Shore Realty Outer Banks Home Sales

Outer Banks Investment Property & Cash Flow Homes

Real estate has always been a good way to diversify your investment portfolio. Typically, an investor would buy an apartment building, shopping center or rental home based on the capitalization rate or the possibility of appreciation in the value of the property. Nothing exciting but still a good solid investment.

Investment real estate done right, is a multi pronged strategy where the investor can leverage their money while earning income with capital appreciation as the end gain. Stocks can vaporize, real estate lasts forever and historically, has seen positive gain spread out over time. Real estate is not a short term investment.

The typical commercial real estate investment requires the investor to own a shopping center, office or apartment building or a rental home where someone is trying to live. Alien property with no intrinsic value other than investment possibilities. If you own a shopping center or apartment building your investment can deteriorate simply by a change in neighborhood traffic patterns. Stores come and go. Owning homes where people are trying to live puts you in the position of playing landlord trying to collect rent and dealing with the inevitable evictions. Solid investments but messy to own and the best you can do is drive by and look at them or shop at one of your tenants establishments.

Here on the Outer Banks, investment real estate has possibilities not available in most areas. Here you can own a vacation rental home that you can enjoy the use of while simultaneously enjoying the investment benefits of the typical real estate investment. By maximizing the rental potential during the summer vacation season, you can realize income and still get to use the house in the off season.

Vacation Rental Homes

Adding a rental home to your investment portfolio comes with benefits not available to other types of investments. Rental homes on the Outer Banks are not like those where you live. A vacation rental home is only rented during the vacation season, so it ends up being empty for most of the year. Vacation renters pay in full before they check in to your house, so they are never behind on the rent. What other type of investments offer you the opportunity to entertain family and friends in the surroundings of your beach house?

Leverage

Use your 20% invest to earn the appreciation on 100% of the cost of the property. Lets look at a $500,000 house as an example. A 20% down payment of $100,000 will enable the investor to leverage a $500,000 asset and over time, let the equity build. You can postpone when you realize the appreciable gain on the entire $500k by waiting until you retire to sell, thereby taking advantage of the lower tax bracket retirement brings and preserving more of your profit.

Financing

If you live a considerable distance from your potential vacation rental home then you might qualify for a second home loan. A 2nd home loan has the combined advantages of a lower interest rate plus a smaller down payment required. An investor loan has a higher interest rate, requires a larger down payment but you can use the proven rental income to help qualify for a loan. So while an investor loan might be more expensive on the front end it might yield higher returns on the back end due to being able to leverage your investment with the rental income.

Positive Cash Flow

The ultimate real estate investment is when the rental income covers all the expenses. If there is profit left over after holding costs then it is called Positive Cash Flow. Instinctively, investors want to buy a house and have the house pay for itelf. This train of thought is encouraged by the endless stream of advertisements claiming positive cash flows for new developments. This is almost always just hype. If a property truly is paying for itself, we would not see many houses come up for sale. Why would an owner get rid of a house that pays for itself?

Due to the overwhelming popularity of the Outer Banks, it is very rare to find a positive cash flow home. Of course, there is always a point where an increased down payment can turn any home into a positive cash flow.

Most of the time, however, the rental income will help cover some or most of the holding costs. Oddly enough, the more expensive a home is, the greater the odds of achieving positive cash flow. This is because the pricier homes are usually located closer to the beach which is popular with renters.

Holding Costs

This is the true untold story for most people when they invest in real estate. It is the savvy investor who knows what to look for (how to find) the not so obvious costs associated with real estate investments. These hidden cost can seriously affect your Potential Gross Income (PGI).

The obvious expenses being utilities, insurance, maintenance, and property taxes. A lot of so called Positive Cash Flow properties don't look so good when you factor in the often overlooked rental commission. To befuddle you even more, some rental companies will charge a lower commission and then charge fees for services not included in the commission but necessary to manage the property. These fees can cover such items as linens, pool maintenance, credit card costsThis can sometimes add an additional 5% to 10% to the stated commission. Once you have a true picture of the holding cost you can look at the Effective Gross Income and how it will help or hurt your situation.

Cash Flow Worksheet

Here are some sample Proformas to help you analyze your available options and see if this is the course you would like to proceed with. If have heard of these proformas by some other name such as Investment Examinations, Investment Analysis or even the classic 'Performa' they all share one thing and that is the same lack of accuracy.

Every effort has been made to provide accurate data but it needs to be stressed that these proformas should only be used as guidelines. If one of these proformas is your guiding light and is convincing you to follow through with this investment, then please take this Proforma to your accountant. None of us here are accountants and we all hire professionals to do our taxes. Everyone's situation is different so please consult with your personal accountant.

Tax Benefits

The mortgage on a 2nd home is written off just like it is on a personal residence. All maintenance and operating costs are also write offs. There might be depreciation and other benefits depending on your personal situation, so the smart move is to consult with your CPA.

Investment Homes For Sale

Below are some 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 a home can generate 10% of the purchase price in annual rental income, then it should get real close to paying for itself.

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.


637 Surf Song Lane, Corolla
List Price: $255,000
Bedrooms-4
Full Baths-2

1034 Mirage Street, Corolla
List Price: $289,900
Bedrooms-3
Full Baths-3

732 E Knot Court, Corolla
List Price: $289,900
Bedrooms-4
Full Baths-3

760 Fishermans Court, Corolla
List Price: $295,000
Bedrooms-4
Full Baths-2

752 W Sandpiper Court, Corolla
List Price: $299,000
Bedrooms-4
Full Baths-2

746 Sand Dollar Court, Corolla
List Price: $309,000
Bedrooms-4
Full Baths-2

765 Lakeview Court, Corolla
List Price: $309,900
Bedrooms-4
Full Baths-2

743 Cormorant Trail, Corolla
List Price: $310,000
Bedrooms-4
Full Baths-2

773 Sunrise Court, Corolla
List Price: $325,000
Bedrooms-4
Full Baths-2

767 Cormorant Trail, Corolla
List Price: $329,900
Bedrooms-5
Full Baths-4

963 Sunset Crescent, Corolla
List Price: $335,000
Bedrooms-4
Full Baths-2

751 Lakeshore Court, Corolla
List Price: $335,000
Bedrooms-4
Full Baths-3

738 Waters Edge, Corolla
List Price: $340,000
Bedrooms-5
Full Baths-3

620 Staysail Crescent, Corolla
List Price: $349,000
Bedrooms-4
Full Baths-2

572 White Whale Way, Corolla
List Price: $349,000
Bedrooms-4
Full Baths-2

759 Lakeshore Court, Corolla
List Price: $349,000
Bedrooms-5
Full Baths-3

758 Gulfstream Court, Corolla
List Price: $349,900
Bedrooms-5
Full Baths-3

757 Sandpiper Court, Corolla
List Price: $359,000
Bedrooms-4
Full Baths-2

759 Lakeview Court, Corolla
List Price: $359,000
Bedrooms-5
Full Baths-3

760 Fish Crow Court, Corolla
List Price: $369,000
Bedrooms-5
Full Baths-4

631 Myrtlewood Court, Corolla
List Price: $369,000
Bedrooms-5
Full Baths-4

741 W Grackle Court, Corolla
List Price: $369,900
Bedrooms-4
Full Baths-2

763 Myrtle Court, Corolla
List Price: $379,000
Bedrooms-6
Full Baths-4

756 W Plover Court, Corolla
List Price: $379,000
Bedrooms-6
Full Baths-4

767 Fishermans Court, Corolla
List Price: $380,000
Bedrooms-4
Full Baths-3

743 E Plover Court, Corolla
List Price: $385,900
Bedrooms-6
Full Baths-4

832 Corolla Drive, Corolla
List Price: $389,900
Bedrooms-4
Full Baths-2

635 Saltspray Court, Corolla
List Price: $399,000
Bedrooms-3
Full Baths-2

621 Staysail Crescent, Corolla
List Price: $399,900
Bedrooms-4
Full Baths-2

635 Staysail Crescent, Corolla
List Price: $399,999
Bedrooms-4
Full Baths-2

735 Mainsail Arch, Corolla
List Price: $405,000
Bedrooms-4
Full Baths-3

612 Schooner Ridge, Corolla
List Price: $414,900
Bedrooms-4
Full Baths-2

544 White Whale Way, Corolla
List Price: $415,000
Bedrooms-4
Full Baths-2

752 Waters Edge, Corolla
List Price: $429,000
Bedrooms-5
Full Baths-4

736 Spinnaker Arch, Corolla
List Price: $430,000
Bedrooms-4
Full Baths-2

1130 Payson Street, Corolla
List Price: $434,300
Bedrooms-4
Full Baths-3

964 Cane Garden Bay Circle, Corolla
List Price: $439,000
Bedrooms-4
Full Baths-3

963 Cane Garden Bay Circle, Corolla
List Price: $445,800
Bedrooms-4
Full Baths-3

605 Saltspray Circle, Corolla
List Price: $448,888
Bedrooms-5
Full Baths-3

758 Lakeview Court, Corolla
List Price: $449,500
Bedrooms-5
Full Baths-5

749 W Willet Court, Corolla
List Price: $450,000
Bedrooms-5
Full Baths-4

748 Sea Horse Court, Corolla
List Price: $459,000
Bedrooms-5
Full Baths-4

646 Ocean Front Arch, Corolla
List Price: $459,900
Bedrooms-5
Full Baths-4

796 Crown Point Circle, Corolla
List Price: $464,000
Bedrooms-5
Full Baths-4

1132 Gray Court, Corolla
List Price: $469,000
Bedrooms-5
Full Baths-3

776 Myrtle Court, Corolla
List Price: $469,000
Bedrooms-6
Full Baths-4

1031 Corolla Drive, Corolla
List Price: $469,000
Bedrooms-7
Full Baths-5

751 Fish Crow Court, Corolla
List Price: $469,999
Bedrooms-7
Full Baths-4

757 Fishermans Court, Corolla
List Price: $474,500
Bedrooms-5
Full Baths-4

1119 Morris Drive, Corolla
List Price: $475,000
Bedrooms-5
Full Baths-4

1126 Morris Drive, Corolla
List Price: $475,000
Bedrooms-6
Full Baths-4

725 Spinnaker Arch, Corolla
List Price: $485,000
Bedrooms-4
Full Baths-3

763 Gulfstream Court, Corolla
List Price: $494,000
Bedrooms-7
Full Baths-6

730 Cormorant Court, Corolla
List Price: $499,000
Bedrooms-6
Full Baths-4

743 Crown Point Circle, Corolla
List Price: $499,000
Bedrooms-6
Full Baths-4

754 Cormorant Trail, Corolla
List Price: $499,000
Bedrooms-7
Full Baths-8

632 Skimmer Court, Corolla
List Price: $499,999
Bedrooms-4
Full Baths-3

628 Staysail Crescent, Corolla
List Price: $500,000
Bedrooms-5
Full Baths-4

1109 Carotank Drive, Corolla
List Price: $509,000
Bedrooms-4
Full Baths-3

785 Kings Grant Drive, Corolla
List Price: $509,000
Bedrooms-6
Full Baths-4

790 Broad Street, Corolla
List Price: $514,000
Bedrooms-4
Full Baths-4

615 Tern Arch, Corolla
List Price: $515,000
Bedrooms-5
Full Baths-3

1163 Franklyn Street, Corolla
List Price: $525,000
Bedrooms-4
Full Baths-3

818 Whalehead Drive, Corolla
List Price: $525,000
Bedrooms-6
Full Baths-5

533 Ocean Trail, Corolla
List Price: $529,000
Bedrooms-5
Full Baths-5

653 Sand Plum Court, Corolla
List Price: $529,000
Bedrooms-6
Full Baths-4

745 E Sandpiper Court, Corolla
List Price: $530,000
Bedrooms-7
Full Baths-5

722 Mainsail Arch, Corolla
List Price: $549,000
Bedrooms-6
Full Baths-4

913 Corolla Drive, Corolla
List Price: $549,000
Bedrooms-6
Full Baths-4

895 Corolla Drive, Corolla
List Price: $549,000
Bedrooms-6
Full Baths-4

1131 Morris Drive, Corolla
List Price: $549,000
Bedrooms-6
Full Baths-5

1147 Baldwin Court, Corolla
List Price: $549,000
Bedrooms-6
Full Baths-5

761 Lakeshore Court, Corolla
List Price: $549,900
Bedrooms-6
Full Baths-5

1275 Windance Lane, Corolla
List Price: $550,000
Bedrooms-5
Full Baths-3

923 Whalehead Drive, Corolla
List Price: $574,900
Bedrooms-5
Full Baths-4

634 Staysail Crescent, Corolla
List Price: $575,000
Bedrooms-4
Full Baths-3

546 Porpoise Point, Corolla
List Price: $575,000
Bedrooms-5
Full Baths-4

1081 Corolla Drive, Corolla
List Price: $579,000
Bedrooms-6
Full Baths-6

1227 Ocean Hill Court, Corolla
List Price: $579,900
Bedrooms-6
Full Baths-4

661 Oleander Court, Corolla
List Price: $584,900
Bedrooms-6
Full Baths-4

1225 Ocean Hill Court, Corolla
List Price: $585,000
Bedrooms-6
Full Baths-4

792 Broad Street, Corolla
List Price: $596,000
Bedrooms-8
Full Baths-6

880 Corolla Drive, Corolla
List Price: $599,000
Bedrooms-5
Full Baths-4

923 Corolla Drive, Corolla
List Price: $599,900
Bedrooms-5
Full Baths-3

1204 Windance Lane, Corolla
List Price: $599,950
Bedrooms-7
Full Baths-6

665 Ocean Lake Trail, Corolla
List Price: $600,000
Bedrooms-6
Full Baths-5

760 Lakeview Court, Corolla
List Price: $609,750
Bedrooms-7
Full Baths-7

962 Whalehead Drive, Corolla
List Price: $625,000
Bedrooms-7
Full Baths-4

987 Whalehead Drive, Corolla
List Price: $629,000
Bedrooms-6
Full Baths-5

646 Surf Song Lane, Corolla
List Price: $649,000
Bedrooms-5
Full Baths-4

861 Whalehead Drive, Corolla
List Price: $649,000
Bedrooms-6
Full Baths-5

1126 Payson Street, Corolla
List Price: $659,000
Bedrooms-5
Full Baths-3

610 Skimmer Arch, Corolla
List Price: $659,000
Bedrooms-5
Full Baths-5

1060 Beacon Hill Drive, Corolla
List Price: $659,000
Bedrooms-6
Full Baths-6

1252 Stillwind Court, Corolla
List Price: $669,000
Bedrooms-6
Full Baths-5

858 Whalehead Drive, Corolla
List Price: $670,000
Bedrooms-8
Full Baths-6

639 Pampas Court, Corolla
List Price: $675,000
Bedrooms-6
Full Baths-6

1040 Lighthouse Drive, Corolla
List Price: $684,900
Bedrooms-4
Full Baths-3

964 Lighthouse Drive, Corolla
List Price: $689,000
Bedrooms-5
Full Baths-4

536 Breakers Arch, Corolla
List Price: $689,000
Bedrooms-5
Full Baths-4

1256 Homeport Court, Corolla
List Price: $689,900
Bedrooms-7
Full Baths-5

1103 Strong Court, Corolla
List Price: $690,000
Bedrooms-6
Full Baths-4

1212 Ionian Lane, Corolla
List Price: $699,000
Bedrooms-5
Full Baths-5

445 Myrtle Pond Road, Corolla
List Price: $699,000
Bedrooms-6
Full Baths-4

600 Skimmer Arch, Corolla
List Price: $699,000
Bedrooms-6
Full Baths-5

1136 Franklyn Street, Corolla
List Price: $730,000
Bedrooms-5
Full Baths-3

840 Whalehead Drive, Corolla
List Price: $735,000
Bedrooms-6
Full Baths-5

966 Whalehead Drive, Corolla
List Price: $735,000
Bedrooms-8
Full Baths-8

1276 Sandcastle Drive, Corolla
List Price: $739,000
Bedrooms-7
Full Baths-5

727 Spinnaker Arch, Corolla
List Price: $749,000
Bedrooms-6
Full Baths-5

651 Pampas Court, Corolla
List Price: $749,900
Bedrooms-5
Full Baths-5

472 Island Lead Road, Corolla
List Price: $750,000
Bedrooms-8
Full Baths-7

559 Porpoise Point, Corolla
List Price: $763,330
Bedrooms-4
Full Baths-3

1100 Franklyn Street, Corolla
List Price: $775,000
Bedrooms-5
Full Baths-4

1244 Atlantic Avenue, Corolla
List Price: $779,000
Bedrooms-5
Full Baths-4

864 Lighthouse Drive, Corolla
List Price: $779,900
Bedrooms-7
Full Baths-6

1248 Atlantic Avenue, Corolla
List Price: $785,000
Bedrooms-6
Full Baths-5

892 Lighthouse Drive, Corolla
List Price: $785,000
Bedrooms-7
Full Baths-6

1304 Sandcastle Drive, Corolla
List Price: $795,000
Bedrooms-6
Full Baths-6

894 Lighthouse Drive, Corolla
List Price: $799,000
Bedrooms-4
Full Baths-3

1092 Whalehead Drive, Corolla
List Price: $799,000
Bedrooms-7
Full Baths-5

604 Skimmer Arch, Corolla
List Price: $799,000
Bedrooms-7
Full Baths-6

994 Whalehead Drive, Corolla
List Price: $820,000
Bedrooms-6
Full Baths-5

563 Porpoise Point, Corolla
List Price: $823,600
Bedrooms-6
Full Baths-4

1292 Sandcastle Drive, Corolla
List Price: $825,000
Bedrooms-6
Full Baths-5

936 Lighthouse Drive, Corolla
List Price: $849,500
Bedrooms-7
Full Baths-7

1274 Sandcastle Drive, Corolla
List Price: $855,000
Bedrooms-5
Full Baths-5

444 Myrtle Pond Road, Corolla
List Price: $865,000
Bedrooms-9
Full Baths-8

870 Lighthouse Drive, Corolla
List Price: $875,000
Bedrooms-6
Full Baths-5

824 Lighthouse Drive, Corolla
List Price: $879,000
Bedrooms-6
Full Baths-6

1063 Whalehead Drive, Corolla
List Price: $879,000
Bedrooms-9
Full Baths-7

1310 High Dune Loop, Corolla
List Price: $885,000
Bedrooms-7
Full Baths-6

790 Columbia Road, Corolla
List Price: $889,000
Bedrooms-4
Full Baths-4

454 Pipsi Point Road, Corolla
List Price: $899,000
Bedrooms-5
Full Baths-4

902 Lighthouse Drive, Corolla
List Price: $899,900
Bedrooms-6
Full Baths-4

709 Mainsail Arch, Corolla
List Price: $925,000
Bedrooms-6
Full Baths-4

762 Voyager Road, Corolla
List Price: $943,000
Bedrooms-5
Full Baths-6

995 Corolla Drive, Corolla
List Price: $949,000
Bedrooms-9
Full Baths-8

1189 Franklyn Street, Corolla
List Price: $953,000
Bedrooms-5
Full Baths-5

619 Wave Arch, Corolla
List Price: $969,000
Bedrooms-8
Full Baths-8

1084 Lighthouse Drive, Corolla
List Price: $974,000
Bedrooms-7
Full Baths-7

879 Whalehead Drive, Corolla
List Price: $995,000
Bedrooms-6
Full Baths-5

432 Sprig Point, Corolla
List Price: $999,000
Bedrooms-6
Full Baths-5

502 Sandbucket Arch, Corolla
List Price: $1,049,900
Bedrooms-4
Full Baths-2

240 Longfellow Cove, Corolla
List Price: $1,099,000
Bedrooms-5
Full Baths-4

475 Spindrift Trail, Corolla
List Price: $1,099,000
Bedrooms-9
Full Baths-9

1287 Sandcastle Drive, Corolla
List Price: $1,100,000
Bedrooms-6
Full Baths-5

1213 Atlantic Avenue, Corolla
List Price: $1,125,000
Bedrooms-4
Full Baths-3

703 Spinnaker Arch, Corolla
List Price: $1,149,000
Bedrooms-6
Full Baths-3

413-A Deep Neck Road, Corolla
List Price: $1,149,000
Bedrooms-6
Full Baths-5

1117 Franklyn Street, Corolla
List Price: $1,150,000
Bedrooms-5
Full Baths-6

1120 Karens Way, Corolla
List Price: $1,190,000
Bedrooms-8
Full Baths-6

887 Whalehead Drive, Corolla
List Price: $1,199,900
Bedrooms-10
Full Baths-10

713 Crown Point Circle, Corolla
List Price: $1,229,500
Bedrooms-6
Full Baths-5

1305 Sandcastle Drive, Corolla
List Price: $1,250,000
Bedrooms-6
Full Baths-5

471 Yaupon Lane, Corolla
List Price: $1,250,000
Bedrooms-8
Full Baths-8

1225 Atlantic Avenue, Corolla
List Price: $1,275,000
Bedrooms-5
Full Baths-4

958 Lighthouse Drive, Corolla
List Price: $1,350,000
Bedrooms-9
Full Baths-8

1100 Morris Drive, Corolla
List Price: $1,380,000
Bedrooms-6
Full Baths-6

443 North Cove Road, Corolla
List Price: $1,395,000
Bedrooms-5
Full Baths-4

190 Hicks Bay Lane, Corolla
List Price: $1,395,000
Bedrooms-6
Full Baths-6

700 Spinnaker Arch, Corolla
List Price: $1,485,000
Bedrooms-7
Full Baths-6

569 Porpoise Point, Corolla
List Price: $1,499,000
Bedrooms-8
Full Baths-8

1273 Sandcastle Drive, Corolla
List Price: $1,500,000
Bedrooms-8
Full Baths-8

1219 Atlantic Avenue, Corolla
List Price: $1,549,000
Bedrooms-7
Full Baths-6

511 Breakers Arch, Corolla
List Price: $1,550,000
Bedrooms-11
Full Baths-11

277 Whites Point, Corolla
List Price: $1,595,000
Bedrooms-5
Full Baths-5

751 Voyager Road, Corolla
List Price: $1,595,000
Bedrooms-6
Full Baths-5

415 Deep Neck Road, Corolla
List Price: $1,675,000
Bedrooms-5
Full Baths-5

505 Conch Crescent, Corolla
List Price: $1,695,000
Bedrooms-8
Full Baths-8

773 Voyager Road, Corolla
List Price: $1,699,000
Bedrooms-6
Full Baths-5

373 Deep Neck Road, Corolla
List Price: $1,700,000
Bedrooms-6
Full Baths-6

1029 Lighthouse Drive, Corolla
List Price: $1,750,000
Bedrooms-6
Full Baths-6

777 Voyager Road, Corolla
List Price: $1,799,000
Bedrooms-7
Full Baths-6

512 Breakers Arch, Corolla
List Price: $1,799,000
Bedrooms-10
Full Baths-10

985 Lighthouse Drive, Corolla
List Price: $1,899,000
Bedrooms-6
Full Baths-5

153 Salt House Road, Corolla
List Price: $1,975,000
Bedrooms-6
Full Baths-5

139 Salt House Road, Corolla
List Price: $1,999,000
Bedrooms-7
Full Baths-6

375 Deep Neck Road, Corolla
List Price: $2,095,000
Bedrooms-8
Full Baths-7

983 Lighthouse Drive, Corolla
List Price: $2,150,000
Bedrooms-7
Full Baths-6

111 Cadwall Road, Corolla
List Price: $2,199,999
Bedrooms-8
Full Baths-8

109 Cadwall Road, Corolla
List Price: $2,199,999
Bedrooms-9
Full Baths-8

207 Hicks Bay Lane, Corolla
List Price: $2,275,000
Bedrooms-7
Full Baths-6

121 Salt House Road, Corolla
List Price: $2,375,000
Bedrooms-9
Full Baths-9

863 Lighthouse Drive, Corolla
List Price: $2,400,000
Bedrooms-11
Full Baths-9

1071 Lighthouse Drive, Corolla
List Price: $2,450,000
Bedrooms-8
Full Baths-8

944 Lighthouse Drive, Corolla
List Price: $2,479,000
Bedrooms-11
Full Baths-11

421 Deep Neck Road, Corolla
List Price: $2,499,000
Bedrooms-9
Full Baths-8

1221 Atlantic Avenue, Corolla
List Price: $2,649,000
Bedrooms-10
Full Baths-9

867 Lighthouse Drive, Corolla
List Price: $2,690,000
Bedrooms-9
Full Baths-9

853 Lighthouse Drive, Corolla
List Price: $2,699,999
Bedrooms-12
Full Baths-14

475 Land Fall Court, Corolla
List Price: $2,890,000
Bedrooms-8
Full Baths-7

1309 Sandcastle Drive, Corolla
List Price: $2,975,000
Bedrooms-8
Full Baths-7

859 Lighthouse Drive, Corolla
List Price: $3,400,000
Bedrooms-10
Full Baths-10

931 Lighthouse Drive, Corolla
List Price: $3,400,000
Bedrooms-12
Full Baths-13

297 Longfellow Cove, Corolla
List Price: $3,495,000
Bedrooms-9
Full Baths-9

211 Hicks Bay Lane, Corolla
List Price: $3,950,000
Bedrooms-9
Full Baths-10

107 Skimmer Way, Duck
List Price: $399,900
Bedrooms-5
Full Baths-4

127 Oyster Catcher Lane, Duck
List Price: $409,000
Bedrooms-4
Full Baths-2

119 Ocean Bay Boulevard, Duck
List Price: $413,900
Bedrooms-4
Full Baths-2

138 Christopher Drive, Duck
List Price: $419,000
Bedrooms-3
Full Baths-2

124 Marlin Drive, Duck
List Price: $425,000
Bedrooms-4
Full Baths-2

107 Sprigtail Drive, Duck
List Price: $439,900
Bedrooms-4
Full Baths-2

112 S Snow Geese Drive, Duck
List Price: $450,000
Bedrooms-4
Full Baths-2

103 Seabreeze Drive, Duck
List Price: $459,000
Bedrooms-4
Full Baths-2

177 Teresa Court, Duck
List Price: $459,900
Bedrooms-5
Full Baths-3

103 Sandy Ridge Road, Duck
List Price: $464,900
Bedrooms-4
Full Baths-2

126 S Snow Geese Drive, Duck
List Price: $469,000
Bedrooms-3
Full Baths-2

102 Old Squaw Drive, Duck
List Price: $475,000
Bedrooms-4
Full Baths-3

1311 Duck Road, Duck
List Price: $479,900
Bedrooms-6
Full Baths-5

101 Skimmer Way, Duck
List Price: $499,000
Bedrooms-4
Full Baths-4

137 Quarterdeck Drive, Duck
List Price: $499,000
Bedrooms-5
Full Baths-3

142 Rakiock Court, Duck
List Price: $499,000
Bedrooms-5
Full Baths-3

122 Spyglass Road, Duck
List Price: $499,500
Bedrooms-4
Full Baths-4

106 Canvasback Drive, Duck
List Price: $509,000
Bedrooms-6
Full Baths-4

100 Flight Drive, Duck
List Price: $524,900
Bedrooms-6
Full Baths-4

185 Schooner Ridge Drive, Duck
List Price: $525,000
Bedrooms-3
Full Baths-3

106 Schooner Ridge Drive, Duck
List Price: $529,000
Bedrooms-5
Full Baths-4

119 Vireo Way, Duck
List Price: $549,000
Bedrooms-4
Full Baths-3

195 Ocean Front Drive, Duck
List Price: $549,900
Bedrooms-4
Full Baths-3

101 E Sea Tern Drive, Duck
List Price: $549,900
Bedrooms-6
Full Baths-5

127 E Sea Hawk Drive, Duck
List Price: $589,000
Bedrooms-5
Full Baths-4

1367 Duck Road, Duck
List Price: $589,000
Bedrooms-6
Full Baths-4

101 Spyglass Road, Duck
List Price: $595,000
Bedrooms-5
Full Baths-4

149 Plover Drive, Duck
List Price: $599,000
Bedrooms-5
Full Baths-3

99 Wood Duck Drive, Duck
List Price: $599,900
Bedrooms-7
Full Baths-4

106 E Bias Lane, Duck
List Price: $599,900
Bedrooms-7
Full Baths-7

172 Schooner Ridge Drive, Duck
List Price: $615,000
Bedrooms-4
Full Baths-3

108 Sandy Ridge Road, Duck
List Price: $620,000
Bedrooms-4
Full Baths-2

100 Hatchcover Court, Duck
List Price: $630,000
Bedrooms-6
Full Baths-6

103 Yolanda Terrace, Duck
List Price: $649,000
Bedrooms-5
Full Baths-5

104 Widgeon Drive, Duck
List Price: $649,000
Bedrooms-6
Full Baths-5

153 Plover Drive, Duck
List Price: $659,000
Bedrooms-5
Full Baths-3

132 Sea Eider Court, Duck
List Price: $662,000
Bedrooms-5
Full Baths-4

102 Turnbuckle Court, Duck
List Price: $669,000
Bedrooms-6
Full Baths-6

143 Four Seasons Lane, Duck
List Price: $675,000
Bedrooms-6
Full Baths-6

106 Beachcomber Court, Duck
List Price: $685,000
Bedrooms-5
Full Baths-4

105 Spyglass Road, Duck
List Price: $695,000
Bedrooms-5
Full Baths-6

105 Station Bay Drive, Duck
List Price: $699,000
Bedrooms-4
Full Baths-3

110 Beachcomber Court, Duck
List Price: $699,000
Bedrooms-7
Full Baths-7

110 Four Seasons Lane, Duck
List Price: $709,000
Bedrooms-6
Full Baths-5

145 Scarborough Lane, Duck
List Price: $719,000
Bedrooms-6
Full Baths-6

122 Duck Landing Lane, Duck
List Price: $729,000
Bedrooms-6
Full Baths-6

162 Schooner Ridge Drive, Duck
List Price: $749,000
Bedrooms-4
Full Baths-3

111 Halyard Court, Duck
List Price: $775,000
Bedrooms-5
Full Baths-4

125 E Charles Jenkins Lane, Duck
List Price: $779,000
Bedrooms-6
Full Baths-6

106 Halyard Court, Duck
List Price: $799,000
Bedrooms-6
Full Baths-6

125 Four Seasons Lane, Duck
List Price: $799,000
Bedrooms-6
Full Baths-6

117 Four Seasons Lane, Duck
List Price: $799,900
Bedrooms-8
Full Baths-8

103 Duck Ridge Village Court, Duck
List Price: $810,000
Bedrooms-5
Full Baths-5

105 Duck Ridge Village Court, Duck
List Price: $839,000
Bedrooms-6
Full Baths-6

137 Cook Drive, Duck
List Price: $849,000
Bedrooms-6
Full Baths-6

101 Duck Landing Lane, Duck
List Price: $850,000
Bedrooms-6
Full Baths-5

132 Skimmer Way, Duck
List Price: $899,500
Bedrooms-5
Full Baths-3

116 Vivian Court, Duck
List Price: $899,900
Bedrooms-6
Full Baths-5

126 Buffell Head Road, Duck
List Price: $899,999
Bedrooms-5
Full Baths-5

129 Duck Landing Lane, Duck
List Price: $925,000
Bedrooms-8
Full Baths-6

115 Speckle Trout Drive, Duck
List Price: $960,000
Bedrooms-4
Full Baths-3

123 Buffell Head Road, Duck
List Price: $980,000
Bedrooms-4
Full Baths-4

114 Pelican Way, Duck
List Price: $995,000
Bedrooms-4
Full Baths-3

112 Pelican Way, Duck
List Price: $999,000
Bedrooms-4
Full Baths-2

141 Scarborough Lane, Duck
List Price: $999,000
Bedrooms-6
Full Baths-6

149 Four Seasons Lane, Duck
List Price: $1,039,000
Bedrooms-8
Full Baths-7

118 B Gifford Circle, Duck
List Price: $1,049,000
Bedrooms-5
Full Baths-4

130 Four Seasons Lane, Duck
List Price: $1,095,000
Bedrooms-8
Full Baths-6

150 Scarborough Lane, Duck
List Price: $1,099,000
Bedrooms-6
Full Baths-6

166 Ocean Way, Duck
List Price: $1,190,000
Bedrooms-5
Full Baths-3

127 Spindrift Lane, Duck
List Price: $1,199,000
Bedrooms-5
Full Baths-3

153 Buffell Head Road, Duck
List Price: $1,199,000
Bedrooms-5
Full Baths-4

128 Waxwing Lane, Duck
List Price: $1,199,000
Bedrooms-6
Full Baths-5

134 Skimmer Way, Duck
List Price: $1,219,900
Bedrooms-4
Full Baths-3

155 Schooner Ridge Drive, Duck
List Price: $1,249,000
Bedrooms-5
Full Baths-4

184 Ocean Way Court, Duck
List Price: $1,350,000
Bedrooms-4
Full Baths-3

166 Plover Drive, Duck
List Price: $1,350,000
Bedrooms-5
Full Baths-6

165 Mantoac Court, Duck
List Price: $1,355,000
Bedrooms-4
Full Baths-4

148 Olde Duck Road, Duck
List Price: $1,399,000
Bedrooms-6
Full Baths-5

135 Spindrift Lane, Duck
List Price: $1,495,000
Bedrooms-5
Full Baths-4

122 Blue Heron Lane, Duck
List Price: $1,499,000
Bedrooms-5
Full Baths-4

136 N Snow Geese Drive, Duck
List Price: $1,895,000
Bedrooms-5
Full Baths-5

101 Buffell Head Road, Duck
List Price: $2,199,000
Bedrooms-6
Full Baths-6

109 Buffell Head Road, Duck
List Price: $2,250,000
Bedrooms-7
Full Baths-7

150 Duck Landing Lane, Duck
List Price: $2,350,000
Bedrooms-8
Full Baths-9

122 Carrol Drive, Duck
List Price: $2,399,000
Bedrooms-6
Full Baths-5

119 Sea Tern Drive, Duck
List Price: $2,489,500
Bedrooms-8
Full Baths-8

140 Sea Eider Court, Duck
List Price: $2,495,000
Bedrooms-9
Full Baths-8

147 Marlin Court, Duck
List Price: $2,925,000
Bedrooms-7
Full Baths-7

114 S Baum Trail, Duck
List Price: $3,250,000
Bedrooms-5
Full Baths-5

110 Baum Trail, Duck
List Price: $4,395,000
Bedrooms-8
Full Baths-10

1237A S Virginia Dare Trail, Kill Devil Hills
List Price: $359,900
Bedrooms-4
Full Baths-2

1903 N Virginia Dare Trail, Kill Devil Hills
List Price: $698,500
Bedrooms-4
Full Baths-2

2017 N Virginia Dare Trail, Kill Devil Hills
List Price: $839,000
Bedrooms-4
Full Baths-3

1303 S Virginia Dare Trail, Kill Devil Hills
List Price: $1,049,000
Bedrooms-5
Full Baths-3

1207 S Virginia Dare Trail, Kill Devil Hills
List Price: $1,175,000
Bedrooms-5
Full Baths-1

2029 S Virginia Dare Trail, Kill Devil Hills
List Price: $1,175,000
Bedrooms-6
Full Baths-6

807 N Virginia Dare Trail, Kill Devil Hills
List Price: $2,595,000
Bedrooms-10
Full Baths-9

1617 N Virginia Dare Trail, Kill Devil Hills
List Price: $2,695,000
Bedrooms-10
Full Baths-10

1615 N Virginia Dare Trail, Kill Devil Hills
List Price: $2,795,000
Bedrooms-10
Full Baths-10

4707 S Virginia Dare Trail, Nags Head
List Price: $399,000
Bedrooms-4
Full Baths-2

6108 E Baymeadow Drive, Nags Head
List Price: $464,000
Bedrooms-5
Full Baths-3

2401 S Virginia Dare Trail, Nags Head
List Price: $599,000
Bedrooms-5
Full Baths-3

9525 S Old Oregon Inlet Road, Nags Head
List Price: $849,000
Bedrooms-4
Full Baths-3

2809 S Virginia Dare Trail, Nags Head
List Price: $849,999
Bedrooms-4
Full Baths-2

4507 S Virginia Dare Trail, Nags Head
List Price: $899,000
Bedrooms-5
Full Baths-3

3401 S Virginia Dare Trail, Nags Head
List Price: $934,900
Bedrooms-7
Full Baths-5

3411 S Virginia Dare Trail, Nags Head
List Price: $1,049,000
Bedrooms-6
Full Baths-4

3915 S Virginia Dare Trail, Nags Head
List Price: $1,119,500
Bedrooms-5
Full Baths-4

104 E Sandcastle Court, Nags Head
List Price: $1,195,000
Bedrooms-6
Full Baths-4

3013 S Virginia Dare Trail, Nags Head
List Price: $1,199,900
Bedrooms-6
Full Baths-4

2123 S Virginia Dare Trail, Nags Head
List Price: $1,313,000
Bedrooms-8
Full Baths-6

4937 S Virginia Dare Trail, Nags Head
List Price: $1,350,000
Bedrooms-7
Full Baths-4

5009 S Virginia Dare Trail, Nags Head
List Price: $1,399,000
Bedrooms-5
Full Baths-4

2701 S Virginia Dare Trail, Nags Head
List Price: $1,549,000
Bedrooms-8
Full Baths-7

5005 S Virginia Dare Trail, Nags Head
List Price: $1,599,000
Bedrooms-8
Full Baths-6

4721 S Virginia Dare Trail, Nags Head
List Price: $1,649,000
Bedrooms-7
Full Baths-5

106 E Sandcastle Court, Nags Head
List Price: $1,650,000
Bedrooms-7
Full Baths-4

111 Sea Holly Court, Nags Head
List Price: $1,695,000
Bedrooms-6
Full Baths-4

3511 S Virginia Dare Trail, Nags Head
List Price: $1,695,000
Bedrooms-10
Full Baths-8

5111 S Virginia Dare Trail, Nags Head
List Price: $1,699,900
Bedrooms-5
Full Baths-4

2233 S Virginia Dare Trail, Nags Head
List Price: $1,795,000
Bedrooms-8
Full Baths-7

2403 S Oneto Lane, Nags Head
List Price: $1,895,000
Bedrooms-8
Full Baths-8

2415 S Virginia Dare Trail, Nags Head
List Price: $2,699,000
Bedrooms-8
Full Baths-8

6407 S Virginia Dare Trail, Nags Head
List Price: $2,995,000
Bedrooms-9
Full Baths-10

12 Third Avenue, Southern Shores
List Price: $459,000
Bedrooms-5
Full Baths-3

25 Eleventh Avenue, Southern Shores
List Price: $479,000
Bedrooms-4
Full Baths-3

41 Circle Drive, Southern Shores
List Price: $485,000
Bedrooms-4
Full Baths-3

156 Ocean Boulevard, Southern Shores
List Price: $549,000
Bedrooms-4
Full Baths-3

7 Twelfth Avenue, Southern Shores
List Price: $549,000
Bedrooms-4
Full Baths-3

17 Second Avenue, Southern Shores
List Price: $749,000
Bedrooms-5
Full Baths-4

248 Ocean Boulevard, Southern Shores
List Price: $779,500
Bedrooms-5
Full Baths-4

152 Duck Road, Southern Shores
List Price: $795,000
Bedrooms-7
Full Baths-7

8 Yellowfin Lane, Southern Shores
List Price: $825,000
Bedrooms-5
Full Baths-2

5 Fifth Avenue, Southern Shores
List Price: $889,000
Bedrooms-5
Full Baths-4

12 Thirteenth Avenue, Southern Shores
List Price: $994,000
Bedrooms-7
Full Baths-7

1 Tenth Avenue, Southern Shores
List Price: $1,000,000
Bedrooms-4
Full Baths-3

189 Ocean Boulevard, Southern Shores
List Price: $1,250,000
Bedrooms-9
Full Baths-9

5 Tenth Avenue, Southern Shores
List Price: $1,275,000
Bedrooms-7
Full Baths-5

180 Ocean Boulevard, Southern Shores
List Price: $1,682,000
Bedrooms-7
Full Baths-5

46 Ocean Boulevard, Southern Shores
List Price: $2,350,000
Bedrooms-7
Full Baths-7

228 Ocean Boulevard, Southern Shores
List Price: $2,999,000
Bedrooms-7
Full Baths-7

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