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

40100 Reef Drive Lot 7
Avon, North Carolina NC 27915
Price: $450,000
Listing ID 120395
Status Under Contract
Bedrooms 4
Full Baths 2
Total 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
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: 0.1197
Approximate Lot SqFt: 15000
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.

© 2023 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor OBX Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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