce higher rental income. Oddly enough, the pricier properties are usually cheaper to own. While all real estate is a good investment, rental homes can generate 5%-8% Gross Rental Performance which goes a long way to contributing towards the carrying costs. If you are not sure where you fit in or you are not sure what your options are, give us a call 800-647-1868 and let us help you figure out the best possible scenario for you.


1237 S Virginia Dare Trail, Kill Devil Bch
Asking: $860,000
Beds-4 Baths-2 SqFt: 1132
Oceanside with deeded access! Until it was purchased in the fall of 2018 it had been a one owner home. When it was purchased, it had just been updated including new pilings, new central MORE
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3201 N Virginia Dare Trail, Orville Beach
Asking: $1,100,000
Beds-4 Baths-2 SqFt: 960
Welcome to Morr To Sea, an enchanting 4-bedroom beach house nestled in the heart of Kill Devil Hills. Recently renovated to exude modern elegance, this snug haven offers a sophisticated MORE
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3311 N Virginia Dare Trail, Orville Beach
Asking: $1,100,000
Beds-4 Baths-2 SqFt: 1288
**Beautiful Kill Devil Hills Oceanfront** High ROI ** Low Expenses** New Decking **$78,200 for 2021 GRI** Roof 2019***Owner now uses the home during Spring and Fall months so there is o MORE
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1919 N Virginia Dare Trail, Croatan Shores
Asking: $1,795,000
Beds-4 Baths-2 SqFt: 1734
Centrally located to everything in the OBX, this gorgeous oceanfront property has sweeping panoramic ocean views and has been entirely updated! This home is completely turnkey with new MORE
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201 S Virginia Dare Trail, Kitty Hawk Shrs
Asking: $2,099,999
Beds-7 Baths-5 SqFt: 3000
7 bedroom rental machine in the heart of the Outer Banks. One of the highest oceanfront lots on the OBX. Great views and lots of space in the home. Memories are made in this home. Hot MORE
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2061 N Virginia Dare Trail, Avalon Beach
Asking: $2,300,000
Beds-4 Baths-5 SqFt: 3296
Welcome to Tanarama II, an exquisite beachfront property nestled in the heart of Kill Devil Hills, on the historic site of the former Tanarama Hotel. This prime location offers the ulti MORE
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2061 N Virginia Dare Trail, Avalon Beach
Asking: $2,300,000
Beds-4 Baths-5 SqFt: 3296
Welcome to Tanarama II, an exquisite beachfront property nestled in the heart of Kill Devil Hills, on the historic site of the former Tanarama Hotel. This prime location offers the ulti MORE
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1205 S Virginia Dare Trail, Kill Devil Hills Sec 1
Asking: $2,613,626
Beds-8 Baths-7 SqFt: 4020
Centrally located in the heart of Kill Devil Hills. “The Remedy” is an 8 Bed 7 Bath oceanfront home offering the perfect blend of relaxation, recreation, and exploration. Eye candy MORE
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1901 S Virginia Dare Trail, H B Cawthorne Estate Lands
Asking: $5,500,000
Beds-15 Baths-16 SqFt: 10208
Four levels and over 10,000 s.f. of carefully designed living space make this home stand out! With 15 bedrooms, plus a bunk suite, nursery, office, media room, theater, game room and 16 MORE
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1627 N Virginia Dare Trail, Croatan Shores
Asking: $7,800,000
Beds-24 Baths-24 SqFt: 11584
Experience the beauty of Aphrodite, a luxurious oceanfront estate with a fresh new look and multiple updates in 2024! This extraordinary home was designed to host large groups with styl MORE
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1627 N Virginia Dare Trail, Croatan Shores
Asking: $7,800,000
Beds-24 Baths-24 SqFt: 11584
Experience the beauty of Aphrodite, a luxurious oceanfront estate with a fresh new look and multiple updates in 2024! This extraordinary home was designed to host large groups with styl MORE
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KDH Investment Homes Sold Recently

The properties below are NOT For Sale. These properties SOLD recently.

2307 N Virginia Dare Trail,
Asking: $699,000
: $707,000 Closing Date: 2/28/2022
Beds-2 Baths-1
This is a classic Outer Banks cottage . . . what you remember from when you were a kid. It still has all of the original knotty pine tongue and groove paneling throughout the house and


2307 N Virginia Dare Trail,
Asking: $734,500
: $734,500 Closing Date: 8/11/2022
Beds-2 Baths-1
It doesnt get much cuter and quaint than this! This classic OBX cottage takes you back to the time before the hustle and bustle. The cottage has all of the original knotty pine tongue


1837 N Virginia Dare Trail, Croatan Shores
Asking: $880,000
: $920,000 Closing Date: 4/30/2021
Beds-4 Baths-3
MAGNIFICENT OCEAN VIEWS from both the top and mid levels of this charming beach house. Renters love this house and after sitting on the covered porch, you will want to make this your ow


1219 S Virginia Dare Trail,
Asking: $925,000
: $900,000 Closing Date: 11/30/2023
Beds-4 Baths-2
Nestled just 50 ft from the sand, this Kill Devil Hills semi-ocean front home is an ideal sanctuary for those who seek the perfect blend of comfort, convenience, and captivating views.


3317 N Virginia Dare Trail, 30’10x11’2
Asking: $1,099,000
: $994,000 Closing Date: 6/27/2023
Beds-4 Baths-2
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 the Atlantic O


1303 S Virginia Dare Trail, Kill Devil Bch
Asking: $1,100,000
: $1,050,000 Closing Date: 3/22/2021
Beds-5 Baths-3
Your chance to own an oceanfront in the heart of the Outer Banks. 50 wide lot is waiting for its next lucky owner. Build your dream home or bring this historical cottage back to its glo


1817 N Virginia Dare Trail,
Asking: $1,150,000
: $1,200,000 Closing Date: 6/16/2023
Beds-4 Baths-2
Welcome to your ocean-front coastal retreat. This quaint cottage is a true escape. The minute you enter the front door you will feel that beach-life relaxation come over you. Nestled


501 S Virginia Dare Trail, None
Asking: $1,475,000
: $1,270,000 Closing Date: 8/6/2021
Beds-8 Baths-3
Rare opportunity to own a piece of the Outer Banks history. According to the sellers, the front cottage named the Ruth Cottage was the boat house for the Lifesaving Station that used t


2021 S Virginia Dare Trail, 434 sf
Asking: $1,499,500
: $1,375,000 Closing Date: 7/7/2022
Beds-4 Baths-1
This historic Outer Banks beach cottage has been lovingly maintained, enjoyed, and restored by a family who appreciates the classic Outer Banks lifestyle and preserving a piece of local


507 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $1,600,000
: $1,530,000 Closing Date: 7/16/2020
Beds-12 Baths-10
If you enter the front door of Boardwalk you are faced with a difficult decision - do you go down to the spacious game room area on the ground level with access to the outdoor area with


1829 N Virginia Dare Trail, Croatan Shores
Asking: $1,649,000
: $1,450,000 Closing Date: 2/27/2024
Beds-4 Baths-3
Classic Oceanfront Cottage on a rare 75ft Wide Lot. Ocean Views! Huge 19,000 square foot lot with a wide and vegetated dune! Step into a piece of history on the shores of the Atlanti


1241 S Virginia Dare Trail,
Asking: $1,669,000
: $1,250,000 Closing Date: 7/11/2022
Beds-6 Baths-5
Large oceanfront home with 6 bedrooms, 5.5 bath, pool, hot tub, boardwalk to beach, multiple levels of decks including roof top deck. Ample parking. Three heat pumps for zoned heating a


2045 N Virginia Dare Trail,
Asking: $1,700,000
: $1,545,000 Closing Date: 9/23/2022
Beds-3 Baths-4
This beautifully updated, 3 bedroom oceanfront home has 2 additional bonus rooms with closets and is nestled in a vegetative beach dune in the heart of Kill Devil Hills. Located just so


1011 N Virginia Dare Trail,
Asking: $1,990,000
: $1,925,000 Closing Date: 12/15/2021
Beds-8 Baths-5
Oceanfront, Vacation Rental Home on a deep road to ocean lot with reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean. Walk straight to the beach on the pri


1013 N Virginia Dare Trail,
Asking: $1,990,000
: $1,925,000 Closing Date: 1/25/2022
Beds-8 Baths-5
Oceanfront, Vacation Rental Home on a deep road to ocean lot with reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean from spacious living room with wall to


1009 N Virginia Dare Trail,
Asking: $1,999,000
: $1,975,000 Closing Date: 1/18/2022
Beds-8 Baths-5
Oceanfront, Vacation Rental Home on a deep road to ocean lot with reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean. Walk straight to the beach on the pri


305 #B N Virginia Dare Trail,
Asking: $2,000,000
: $1,825,000 Closing Date: 3/25/2022
Beds-4 Baths-2
High elevation, 75 foot wide oceanfront lot with 2 existing homes. Opportunity to start new and rebuild a large oceanfront income producing property or renovate/ update existing homes


1015 N Virginia Dare Trail,
Asking: $2,049,000
: $2,025,000 Closing Date: 3/29/2022
Beds-8 Baths-5
Put this OCEANFRONT, Vacation Rental 8 Bedroom home across from Wright Memorial Museum ON YOUR RADAR. This home is located on a deep road to ocean lot providing fantastic ocean views as


1415 N Virginia Dare Trail, None
Asking: $2,460,000
: $2,400,000 Closing Date: 5/18/2021
Beds-14 Baths-12
Many recent updates in this big beautiful 14 bedroom, 12 bathroom home with over 6500 square feet. A very well maintained home, this is a popular rental for large family gatherings. Boo


1011 N Virginia Dare Trail,
Asking: $2,495,000
: $2,400,000 Closing Date: 5/8/2023
Beds-8 Baths-5
Amazing oceanfront property! Panoramic Ocean Views! One of the best oceanfront locations on the Outer Banks. Perfectly situated across from the Wright Brothers National Memorial in K


807 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $2,495,000
: $2,360,000 Closing Date: 10/12/2020
Beds-10 Baths-9
Grande Atlantis features distinct upgrades and exquisite furnishings and is a must-see home! The elevator, theater, saltwater pool, luxurious outdoor living area, game-room and multiple


709 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $2,550,000
: $2,200,000 Closing Date: 2/4/2021
Beds-3 Baths-2
Amazing opportunity on large deep parcel of ocean front land located in the middle of Kill Devil Hills, NC. Zoned in the Ocean Impact Residential district allows for a multitude of use


1003 N Virginia Dare Trail,
Asking: $2,750,000
: $2,658,400 Closing Date: 1/25/2022
Beds-10 Baths-10
OVER $272,000 BOOKED FOR 2021 IN 31 WEEKS AND $279,380 PRE-BOOKED FOR 2022 IN JUST 28 WEEKS! THIS HOUSE WILL DO OVER $280K. Oceanfront estate with ten bedrooms and amenities galore. Ove


1615 N Virginia Dare Trail, Croatan Shores
Asking: $2,795,000
: $2,760,000 Closing Date: 3/29/2021
Beds-11 Baths-10
Immaculate Oceanfront home in the heart of Kill Devil Hills. Just legally permitted as an ELEVEN bedroom home (Feb 2020) the income ceiling of Grand Luxx literally just went up.......


1109 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $2,795,000
: $2,560,000 Closing Date: 7/28/2020
Beds-14 Baths-14
Enjoy this vibrant 14 bedroom seaside retreat with your family and friends! This home has achieved over $338,000 in rental income. Stunning décor and generous rooms allow enough room f


1617 N Virginia Dare Trail, Croatan Shores
Asking: $2,850,000
: $2,850,000 Closing Date: 9/1/2021
Beds-10 Baths-10
10 BR 10.5 baths OCEANFRONT Luxury Property on Millionaires Row in heart of Kill Devil Hills! Over $308,0000 in rent for 2021! Projections for 2022 Over $315,000. Recently updated


703 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $2,995,000
: $2,900,000 Closing Date: 7/23/2021
Beds-13 Baths-12
2021 RENTS WOULD BE OVER $326,000 IF YOU ADD THE JULY 4TH OWNERS WEEK BACK IN AND IF THERE HAD BEEN NO CLOSURE OF THE BRIDGE IN APRIL OF 2020 THE INCOME WOULD HAVE BEEN $297,858. **THE


2025 S Virginia Dare Trail,
Asking: $3,000,000
: $2,850,000 Closing Date: 3/29/2022
Beds-5 Baths-3
This vintage oceanfront cottage tucked into the dunes provides a rare opportunity to own nearly an acre of oceanfront land on a 100-foot wide lot. The value of this property is in the l


1305 S Virginia Dare Trail, Kill Devil Bch
Asking: $3,300,000
: $3,300,000 Closing Date: 4/20/2021
Beds-16 Baths-9
RARE offering -3 adjoining 50 ft ocean front lots with some of the widest beaches on the island and uparalleled ocean views. Own one, two or all 3 of these homesites, located in t


707 S Virginia Dare Trail,
Asking: $3,500,000
: $3,450,000 Closing Date: 2/23/2022
Beds-12 Baths-11
Turtles Nest has it all—enjoy the big house size for large groups AND a very high level of quality and attention to detail! Offered by the original owners, this home has the rental in


1409 N Virginia Dare Trail,
Asking: $3,650,000
: $3,200,000 Closing Date: 10/13/2021
Beds-16 Baths-17
Elegant, grand, splendid, spectacular, amazing, exquisite, perfect, breathtaking, and extravagant are just a handful of words that come to mind when trying to describe this Outer Banks


1903 N Virginia Dare Trail, 22x22
Asking: $3,800,000
: $3,700,000 Closing Date: 6/21/2023
Beds-6 Baths-6
This modern coastal oceanfront retreat will captivate you from the moment you walk in! Newly constructed and fully completed in 2023. The 12 foot wide sliders open up to panoramic 180


705 S Virginia Dare Trail,
Asking: $3,800,000
: $3,400,000 Closing Date: 11/9/2023
Beds-10 Baths-10
It doesn’t get any better than this “LIVING THE DREAM” at this beautiful & luxurious well-appointed 10 bedroom (9 masters) oceanfront estate. ONLY the best amenities provided. D


807 S Virginia Dare Trail,
Asking: $4,295,000
: $4,200,000 Closing Date: 6/17/2022
Beds-12 Baths-11
Beautiful oceanfront home in the OBX. Functional open floorplan that people love, elevator, 12 bedrooms, movie theatre, private pool, 8200sf built in 2005 by Randy Saunders. Wide sandy


905 N Virginia Dare Trail,
Asking: $4,350,000
: $3,975,000 Closing Date: 10/15/2021
Beds-18 Baths-18
Remarkable Income OCEANFRONT Property. This Weekly Rental is the perfect location to to rent out for corporate retreats, family reunions, weddings, or special events. 18 Master Bedro


507 N Virginia Dare Trail, Kitty Hawk Shrs
Asking: $4,595,000
: $4,530,000 Closing Date: 3/22/2024
Beds-12 Baths-10
Kill Devil Hills Oceanfront! Incredible location! Rental machine! Welcome to oceanfront luxury living on the beautiful Outer Banks! This stunning home boasts 12 bedrooms, 10 bathroom


907 N Virginia Dare Trail,
Asking: $5,000,000
: $5,000,000 Closing Date: 10/25/2021
Beds-23 Baths-25


1307 S Virginia Dare Trail,
Asking: $8,088,888
: $7,007,777 Closing Date: 8/28/2023
Beds-28 Baths-28
PICTURES COMING THE FIRST OF THE WEEK! Ocean Splendor is a newly built custom boutique retreat consisting of 28 bedrooms and 28 bathrooms and 3 half baths. The amenities include a mult