Property Images: 
MLS# 112891: INCREDIBLE OCEAN FRONT VIEWS
Asking Price: 
3,595,000
Bedrooms: 
20
Subdivision: 
Baers Folly
Bathrooms: 
14
Unit/Lot #: 
Lot 2
Half Baths: 
1
303 E Oregon Avenue Kill Devil Hills, NC 27948
Lot 2
Waterfront: 
Oceanfront

Information

UNIQUE OPPORTUNITY: OCEANFRONT "COMPOUND" - MP 8 - KILL DEVIL HILLS! Located on a 90-foot-wide, 24,000/sf lot, the 12 bedroom oceanfront home features expansive views of the Eastern horizon as well as views of the Northern and Southern beaches as far as the eye can see! At a ground elevation of 25 feet, visitors enjoy a bird’s-eye view of the surrounding area and can even see the Wright Brother’s Monument! Behind the large oceanfront lot, the second property – an 8 bedroom duplex on a 20,000/sf lot – offers a private pool, quick & easy access to the beach and is walking distance to countless shopping and dining establishments.

The oceanfront home, designed & built by the current owners, has been meticulously maintained and updated – these efforts are apparent in the consistent rental performance at both properties! The spacious layout, unmatched views and central location contribute the overall desirability for vacationers and future-owners alike! With the addition of a poolside gazebo and tiki bar, the current owner’s believe rental income could reach $280,000 on the oceanfront alone! Currently under remodel, the duplex – which offers 4 bedrooms per side – will soon feature new kitchens, kitchen appliances, large tile showers in each master bath as well as various touch-ups to top deck railings, pool steps, etc. – Unit A will also feature a newly-renovated bath and Unit B will feature new carpet.

The anticipated revenue increase from these improvements will likely bring the annual income north of $90,000 for this multi-unit dwelling!

Area
Kill Devil Hills Oceanside
Subdivision
Baers Folly
Unit/Lot#
Lot 2
Waterfront
Oceanfront
Waterfront Location
Oceanfront
Lot Description
Adj. To Common Area,Beach Frontage,Water Frontage
Lot SqFt
44000
Furnishings Available
Yes
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Has Pool
Yes
Pool Description
Outdoor
Private Pool
Foundation
Piling
Roads
Gravel
Paved
Public
Appliances
2nd Dishwasher
Dishwasher
Microwave
Range/Oven
Refrigerator
Washer
Heating
Central
Heat Pump
Heated Living Area SqFt
9892
Air Conditioning
Central
Heat Pump
Water
Municipal
Sewer/Septic
Private Septic
View Description:
Ocean
Interior Features
Ensuite Bath
Gas Fireplace
Extras
Beach Access
Boardwalk to Beach
Elevator
Hot Tub
Outside Shower
Dry Entry
Optional Rooms
Game Room
Utility Room
Taxes
$20597.77
Association Fee Included?
No - Restrictive Covenants May A
Style
Reverse Floor Plan
Coastal
Cottage
Construction
Frame
Wood
Exterior
Shakes
Garage
Carport
Parking
Off Street
Paved
Year Built
1999
Days On Market
15
Listing Agent
Bobby Harrell
Listing Office
Harrell & Associates

Request More Information

Vanessa Watson
Senior Associate Broker RRS, SFR, REALTOR
Office: 855-681-4194

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