301 W Ocean Acres Dr Kill Devil Hills, NC 27948
Estimated payment $3,066/month
Highlights
- Second Refrigerator
- Cottage
- Laundry Room
- Wooded Lot
- Home Office
- Second Dishwasher
About This Home
Single-Family Home with Roommate Rental Potential! This beautifully renovated single-family residence in Ocean Acres offers exceptional flexibility for owner-occupants. The home is not a multi-unit property but a single dwelling with a layout that supports roommate-style living, ideal for maximizing rental potential. The main level features a spacious three-bedroom, two-bath configuration with modern finishes, luxury vinyl flooring, and an open-concept living area. On the lower level, the home includes two thoughtfully designed private living areas that can be rented to roommates: one area consists of a bedroom, full bath, flex space or office, private entrance, kitchenette, and in-unit laundry; the other offers a one-bedroom suite with a full bath and a great room with a kitchenette. These spaces are integrated within the single-family structure and do not constitute separate dwelling units. Additionally, a leased storage shed or workshop on the property provides supplemental income. The home generates approximately $66,000 annually in rental income. All renovations were completed with proper permits and full town approval, ensuring full compliance with local building codes and zoning regulations. Located near the Nags Head Woods Nature Preserve and the Ocean Acres stoplight, this property provides convenient access to shopping, dining, and the best of the Outer Banks lifestyle. With its strong rental appeal and strategic location, this single-family home presents a rare opportunity for long-term growth and reliable returns. There is only one meter. The home is a modular single-family home. Price change due to the county assessor's correction in classification.
Listing Agent
Coldwell Banker Seaside Realty - KDH Brokerage Email: hvandermyde@gmail.com License #207518 Listed on: 10/14/2025

Co-Listing Agent
Coldwell Banker Seaside Realty - KDH Brokerage Email: hvandermyde@gmail.com License #358199
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,857
Year Built
- Built in 1973
Lot Details
- 0.29 Acre Lot
- Level Lot
- Wooded Lot
- Property is zoned RL
Home Design
- Cottage
- Slab Foundation
- Wood Siding
- Vinyl Siding
- Modular or Manufactured Materials
- Piling Construction
Interior Spaces
- 3,064 Sq Ft Home
- Home Office
- Library
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Second Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Unpaved Parking
- Off-Street Parking
Utilities
- Multiple cooling system units
- Mini Split Heat Pump
- Municipal Utilities District Water
Community Details
- Ocean Acres Tract 3 Subdivision
Listing and Financial Details
- Tax Block G
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/14/2025 10/14/25 | For Sale | $549,000 | +4.6% | $179 / Sq Ft |
10/06/2025 10/06/25 | Price Changed | $525,000 | -12.5% | $171 / Sq Ft |
08/29/2025 08/29/25 | For Sale | $599,900 | -- | $196 / Sq Ft |
Source: Outer Banks Association of REALTORS®
MLS Number: 130761

APN: 008479000
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