1005 Avalon Drive Lot 272, Kill Devil Hills

Solid Soundside Investment Opportunity | Kill Devil Hills This custom-built Lane Home, just three years young, presents a compelling soundside investment in the heart of Kill Devil Hills—only a few homes from the water and minutes from Bay Drive. Designed for flexibility and revenue potential, the 4-bedroom, 3.5-bath layout includes a separate ground-level entrance, allowing for multiple use strategies including short-term rental, long-term rental, or owner-occupied income offset. The configuration supports privacy between living spaces while maintaining a cohesive, high-quality residence. Durability and low-maintenance ownership are prioritized with high-impact resistant windows, bamboo hardwood flooring throughout, and upgraded finishes that appeal to both renters and end users. The gourmet kitchen features quartz countertops, upgraded cabinetry, stainless steel appliances, and designer lighting—key features that consistently drive rental demand and premium pricing. All bathrooms are finished with quartz counters and custom marble showers, reinforcing a luxury feel that performs well in the vacation and second-home market. Built-in TV connections in all bedrooms and living areas, ample storage, and a secure one-car garage with keypad entry enhance tenant convenience and operational efficiency. Outdoor amenities significantly increase rental appeal, including covered and extended entertainment areas with TV hookups, privacy fencing, professional landscaping, irrigation system, and an outdoor shower. Optional ABIA membership ($35/year) provides access to Avalon Beach Parking and Avalon Soundside Park—an added value for tenants and guests. Located in a high-demand soundside corridor with access to bike paths, docks, and water access, this property offers strong positioning for consistent occupancy, long-term appreciation, and multiple exit strategies. Whether held as a cash-flowing asset, lifestyle investment, or appreciation play, this property is a turn-key opportunity in one of the Outer Banks’ most stable and desirable markets. *Listing provided courtesy of the MLS.