Property Description
Over 21 Acres in Wonderful Currituck County just minutes from the Bridge to the Outer Banks Ocean Beaches. DEVELOPER in process of seeking County Approval for a 60 Unit Townhouse Project just minutes from the OBX Beaches. Ponder upon this opportunity for a moment. A PLANNED GATED COMMUNITY that has been named “Currituck Way” that will consist of 60, 3 BR units approx. 1500 heated sq. ft. each, with a garage, Community Clubhouse, an Amenity Area and all the infrastructure planned to a point that it is being reviewed by the county for approval. This is a perfect fit for developers, a buyer in a 1031 Tax Free Exchange position looking for passive cash flow. The need for housing in the Outer Banks makes this a perfect fit for, once developed, a “Buy to Rent” plan that translates into FANTASTIC Income! The going rate for New or Newer 3 BR, 3 BA are reaching records levels due to supply and demand issues.
Exterior Features
None
0 Sqft
AG
0
Additional Info
Currituck
Powells Point
$0
No
118547
2021
1505.58
No
: Active
X
History
04/20/2022
$2,100,000
05/02/2022
$2,100,000
12
0
$0
Listing Agent
Michael Bishal
Address Map
Caratoke Highway
8149
Lot 0
W76° 9' 41.5''
N36° 8' 5.3''
8149 Caratoke Highway
Powells Point NC 27966
Subdivision: None
$2,100,000
MLS number #118547
Listing Date: 04/20/2022
Basic Details
Status : Active
Status : Active
Days On Market : 12
Area : Pt. Harbor to Powells Pt.
Subdivision : None