$515,000
$525,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
301 W Ocean Acres Drive, Lot #1 Kill Devil Hills, NC 27948
5 Beds
4 Baths
3,064 SqFt
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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Bought with The VanderMyde Group Team Coldwell Banker Seaside Realty - KDH






