Active

41933 Ocean View Drive Lot 13

Avon NC, 27915

$1,699,345


Active

6 Beds

6.5 Baths

Residential

Built in 1985

With an amazing $212K booked YTD and a projection of 225k, be sure to come see this huge investment opportunity in the centralized town of Avon on Hatteras Island. Professionally decorated, sparing no expense with a full top to bottom renovation in 2023, sweeping panoramic ocean views, this spectacular home has been so well received by guests for the 2024 season. With traditionally warmer water, better fishing and incredible surfing later into the year on Hatteras Island the vacation rental time continues to be busy well beyond just the summer months. The current owner thoughtfully updated the house in 2023 to meet the needs of the guests. No more sharing bathrooms. All dated bathrooms were demolished and rebuilt with new plumbing and electrical lines. 5 bedrooms were renovated into master suites with attached bathrooms built with custom tile showers and vanities. The final bedroom is the kid's favorite with an Arcade and a full bath close by. Two of the beach-facing bedrooms were converted to provide private access to the newly built deck to enjoy the 180-degrees ocean views. Another half bath and ice maker hook-up were added near the great room as well as a second refrigerator both of which are guest favorites. Not to be outdone on the exterior, all new outdoor decks and stairs were installed as part of the upgrades. The rebuilt decks, both semi wraparounds, consist of a top-level sun deck with unobstructed views of the beach, where parents can watch their kids play at the beach. The 2nd level shaded deck holds the oceanfront hot tub with more magnificent views. The major addition to the house is the heated swimming pool. This heated pool when combined with a hot tub(new from 2023) represent the two biggest drivers of Spring and Fall rentals and potential growth in income. Final additions include extra parking, a full-size volleyball court, outdoor toilet and bath, new paint, new windows, new doors, new indoor/outdoor trims, new furniture etc. We'd also be remiss to omit mention of the Avon renourishment project, ensuring wide sandy beaches, solid dunes, and ample protection for your new, big money-making asset. Rental property investment is nothing more than a numbers game. Most purchases require buyers to keep paying into that game requiring constant updates and upgrades just for the chance to hit the desired ROI numbers. With $207K already on the books, all of the heavy lifting in terms of updating done, possible room for growth potential, not to mention an incredible rental package in place, walking distance to restaurants, Food Lion, stores, "Dolphin Watch" is that winning ticket when it comes to Outer Banks rental property investment. Please see associated documents for the full list of renovations totaling $561K.

126302

MLSⓇ ID

July 11, 2024

Listed

September 4, 2024

Updated

Map

41933 Ocean View Drive Lot 13
Avon NC, 27915

Interior Features

Bedrooms

6


Total Bathrooms

6.5


Full Bathrooms

6


Half Bathrooms

1


Interior Features

Cathedral Ceiling(s)


Appliances

Dishwasher, Refrigerator, Dryer, Ice Maker, Microwave, Range, Oven, Washer


Floor Description

Carpet, Ceramic Tile, Vinyl


Fireplace

Yes


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Heat Pump, Zoned

Exterior/Building Features

Lot Size

0.34 Acres


Architectual Style

Reverse Floor Plan, Craftsman


Roof

Asphalt

Other Property Details

Area Name

Avon Oceanside


Taxes

$3,425


Tax Frequency

Annually


Days on Market

55


Garage

No


Parking

Off Street


View

Yes


View Description

Ocean


County

Dare


Water Source

Public, Private


Pool

Yes


Pool Features

Outdoor Pool, In Ground, Private


Waterfront

Yes

Listing History

Date

Event

Price

9/4/2024

Price change

$1,699,345

-3%

Courtesy of Keller Williams - Outer Banks, Ian Lassiter,
Listing Contact: 2527225860 

Based on information from Outer Banks Association of REALTORS® as of 9/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Outer Banks Association of REALTORS® all rights reserved.

Data last updated on 9/4/2024 at 3:11 PM UTC

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