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Outer Banks Distressed Real Estate Listings

These Outer Banks distressed properties are either bank-owned or potential short sales. Bank owned means the mortgage holder has foreclosed on the property and is now offering it for sale. A potential short sale means the seller owes more than the listing price, so the bank may need to approve any offers so the seller is not liable for the difference. Buyers are interested in distressed real estate because there is the potential to find a great deal. However, the extra involvement of the bank can make the purchase process more complicated. If you are interested in distressed property on the Outer Banks (or anywhere else), be sure to work with a buyer’s agent who is experienced in this type of transaction. Don't hesitate to contact our team for help finding and closing on a distressed listing.

Displaying 1 - 10 of 43
Type: Residential - House
Price:  $1,659,000
Waterfront: Oceanfront
Area:  Duck
Bedrooms: 7
Full Baths: 8, Partial Baths: 2
119 Buffell Head Road Duck, NC 27927
Lot 10

The door of opportunity is open to own this seven bedroom oceanfront beauty. Owners have consistently maintained the…

Type: Residential - House
Price:  $1,295,000
Waterfront: Oceanfront
Area:  Salvo
Bedrooms: 8
Full Baths: 8, Partial Baths: 2
27246 Hattie Creef Landing Crt Salvo, NC 27972
Lot 12

This luxury oceanfront home features 8 bedrooms all with their own bathrooms, theater room, game room, spacious living…

Type: Residential - House
Price:  $875,000
Waterfront: Oceanfront
Area:  Hatteras
Bedrooms: 6
Full Baths: 6, Partial Baths: 2
57206 Summer Place Drive Hatteras, NC 27943
Lot 2

The name means "Hidden Corner". Enjoy panoramic ocean views from your very own corner of the world! This custom-built…

Type: Land - Residential
Price:  $835,000
Waterfront: Oceanfront
Area:  Nags Head
2607 S Virginia Dare Trail Nags Head, NC 27959
Lot #9

Large oceanfront lot located in desirable section of Nags Head. Located in Nags Head Art District and close to many shops…

Type: Residential - House
Price:  $825,000
Waterfront: Oceanside
Area:  Corolla
Bedrooms: 8
Full Baths: 8, Partial Baths: 1
608 Wave Arch Corolla, NC 27927
Lot #75

This vibrant 8 bedroom, 8.5 BR home in Corolla has attracted guests for years with its wonderful location, amenities…

Type: Residential - House
Price:  $699,000
Waterfront: None
Area:  Corolla
Bedrooms: 5
Full Baths: 5, Partial Baths: 1
738 Hammock Lane Corolla, NC 27927
Lot 345

OCEAN, SOUND, AND GOLF COURSE VIEWS!! Located in the Reserve Section of the prestigious Currituck Club, this exquisite…

Type: Residential - House
Price:  $624,900
Waterfront: Oceanside
Area:  Corolla
Bedrooms: 5
Full Baths: 4, Partial Baths: 1
1050 Lighthouse Drive Corolla, NC 27927
Lot #15

Lovely semi-oceanfront home offering breathtaking ocean views in Whalehead Beach. This stunning 5 bedrooms, 4.5 bathroom…

Type: Residential - House
Price:  $579,900
Waterfront: Oceanside
Area:  Corolla
Bedrooms: 6
Full Baths: 6, Partial Baths: 1
766 Crown Point Circle Corolla, NC 27927
lot43

Super nice beach house in Crown Point! 6 bedrooms-all masters, fully furnished with appliances. Reverse floor plan.…

Type: Land - Residential
Price:  $540,000
Waterfront: Soundfront
Area:  Kill Devil Hills
0 Saint David Road Kill Devil Hills, NC 27948
Units 2,3,4

Three Hamilton Cay Pads. Two of the three are The Premier Pads of the Community for spectacular, front row views across…

Type: Residential - House
Price:  $499,900
Waterfront: Oceanside
Area:  Corolla
Bedrooms: 4
Full Baths: 5, Partial Baths: 2
800 Corolla Drive Corolla, NC 27927
Lot 61

This home is ABSOLUTELY GORGEOUS!!! It is situated in the sought after, ocean side, area of Corolla / Whalehead Club.…

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