Outer Banks, NC Real Estate Resource
Actual ocean views, nice deck space, screened porch, sunny and bright interior, top floor bedroom, easy flow floor plan, awesome community amenities, hot tub, bright open kitchen, ground floor entrance, cul de sac location, laminate wood floors and a fantastic price round out the benefits of the “Sunflower” beach cottage. MLS# 77980
634 Grebe CourtThis home has been well cared for & has just been remodeled; looks better than ever! Check the location on this great beach home. Backs up to the Green Conservation Area for privacy as well as situated on a nice cul-de-sac. This is your classic beach rental home with proof of up to $44,000 in rental income potential.
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
Great opportunity to own a piece of Kitty Hawk history! Originally built by Beach Realty & Construction. This home has been well maintained and has a solid rental history. Enjoy the privacy of the two vacant lots to the north (they are unbuildable). Listen to the waves crash from any of the three bedrooms, or upstairs loft. Watch the dolphins from your deck or just have coffee with the sunrise. You can’t go wrong with and Oceanfront home at this price that is fully insured!
This well cared for Ocean Sands home has everything you’re looking for. From the expansive top floor deck that wraps 3 sides of the house, to the 6 bedrooms, game room, private pool, ample bathrooms, dining room, open concept kitchen, comfortable family room and it’s cheery, bright decor! You can walk to the beach in minutes. Corolla has some of the most beautiful beaches in North Carolina.
Close to shopping and restaurants and the perfect area for your entire family to gather. Excellent rental income as well. Due to limited availability by current owners this home is not rented at its max.
I hope your pre-holiday season is going well. We’ve had quite the cold spell hit the entire East Coast this week and who knows, we could even see another flurry or two here at the beach. Just hope it doesn’t stick! I have a few things to update you on this month.
Flood Insurance – Bipartisan legislation has just been introduced in Congress to remedy the unintended consequences of Biggert-Waters. Senate Bill 1610/House Bill 3370 – Homeowner Flood Insurance Affordability Act of 2013 – will delay the loss of grandfathering for four years until several steps are taken to address the affordability of coverage. For more information and what you can do to help read the full article here.
Beach Nourishment – One step forward. It’s looking really good for nourishment projects in Kill Devil Hills, Duck and Kitty Hawk. Of course it takes a while to get the projects actually started. KDH put together a really great page of FAQ’s that you can read here.
Loggerhead Turtles – Perhaps two steps back. Never a dull moment in the coastal/wildlife arena. The push to throw a wrench in the beach nourishment plans have already begun. Read more here.
Holiday Activities – If you’re going to be on the Outer Banks for the holidays this year, here’s a website to check for some local activities you might want to check out. Be sure to click on the “Events” tab. http://www.outerbanksthisweek.
NEW PRICE!!!This custom built home was built in 2002 on a beautiful 10,000 sq. ft lot, although the condition says it was built this year! .. This home has many upgrades that include hardwood floors, new carpet and light fixtures, carribean shutters and ceramic tile. An irrigated zoysia lawn and palms bring the feel of the island to life. The covered patio is perfect for entertaining and is easily accessible. There is 1746 square feet of heated living space and has never been rented!
Conveniently located in the heart of Kill Devil Hills with easy access to shopping, restaurants and more. The ground floor game room, manicured yard,ample deck space, patio area and location at the end of the street make it the perfect place for your beach memories!
Senate Bill 1610/House Bill 3370 – Homeowner Flood Insurance Affordability Act of 2013
In North Carolina, please Contacting Senator Kay Hagan: (202) 224-6342 and Senator Richard Burr: (202) 224-3154.
To find the contact number for the Senator and Representative in your State/District go to:
Current Local impact examples:
LOWER MARKET VALUE?: Bank owned property (land and house) for sale in Avon at $189,000. Home was built in 2005 in an AE zone. Property is Sound side, three rows back from the water, is elevated and did not flood in Hurricane Irene. Prior owner paid $1,200 a year for flood insurance. 2006 revised flood maps put the house in a VE zone (highest risk zone). Prior owner was able to keep the rate premium based on the AE zone. Due to foreclosure, the bank did not carry a flood policy. Potential buyer was quoted $15,000 for a new flood insurance policy. Buyer walked away and a cash buyer purchased the property for $149,000. The new owner was not required to purchase a flood policy since there was not a mortgage on the property.
OUT OF BUSINESS?: An older motel property on the oceanfront in Kill Devil Hills was built before the first flood maps became effective. The owner received a discount on flood insurance and paid approximately $5,600 a year in premium. After asking his insurance agent what his ultimate flood premium would be after phased in rate increases, he was told approximately $55,000.
FORECLOSURE?: A home built prior to 2006 flood maps, located in an AE zone. Owner pays $800 a year for flood insurance. 2006 maps put the home in a VE zone. Owner was quoted $21,216 a year for $250,000 of structure coverage, $100,000 of contents coverage and a $10,000 deductible under the VE zone risk. The owner states that this will make the house unsellable and unaffordable to keep.
A CURRENT OWNER TRYING TO SELL THEIR VACATION PROPERTY RECEIVED THIS NEWS! Their policy is grandfathered to an AE Zone and their renewal premium is $363 a year. If they lose the grandfathered option the renewal would be rated to their current VE Zone and the premium will be $5,870 a year.
REASON… While the law phases in rate increases on older structures, it also removes the grandfathering option when new maps show a change in elevation or flood zone. Structures that weren’t in a flood zone when built may now be required to carry flood insurance. Homes that were built to flood standards in place at the time of construction will now be required to pay to the risk shown under any future revision to the flood map. Revised flood maps will be released in NC tentatively July 2014 but properties where no flood insurance policy exists are already being impacted when a new policy premium is quoted.
As REALTORS we have a responsibility to inform you of this change in the law and how it may impact you. We continue to fight this law by asking for a total delay of the implementation. BUT, we can’t do it alone. We need you! It will take a majority of all US Senators and Representatives to reverse the impacts of this law.
(Written by the Outer Banks Association of Realtors Legislative Sub-committee on Flood Insurance Affordability)
There are so many great features to list for this home!X Flood Zone in a quiet cul de sac with a real front yard and back yard for the kids and animals. The back yard is fully fenced in. There is a one car garage with a workshop area in the back of the garage. Also, a storage shed in the back yard. The separate laundry area on the way to the garage keeps the noise out of the main living areas. Laminate wood floors throughout. Each bedroom has its own bathroom. Above the garage is finished in two separate rooms. One could be an art studio or an office or game room, media room, the possibilities are endless. The back deck was enclosed to make a beautiful fully heated and cooled sun room with french doors. The kitchen has lots of cabinet space and with a first floor master bedroom and extremely large walk in closet, you’ll find yourself right at home. The roof was recently replaced, new septic and siding and a 2 zone heat pump installed recently.
This Kill Devil Hills home has been completely remodeled from top to bottom. The home is currently set up as a 4 bedroom with a lounge off of the master. Could be a 5th bedroom or office. Ground floor LARGE bedroom with den and full bath. Two bedrooms on the mid level, each with a full bathroom attached. One car garage, brand new pool deck, excellent landscaping and views forever. You’ll love the straight shot down Helga Street to the convenient beach access. This is a perfect location for a primary, second or rental home. The top floor is open and flows perfectly with several sitting areas fantastic for entertaining! Enjoy multiple level decking with stairs connecting from top to bottom. The generous pool deck is a perfect place to spend your summer days.
