Appraisal in hand for $550,000.This home is owned by 10 families, each with a deed for 1/10th interest. They have agreed to sell the home as a "whole ownership" home in the premier fractional community. There are currently 7 other homes in Ships Watch owned by individuals. These owners pay monthly for the Common Area Operating and Reserves for a total HOA fee of $223.27/ month (2018).
This home is not in a rental program but similar homes in Duck earn $34,000 /year in rent.
Refrigerator w/Ice Maker
Inside Laundry Room