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Cameron Griggs

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

$ 335,000

Est. payment -/mo

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Active

1108 Cambridge Road, Unit 307-i Kill Devil Hills, NC 27948

2 Beds

3 Baths

1,117 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,117 sqft

Price per Sqft $299

Subdivision Bermuda Bay - Cambridge Cove

MLS Listing ID 132757

Style Caribbean,Reverse Floor Plan

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2006

Tax Year 2025

Property Sub-Type Condo

Property Description

Turn-key Outer Banks investment opportunity with an impressive 12% return, a rare find at this price point in Kill Devil Hills. Whether you're building your short-term rental portfolio or looking for a high-performing beach getaway that pays for itself, this property delivers. Welcome to Calypso Cay, this island-inspired condo has a proven rental history and is perfectly set up for Airbnb vacation rentals and winter rental. The ground level features a dry entry and a spacious two-car garage, ideal for owner storage, bikes, beach gear, or even a game room to boost rental appeal. The second level offers two private primary suites, each with its own bath and deck, an ideal layout for maximizing rental occupancy and guest comfort. The top floor showcases an open-concept living space with high ceilings, a bright kitchen, and multiple outdoor decks, perfect for creating that “wow” factor renters are looking for. Located in the sought-after Bermuda Bay community, guests will love the resort-style amenities at the Elbow Beach Club, featuring a pool, cabanas, water features, and slide-key amenities that drive bookings and repeat guests. Community sound access adds even more lifestyle value with kayaking and sunset views.
Just 1.2 miles to Ocean Bay Blvd beach access (with parking, bath house, and accessibility features), this location checks every box for vacationers. Plus, you're minutes to shopping, restaurants, and iconic OBX attractions like the Wright Brothers Monument. New roof in 2025, HVAC and new rear deck in 2026.
Affordable, income-producing, and ideally located; this is the kind of Outer Banks investment buyers wait for.

Location

State NC

County Dare

Area Kill Devil Hills Westside

Zoning G/I

Rooms

Dining Room 3

Kitchen 3

Interior

Interior Features 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection

Heating Heat Pump

Appliance Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer

Exterior

Exterior Feature Lap Siding, Cement Fiber Board

Parking Features 2 Car, Attached

Pool Outdoor, Association Pool

Waterfront Description None

View Y/N No

Roof Type Asphalt/Fiber Shingle

Private Pool Yes

Building

Foundation Piling, Slab

Sewer Private Sewer

Water Municipal

Others

Ownership Owned More than 12 Months

Listed by Cindy Edwards Century 21 Nachman Realty C: 252-261-6400

NEARBY SCHOOLS & PROPERTIES

Cameron Griggs

+1(919) 390-4537

Cameron Griggs

1108 Cambridge Road, Unit 307-i Kill Devil Hills, NC 27948

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1108 Cambridge Road, Unit 307-i