For more information on this property, contact Matthew Huband at 252-480-9283 or obxrealtors@gmail.com

40100 Reef Drive Lot 7
Avon, North Carolina NC 27915
Sold For: $400,000
Listing ID 120395
Status Sold CO OP by Member
Beds 4
Full Baths 2
Baths 2
SqFt 1,152
Acres 0.340
Year Built 1984

Property Description:

What a SOUND investment this is!! Waterfront property in Avon! Whether you are looking for a year round residence, vacation home, rental cottage pr long term investment opportunity, you do NOT want to miss this chance to own your coveted piece of Hatteras Island. This 4-bedroom, 2 full bath house is located at the end of a quiet cul-de-sac. The LARGE 15,000 square foot corner lot is bulkheaded and includes a 28' boat slip. Kayaking, swimming, fishing, crabbing, bird watching, windsurfing and kiting are all conveniently available at your front door. Shopping, dining and entertainment are all just minutes away! The unique, unobstructed views are outstanding. Put your feet up, relax and enjoy the absolutely spectacular sunsets...PRICELESS!! To make this opportunity even more attractive, the adjacent 9,500 square foot bulkheaded lot (Lot 7) is currently for sale by the same owner, offering equally incredible views and the added opportunity to own a HUGE gorgeous soundfront property. While currently utilized as a primary residence with this amazing location, this property could also be a solid rental performer...in fact our rental projection (see Associated Documents) shows rents of more than $53K!! This is truly a rare chance that you do NOT want to miss...come and visit today!!

Listing Features

Area: Avon Soundside
Subdivision: Port Avon
Waterfront Location: Soundfront
View Description: Sound
Furnishings Available: no
Bill of Sale Amount: 1
Flood Zone: AE, Shaded X
Tax Year: 2022
Taxes: 1969.98
Pool: no
Estimated Annual Rental Income: 53865
Estimated Rental Performance: 0.1347
Extras: Ceiling Fan(s), Outside Shower, Screened Porch, Storage Shed, Sun Deck, Boat Dock

Zoning Info


Listed by: Trisha Midgett from Midgett Realty - Rodanthe 252-996-0124.

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