3311 N Virginia Dare Trail Unit: Lot 5, Kill Devil Hills, NC 27948

$1,100,000 Asking Price

4 beds
2 baths
Built in 1972

**Beautiful Kill Devil Hills Oceanfront** High ROI ** Low Expenses** New Decking **$78,200 for 2021 GRI** Roof 2019***Owner now uses the home during Spring and Fall months so there is opportunity for additional rents. If you are in the market for strictly an investment property, this home has a great ROI with low expenses (equalling a great NET Income/Bottom line). This home has the potential to have bookings throughout the year and produce even higher numbers with a open calendar (and less owner weeks reserved). If you are searching for the rare Kill Devil Hills Oceanfront to enjoy with your family, this home will delight. Talk about dining with a view; this home enjoys tons of natural light and simply spectacular views that are unforgettable. Simple yet Spacious, this home is a must see. The Coastal Chic decor has guests coming back year after year for another week full of memories. With four (4) bedrooms, this home feels cozy yet has plenty of room to spread out. The two ocean facing sliders, the main attraction is always on full display to enjoy. No matter the season, the new decks provide the perfect place to relax with cocktails or coffee or enjoying the freshest bounty from the sea! This is a rare find on the beach! This gem is a "must see."

Features & Amenities

Interior

General:
All Window Treatments, Dryer Connection, Ensuite, Washer Connection
Appliances:
Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer
Flooring:
Plank
A/C:
Heat Pump
Heating:
Heat Pump

Exterior

General:
Vinyl, Beach Access, Ceiling Fan(s), Sun Deck, Inside Laundry Room
Style:
Beach Box, Coastal
Parking:
Off Street, Paved

Construction

Roofing:
Asphalt/Fiber Shingle
General:
Frame, Wood, Piling

Location

Road/Access:
Paved, Public
County:
Dare

Lot

Zoning:
OIR
View:
Ocean

Utilities

Water:
Municipal
Sewer:
Private Septic

Financial

Ownership:
Owned More than 12 Months
Buyers Agent Compensation:
2.5
Buyers Agent Flat Fee:
0

This listing courtesy of:
Coldwell Banker Seaside Realty KH, Brook R Sparks

About Kill Devil Hills, NC

Housing

Number of Units
9,679
Median Home Value
$268,261
Median Rent
$1,005

25.56% of housing units are renter occupied.

45.94% are vacant.

Commute

Car
83.22%
Public Transportation
0.00%
Walk to Work
0.76%
Work from Home
15.23%
Other
0.15%

The median travel time to work is 19 minutes.

People

Population
12,282
Median Age
46.80
Median Household Size
2.60

Education

High School
19.25%
Associate’s Degree
11.34%
Bachelor’s Degree
25.13%
Graduate Degree
13.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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