Outer Banks Foreclosure For Sale - Nags Head, Corolla, Duck, Manteo, Kitty Hawk, Kill Devil Hills, Hatteras and Ocracoke - Real Estate Outer Banks, NC

Outer Banks Foreclosures - Known as Bank-owned, REOs, Repos or foreclosures these all mean the same thing. OBX Foreclosures have been repossessed by the lender, and they hire a real estate broker to market the property on the Outer Banks MLS. Foreclosed beach homes are typically sold unfurnished. Once Under Contract with the bank, most buyers hire a home inspector ($400-$500), a pest inspector ($250) and maybe a pool and spa inspector ($125) to find out the true condition of these repossessed bank properties. These OBX homes are sold "As Is" by the bank, meaning repairs are the responsibility of the buyer after closing. Corolla, Nags Head, Colington, Duck, Martins Point, Southern Shores and Hatteras have excellent foreclosure deals on local bank owned homes. OBX foreclosures are the most sought after segment of Outer Banks real estate right now. See below for current listings of Bank Owned and Foreclosed Homes on the Outer Banks, NC.

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MLS #: 71500 LOTS/LAND (Acreage) Asking Price: $1,260,000 DETAILS Area: Southern Shores Westside Subdivision: None BANK OWNED! Over 5 acres of commercially zoned property with close to 900' of road frontage on Croatan Highway, the only road leading onto the Outer Banks from the North. The property was previously approved with building permits pulled for "The Cove at Southern Shore", a planned 35 unit condominium development. Site plan and building permit have expired but could be renewed if buyer was to proceed with the approved project. Property sits along Ginguit Creek. Stormwater and CAMA Major permits have been approved per Southern Shores town planner. MLS #: 68094 LOTS/LAND (Commercial) Asking Price: $999,000 DETAILS Area: Pt. Harbor to Powells Pt. Subdivision: None Approximately 25 Acres on Caratoke Hwy and W Mobile Rd. Great Development Potential! MLS #: 71904 COMMERCIAL/INDUSTRIAL (Office) Asking Price: $999,000 Year Built: 2005 DETAILS Area: Southern Shores Westside Subdivision: Martin's Point Bank Owned Office Building offers over 8,000 sq feet of Top Quality Spaces. Five Suites, 50 Parking Spaces, Elevator and Lounge Areas. This is a high quality commercial space that has been well constructed and maintained. Four of the Five Suites are currently Occupied by Tenants. Great Opportunity in a Great location at the foot of the Wright Memorial Bridge. MLS #: 70180 RESIDENTIAL (Single Family - Detached) Asking Price: $949,000 Year Built: 2003 DETAILS Area: Martins Point Subdivision: Martin's Point Incredible 5200+ sq ft custom home with 200ft of waterfront in exclusive Martin’s Point. This former builder’s primary residence was meticulously constructed, landscaped, and is ready for a new owner’s own personal touch. This estate features Cherry hardwood floors, 10 ft ceilings, custom office with extensive woodwork and fireplace. The chef’s gourmet kitchen has granite countertops, island, and walk-in pantry. Every room from the sunroom, greatroom, bedrooms, and upstairs pub have exceptional waterfront views. The first floor also boasts an elegant oversized master suite with custom tile shower, sunken tub, dual vanity, walk in closet and own washer and dryer hook ups. The top floor has a former pub, billiards room, and two guest rooms with private baths. There is a two car garage with large separate apartment above with 1 BR, 1BA and living area. Not detail was overlooked at this home where you can sit by the pool and look out over the well landscaped yard onto the water. Priced appropriately for its cosmetic condition, this bank-owned property will need some enhancements and appliances from new owner but costs should be minimal. Situated on two waterfront lots, This home includes a pier with multiple boat lifts and hook-ups. Special financing being offered to qualified Buyers. 4 Bedrooms 4 Bathrooms 6001-7000 Sq. Ft. MLS #: 73016 RESIDENTIAL (Single Family - Detached) Asking Price: $925,000 Year Built: 2005 0.51 Acres DETAILS Area: Hatteras Oceanside Subdivision: Atlantic View Estates Large Spacious Ocean Front home located in Cape Hatteras - located close to the ferry and shopping - you will not want for anything when you stay in this home. Plenty of room for the family to spread out and relax inside and out. Nice lower level game room with cook top stove, refrigerator, and dishwasher. Large decks on the front and back to extend entertaining. Large pool and walk to beach from your back door. Elevator adds to the luxuary of this home. View from every direction brings the outside in to this one. Take a look today - all you need to do is add your personal furnishings and you will be ready for the 2012 rental season - numbers were great on this home - stayed booked in season! 8 Bedrooms 8 Bathrooms 5001-6000 Sq. Ft. MLS #: 72857 RESIDENTIAL (Single Family - Detached) Asking Price: $919,000 Year Built: 2005 DETAILS Area: Southern Shores Westside Subdivision: Southern Shores **NOTE** SELLER HAS ACCEPTED OFFER. WAITNG ON PAPERWORK**THIS MAGNIFICENT 7 BEDROOM 7 FULL AND 3 HALF BATH PROPERTY HAS BEEN ONE OF THE PREMIER PROPERTIES FOR LARGE WEDDINGS WITH ITS GRAND 6335 SQUARE FEET. SITED ACROSS THE STREET FROM THE OCEAN AND FEET FROM THE ACCESS CROSSING, IT HAS NUMBEROUS ENTERTAINMENT AREAS INCLUDING THEATRE, PLAYSTATION ROOM, BILLIARDS ROOM, POKER ROOM, DECKS AND SUN DECKS GALORE, HUGE HEATED SWIMMING POOL, TIKI BAR AND MUCH, MUCH MORE. THE KITCHEN IS SPACIOUS AND HAS HIGH END APPLIANCES WITH SILSTONE COUNTER TOPS. THE GREAT ROOM HAS SOARING CEILINGS OF GLASS AND WINDOWS TO TAKE ADVANTAGE OF THE FANTASTIC OCEAN VIEWS. EACH BEDROOM HAS A PRIVATE FULL BATH. THE ELEVATOR WILL TAKE YOU FROM THE DUAL GARAGE LEVEL TO THE UPPER LEVEL. SUN REALTY ESTIMATES GROSS INCOME ON THIS BEAUTIFUL PROPERTY TO BE 108k!! THIS HOME MUST BE SEEN TO BE APPRECIATED! DON’T WAIT! 7 Bedrooms 7 Bathrooms 6001-7000 Sq. Ft. MLS #: 70450 RESIDENTIAL (Single Family - Detached) Asking Price: $849,000 Year Built: 2007 DETAILS Area: Martins Point Subdivision: Martin's Point The only way I can describe this Stormont built home is PRIME! Home has everything you are looking for and must be seen to truly appreciate the beauty! Make sure you plan to see this house, it will blow you away! 4 Bedrooms 4 Bathrooms 4001-5000 Sq. Ft. MLS #: 67098 LOTS/LAND (Residential) Asking Price: $799,000 DETAILS Area: Kill Devil Hills Oceansde Subdivision: None Bank Owned OCEANFRONT Road to Ocean lot in Kill Devil Hills. Nice Deep, Generous 51' lot with high dune to build a vacation home with all the amenities. Lot is so large, it should support a 10-12 Bedroom HOME! Neighboring lot also available. MLS #: 67099 LOTS/LAND (Residential) Asking Price: $799,000 DETAILS Area: Kill Devil Hills Oceansde Subdivision: None Bank Owned OCEANFRONT Road to Ocean lot in Kill Devil Hills. Nice Deep, Generous 51' lot with high dune to build a vacation home with all the amenities. Lot is so large, it should support a 10-12 Bedroom HOME! Neighboring lot also available. MLS #: 66485 RESIDENTIAL (Single Family - Detached) Asking Price: $795,000 Year Built: 1983 5.7 Acres DETAILS Area: Rodanthe Soundside Subdivision: None Bank Owned Soundfront Parcel, Over 5 Acres! Lots of Possibilities for this large waterfront Acerage with 3 Bedroom/2 Bath cottage. 3 Bedrooms 2 Bathrooms 1001-1500 Sq. Ft. MLS #: 71930 RESIDENTIAL (Single Family - Detached) Asking Price: $639,000 Year Built: 2007 DETAILS Area: Kill Devil Hills b/w Hwys Subdivision: Kill Devil Bch Bank Owned Vacation Home in Kill Devil Hills. This Location Fronting the Beach Road is perfect for this Five Bedroom, Five and a Half Bath Vacation Rental with Private Pool and ELEVATOR. Great performer with Wood Floors and nice views. 5 Bedrooms 5 Bathrooms 2501-3000 Sq. Ft. MLS #: 72781 RESIDENTIAL (Single Family - Detached) Asking Price: $599,000 Year Built: 2007 DETAILS Area: Kill Devil Hills b/w Hwys Subdivision: Kill Devil Bch Bank Owned! Fronts Beach Road in Kill Devil Hills with Splendid Ocean Views. This home was built for Vacationing. ELEVATOR, Private Pool, Five Bedrooms, Five and a Half Baths and a Game Room and Wood Floors. This home has been successful as a Vacation Rental, it is currently unfurnished. Sign her up now to begin booking for 2012 and the income is sure to flow! 5 Bedrooms 5 Bathrooms 2501-3000 Sq. Ft. MLS #: 68095 LOTS/LAND (Commercial) Asking Price: $599,000 DETAILS Area: Pt. Harbor to Powells Pt. Subdivision: None Bank Owned Commercial Acreage with access to Caratoke Hwy. 225' on Caratoke Hwy and 1100' along Golf Course. Property adjoins Pointe Golf course at 16th Hole. Approximately 23 Acres, great Potential! MLS #: 73056 RESIDENTIAL (Single Family - Detached) Asking Price: $560,000 Year Built: 2007 0.4 Acres DETAILS Area: Salvo Soundside Subdivision: Affie's Oaks 2007 SOUNDSIDE LUXURY 4900S.F. 7 BEDROOM LUXURY LINER WITH HUGE SOUNDFRONT VIEWS. QUALITY CONSTRUCTION BY MATT HALL. POTENTIAL UNLIMITED. THEATRE ROOM. SOUNDFRONT POOL + TIKKI BAR. AFFIE'S OAKS SUBDIVISION HAS SOUNDFRONT EASEMENT FOR PIER CONSTRUCTION. PIER NOT IN PLACE. $60K RENTS PLUS FOR PROJECTIONS. THIS IS THE ONE FOR YOUR FAMILY. 7 Bedrooms 7 Bathrooms 4001-5000 Sq. Ft. MLS #: 73281 COMMERCIAL/INDUSTRIAL (Multi Unit) Asking Price: $529,500 Year Built: 1950 DETAILS Area: Manteo-S. of Airport Road Incredible potential with this income producing property. Ground floor commercial divided into two units, back space currently occupied by church, front space previously occupied by an antique shop. Second floor has two 2-bedroom apartments, both currently occupied. All tenants are on a month-to-month lease in the event buyer wants to occupy. Apartments lease for $650/month each and church lease for $1500 + $175/month for electricity. Apprx. annual income $35K+. Building was renovated in mid-80's to include new electrical, plumbing, & HVAC plus new roof on middle building section. MLS #: 69953 COMMERCIAL/INDUSTRIAL (Other) Asking Price: $525,000 Year Built: 1982 DETAILS Area: Kill Devil Hills Westside Subdivision: None BANK OWNED & PRICED TO SELL! Formerly Better Beginnings Day Care and Sea Me Grow Daycare, these two 5,000/SF buildings have multiple classrooms, food prep areas and fenced play ground areas. Great opportunity as day care and/or learning facility, or both, as well as great potential as office space. Situated at mile post 5 on the Kitty Hawk/Kill Devil Hills line, the heart of the major commercial activity of the Outer Banks. Property consists of 1.47 acres and is easily accessed from US 158/Croatan Highway. MLS #: 68650 RESIDENTIAL (Single Family - Detached) Asking Price: $524,900 Year Built: 2010 DETAILS Area: Avon Soundside Subdivision: Kinnakeet Shore Custom designed lakefront new construction. Located just 2 lots from oceanfront, this custom-built waterfront home offers views of both the ocean & the sound. Buyers will be delighted with the quality of construction and the opportunity to purchase a home that has never been occupied. Local shops, restaurants, the community pool & tennis courts are within easy walking distance. Be sure to place this home on your high priority list of "must see" properties. 5 Bedrooms 4 Bathrooms 2501-3000 Sq. Ft. MLS #: 68942 RESIDENTIAL (Single Family - Detached) Asking Price: $520,000 Year Built: 2007 DETAILS Area: Rodanthe Oceanside Subdivision: Estates at Hatteras Island Bank Owned Rodanthe home. Six Bedrooms, Five and a Half Baths Vacation home with Elevator, Private Pool and Ocean and Sound Views. 6 Bedrooms 5 Bathrooms 4001-5000 Sq. Ft. MLS #: 68943 RESIDENTIAL (Single Family - Detached) Asking Price: $520,000 Year Built: 2007 DETAILS Area: Rodanthe Oceanside Subdivision: Estates at Hatteras Island Bank Owned Vacation Home at The Estates at Hatteras Island. Six Bedrooms, Five and a Half Baths, Private Pool, Elevator, Nice Views of the Ocean and Sound waters. 6 Bedrooms 5 Bathrooms 4001-5000 Sq. Ft. MLS #: 68337 LOTS/LAND (Commercial) Asking Price: $500,000 DETAILS Area: Pt. Harbor to Powells Pt. Subdivision: None Primarily wooded, high, buildable 31.5 acres located on the east side of Caratoke Highway. Please use PIN Number 0124000105C0000 to pull up map. Correct tax ID Number is 0124000107C0000. Search All Listings 1 2 3 4 5 6 7 8 9 10 11 12 Adam Burkhimer , Broker in Charge , REALTOR, ABR, SFR, RSPS 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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