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Cameron Griggs

cameron@camknowsobx.com +1(919) 390-4537

$ 415,000

Est. payment -/mo

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Price Dropped by $24K

24277 Ocean Drive South, Lot 15 Rodanthe, NC 27968

4 Beds

2 Baths

1,242 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,242 sqft

Price per Sqft $334

Subdivision Trade Winds Bch

MLS Listing ID 132024

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1985

Tax Year 2025

Property Sub-Type Single Family - Detached

Property Description

Fresh interior paint, new washing machine, and patio improvements. The property is rental ready and is proven income producing machine! This charming semi-oceanfront coastal cottage offers the rare opportunity to own a property that is equally ideal as a personal Outer Banks retreat and a proven income-producing investment - ~$30k in revenue even with ~6mos owner utilization per year. Just steps from the beach (direct beach access) and within walking or biking distance of the iconic Rodanthe Pier, local restaurants, and village activities, the home sits perfectly positioned between the Atlantic Ocean and the calm, warm, waters of the Pamlico Sound—giving you easy access to both sunrise beach walks and sunset bay adventures. The Outer Banks are truly magical, known for their small crowds, relaxed atmosphere, abundant wildlife, and world-class outdoor recreation including fishing, surfing, kiteboarding, windsurfing, sailing, boating, and swimming—this area is widely considered the wind sports capital of the East Coast. From the property you can fall asleep to the soothing sound of crashing waves and wake up ready to explore miles of natural shoreline, the nearby Cape Hatteras National Seashore, historic lighthouses, and even drive your vehicle directly onto the beach for fishing or exploring. The home has been lovingly owned since 2023 and consistently performs as a strong and reliable rental property, generating nearly $30,000 in annual rental revenue even while the owner personally enjoys the home for several months each year and despite paying a 17% property management fee, demonstrating the excellent income potential for buyers who wish to maximize rentals. Importantly, the property's second-row, semi-oceanfront location provides a major advantage, offering immediate beach access and ocean views while avoiding the direct exposure faced by oceanfront homes. With jetty rebuilds and beach restoration on nearby Hatteras around the corner, concerns are even more alleviated. For buyers seeking a coastal home that combines lifestyle, resilience, and investment value, this property represents an exceptional opportunity. The owner absolutely loves this home and has spent extended time enjoying everything Rodanthe offers, but an upcoming move to the West Coast makes it impossible to continue using it as intended—creating a rare chance for the next owner to enjoy the same unforgettable Outer Banks experience while benefiting from a beautiful beachside escape that also functions as a lucrative and dependable rental asset. The Nest door locks, cameras/security and some of the furniture conveys with the property.

Location

State NC

County Dare

Area Rodanthe Oceanside

Zoning S-1

Interior

Interior Features Beamed Ceiling(s), Dryer Connection, Washer Connection

Heating Central, Electric, Forced Air, Hot Water, Wall

Appliance Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer

Exterior

Waterfront Description Semi-Oceanfront (2nd row)

View Y/N Yes

View Harbor, Ocean, Sound

Roof Type Asphalt/Fiber Shingle

Private Pool No

Building

Lot Description Cul-de-sac

Foundation Piling

Sewer Municipal Sewer, Private Septic

Water Municipal

Others

Ownership Owned More than 12 Months

Listed by Nicholas Huscroft Chosen Realty of NC C: 330-249-3499

NEARBY SCHOOLS & PROPERTIES

Cameron Griggs

+1(919) 390-4537

Cameron Griggs

24277 Ocean Drive South, Lot 15 Rodanthe, NC 27968

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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24277 Ocean Drive South, Lot 15