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303 E Oregon Avenue #Lot 2 $3,595,000

MLS#: 112891
Address: 303 E Oregon Avenue #Lot 2
City / Zip: Kill Devil Hills, NC 27948
Type: Residential / Single Family Residence








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UNIQUE OPPORTUNITY: OCEANFRONT "COMPOUND" - MP 8 - KILL DEVIL HILLS! Located on a 90-foot-wide, 24,000/sf lot, the 12 bedroom oceanfront home features expansive views of the Eastern horizon as well as views of the Northern and Southern beaches as far as the eye can see! At a ground elevation of 25 feet, visitors enjoy a bird’s-eye view of the surrounding area and can even see the Wright Brother’s Monument! Behind the large oceanfront lot, the second property – an 8 bedroom duplex on a 20,000/sf lot – offers a private pool, quick & easy access to the beach and is walking distance to countless shopping and dining establishments. The oceanfront home, designed & built by the current owners, has been meticulously maintained and updated – these efforts are apparent in the consistent rental performance at both properties! The spacious layout, unmatched views and central location contribute the overall desirability for vacationers and future-owners alike! With the addition of a poolside gazebo and tiki bar, the current owner’s believe rental income could reach $280,000 on the oceanfront alone! Currently under remodel, the duplex – which offers 4 bedrooms per side – will soon feature new kitchens, kitchen appliances, large tile showers in each master bath as well as various touch-ups to top deck railings, pool steps, etc. – Unit A will also feature a newly-renovated bath and Unit B will feature new carpet. The anticipated revenue increase from these improvements will likely bring the annual income north of $90,000 for this multi-unit dwelling!

This listing is provided courtesy by Bobby Harrell, Harrell & Associates


Map may not be 100% accurate.


    Property Amenities

    • Interior Features

      • Gas Fireplace
      • Master Bath
    • Flooring

      • Carpet
      • Ceramic Tile
      • Wood Laminate
    • Appliances

      • 2nd Dishwasher
      • Dishwasher
      • Microwave
      • Range/Oven
      • Refrigerator
      • Washer
    • Cooling

      • Central
      • Heat Pump
    • Heating

      • Central
      • Heat Pump
    • Sewer

      • Private Septic
    • Roof

      • Asphalt/Fiber Shingle
    • Foundation

      • Piling
    • Exterior Features

      • Beach Access
      • Boardwalk to Beach
      • Elevator
      • Hot Tub
      • Outside Shower
      • Dry Entry
      • Frame
      • Wood
    • Parking

      • Off Street
      • Paved
    • Pool

      • Private
    • Exterior Finish

      • Shakes
    • Waterview / Front

      • Oceanfront
    • Extras

      • Beach Access
      • Boardwalk to Beach
      • Elevator
      • Hot Tub
      • Outside Shower
      • Dry Entry

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