Location
Agent Comments
MAJOR PRICE IMPROVEMENT — NOW $299,000! Turn-key Outer Banks investment opportunity with a proven rental history and an impressive return. At this new price point, this Bermuda Bay condo offers an exceptional opportunity for investors seeking a vacation rental, winter rental, or personal beach getaway with income-producing potential.
Welcome to Calypso Cay, an island-inspired condo ideally configured for vacation rentals. The ground level features a dry entry and spacious two-car garage with room for owner storage, bikes, beach gear, or even a game room to enhance rental appeal. The second level offers two private primary suites, each with its own bath and deck, providing an ideal layout for guest comfort and maximizing rental flexibility.
The top floor delivers the “wow” factor with an open-concept living area, high ceilings, bright kitchen, and multiple outdoor decks—perfect for relaxing after a day at the beach or entertaining guests.
Located in the sought-after Bermuda Bay community, guests enjoy resort-style amenities at the Elbow Beach Club, including a pool, cabanas, water features, and slide-key amenities that add to the vacation experience. Community sound access provides opportunities for kayaking and beautiful sunset views.
Just 1.2 miles to Ocean Bay Blvd beach access, featuring parking, bath house, and accessibility features. Shopping, restaurants, and popular OBX attractions—including the Wright Brothers Monument—are all just minutes away.
Recent improvements include a new roof in 2025, HVAC in 2026, and a new rear deck in 2026.
Now priced at $299,000, this is a compelling opportunity to own a turnkey, income-producing Outer Banks property with strong rental appeal, resort-style amenities, and a prime Kill Devil Hills location.
Amenities
- Dishwasher
- Microwave
- Range/Oven
- Refrigerator
- Stackable Washer/Dryer
Additional Features
- Association Amenities: Clubhouse,Health Club,Outdoor-Comm. Pool,Sound Access
- Association Fee Includes: Building Maintenance,Cable,Common Electric,Common Insurance,Grounds Maintenance,Management,pool,Road Maintenance
- Construction Materials: Frame
- County: Dare
- Days on Market: 101
- Exterior: Cement Fiber Board,Lap Siding
- Extras: Sun Deck
- Pool: Yes
- Pool Type: Association
- Pool Features: Association Pool,Outdoor
- Property Sub Type: Condo
- Sale or Rent: S
- Sewer: Private Sewer
- Waterfront Features: None
- Water/Sewer: Municipal
- Year Built: 2006
Financial
- Annual Tax Amount: 1831
- Asking Price Per Sq Ft: 267.68
- Bank/Institution Owned: No
- Buyer Financing: Cash,Conventional
- Possession: At Closing
- Short Sale: No
- Tax Year: 2025
Interior Features
- Cool System: Heat Pump
- Counter Tops: Laminate
- Floors: Carpet, Vinyl
- Heat System: Heat Pump
- Interior: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
Exterior Features
- Architectural Style: Caribbean,Reverse Floor Plan
- Exterior: Cement Fiber Board, Lap Siding
- Foundation details: Piling,Slab
- Fuel Tanks: None
- Garage Type: 2 Car,Attached
- Parking: Paved
- Pool: Association Pool, Outdoor
- Road Surface Type: Private
- Roof: Asphalt/Fiber Shingle
- Water Source: Municipal
- Waterfront Feature: None
Location
- Street Number: 1108
- MLS Area Minor: Kill Devil Hills Westside
Listed by: Cindy from Century 21 Nachman Realty.