$665,000
SOLD NOV 24, 2025

74 Lake Dr Ocracoke, NC 27960

3 Beds
2.5 Baths
1,399 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$475 Per Sq Ft

11% Below List Price

90 Days on Market

Highlights

  • Pond View
  • Subterranean Parking
  • Property fronts a marsh
  • Ocracoke School Rated 9+
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of November 2025

Neatly nestled in Ocracoke's newest neighborhood, this 3 bedroom, 2.5 bathroom home has everything you could need in a beach abode. Find peace and solitude towards the end of this dead end private road. Newly built in 2018, currently being offered by the original owners, acutely cared for and maintained. "Conched Out" offers everything you would expect to find in a modern coastal residence. Expansive salt marsh, salt pond, and ball field views. One can experience how right this feels looking out over right field from the covered front porches. Nature is right around the corner at the Loop Shack Hill nature trail! And still right in the mix of Ocracoke's most notorious restaurants, eateries, and favorite local hangouts, all while being off the beaten path! The neighborhood offers a mix of year-round residences and vacation rentals. This home would be perfect as a vacation rental or primary/secondary home. Proven rental history year after year with steady existing clientele. Don't miss your chance to own a slice of paradise in this newer constructed island home!

Last Agent to Sell the Property

William Adams

The Rich Company of Ocracoke/OBX License #336776 Listed on: 07/11/2025

Last Buyer's Agent

Daphne Bennink

Ocracoke's Lightship Realty License #120559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,679

Year Built

  • Built in 2018

Lot Details

  • 6,969 Sq Ft Lot
  • Property fronts a marsh
  • Property fronts a private road

Parking

  • Subterranean Parking

Home Design

  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,399 Sq Ft Home
  • Pond Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Septic Tank

Community Details

  • Built by David Hines

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,679

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: Traveling south on Hwy 12 turn right on West End Rd, gravel road. Take first right on Central Dr. Take first left on Lake Dr. House is 3rd house on the right - "Conched Out."
  • Headline: Expansive Views
  • Zoning: None
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Gravel, Private, Unpaved
  • View Type:Pond View: Pond, Salt Marsh
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Roof: Asphalt
  • Waterfront Features: None
  • Builder Name: David Hines
  • Construction Type: Wood Siding
  • Foundation Details: Piling
  • Exterior: Shakes

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Municipal

Lot Info

  • Lot Size Sq Ft: 6969.0

Building Info

  • Year Built: 2018

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4679.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Nov 20, 2025
Sold by
Luffy Terry W and Luffy Catherine M
Bought by
Coleman Steven M and Coleman Rebecca B
Seller's Agent
William Adams
The Rich Company of Ocracoke/OBX
Buyer's Agent
Daphne Bennink
Ocracoke's Lightship Realty
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%
Views
262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$498,750
Outstanding Balance
$498,750
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$175,884

Purchase Details

Listed on
Aug 6, 2018
Closed on
Nov 9, 2018
Sold by
Coastal Nc Holdings Llc
Bought by
Luffy Terry W and Luffy Catherine M
Seller's Agent
David Hines
Howard Hanna Outer Banks Realt
Buyer's Agent
Stephanie Doshier
The Doshier Team OBX Realty
List Price
$385,000
Sold Price
$402,404
Premium/Discount to List
$17,404
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$355,500
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $665,000 None Listed On Document
Warranty Deed $402,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,750 New Conventional
Previous Owner $355,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $665,000 -4.3% $475 / Sq Ft
10/09/2025 10/09/25 Pending -- -- --
08/28/2025 08/28/25 Price Changed $695,000 -7.3% $497 / Sq Ft
07/11/2025 07/11/25 For Sale $750,000 +86.4% $536 / Sq Ft
11/09/2018 11/09/18 Sold $402,404 +4.5% $287 / Sq Ft View Prior Sale
08/06/2018 08/06/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $385,000 -- $275 / 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 $4,679 $497,740 $174,960 $322,780
2023 $3,398 $375,336 $115,000 $260,336
2022 $2,976 $325,211 $115,000 $210,211
2021 $2,650 $325,211 $115,000 $210,211
2020 $2,569 $325,211 $115,000 $210,211
2019 $897 $325,211 $115,000 $210,211
2018 $897 $115,000 $115,000 $0
2017 $1,521 $234,000 $234,000 $0
2016 $95 $234,000 $234,000 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 129865

Outer Banks Association of REALTORS®

APN: 9500680091