Pine Island, one of my favorite beach-luxe communities, accounts for just 3.5 miles of the 200 mile-long string of peninsulas and barrier islands that make up the Greater Outer Banks. Within these 3.5 miles, however, you’ll find 4 out of 5 of the most expensive residential OBX real estate transactions thus far for 2016.
Other commonalities for these opulent home sales: all of them boast oceanfront-row seats and annual rental incomes topping $100k. Take a closer look at the sold homes below. And don’t worry about missing these beauties… you can check out similar active homes here.
SOLD in 156 days — $2,500,000 193 Hicks Bay Lane, Corolla / Pine Island
This 8 BR, 8 BA home is the perfect investment with annual rental income of more than $215,000.
SOLD in 508 days — $2,275,000 100 S Baum Tr., Duck Oceanside
This 6 BR, 5 BA, 1 partial BA home located in the exclusive Palmer's Island community showcases unsurpassed views of both the sound and sea.
SOLD in 155 days — $2,110,000 381 Deep Neck Road, Corolla / Pine Island
Floor-to-ceiling windows, a gourmet kitchen and a ships watch with ocean views are just a few of the flourishes that helped this beauty fly off the market.
SOLD in 95 days — $1,966,250 459 Pipsi Point Road, Corolla / Pine Island
With a game-room, private balconies, and 2-story windows, it's no surprise this 8 BR, 8 BA home generates more than $220k in rental income each year.
SOLD IN 303 days — $1,700,000 441 N Cove Road, Corolla / Pine Island
A fun Caribbean theme that includes a tiki bar and custom murals make the inside of this home as beautiful as its ocean views.
Thinking of buying or selling on the OBX? Call Connie today! 252-202-8979.