Holding Costs: What it Actually Costs to "Carry" an OBX Investment

Experience refined oceanfront living in this exceptional 4-bedroom, 3.5-bath home in Ocean Sands, perfectly positioned between Duck and Corolla. Captivating ocean views, private beach access, and extensive updates combine modern luxury with classic Outer Banks charm. The open-concept top level showcases cathedral ceilings, expansive windows, and a gas fireplace surrounded by natural light and a panoramic coastal view. The dining area seats 11, and the beautifully renovated kitchen features stainless steel appliances, granite countertops, and generous prep and storage space—ideal for entertaining with a view. Two oceanfront en-suite bedrooms on the first level each offer private deck access—one with a spa-inspired custom-tiled rain shower, the other with an elegant glass-enclosed tiled shower. This level also includes a queen bedroom, a twin bedroom, a full hall bath, and a convenient laundry area. A versatile loft adds additional sleeping accommodations with three single beds. Outdoor living is elevated with a gated private pool, hot tub, two covered gazebos, poolside bar areas, deck swings, outdoor showers, and a foot wash station—perfect for unwinding in complete coastal privacy. Recent enhancements include a full kitchen renovation, new top-floor deck and siding (2024), new pool heater (2025), refrigerator (2021), LVT flooring (2021), remodeled bathrooms, new roof (2019), gas fireplace (2019), and upgraded outdoor furniture (2021). With strong rental potential, turn-key condition, and prime oceanfront location, this home offers a rare opportunity to own a piece of the luxury Outer Banks lifestyle. Up to 1% closing cost assistance with preferred lender.

$121k Gross Rental Income for 2026 to date! Welcome to Herbie’s, your classic OCEANFRONT beach cottage in the heart of Kill Devil Hills. This 4-BEDROOM, 2-BATH coastal retreat offers sweeping, unobstructed ocean views and the timeless charm of an Outer Banks getaway, all just steps from the sand. Wake up to the sound of the waves and enjoy breathtaking ocean views from many rooms throughout the home. Spend your mornings on the screened porch enjoying the ocean breeze, or soak up the sunshine from the spacious sun deck that wraps from the back to the side of the home. Inside, the home features a classic and functional beach cottage layout designed with comfort and gathering in mind. The open living area and kitchen are centrally located, both positioned to take advantage of the ocean views. Durable tile flooring throughout the main living space makes beach living easy after long days in the sand and surf. The layout offers excellent functionality for families and guests alike. The spacious king bedroom features a private ensuite bath with a tiled shower, while the remaining 3 bedrooms share a second full bath with a tub. Sleeping arrangements include a king bedroom, 2 queen bedrooms, and a bunk room, providing plenty of space for family and friends. The septic permit is for 3 bedrooms; however, the home has long functioned as a TRUE 4-BEDROOM, 2-BATH property. Herbie’s underwent an extensive renovation in 2013 when the owners took the home DOWN TO THE STUDS. Major improvements included new electrical, plumbing, HVAC, windows, doors, roof, kitchen, bathrooms, flooring, and more, blending classic beach cottage character with updated systems and finishes. The septic system was replaced in 2025. Centrally located in Kill Devil Hills, Herbie’s places you close to some of the Outer Banks’ favorite local spots. Grab your morning coffee from Ashley’s Espresso Parlour, treat yourself at Mom’s Sweet Shop, or easily explore nearby restaurants, shopping, and attractions. The convenient central location offers easy access to all the best of the Outer Banks while still enjoying the privacy and beauty of oceanfront living. Herbie’s has also proven itself as a STRONG RENTAL PERFORMER. After joining a new rental program in January 2025, the property generated OVER $100,000 IN GROSS RENTAL INCOME during its first year, even with owners reserving personal use time. Approximately $117,000 is on the books for 2026 with bookings continuing to come in. For additional rental information, reviews, and booking details, visit the rental website here: https://www.airbnb.com/rooms/1316054910352994841?unique_share_id=838f619a-0c11-462a-8425-6fdaddeedfb2&viralityEntryPoint=1&s=76&source_impression_id=p3_1779963015_P3xgkcbHdYKrSYD3 From its stunning ocean views and thoughtful layout to its strong rental history and unbeatable location, Herbie’s captures the essence of classic Outer Banks oceanfront living. AVAILABLE TO SHOW During Turnover on 9/20-9/22, 9/26, 9/26-10/4, 10/8, 10/11, 10/15-10/16

Welcome to your oceanfront opportunity in the heart of Nags Head! This spacious 8-bedroom, 5.5-bathroom coastal home sits on prime oceanfront real estate with incredible potential for the savvy buyer. The top floor features an open-concept design that showcases spectacular ocean views, creating an impressive space for entertaining and relaxation. Generating $178,305 in owner gross rents in 2025, this property shows strong income potential! This well-maintained property features solid bones with room for your personal touches. Step inside to unobstructed ocean views and the thoughtfully designed open-concept layout perfect for vacation rentals. The top-level living room offers comfortable space to relax, while the kitchen boasts granite countertops and stainless appliances with ample dining options including breakfast nook overlooking the ocean, formal dining, and bar seating. The mid-level deck features a hot tub overlooking the pool and protective dune - perfect for unwinding. Spacious bedrooms and smart layout create the ultimate vacation experience. The lower level game room with wet bar provides easy access to the pool and beach walkover. Recent major improvements include a new roof (2021), new pool heater (2022), fresh interior paint and most bedding, updated flooring throughout most of the home, and living room windows. Most windows and siding are original, offering an excellent opportunity to update and personalize to your taste. Prime location near OBX Fishing Pier, Fish Heads, restaurants, shops, and Outer Banks Mall. This property offers the perfect blend of coastal charm and rental-readiness, with cosmetic enhancement possibilities to truly make it your own. Don't miss this chance to own prime oceanfront real estate with proven rental history and room to add value through updates! Please note: The rear pool fence has been replaced with wooden fencing since photos were taken.

WHAT IF YOUR INVESTMENT PROPERTY FELT LIKE YOUR FAVORITE VACATION? Welcome to TIDAL TREASURE, an exceptional oceanfront retreat set along one of Hatteras Island’s most sought-after stretches of beach. This 8-bedroom home with 7 primary suites is a proven rental machine, generating more than $220,000 in rental income in each of the past two years. Add in the space, amenities and oceanfront lifestyle guests return to Hatteras Island for, and you have an investment that's just as enticing to own as it is to vacation in. With approximately 5,250 square feet, ocean OR dune views from every level, multiple gathering spaces, an elevator, private pool, hot tub, theater room, and game room, this home was designed for memorable vacations—and to give everyone room to spread out while still bringing family and friends together. Outside is where vacation mode really begins. The expansive private pool area feels like your own backyard resort, complete with a tiki bar, cabana, outdoor shower, outdoor speakers and plenty of room for lounging in the sun. The ground level was made for entertaining. Challenge the family to a game of pool in the game room with wet bar, full-size refrigerator and Bluetooth sound system, or turn movie night into an event in the dedicated theater room with stadium seating and a large projection screen. Two primary suites on this level provide comfortable accommodations away from the home's main gathering areas. Take the elevator to the mid-level, where you'll find a laundry room with two washers and two dryers, a queen bedroom, bunk room with shared hall bath, and three king primary suites. One suite offers accessibility-minded features, including a roll-in shower, roll-under sink and other features designed to make the space easier to navigate. The top level is the heart of the property. Walls of windows fill the great room with natural light and showcase the coastal views, creating a beautiful backdrop for slow mornings, family dinners, and evenings spent together. The spacious living and dining areas flow into a chef's kitchen featuring granite countertops, stainless-steel appliances, and dual dishwasher—perfect for feeding a house full of family and friends. A king primary suite with beautiful ocean views completes the top level. Just a few steps above, the observation loft provides another special place to escape, relax and take in the sunset views. A Bluetooth surround-sound system allows music to flow throughout the top floor and out onto the decks, setting the mood for everything from morning coffee to evening cocktails. And then there's the reason everyone comes to Hatteras Island—the beach. For even more convenience, nearby Ramp 49 offers both vehicle and pedestrian access to the wide ,uncrowded beaches of Hatteras Island, and the Frisco Bathhouse provides seasonal lifeguards, showers, and changing rooms. Or visit Sandy Bay, sound side, just minutes away for kiteboarding, kayaking and paddleboarding, while local restaurants, galleries and shops capture the laid-back character of Hatteras Island. A short drive south brings you to Hatteras Village for fresh seafood, offshore fishing charters and the ferry to Ocracoke Island. TIDAL TREASURE is more than an investment home it's a place where you and your multigenerational family can make memories.

Located on a 62' wide oceanfront homesite, The Lodge features 8 bedrooms and everything South Nags Head has to offer with a great location very close to Jeanette's Pier and Outer Banks Fishing Pier. Beautiful panoramic ocean views on the top level of this home and ocean views from 5 out of 8 bedrooms with a great floorplan and living spaces on all three floors allowing everyone to have their own space yet plenty of common areas to enjoy together. New in 2026, the beach walkway is a highlight making getting to the beach much easier. Excellent views of the pier and ocean from the new dunetop observation deck. The ground level features a game room with a kitchenette with a full-size refrigerator and bar and two bedrooms. The mid-level includes 5 bedrooms, both east and west facing decks, and a TV room/den. The top level of this home is spacious and bright with an open floor plan, half bath, and large ensuite overlooking the beach. Plenty of room for everyone to gather outside with pool, kiddie pool, hot tub, and a beach walkway and observation deck. Close to shopping, local attractions, resturants, Oregon Inlet, Pirate's Cove, and Manteo.

This one-of-a -kind oceanfront estate masterfully blends architectural elegance, luxury amenities, and outstanding rental income potential. Designed to capture sweeping Atlantic views, the 8-bedroom residence features seven ensuite bedrooms, soaring ceilings, expansive windows, and walls of glass that fill the home with natural light and showcase the ocean from nearly every angle. The top level is a spectacular gathering space, highlighted by a dramatic great room with panoramic views, expansive oceanfront decks, and a chef's kitchen designed for entertaining. Equipped with two ovens, two refrigerators, two dishwashers, a large cooktop, wine cooler, pantry, and curved seating bar, the kitchen easily accommodates large groups. A gas fireplace, workstation, game area, and three ensuite bedrooms—two oceanfront—complete this level. An elevator provides convenient access to all floors. Designed with both luxury and rental performance in mind, the mid-level offers four additional ocean-view ensuite bedrooms, including an accessible suite with a roll-in shower and roll-under vanity. A standout family suite features built-in Duo bunks, a private bath, adjoining playroom, and ocean views, making it ideal for multi-generational gatherings and maximizing occupancy. The recreation room and sports bar elevate the guest experience with a pool table, bar seating, refrigerator, ice maker, dishwasher, and multiple TVs. An oversized laundry center with double washers and dryers supports high-capacity rentals with ease. Outdoor living rivals a private oceanfront resort. A heated saltwater pool, hot tub overlooking the Atlantic, fitness room, poolside bath, outdoor showers, expansive sun decks, and direct beach access create an unforgettable coastal experience that guests return to year after year. Recent improvements include a 2024 Fortified Roof, 2023 HVAC replacements with transferable warranties, 2024 exterior paint, upgraded Andersen sliders, and a new beach walkway and stairs. Meticulously maintained and thoughtfully designed, this distinctive oceanfront retreat offers the rare combination of luxury living, exceptional guest appeal, and strong investment potential. This home has moved to Twiddy for 2027.

This fabulous oceanfront home is in a very desirable area of Nags Head and has a strong rental history. Exceptionally well-built and maintained, the house sits on a deep 19,000 square foot lot with sweeping views of the Atlantic Ocean and solid dune protection. The private pool, hot-tub, beach walkway and large dune deck make for great outdoor living. The interior boasts six bedrooms total (three private suites), five full bathrooms and a half bath near the upstairs living spaces. The top level features a large, open floor plan living/dining/kitchen great room, cathedral ceiling and a fireplace. Hardwood floors and custom tile throughout. Two spacious decks face the ocean and a balcony on the west side of the home overlooks the beach road. This home is a wonderful blend of classic Nags Head and modern, premium comfort.

With more than $320,000 booked for the current rental season, and $150,000 booked already for 2027 this exceptional oceanfront estate in Corolla's Whalehead community offers a rare combination of proven investment performance and luxury coastal living. Built in 2018 and situated behind a healthy, well-vegetated dune line, the property overlooks a wide stretch of sandy beach and enjoys panoramic Atlantic Ocean views. Designed for large gatherings, this 11-bedroom home features an impressive amenity package including a private pool with cabana, theater room, game room, fitness area, elevator, and expansive oceanfront decks that maximize the beachfront experience. The combination of modern construction, strong rental income, wide beaches, a stable dune system, and one of Corolla's most sought-after oceanfront locations makes this a truly exceptional opportunity for investors and second-home buyers alike.

Welcome to an exceptional 12-bedroom, 10.5-bath oceanfront estate, where timeless coastal architecture, exceptional craftsmanship, and effortless luxury converge along the shores of Corolla. Custom-built with an emphasis on quality and longevity, this remarkable residence is designed to capture sweeping, unobstructed Atlantic views while offering an extraordinary setting for both private enjoyment and large-scale entertaining. From the moment you arrive, the home’s craftsmanship is unmistakable. Oceanfront-durable materials, including classic lap siding, composite decking, vinyl handrails, and expansive ocean-view windows were thoughtfully selected to provide enduring beauty and ease of ownership in a coastal environment. The main level is centered around a sophisticated open-concept living space framed by walls of glass and panoramic ocean views. The chef’s kitchen features dual stainless-steel appliances, generous preparation space, and abundant seating, creating an ideal gathering point for family and friends. A gas fireplace anchors the living room, while the adjacent dining area opens directly to an oceanfront deck. Also on this level is a luxurious king ensuite with soaking tub and custom shower, a half bath, and elevator access to all floors. The mid-level offers six beautifully appointed ensuite bedrooms, including thoughtfully designed bunk rooms, along with a laundry area and welcoming foyer den with wet bar serving as an inviting space for relaxed gatherings between beach days and evenings by the water. On the ground level, entertainment takes center stage with an expansive game room featuring wet bar, arcade games, gaming station, and foosball. This level also includes three additional bedrooms, including a king ensuite, a full bath, and direct access to the private heated pool and cabana. A breezeway connects the main residence to the guest house, creating a private and versatile retreat for extended family or guests. The guest house elevates the experience even further, with an upper-level family suite featuring a king bedroom, built-in queen/twin bunk room, shared full bath, and wet bar. Below, a dedicated theatre room and additional game room with pool table, shuffleboard, and arcade games provide ample space for entertainment and relaxation. Outdoor living is equally exceptional. The private heated pool and spa are complemented by a cabana house and tiki bar, shuffleboard, ping-pong, outdoor shower, and direct beach access. Dune-top seating provides a front-row vantage point for spectacular sunrises and the ever-changing beauty of the Atlantic. Ideally situated in Corolla, the estate is just minutes from premier shopping and dining, the Currituck Beach Lighthouse, historic Corolla Village, and the renowned 4x4 beaches where Corolla’s wild horses roam. With its extraordinary oceanfront setting, sophisticated amenities, and exceptional craftsmanship, this is a rare opportunity to own a truly distinctive coastal estate on North Carolina’s Outer Banks.

A True Oceanfront Masterpiece — Custom-Built Luxury Without Compromise. Offering over 4,500 square feet of refined coastal living, this exceptional estate delivers craftsmanship, scale, and amenities rarely found on the Outer Banks. The main house welcomes you through custom mahogany double glass doors and features three master suites, three additional bedrooms, and lavish custom tile baths with shower jets and rain heads. An elevator servicing three floors ensures effortless access throughout. The show-stopping gourmet kitchen boasts a 48" double oven with six gas burners and griddle, drawer microwave, oversized Sub-Zero refrigerator, granite countertops, blue kill pine walls, western tongue-and-groove cedar ceilings, knotty alder doors, and custom registers—every detail thoughtfully designed. The first level is built for entertaining, with a game room, multimedia area with 65" TV, and a convenient kitchenette with granite countertops, sink, drawer microwave, and beverage refrigerator—perfect for seamless poolside living. The fully self-contained guesthouse offers two bonus sleeping quarters, two bathrooms, a custom spiral staircase, washer and dryer, kitchenette, and comfortable living space—ideal for hosting family or friends in total privacy. This is more than a home. It’s a statement.

Wake up to unobstructed Atlantic views in this classic oceanfront retreat, perched on pilings in one of Nags Head's beloved beach cottage neighborhoods. From the moment you step inside, the open layout draws your eye straight through to the water, with a wall of sliding glass doors connecting the main living space to the expansive oceanfront deck beyond. This 3-bedroom, 2-bathroom home offers 1,620 square feet of coastal living, thoughtfully laid out to make the absolute most of its oceanfront setting. The open-concept living, dining, and kitchen area is truly the heart of this home. The kitchen features rich turquoise cabinetry and a tiled backsplash that give it real coastal character, along with a spacious center island and breakfast bar seating — ideal for casual mornings or help-yourself entertaining. Just beyond, a generous dining table comfortably seats a large group, making this a natural gathering spot for family reunions, holiday weeks, or simply a full house of guests. The adjoining living area is warm and inviting, appointed with comfortable seating, nautical-inspired décor, and a mounted TV, all wrapped in ocean views that stream in through the sliders. Step outside, and the oceanfront deck becomes an extension of the home itself — plenty of room for dining al fresco, morning coffee, or simply settling into an Adirondack chair and watching the horizon. Few features can compete with the simplicity of stepping straight from your living room onto a deck with the ocean as your view. Each bedroom throughout the home carries its own coastal charm, with soft color palettes, beach-inspired textiles, and comfortable furnishings that make every stay feel like a retreat. The home also includes bonus room space, offering flexibility for a den, office, hobby room, or additional living area to suit however you choose to use it. A full bathroom includes a stacked washer and dryer for convenience, so laundry never has to interrupt beach time. Downstairs, covered ground-level storage keeps beach chairs, bikes, coolers, and grilling equipment tucked away and sand-free, ready to grab on your way out the door. With a private stairway leading down to your own dune walkover, beach access is just steps away! No crossing streets, no shared walkways. And thanks to the Town of Nags Head's 2026 beach nourishment project completed this summer, the beach here is wider and more expansive than ever, offering even more room to relax, play, and soak in everything oceanfront living has to offer. Whether you're drawn to Nags Head for its laid-back cottage charm, its walkable stretch of coastline, or simply the chance to own a genuine piece of the Outer Banks, this property offers a rare and authentic slice of oceanfront life — the kind where the sound of the waves becomes part of your everyday rhythm and the feel takes you back in time!

Perched on the oceanfront in the heart of Nags Head, 8509 S Old Oregon Inlet Road offers the perfect blend of coastal comfort and breathtaking Atlantic views. This inviting 5-bedroom, 3-bath beach retreat is designed for effortless seaside living, featuring expansive covered decks where you can relax to the sound of rolling waves and enjoy endless sunrises over the water. Inside, the open-concept top level serves as the heart of the home, with a bright and airy living area flowing seamlessly into the kitchen and dining spaces—ideal for gathering with family and friends while taking in panoramic ocean views. Large windows fill the home with natural light, creating a warm and welcoming coastal ambiance throughout. Step outside and enjoy your own private walkway providing direct access to the pristine sandy beach, making morning strolls, afternoon swims, and sunset walks just steps from your door. Whether you’re searching for a serene second home, a vacation getaway, or an exceptional investment opportunity, this oceanfront gem delivers the quintessential Outer Banks lifestyle. Note: Previous buyer inspection report is available in Associated Docs.