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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Hill Ocean Isle Esta Ocean Sands Ocean View Ocean Winds Oceancrest Oceanfront Entr Oceans East Condos Oceanside Old Hotel Lots Old Ngs Hd Cove Old Nh Place Old Oak Estates Old Oaks at Belle Isle Olde Duck Beach Orville Bch Amn Orville Beach Orville Beach W Osprey Osprey Ridge Owens B Owens Beach Est Oyster Creek Banks Oyster Pointe Oyster Pointe 2 O'Neal Minor P L Gray Revsd Paleys Rodanthe Dunes Palisade Acres Palmer's Island Pamlico Condo Pamlico Point Pamlico Ridges Pamlico Snd Shr Paquiac Pines Paradise Bay Parkers Landing Pats Road Farm Pawpaw Ridge Payne Estates PC-Ballast Point PC-Ballast Pt Vlas PC-Buccaneer Vill PC-Gulf Stream PC-Hammock Village PC-Harbour Place PC-P Cove Yacht Cl PC-Pirates Cove PC-Rudder Village PC-Sailfish Point PC-Sailfish Villas PC-Sextant Village PC-Spinnaker Vill PC-Village Landngs Peach Tree Bch Pebble Bch Shrs Pelican Park Pelican Watch Peninsula Pier One Pine Corner Pine Island Pud Pineville Acres Pinewood Acres Pinnacle Seascp Pirates Moor Pond Isl 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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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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. Search All Listings 1 2 3 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). 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