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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 65959 MLS #: 65959
RESIDENTIAL
(Quad Ownership)

Asking Price:
$550,000
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 66687 MLS #: 66687
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$565,000
Year Built: 1986
DETAILS
Area: Corolla Oceanside
Subdivision: Whalehead Club

Fantastic Opportunity to own your Semi Oceanfront home! Interested in a fixer upper - will need to be completely remodeled or tear it down and build your 8 or 9 Bedroom Rental Investment Machine. Home "Sold As Is". Enter at your own risk as home has been vacant for a while.

3 Bedrooms
3 Bathrooms
2001-2500 Sq. Ft.

MLS 62751 MLS #: 62751
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$569,000
Year Built: 2000
DETAILS
Area: Kitty Hawk between Hwys
Subdivision: Kitty Hawk Bch

LOCATION, LOCATION, LOCATION! This rental property is located RIGHT across the street from the ocean in Kitty Hawk! Enjoy the beautiful sunrise from the spacious decks! Proximity to shops and restaurants is one reason why this house rents so well! BRAND NEW hot tub located on the top deck.....enjoy the views of the Atlantic! Also enjoy the view from the kitchen, living room, bedrooms, and either of the 2 side decks. This rental property also offers a room with a pool table and tv area. Rental #'s for 2010 are $52,420!!!!!!!!! Another week in December was JUST rented!! BRAND NEW Washer and Dryer!

5 Bedrooms
4 Bathrooms
3001-4000 Sq. Ft.

MLS 57172 MLS #: 57172
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$575,000
Year Built: 1996
0.36 Acres
DETAILS
Area: Waves Oceanside
Subdivision: Sea Isle Hills

This spacious, beautiful vacation home has a lot going for it at a very reasdonable price. $50KK rents YTD 2010. Much of the property is only a few years old, including the first floor rec room with hard wood floors, pool table, wet bar, and two bedrooms and 2 baths. The second and third floors feature more spacious bedrooms, and a lovely bright great room with custom gas fireplace, a master bedroom also with a gas fire place for those cozy off season nights, and a large kitchen. The private pool and big hot tub are new too.

6 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

MLS 66721 MLS #: 66721
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$579,000
Year Built: 2001
DETAILS
Area: Nags Head between hwys
Subdivision: Coastal Cove

Priced to sell..don't miss out on this adorable coastal cottage wtih Five BR/Four Baths and all the ammenties...pool, outdoor shower, game room with pool table, hot tub and decking..beautifully decorated and a FANTASTIC Income producer! Don't miss out.....Great Price and Great Investment!!

5 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 66202 MLS #: 66202
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$589,000
Year Built: 1982
0.61 Acres
DETAILS
Area: S. N.H. East/Old Oregon R
Subdivision: Nags Head South

Reasonable Oceanfront! Wonderful Vacation Home with "opposing shed roof design with great room in the middle with two bedrooms and bath on each side.All furnishings convey with the property. Get it now and enjoy the ocean breezes this summer! Great rental history on the property! Good Dune out front. 2010 rents $58,301.75!

4 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 66922 MLS #: 66922
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$595,500
Year Built: 2010
DETAILS
Area: Corolla Westside
Subdivision: Monteray Shores

"Monteray Bay" Plan has been custom designed for this lot maximizing views and site coverage 5 master suites with 5 full baths ,2 partials One handicap friendly master.Open living area incorporates kitchen,diningand great room.Ocean views from top level and partial sond views from elevated loft.Large open decks overlooking pool area with ocean views.Large recreation room on ground floor with direct access to pool and spa area. Home Theater room pre-wired fort surround sound.Package is priced with lot and house including all permitting,planning,site preparation,pool and deck spa,driveway and parking and septic hookup.Elevator is optional,to be framed for future installation.Please see associated doc's for more detailed information including house plans ,spec sheet,survey and projected rental income.

5 Bedrooms
5 Bathrooms
3001-4000 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 66055 MLS #: 66055
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$599,000
Year Built: 2001
DETAILS
Area: Corolla Westside
Subdivision: Ocean Sands

Corolla soundside home nestled on a private lot on the Currituck Club golfcourse with beautiful golf course and ocean views from the top deck. This home has it all, awesome rec room that leads out to a spacious pool area with hot tub, picnic area, palm trees to enjoy the Outer Banks lifestyle. Home features multiple living areas throughout, spacious decks, screened porch, lovely kitchen, gas fireplace, large bedrooms and so much more. Excellent rental income, check this one out!!

6 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

MLS 66182 MLS #: 66182
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$599,000
Year Built: 2002
0.33 Acres
DETAILS
Area: 4-Wheel Drive Area
Subdivision: North Swan Bch

GREAT PRICE ! 8.85% GROSS 2009 RENT TO PRICE!! VIEWS VIEWS VIEWS!!!! Great home in North Swan popular with renters. Great price, great rents, great value! 5 bedrooms with a pool and so close to the ocean. New Carpet 2009;Fresh interior paint 2009, new porcelein tile on ground level 2009. New Pool Pump 2010;Septic permit for 14 occupancy/1500 gal tank. $53,010 2009 RENTS!

5 Bedrooms
5 Bathrooms
2501-3000 Sq. Ft.

MLS 65580 MLS #: 65580
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$599,900
Year Built: 2002
0.34 Acres
DETAILS
Area: Nags Head between hwys
Subdivision: Coastal Cove

Situated in the heart of Nags Head, this vacation home has it all with private pool, hot tub, and elevator. Handicapped features. This seven bedroom rental has double refrigerators, dishwashers, and microwaves. Close to beach access, south at Epstein St. and north about 200 yards opposite town hall House is equipped with low pressure septic system. Rental projection shows $60,000+!!

7 Bedrooms
6 Bathrooms
3001-4000 Sq. Ft.

MLS 65719 MLS #: 65719
RESIDENTIAL
(Duplex 1 - Unit)

Asking Price:
$604,300
Year Built: 1991
DETAILS
Area: S. N.H. East/Old Oregon R
Subdivision: Eighteen South

BEST PRICED OCEANFRONT ON THE MARKET! BREATHTAKING VIEW! OUTSTANDING INVESTMENT PROPERTY! JUST LOOK AT THE RENTAL NUMBERS! MOST TENANTS RETURN YEAR AFTER YEAR TO ENJOY THIS GEM! PROPERTY IN EXCELLENT CONDITION! HUGE MASTER W/ LUXURY BATH! GREAT ROOM FLOORPALN! GREAT FOR LARGE FAMILIES!BEAUTIFUL HARDWOODS THRU-OUT! ROOF & SIDING COVERED BY HOA! COMMUNITY POOL OUT YOUR DOORSTEP!

5 Bedrooms
3 Bathrooms
2501-3000 Sq. Ft.

MLS 67455 MLS #: 67455
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$624,900
Year Built: 2005
DETAILS
Area: Rodanthe Oceanside
Subdivision: Corbina Shores

Redemption is a "Semi Ocean Front" home. Beautiful decor, Pool, Excellent location, 5 bedrooms, 4.2 bathrooms, game room, loft, wood floors, granite counters, awesome views, excellent rental income producer, and the list goes on. The home was not in a rental program for the first part of last year. Give us a call for details.

5 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 66620 MLS #: 66620
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$649,000
Year Built: 2000
DETAILS
Area: Duck Oceanside
Subdivision: Port Trinitie

Pristine condition, walking distance to ocean and sound. Community ammenities include tennis and outdoor pool. Home also has private pool,hot tub and game room. Great second or investment property.

7 Bedrooms
6 Bathrooms
3001-4000 Sq. Ft.

MLS 66720 MLS #: 66720
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$649,000
Year Built: 2001
DETAILS
Area: Nags Head between hwys
Subdivision: Coastal Cove

Reduced, this is a gorgeous Seven Bedroom, Seven Bath home with all the amenities you could want. Consistantly rents well and a great reverse layout. Open and airy with lots of places to enjoy in the home, pool, pool/family room, decks, outdoor shower, hot tub and a half bath outside. Inside is decorated beautifully...A MUST SEE and income generator for this price.....

7 Bedrooms
7 Bathrooms
3001-4000 Sq. Ft.

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

Asking Price:
$655,000
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 67422 MLS #: 67422
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$695,000
Year Built: 2006
0.23 Acres
DETAILS
Area: Nags Head between hwys
Subdivision: Geo T Stronach

This gorgeous home features - elevator, private pool with lots of decking, hot tub, tower room with game table, great ocean views, 2 wet bars, 5 bedrooms - 3 masters and 3 have deck access, upgraded furnishings and decor. Great ocean views, beach access right across the street - close to Nags Head fishing pier and all the good restaurants! Plus, over $60,000 in seasonal rental income - that's a 8% return on your investment! Price is $675,000 without furnishings.

5 Bedrooms
4 Bathrooms
2501-3000 Sq. Ft.

MLS 65795 MLS #: 65795
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$699,000
Year Built: 2002
DETAILS
Area: Kill Devil Hills b/w Hwys
Subdivision: Nine Estates

NEW CARPET JUST INSTALLED!! FANTASTIC LOCATION AND PRICED TO SELL. 8 BR, 5.5 BA COMPLETE WITH A LARGE PRIVATE POOL, HOT TUB, GENEROUS REC ROOM WITH POOL TABLE, 2 LAUNDRY ROOMS, 2 REFRIGERATORS, 2 MICROWAVES, 2 DISHWASHERS, AND 10 TVS. EXCELLENT OUTDOOR SPACE WITH 4 COVERED DECKS AND A SHIP’S WATCH WITH OCEAN VIEWS. HARD TO BEAT 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 $63,500 IN CHALLENGING 2009. COMPARE THIS OPPORTUNITY FOR GRI/PP RETURN TO FORECLOSURES THAT NEED TO BE FURNISHED AND WILL MISS MOST OF THE 2010 RENTAL SEASON!

8 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

MLS 67028 MLS #: 67028
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$699,000
Year Built: 1997
DETAILS
Area: Corolla Oceanside
Subdivision: Whalehead Club

**SELLERS WILL HOLD SOME OWNER FINANCING for well qualified buyer. Almost $59,000. in gross rental income. Good Ocean views! This one has everything. Large game room with pool table, kitchenette with fridge,sink,microwave. Large pool area 16 X 32 pool, hot tub. Only 3 lots to access. 3 Master suites. Large great room with beautiful views, Gorgeous kitchen with Corian countertops, 2 dining areas. Stainless appliances. very nicely furnished. Light, airy and neutral decor with the bonus of a few pieces of art by Monet. Lots of sun decks! Volleyball area. Very popular with renters! ** 7 bdrm septic permit on file. Owners have dropped this price $100,000. What a great buy!

7 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

MLS 59271 MLS #: 59271
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$719,900
Year Built: 2006
DETAILS
Area: Corolla Oceanside
Subdivision: Vill At Oc Hill

Enjoy the Villages at Ocean Hill at this beautiful custom built home! Summer 2010 is completeley booked!! This home is newer construction featuring a gorgeous great room with incredible views o fthe Currituck Beach Lighthouse! The top level is open, light & bright with a spacious kitchen, dining area & living area. A great master suite is also located on the top floor. The second floor, (mid-level) features several more bedrooms, all beautifully decorated! Quick walk to the beach

8 Bedrooms
5 Bathrooms
3001-4000 Sq. Ft.

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