Archive for the ‘Outer Banks Homes’ Category:
March 20th, 2010 – Outer Banks Foreclosed Homes Tour
Have you been on the fence about investigating real estate in the Outer Banks? Looking to purchase a home below tax value? This is an easy way to learn about the costs and benefits of investing in an OBX beach house. Our team is currently following many excellent opportunities in Outer Banks vacation home ownership and investment.
Our local real estate team finds many, Outer Banks foreclosed homes offer excellent opportunities as vacation homes or investments. In response to these market conditions our team has decided to make learning about Outer Banks foreclosures, fun.
The foreclosure tour is going to be held on Saturday, March 20th. Breakfast and the opportunity to meet local professionals including a property management consultant, insurance representative, and mortgage broker.
For more information or registration
Outer Banks foreclosure tour
This soundfront home is beautifully secluded in Colington Harbour. Crepe myrtles line the driveway to your private retreat. The home is set on a 31,500 sq. ft. sound front homesite. Current owner has left lots of natural beauty with mature live oaks. Walkway from the home runs to the sound front pier and picnic table. Home is a classic soundfront retreat, beamed cathedral ceilings, juniper paneling, cedar closets and more.
More information on – 210 Sir Walter Raleigh
210 Sir Walter Raleigh
Colington Harbour Soundfront Walkway
Open Living Area
Colington Soundfront
This “Surfer’s Shack” is reminiscent of the classic Nags Head, beach style cottage with real wood on the walls and ceilings. There are two bedrooms on first floor with an upper level room large enough to sleep a family. The steps are a little steep but it adds to the whole charm of this place. There is an enclosed front porch and screened porch behind the home to enhance the living area. You are convenient to everything in this home and once you walk in – you feel like you are right at home. It is priced right!
More Information on 2013 Norfolk Street
We found a great beach house on a quiet street with its own small park plus sound front gazebo at the end of the street. This beach home has been updated with wood lamented flooring, fresh paint and updated kitchen. There are 2 bedrooms and a bathroom on each end of the house suitable for families sharing a vacation. There is also an unfinished room under the home that would make a perfect game room. The yard has great potential with mature trees for shade just waiting for your hammock. The house has been updated with vinyl siding and working hurricane shutters. A great getaway cottage.
More information on – 428 Hayman Boulevard
Waterfront Peninsula – Southern Shores – Walking Distance to Ocean
Southern Shores Canal View
Over 3/4 of an acre canal front lot located at the end of Beech Tree Trail. The perfect lot for your dream home & you can keep your boat at your home! Canal is on two sides of lot with access to the Currituck Sound. Relax and enjoy the canal and golf course views. This is an unique opportunity to own a large parcel of water frontage while within walking distance to ocean. Southern Shores Civic Association membership is available for a small annual fee which gives you marina access as well for a multitude of boating opportunities. Mature live oaks enhance this lot for privacy.
More information on – 133 Beech Tree Trail
Nags Head Oceanfront Homes
Just a quick picture I was able to capture while out enjoying the Outer Banks marathon. I always enjoying looking at the homes that make up the Outer Banks oceanfront.
Today we toured a ranch style house in a great, Kill Devil Hills neighborhood with boating access. This home had a great entrance way with hard wood floors, chair rail and vaulted ceilings. It was in great condition with many updates plus a two car garage. This is perfect for someone looking for one level living and a great yard with mature trees. You have easy access to some great bike paths, schools and parks. It is priced below tax value at $209,000 for over 1300 square feet of living space plus garage! See our website for more details.
More information on… 140 Bayberry Road
Buying a Nags Head Foreclosure
Today’s Outer Banks real estate market offers tremendous opportunities. Home prices have fallen, once again making Outer Banks vacation homes very affordable and excellent potential investments. Our real estate team is currently tracking excellent Outer Banks foreclosure opportunities in Nags Head and in surrounding towns like Kill Devil Hills, Kitty Hawk, Southern Shores Hatteras Island and Corolla.
Buying an Outer Banks foreclosure can be an excellent way to attain vacation home ownership and to break into the vacation home investment market. Some vacation homes can be found having a 7, 8 or 9% capitalization rate. In addition to owning a vacation home you own a great place to take a yearly vacation. The beaches of the Outer Banks are among the finest in the east coast and all of the United States. (Two of the last three years, Dr. Beach has named Outer Banks beaches among his Top 10 Beaches in America.)
Are you ready to learn more about investing in an Outer Banks home? We are ready to answer any questions you may have about the Outer Banks and vacation homes. Contact us today!
View from an Outer Banks oceanfront home
Are you in the market for an oceanfront home or condo in the Outer Banks? The OBX Team has made it easy to search Outer Banks oceanfront real estate. If you have any question about a specific home, just let us know. We are happy to answer any questions you may have.
(One thing for those looking to invest in the Outer Banks – oceanfront homes offer excellent opportunities for higher than average return on investment. Oceanfront homes tend to have longer rental seasons than comparable homes other places on the Outer Banks.)
Like much of the Outer Banks, Hatteras Island has been hit by its share of foreclosures. Currently we find 8 bank owned homes throughout Hatteras. The homes range in price from $196,900 to $875,900. Amazingly the homes range from a 3 bedroom home in Salvo to an 8 bedroom oceanfront home in Rodanthe.
Many of the bank owned homes only need minor work before they are move in or rental ready. If you are looking for an excellent opportunity on a Hatteras Island home, I recommend investigating the available Outer Banks foreclosures.
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