$769,000

1005 W Avalon Drive Lot 272, Kill Devil Hills, NC 27948

  • 4 beds |
  • 4 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Solid Soundside Investment Opportunity | Kill Devil Hills This custom-built Lane Home, just three years young, presents a compelling soundside investment in the heart of Kill Devil Hills—only a few homes from the water and minutes from Bay Drive. Designed for flexibility and revenue potential, the 4-bedroom, 3.5-bath layout includes a separate ground-level entrance, allowing for multiple use strategies including short-term rental, long-term rental, or owner-occupied income offset. The configuration supports privacy between living spaces while maintaining a cohesive, high-quality residence. Durability and low-maintenance ownership are prioritized with high-impact resistant windows, bamboo hardwood flooring throughout, and upgraded finishes that appeal to both renters and end users. The gourmet kitchen features quartz countertops, upgraded cabinetry, stainless steel appliances, and designer lighting—key features that consistently drive rental demand and premium pricing. All bathrooms are finished with quartz counters and custom marble showers, reinforcing a luxury feel that performs well in the vacation and second-home market. Built-in TV connections in all bedrooms and living areas, ample storage, and a secure one-car garage with keypad entry enhance tenant convenience and operational efficiency. Outdoor amenities significantly increase rental appeal, including covered and extended entertainment areas with TV hookups, privacy fencing, professional landscaping, irrigation system, and an outdoor shower. Optional ABIA membership ($35/year) provides access to Avalon Beach Parking and Avalon Soundside Park—an added value for tenants and guests. Located in a high-demand soundside corridor with access to bike paths, docks, and water access, this property offers strong positioning for consistent occupancy, long-term appreciation, and multiple exit strategies. Whether held as a cash-flowing asset, lifestyle investment, or appreciation play, this property is a turn-key opportunity in one of the Outer Banks’ most stable and desirable markets.

Listing Status:
Active
Date Added:
October 15, 2025
Data Last Updated:
April 4, 2026 at 8:57PM
Listing Office:
Nelene Gibbs Real Estate, LLC, : 757-672-3232
Listing Agent:
Nelene M Gibbs : 757-672-3232
MLS ID:
130769
  • General: Walk in Closet
  • Rooms: Pantry
  • Appliances: DishwasherMicrowaveRange/OvenRefrigerator w/Ice Maker
  • Flooring: CarpetCeramic TileMarbleWood
  • A/C: CentralHeat Pump
  • Heating: Hot Water
  • General: VinylGarage Door OpenerLandscapedOutside ShowerPatioSmoke Detector(s)Tiki BarInside Laundry Room
  • Style: Saltbox
  • Parking: Off StreetPaved
  • Roofing: Asphalt/Fiber Shingle
  • General: FrameWood
  • Road/Access: Paved
  • County: Dare
  • Zoning: RL
  • Water: Municipal
  • Sewer: Private Septic
  • Ownership: Owned More than 12 Months

This listing courtesy of Nelene M Gibbs , Nelene Gibbs Real Estate, LLC,

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

First Flight Elementary School

107 Veterans Dr, Kill Devil Hills, NC, 27948

Grades PK-5

2.51 miles away

F

First Flight Middle School

109 Veterans Dr, Kill Devil Hills, NC, 27948

Grades 6-8

2.51 miles away

F

First Flight High School

100 Veterans Dr, Kill Devil Hills, NC, 27948

Grades 9-12

2.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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