Best Buy Today-Oceanfront Just Reduced!
Looking through the new and reduced listings on our Outer Banks MLS today, I think the best buy is MLS #59995 listed by Trish Midgett. This home was just reduced from $925,000 and is really a bargain for those looking for an Oceanfront property with a lot of room for appreciation in the next few years.
This is a 5 bedroom, 5 1/2 bath home built in 1992 (but looks newer) and is just under 3,000 square feet with a hot tub and a private pool. The dune line here in peaceful Salvo is enormous and will protect your investment, unlike many pockets of the Outer Banks with Oceanfront erosion. It's well decorated and does just under $60,000 in rental income consistently every year.
I personally love Hatteras Island if you can find a property that is well protected with a nice double dune. Seventy-five percent of the entire Island is protected by the National Park Service and can never be developed. There just aren't many places like this left in today's modern world and this is truly a place where you can unwind and connect with family, friends and the beauty of the Outer Banks.
Call me for more information or if you'd like to see this property-what a great value!