1303,1305,1307, S Virginia Dare Trail Lot 2,3,4,5, Kill Devil Hills, NC 27948

240266390 36.003128 -75.64974 167 /listing/240266390-150071074/130313051307-s-virginia-dare-trail-lot-2345-kill-devil-hills-nc-27948 False 0 4933300.0 102 105256 False
  • $4,933,300
  • 200 X 600 lot
  • Est payment $26483.02/mo

Property & Neighborhood Info

Courtesy Of Eddie Goodrich, Village Realty Holdings, LLC - NH

Vacant Land in Kill Devil Hills

This large oceanfront parcel is being sold as a Cottage Court or a Cluster Housing Project consisting of 17 four bedroom four and one-half bath houses. Both uses are now permitted uses in the Town of Kill Devil Hills. There will be 4 oceanfront cottages and 13 oceanside cottages and a 1200 sqft oceanfront pavilion for the use of all residents. All parking will be under the units. As Cluster Housing the units can be sold individually and as a Cottage Court they must be owned by a single entity. Rare opportunity to develop 4 adjacent oceanfront lots on a wide area of the KDH beach. The property currently has 7 homes with profitable rental income. This would be the first Oceanfront Cluster Home Development on the Outer Banks! Other uses include hotels, multifamily, lot coverage 55%, maximum height 50 feet and up to 0.50 floor area ratio.

Courtesy Of Eddie Goodrich, Village Realty Holdings, LLC - NH
  1. 200 X 600 Lot

Main Features

  • Listing Status: Active
  • County: Dare
  • Taxes: $22,200.66
  • Tax Year: 2018
  • Zoning: OIR
  • Subdivision: Kill Devil Bch
  • MLS Number:105256

Additional Features

  • Property Type:
    • Residential
  • View:
    • Ocean
  • Flood Zone:
    • VE
  • Lot Description:
    • Beach Frontage
    • Common Area
    • Level
    • Water Frontage
  • Waterfront:
    • Oceanfront
  • Electric:
    • Available
  • Sewer:
    • Private Sewer
  • Access Road:
    • Paved
    • Public
  • Amenities:
    • Boardwalk to Beach
    • Common Area
    • Ocean Access
  • Showing Instructions:
    • Call Agent
    • Listing Agent Must Acc.
  • Water:
    • Municipal
  • Bank Owned:
    • No
  • Documents On File:
    • Land Survey
    • Recorded Plat
  • Financing:
    • Cash
    • Conventional
  • Potential Short Sale:
    • No
  • Sale Rent:
    • For Sale
  • HOA Fee:
    • No
  • Ownership:
    • Owned More than 12 Months
  • Possession:
    • Closing
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Pirate's Cove Realty
Pirate's Cove Realty
(252) 473-1451
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1303,1305,1307, S Virginia Dare Trail Lot 2,3,4,5 Kill Devil Hills, NC 27948

240266390 36.003128 -75.64974 167 /listing/240266390-150071074/130313051307-s-virginia-dare-trail-lot-2345-kill-devil-hills-nc-27948 False 0 4933300.0 102 105256 False
  • $4,933,300
  • 200 X 600 lot
  • Est payment $26483.02/mo