Kill Devil Hills, NC 27948,301 W Ocean Acres Drive, Lot #1
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Kill Devil Hills, NC 27948,301 W Ocean Acres Drive, Lot #1
Kill Devil Hills, NC 27948,301 W Ocean Acres Drive, Lot #1
Kill Devil Hills, NC 27948,301 W Ocean Acres Drive, Lot #1
Kill Devil Hills, NC 27948,301 W Ocean Acres Drive, Lot #1

$515,000

Est. payment /mo

$525,000

1.9%
Est.Price: ?

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301 W Ocean Acres Drive, Lot #1 Kill Devil Hills, NC 27948

5 Beds

4 Baths

3,064 SqFt

SOLD DATE : 01/14/2026

Key Details

Sold Price $515,000

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,064 sqft

Price per Sqft $168

Subdivision Ocean Acres Tract 3

MLS Listing ID 130761

Sold Date 01/14/26

Style Cottage

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1973

Tax Year 2025

Property Sub-Type Single Family - Detached

Property Description

Single-Family Home with Roommate Rental Potential! This beautifully renovated single-family residence in Ocean Acres offers exceptional flexibility for owner-occupants. The home is not a multi-unit property but a single dwelling with a layout that supports roommate-style living, ideal for maximizing rental potential. The main level features a spacious three-bedroom, two-bath configuration with modern finishes, luxury vinyl flooring, and an open-concept living area. On the lower level, the home includes two thoughtfully designed private living areas that can be rented to roommates: one area consists of a bedroom, full bath, flex space or office, private entrance, bar sink and fridge, and in-unit laundry; the other offers a one-bedroom suite with a full bath and a great room with a bar sink and fridge. These spaces are integrated within the single-family structure and do not constitute separate dwelling units. Additionally, a leased storage shed or workshop on the property provides supplemental income. The home generates approximately $66,000 annually in rental income. All renovations were completed with proper permits and full town approval, ensuring full compliance with local building codes and zoning regulations. Located near the Nags Head Woods Nature Preserve and the Ocean Acres stoplight, this property provides convenient access to shopping, dining, and the best of the Outer Banks lifestyle. With its strong rental appeal and strategic location, this single-family home presents a rare opportunity for long-term growth and reliable returns. There is only one meter. The home is a modular single-family home. Price change due to the county assessor's correction in classification.

Location

State NC

County Dare

Area Kill Devil Hills Westside

Zoning RL

Interior

Interior Features Dryer Connection, Washer Connection

Heating Mini-Split

Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator

Exterior

Exterior Feature Vinyl

Parking Features None

Waterfront Description None

View Y/N No

Roof Type Asphalt/Fiber Shingle

Private Pool No

Building

Lot Description Level, Wooded

Foundation Piling, Slab

Sewer Municipal Sewer

Water Municipal

Others

Ownership Owned More than 12 Months

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Outer Banks MLS (OBMLS)
Listed by The VanderMyde Group Team Coldwell Banker Seaside Realty - KDH hvandermyde@gmail.com
Bought with The VanderMyde Group Team Coldwell Banker Seaside Realty - KDH
Brian Lancaster

Brian Lancaster

Broker | License ID: 355141

+1(252) 588-0166

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