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Investment Property


The Dean Agency tracks the best performing investment properties on the Outer Banks. They are listed below for your convenience. These properties have the highest ROI - return on investment - and the best chance to be cashflow positive for investors. We can provide investment analysis, cost to own scenarios and other investment examinations on these properties. Our brokers are skilled and experienced in finding and helping you purchase the best deals on the oceanfront, golf course, waterfront or other residential investment property anywhere on the Outer Banks, NC. Ask for more details on these properties or a free investment analysis by emailing the Broker on Duty.

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MLS 65127 MLS #: 65127
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$524,700
Year Built: 2005
DETAILS
Area: Avon Soundside
Subdivision: Cutty Sark

Bank owned opportunity. Seven bedrooms; large gameroom with wet bar, full refrigerator and fireplace; home theater room; large open living room with dining area and kitchen with stainless steel appliances in place. Swimming pool and a big hot tub found in screened "cabana" area. Property to be sold "as is" but inspections are welcomed. Previous MLS listing reported $68,240 in 2007. No guarantees or warranties implied.

7 Bedrooms
7 Bathrooms
3001-4000 Sq. Ft.

MLS 65345 MLS #: 65345
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$535,000
Year Built: 1993
DETAILS
Area: Corolla Oceanside
Subdivision: Crown Point

Fantastic oceanside custom home with private pool and hot tub! $46,000 income in 2009...8.6% return. Across the street from community pool and tennis courts...and open space to the West and South!...1 block to private ocean access and the beautiful beaches of Corolla! Three master suites!...Open Living area with fireplace and new pergo type wood flooring! Corian tops in kitchen! Working sauna! Classic two story foyer! Short walk to Tim Buck II shops and restaurants!...Many upgrades the past 4 years..$50,775! (see list in Associate Docs)...and an 8.6% Return (doesn’t include owner usage) $31,759 Year to date and expected to get all remaining weeks rented. Seller handles rental direct through internet vacation rental. The home rents extremely well with present system - likely better than a local rental company would produce and with minimal effort.

5 Bedrooms
4 Bathrooms
2001-2500 Sq. Ft.

MLS 64126 MLS #: 64126
RESIDENTIAL
(Townhouse)

Asking Price:
$540,000
Year Built: 2000
DETAILS
Area: Manteo-S. of Airport Road
Subdivision: Centennial Cour

LOCATION, LOCATION ,LOCATION!!! Opportunity Knocks!!! Great Buy--less than Tax assessment! What else can I say?? A gorgeous building with multiple uses retail space downstairs, and two beautiful apartments upstairs. The entire building offers waterviews of Shallowbag Bay and Marshes Light. Historic downtown Manteo location with potential galore! Once a busy hair salon and spa complete with a honeymoon suite. Plenty of streetside parking and tons of exposure for your customers. Bring your imagination Manteo has become a wedding destination as well as a wonderful day trip for shoppers from other parts of the beach. Run a business, live in one aprtment and rent the other. 10 foot ceilings on the first floor and 9 feet on the 2nd and 3rd floors. Precious courtyard in the back of the building and within walking distance to everything!

4 Bedrooms
4 Bathrooms
3001-4000 Sq. Ft.

MLS 49753 MLS #: 49753
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$550,000
Year Built: 1991
0.27 Acres
DETAILS
Area: Rodanthe Oceanside
Subdivision: Surf-Side

AN ISLAND RETREAT! Come and enjoy the sounds of the surf and SURFSIDE BREEZE! The perfect place for your week of enjoying the beautiful ocean and beach. This is truly a beach chalet with incredible views of the ocean from the window lined cathedral living room.

4 Bedrooms
2 Bathrooms
2001-2500 Sq. Ft.

MLS 60925 MLS #: 60925
RESIDENTIAL
(Quad Ownership)

Asking Price:
$575,000
Year Built: 2005
DETAILS
Area: Corolla Oceanside
Subdivision: Whalehead Club

Own one quarter undivided interest in this Semi-Oceanfront home.This is a full real estate ownership with 1/4 interest in this better than new custom built stunning Semi-oceanfront home. Southern hospitality and elegance throughout. Elevator, upscale furnishings & appliances, heated pool with waterfall and dancing lights, cabana, two dining areas, media room, office niche, game room with pool table & kitchenette: reception area for receptions, reunions, weddings and dancing. Tile & hardwood throughout.

9 Bedrooms
8 Bathrooms
5001-6000 Sq. Ft.

MLS 59067 MLS #: 59067
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$575,751
Year Built: 1985
DETAILS
Area: Corolla Oceanside
Subdivision: Ocean Sands

Great Lakefront Home in Ocean Sands. Come Check This Out as the pictures don't do Justice. Home is a Complete Remodel with Beautiful Cypress throughout. Home also has 5 Bedroom and 5 Baths, with a Secret Room.... Can You Find It? You Must See This House to Apprecaite it! Call Today!

5 Bedrooms
5 Bathrooms
2001-2500 Sq. Ft.

MLS 65419 MLS #: 65419
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$599,000
Year Built: 1977
DETAILS
Area: S. N.H. East/Old Oregon R
Subdivision: Ocean Col South

A true South Nags Head lover’s cottage. Located at Milepost 20.5, this beautiful oceanfront home was renovated in 2006 to include all new furniture, bedding and GE Profile appliances. Enjoy stunning ocean views from the living area and both deck levels. Storage area with washer & dryer is located on the ground level. A great layout with one-level convenience in mind, all bedrooms and baths are on the same level with great room, kitchen and dining opening up in the middle. A half bath was added downstairs on the ground level by outside shower for convenience while enjoying the beach! And don’t forget man’s best friend, there is a convenient fenced dog area outdoors for Fido to run and play. This is home you must go in to appreciate.

4 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 62915 MLS #: 62915
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$629,000
Year Built: 1999
0.17 Acres
DETAILS
Area: Nags Head between hwys
Subdivision: Nags Head Shore

5 bedroom house with pool and great beach access, see pictures. This home does over 8% return with over $50,000 in rental incoime. Great views, hot tub, pool beach access across the street. Rental income is great, renters return often. Priced to sell

5 Bedrooms
4 Bathrooms
2001-2500 Sq. Ft.

MLS 65016 MLS #: 65016
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$637,500
Year Built: 2001
0.32 Acres
DETAILS
Area: Nags Head between hwys
Subdivision: Coastal Cove

Just a short walk to the beach, great rental income/investment property. Some ocean views from your Captains Watch. Game room, pool, hot tub, large masters & baths w/jet tubs and walk-in showers. Large decks. Owner is motivated to sell. SELLER OFFERS $10,000 AT CLOSING WITH ACCEPTABLE OFFER

5 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 64251 MLS #: 64251
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$685,000
Year Built: 2006
DETAILS
Area: Nags Head between hwys
Subdivision: Geo T Stronach

Semi-Oceanfront 5 bedroom home in the heart of Nags Head. Ocean Views and Jockey's Ridge Views. Beach Access is very close and easy walking distance. Centrally located home close to beach, shopping, dining and everything else. 5 bedrooms and 4 baths. 2 very nice master suites. Private Pool and Hot Tub. Outdoor Shower. 3 living/gathering areas.

5 Bedrooms
4 Bathrooms
2001-2500 Sq. Ft.

MLS 64646 MLS #: 64646
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$699,000
Year Built: 1999
0.48 Acres
DETAILS
Area: Hatteras Soundside
Subdivision: None

Priced like a Shortsale or Foreclosure, but NOT ONE! NO HASSLE !! Excellent Semi-Ocean Front home in Hatteras Village on the sound side of Hwy 12. Wow! Look at those views! Adjacent to Park Service lands, this home will always have unobstructed views. Great rental property with a historical 10% rental return! Lovely beach interior with all the bells and whistles, game room with pool table, pool, hot tub, Jacuzzi tub, extraordinary views of Ocean, Sound & Park Service lands, ceramic tile floors, and so much more! Give us a call today!

8 Bedrooms
6 Bathrooms
3001-4000 Sq. Ft.

MLS 63860 MLS #: 63860
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$709,000
Year Built: 2003
DETAILS
Area: Nags Head between hwys
Subdivision: Pebble Bch Shrs

This award-winning home is an absolute must see that brings together ocean views and a flavor of the tropics with wonderful architecture and a great Carribbean flare! Chosen for the "Peoples Choice Award" as the favorite in 2003's Builder's Showcae of Homes, this "Island Paradise" is a quick walk to the deeded beach access. Loaded with amenitities, this home features bedroom verandas, landscaped pool courtyard, outdoor stereo system, hand painted murals and custom tile. Truly a beautiful, inviting home with countless upgrades and distinct attention to detail.

6 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 60792 MLS #: 60792
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$722,000
Year Built: 2002
DETAILS
Area: Kill Devil Hills b/w Hwys
Subdivision: Nine Estates

FANTASTIC LOCATION AND PRICED TO SELL. 8 BR, 5.5 BA COMPLETE WITH A LARGE PRIVATE POOL, HOT TUB, GENEROUS RECREATION ROOM WITH POOL TABLE, 2 LAUNDRY ROOMS, 2 REFRIGERATORS, 2 MICROWAVES, 2 DISHWASHERS, AND 10 TVS. FANTASTIC OUTDOOR SPACE WITH 4 COVERED DECKS AND A SHIP’S WATCH WITH OCEAN VIEWS. GREAT LOCATION WITH CONVENIENT OCEAN ACCESS, DINING, SHOPPING AND MOVIES ALL WITHIN WALKING DISTANCE. VERY WELL FURNISHED AND MAINTAINED. THIS HOME HAS BEEN A CONSISTENT RENTER WITH GROSS RENTALS AT $60,000 IN THE TWO FULL YEARS IN THE SUN PROGRAM. BUYERS CAN TAKE ADVANTAGE OF GREAT PRICING AND 8.5% GRI/PP.

8 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

MLS 62427 MLS #: 62427
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$740,000
Year Built: 2004
DETAILS
Area: Salvo Soundside
Subdivision: Wind Over Waves

This home is a rental machine. It has everything a renter wants and more. Extra large lot with volley ball court and horseshoe pit. Add a swimming pool and hot tub, a short walk to the beach or sound. Home theatre, rec room, wet bar and electronics everywhere. A real renter's delight. Priced well below assessed value.

7 Bedrooms
7 Bathrooms
3001-4000 Sq. Ft.

MLS 64064 MLS #: 64064
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$745,000
Year Built: 2009
DETAILS
Area: Salvo Oceanside
Subdivision: Hattie Creef Landing

Hattie Creef Landing is an upscale oceanfront community in Salvo with an established and vegetated double dune. Three levels of living space with a game room/media center. Upgrades include hardwood in great room and tile in kitchen and bathrooms. Kitchen has stainless steel appliances, upgraded cabinets with dove tail drawers and granite countertops. Private heated pool. Lovely oceanside community and homes.

6 Bedrooms
6 Bathrooms
3001-4000 Sq. Ft.

MLS 62544 MLS #: 62544
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$748,000
Year Built: 2006
0.23 Acres
DETAILS
Area: Nags Head between hwys
Subdivision: Geo T Stronach

This house is GORGEOUS! Featuring - elevator, great ocean views, spacious bedrooms and living areas, open kit/lr/dr, second living room with fridge and wetbar, upgraded furnishings and decor, beach access right across the street, cedar shake siding, large landscaped homesite with irrigation, big swimming pool with nice party deck, - a MUST see! Seller just added dog run and volleyball area - rental company expects $10,000 - $15,000 more in rental income - Floor plans - http://www.mouseonhouse.com/property/228/7217/

5 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 65019 MLS #: 65019
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$749,000
Year Built: 2001
DETAILS
Area: Nags Head between hwys
Subdivision: Coastal Cove

What a rental machine! A real investment property. 12x28 pool, outside showers, outside half bath, hot tub, BBQ, basketball and the list goes on. Seller is motivated to sell. SELLER OFFERS $10,000 AT CLOSING WITH ACCEPTABLE OFFER

7 Bedrooms
7 Bathrooms
3001-4000 Sq. Ft.

MLS 59150 MLS #: 59150
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$784,000
Year Built: 2002
0.51 Acres
DETAILS
Area: Corolla Oceanside
Subdivision: Whalehead Club

"My Blue Heaven" spells green for the savy investor who makes an offer on this outstanding property. With $67,892 in rental income in 08 & at this price; the #'s make sense. The half acre lot w/ocean views has all the amenities to keep rentors happy & returning year after year. Heated pool, hot tub, outdoor volleyball in fenced yard plus fully equipped game room w/wet bar. Show it and sell it with confidence.

7 Bedrooms
4 Bathrooms
3001-4000 Sq. Ft.

MLS 64057 MLS #: 64057
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$815,000
Year Built: 2007
DETAILS
Area: Ocracoke
Subdivision: None

If you're looking for rental income - investment property on Ocracoke, look no further. This home has it all and is consistently a top income producer! Attention to even the tiniest detail make this a fabulous home away from home. The pool, hot tub, and private movie theater are just the icing on the cake. Owner is offering one season of free weekly maintenance (to include pool service) upon sale. Make an offer. $815,000.

4 Bedrooms
2 Bathrooms
2001-2500 Sq. Ft.

MLS 45437 MLS #: 45437
RESIDENTIAL
(Condo)

Asking Price:
$849,900
Year Built: 2009
DETAILS
Area: Kill Devil Hills Oceansde
Subdivision: Croatan Surf Club

The Croatan Surf Club homes are the first ultra-luxury resort condominiums on the ocean front in the Outer Banks. The beach was just recognized byFEMAas an X zone which means that it is so strong it is not required to maintain flood insurance, even though it is on the ocean front.expansive ocean frontpoolcomplex at the Croatan boasts an 84’ long, free form saline swimming pool. separate children’s pool w/spray ground and a highly vegetated adult spaarea.The indoor facility includes an arcade, fitness center, pool and spa and is finished in wood and stone, complete with fireplaces! *Call for complete listofavailable units and sales package

3 Bedrooms
3 Bathrooms
1001-1500 Sq. Ft.

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John Dean , Broker in Charge
P.O. Box 119
Kitty Hawk, NC 27949
866.340.1166 toll free
252.441.9997 local
Email John Dean

"We work hard to make sure you have all the facts and information to make good decisions. We also preview many properties prior to a client's appointment to make the most productive use of your time."

Contact John Today
Anna Hunt , Senior Broker, Realtor
P.O. Box 119
Kitty Hawk, NC 27949
866.340.1166 toll free
252.441.9997 local
Email Anna Hunt

Information equals power. I research all the tax, deed and insurance documents plus satellite photos for client's at every showing, whether we show 1 house or 6. Complete, detailed property information trumps any advantage the Sellers have in negotiations.

Contact Anna Today
Adam Burkhimer , Senior Broker , REALTOR
P.O. Box 119
Kitty Hawk, NC 27949
866 340 1166 toll free
252 441 9997 local
Email Adam Burkhimer

“I am a strong believer in providing my clients with as much information as possible in order to make sound decisions. As a real estate professional, I will work hard for you to ensure that you have all that information to use in negotiating your next real estate transaction in the most productive and efficient manner.”

Contact Adam Today

Listings information obtained through IDX (Internet Data Exchange). Information being provided is for personal, noncommercial use and may not be used for any purpose other than to identify prospective properties for purchasing.


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