Browse All Kitty Hawk NC Between $400K - $500K Properties for Sale

Excellent investment opportunity just a short walk from the beach! This income-producing property offers two separate rental units with established rental history, making it an ideal addition to an investment portfolio or an excellent option for an owner seeking supplemental rental income. The upper-level unit features three spacious bedrooms and two full bathrooms with a comfortable, well-designed floor plan that appeals to long-term tenants. This unit is currently occupied by a reliable long-term renter paying $2,250 per month, providing immediate, consistent cash flow. The lower-level unit offers a one-bedroom, one-bath layout complete with a living area and kitchenette. It is also long-term tenant occupied for $1250/mo. Together, the property produces $3,500 in monthly rental income with both units already leased. Inside, both units are in nice, move-in-ready condition, allowing a new owner to continue collecting rental income without the need for significant interior improvements. The functional layouts, well-maintained interiors, and proximity to the beach make this property attractive to both current and future tenants. The exterior presents an opportunity for value-added improvements. The home will benefit from replacement of the siding, exterior deck, and stairs, providing the next owner with the chance to enhance curb appeal while increasing the property's long-term value. The owner is currently cleaning and improving the yard, further enhancing the outdoor space. Adding to its appeal, the property offers a beach view and is located within an easy walk of the shoreline, allowing tenants to enjoy coastal living without the premium price of direct waterfront ownership. This desirable location supports strong rental demand and long-term investment potential. Whether you're looking to expand your rental portfolio, generate immediate income, or invest in a property with upside potential, this duplex offers an appealing combination of established cash flow, desirable location, and future improvement opportunities. Don't miss the chance to own a versatile coastal investment with steady income and room to add value.

3935 Smith Street, Kitty Hawk

Listing courtesy of Howard Hanna Outer Banks Realty.

$410,000

3 Beds ⋅ 2 Baths

Endless Potential – Sold As-Is! If you've been searching for a home with great bones, generous living space, and an incredible opportunity to add your own finishing touches, this is the one! The seller has completed many of the major improvements but has decided not to finish the remaining rehabilitation, creating an excellent opportunity for homeowners, investors, or anyone looking to customize a property to their own style and preferences. This spacious 3-bedroom, 2 full-bath home offers a comfortable layout with generously sized rooms and exceptional closet space throughout. Freshly repainted on the interior, the home has already received several updates, allowing you to focus on completing the finishing details that match your vision. Recent improvements include: Fresh interior paint throughout New carpet in all bedrooms and hallway New luxury vinyl plank (LVT) flooring in the sunroom Some new light fixtures New sliding glass door leading to the backyard New front and rear steps with new handrails Some new decking Roof replaced in 2019 (per seller) 1,000-gallon septic system replaced in 2016 (per seller) One of the property's standout features is the impressive approximately 1,600-square-foot three-bay garage. Whether you're a car enthusiast, contractor, hobbyist, or simply need abundant storage, this versatile space offers endless possibilities. It may also provide potential for additional living space, a workshop, studio, or recreational area, subject to buyer verification and any applicable local zoning or permitting requirements. Outside, you'll appreciate the generous outdoor space and the recent exterior improvements that enhance both safety and functionality. This property is being sold strictly As-Is, and the seller will make no additional repairs or complete the remaining rehabilitation. That's reflected in the opportunity this home offers—bring your imagination, add your personal finishing touches, and create the home you've always envisioned. Whether you're looking for a primary residence, an investment property, or a project with tremendous upside, this home is packed with potential. Schedule your private showing today and come see everything this property has to offer!

908 W Kitty Hawk Road, Kitty Hawk

Listing courtesy of World Class Realty & Associate.

$497,000

2 Beds ⋅ 3 Baths

View July 19th or the 24th as it is renting! This 2-bedroom,2.5 baths get away sits oceanside in the amenitized community of Sea Dunes! Featuring a community pool, community tennis, workout room, and steps from the beach, you can drop your bags. No yard to weed, nothing to trim and don't want to cook? You are within half a mile (or less walk it if you wish) to Hurricane Mo's, Black Pelican, Two Roads Tavern and the Dunes Shoppes right at the ready. Fisherman? TW's is right at the stoplight. Classic summer stay. Rained out for the day? The garage with its 11x 29-foot available space could provide an option for a game area. A reverse floorplan serves the kitchen, dining, and ocean facing deck with complete with new polywood furniture. Primary sleeping is a floor below with a covered deck off the ensuite bedroom. Second bedroom currently is set up for family. Whether looking to rent, hide a way, or both, this property can offer just that!

3836 N Virginia Dare Trail, Kitty Hawk

Listing courtesy of Real Broker, Llc.

$425,000

Your dream home starts here! This spacious .45-acre vacant lot in Martins Point offers a private, serene location in a gated Outer Banks community. With endless possibilities to design the home you’ve always wanted, it’s the perfect spot to embrace coastal living and all that Martins Point has to offer.

3005 Martins Point Road, Kitty Hawk

Listing courtesy of Keller Williams - Outer Banks.

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Between $400K - $500K Kitty Hawk Real Estate

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