NOT LISTED FOR SALE

41488 Portside Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,367,000 - $2,279,000

10 Beds
10 Baths
6,278 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $1,950,000 $311 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $10,450/month

10 Days on Market

Highlights

  • Views of a Sound
  • Home Theater
  • Sauna
  • Home fronts a sound
  • Heated In Ground Pool
  • Second Refrigerator

About This Home

As of April 2023

Looking for a true resort inspired vacation property with stunning waterfront and sunset views? Look no further than “Cayman Sunset”- an Outer Banks sound front oasis on Hatteras Island in the centrally located town of Avon. Enjoy four levels of Island inspired elegance and resort style amenities at this property located in one of the Outer Banks’ most popular destinations for Wind & Water sports. Featuring 10 bedrooms/ 8 bathrooms/ 2 half baths (6 ensuite with private bathrooms, 4 guestrooms with 2 shared full bathrooms), theater room, exercise room, game room, sauna, elevator, screened porch, and sound front hot tub, pool & Tiki Bar overlooking a sandy, private waterfront beach, this turnkey property has all the discerning investor could want in a vacation home including outstanding rental income. The top level of the home brings panoramic, unobstructed views of the Pamlico Sound from the open floor plan which encompasses the family room with fireplace and cathedral ceiling, the adjacent multiple dining areas, and the spacious kitchen boasting On-Demand hot water, a Libeer Refrigerator, double wall ovens, two dishwashers, a center island with cooktop, pantry, granite clad counters and additional breakfast bar seating. The top level sun deck offers breathtaking water views as well as a front row seat to amazing OBX sunsets. The primary ensuite (B1) on this level offers a private bath with amenities such as double vanities, jetted tub, custom tiled shower, and separate water closet. The next level features two sound front ensuite bedrooms with covered deck access (B2 & B3), another sound front guestroom (B4) also with covered deck access which shares a full bathroom with another large guest bedroom (B5). Also on this level is the impressive Theater Room with multiple tiers of reclining theater seats for that true movie goer experience. Two more ensuite bedrooms (B7 is handicap friendly & B8) with sound front covered deck access await on the next level, as well as an additional sound front guest room (B6) which shares a full bath with the final guest room on this level (B9) which has access to a covered front deck. The convenient laundry room is also on this level and features two double stack washer/dryer units, ample counter and cabinet space, and a large wash basin. The final ensuite (B10) with two pyramid bunks and private bath is on the bottom level. This level is showcased by the home gym featuring several types of equipment for the workout enthusiast, along with the in-home sauna. There is also a half bath, and spacious game room with kitchenette that looks out to the pool area. The screened porch, Tiki Bar, outside shower and hot tub are just a few steps outside and transition to the lovely sound front pool. Party around the pool listening to Island beats via the outdoor sound system or simply relax on one of the many decks and watch the windsurfers and kiteboarders enjoying the waters of the Pamlico sound. Chock full of conveniences (2 On Demand water heaters, surround sound, outside shower, gas fireplace, ice maker, half baths on both top and bottom levels, new flooring and sectional on the top level, and so much more), “Cayman Sunset” has it all- commanding water views and breathtaking sunsets, luxury, space, and location. Situated on a cul-de-sac in the community of Kinnakeet Shores, this well maintained vacation home enjoys the Kinnakeet HOA amenities of a sound side Olympic-sized pool, kiddie pool, and two tennis courts. The property is also located near shopping, restaurants, and the Avon Pier. Look no further, this home has it all!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/09/2023

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Andy Tucker

Beach House Brokers, LLC License #249929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,109

Year Built

  • Built in 2005

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 140'x40'
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Property is zoned R-2

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 6,278 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Sauna
  • Views of a Sound
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Association fees include pool, tennis courts, walkways
  • Pat Weston Association, Phone Number (252) 305-1705
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,109

Year Built

Built in 2005

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: NC-12 south to right onto Kinakeet Blvd, keep left to stay on Starboard Dr; at the traffic circle take the 3rd exit onto Pony Pasture Dr, turn left onto Portside Dr.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Sauna, Sun Deck, Tiki Bar, Dry Entry
  • Flood Zone: AE, Shaded X
  • Subdivision Name: Kinnakeet Shores- Phase 22
  • Headline: Soundside Spectacular!
  • Heated Sq Ft: 6278
  • L V T Date: 02/09/2023
  • Phase: 22
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: R-2
  • Advertised Income 2020: 164087
  • Deed Book Pg Number: 0171
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Microwave, Refrigerator w/Ice Maker, Wall Oven, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound, Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Tennis Courts, Walkways
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1050
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705

Lot Info

  • Estimated Lot Sq Ft: 5600
  • Lot Description: Cul-de-sac, Level, Water Frontage
  • Lot Size: 140'x40'
  • Lot Number: Lot 8
  • Estimated Lot Size: 0.13
  • Deed Book: 1608

Rental Info

  • Est Annual Rental Income: 194202
  • Estimated Rental Performance: 0.0996
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Cayman Sunset
  • Rental Cottage Number: #8-22
  • Rental Turnover Day: SUNDAY
  • Rental Contact Email: Beth.Humbecht@vacasa.com
  • Rental Contact Name: Beth Humbecht

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2022
  • Taxes: 8109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Vernon Smith Revocable Trust and Smith Richard Vernon
Bought by
Smith Richard Vernon
Current Estimated Value
$1,789,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,000
Outstanding Balance
$1,246,938
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$542,978

Purchase Details

Closed on
Jan 6, 2005
Sold by
Outerbanks Kinnakeet Inc
Bought by
Demarco Donald F and Demarco Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,075
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Richard Vernon $500 None Listed On Document
Demarco Donald F $883,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Richard Vernon $1,248,000
Previous Owner Vernon Smith Revocable Trust $1,107,500
Previous Owner Demarco Donald F $740,200
Previous Owner Idemaco Donald F $1,650,000
Previous Owner Demarco Donald $795,075
Previous Owner Demarco Donald F $385,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,950,000 -2.3% $311 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $1,995,000 -- $318 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,214 $1,264,100 $223,100 $1,041,000
2023 $8,214 $1,305,740 $223,100 $1,082,640
2022 $8,084 $1,305,740 $223,100 $1,082,640
2021 $7,979 $1,305,740 $223,100 $1,082,640
2020 $7,282 $1,305,740 $223,100 $1,082,640
2019 $7,187 $1,065,100 $222,300 $842,800
2018 $7,214 $1,065,100 $222,300 $842,800
2017 $7,187 $1,065,100 $222,300 $842,800
2016 $6,744 $1,065,100 $222,300 $842,800
2014 $6,744 $1,065,100 $222,300 $842,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121408

Outer Banks Association of REALTORS®

APN: 014822236