For Sale
$900,000

40319 Gulls Cry Rd Avon, NC 27915

High-return Outer Banks investment.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional oceanfront property in Avon, North Carolina, presents a lucrative investment opportunity. Built in 1984, this 4-bedroom, weekly short-term rental cottage sits on a 10,000 sq ft lot zoned R-1. Boasting stunning ocean views and direct beach access, the property features a spacious great room with a cathedral ceiling and abundant natural light. The upper level offers a large deck perfect for enjoying the ocean breeze. Downstairs, you'll find all four bedrooms, two bathrooms, another oceanfront deck connected to two bedrooms and complete with a hot tub, and a convenient laundry area. Additional amenities include carport parking, an outdoor shower, and a fish-cleaning table. Its prime Outer Banks location provides easy access to shopping, dining, and other attractions. The property has a proven track record, generating over $67,000 in rental income annually (May-November), with an open calendar for maximizing potential earnings. This turnkey operation offers a rare chance to acquire a highly profitable coastal investment property. The property's strong rental history and desirable location make it an ideal addition to any investment portfolio. The asking price is $900,000.

Highlights

  • Highly profitable Outer Banks vacation rental generating over $67,000 annually (May-November).
  • Prime Avon, NC Outer Banks location.
  • Short-term rental opportunity with open calendar for maximized income potential.
  • Oceanfront property with direct beach access.
  • Four-bedroom, two-bathroom home with ocean views.
  • Features include decks, hot tub, carport parking, and outdoor shower.

Property Details for 40319 Gulls Cry Rd

Property type
Hospitality properties
Year Built
1984

Location Insight

City
Avon
County
Dare
State
North Carolina
Latitude
35.354098
Longitude
-75.5002551

FAQs

What type of property is this?
Hospitality property - High-return Outer Banks investment.
Where is the hospitality property located?
The property is located at 40319 Gulls Cry Rd Avon, NC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Highly profitable Outer Banks vacation rental generating over $67,000 annually (May-November).; Prime Avon, NC Outer Banks location.; Short-term rental opportunity with open calendar for maximized income potential.
How can I contact the broker?
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40319 Gulls Cry Rd
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