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Southern Shores, NC Real Estate News

By Greg Cremia
(Shore Realty of the Outer Banks)
Put on your running shoes and come on down to Southern Shores this weekend for the 3rd annual Festivus Road Race. The race starts at the Market Place in Southern Shores at mile post 1 on Saturday Dec, 19 at 7:45am.The course runs through the Oceanside and you can choose between the 10K Loop or the Out Back 5k. There will also be an after race breakfast.PACKET PICK-UP: Friday December 18th, 2015 4-6:30PM at TRI Outer Banks Sports 3105 Croatan Hwy, Kill Devil Hills, NC 27948 Milepost 5 in the Seagate N. Shopping Center (252-489-8239) 5k/10k Pricing ADULT $38.50 TEEN 13-17 $35 12 & UNDER $30 JINGLE JOG 1 MILE ADULT $30/ 17 & UNDER $28 LITTLE ELF 1/4 MILE AGES 9 & UNDER $25 A portion of the event proceeds to benefit local children’s charities. For more information and details email us at ra...
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By Greg Cremia
(Shore Realty of the Outer Banks)
The Southern Shores Town Council will be holding a special meeting on Friday, December 18 2015 at 9am. This meeting is being held " To review, consider, discuss, modify and potentially adopt a Special Event Permitting and Occupancy ordinance which designed to regulate special events and occupancy; to require permits to be obtained and safety precautions to be taken for certain special events within the Town, and to limit the number of permits available to a property during a 12-month period; ▪ To review, consider, discuss, modify and potentially set a date and time for a public hearing on multiple different proposals for zoning ordinance amendments designed to regulate large homes in compliance with recent legislative amendments and to further clarify and differentiate residential uses ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
5 Bedroom Outer Banks NC Oceanfront Home for Sale | 2 Mullet Circle       You don’t have to look any further for your next investment property than this. Get a look at this beautiful 5 bedroom oceanfront home for sale on the Outer Banks NC which makes about $138,000 in rental income yearly. Check out the marvelous views of the ocean provided by the wide windows and overlooking decks from all angles, as well as the spacious accommodations for large numbers of guests.       Having families and big groups over for an extended vacation would not be a problem with 5 bedrooms, each connecting to its own full bath. All around entertainment is also provided with an indoor recreational area (complete with a bar and a billiards table), as well as a hot tub and a backyard pool. The kitchen, dinin...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
5 Bedroom Outer Banks NC Oceanfront Home for Sale | 2 Mullet Circle  This gorgeous 5 bedroom oceanfront Outer Banks NC home for sale could be your next investment property, or even your dream home away from home! With over $138,000 in annual rental income for the past 5 years, this popular oceanfront home makes one of the best income-generating properties in the area. The property offers a picturesque view of a serene, North Carolina beach, making every day in this house a day in paradise.  This oceanfront home for sale on the Outer Banks NC welcomes residents with a charming facade. The cream yellow siding surrounding the house is complimented by the white and royal blue trimmings, making it stand out against the cerulean blue of the ocean from all angles. Don’t worry about bringing tr...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
5 Bedroom Oceanfront Outer Banks NC Home for Sale | 2 Mullet CircleLooking for your dream home away from home? Or perhaps a great investment property to add to your list? Look no further than this beautiful 5 bedroom oceanfront Outer Banks NC home for sale! With over $138,000 in annual rental income for the past 5 years, this popular oceanfront home is one of the best income-generating properties on the market. The property offers a picturesque view of a serene, North Carolina beach, making every day in this house a day in paradise.  This oceanfront home for sale on the Outer Banks of NC welcomes residents with a charming facade. The cream yellow siding surrounding the house is complimented by the white and royal blue trimmings, making it stand out against the cerulean blue of the ocean...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.  Short Sale146 Duck Woods Drive 4 Bedrooms- 3.5 Baths - Canalfront Bank Owned165 Happy Indian Lane 3 Bedrooms- 2 Baths  Canalfront11 Redbay Lane5 Bedrooms - 3 Baths - 2 Partial Baths Ocean Views35 Skyline Rd 4 Bedrooms - 2 Baths  Oceanfront (4 Bedrooms) NONE!Maybe Next Month Oceanfront (5 Bedrooms)8 Yellowfin Lane 5 Bedrooms - 2.5 Baths  Oceanfront (6 Bedrooms)2 Ninth Avenue6 Bedrooms - 4 Baths - Sea Crest Village Semi-OceanfrontNone!  3rd Row7 Eleventh Avenue  6 Bedrooms - 5 Baths - Sea Crest Village Soundfront15 Soundview Trail6 Bedrooms - 3 Baths - 1 Partial View Semi-Soundfront None! Pondfront   None! Unique15 Kingfisher Trail6 Be...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
Surprisingly Impressive Ranch Home On Pond  Southern Shores NC Outer Banks   Overview Maps Photos Features Description Neighborhood   $299,900 Single Family Home Main Features 2 Bedrooms2 BathroomsInterior: 2,000 sqftLot: 17,000 sqft Location 59 Dogwood TrailSouthern Shores, NC 27949USA     Morgan Mason The Outer Banks Real Estate Company LLC(252) 564-9774Morgan@OBXLifeStyles.comhttp://www.OBXLifeStyle.com   Listed by: Morgan Mason   Our recent listings Surprisingly Impressive Ranch Home On Pond  Southern Shores NC Outer BanksLarge Family Home-Best Location in OBXSecluded In The Tree TopsExquisite Home Hidden in the Trees1930 Vintage Cruise Ship Design Subscribe to our listing feed   Nearby  properties for sale  
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale None Bank Owned None    Canalfront 136 W Holly Trail  2 Bedrooms - 2 Baths - Ranch Style   Ocean Views 35 Skyline Rd  4 Bedrooms - 2 Baths - 1988 SF    Oceanfront (4 Bedrooms) 6 Bluefin  4 Bedrooms - 3/2 Baths - Sea Crest Village   Oceanfront (5 Bedrooms) 2 Mullet Circle  5 Bedrooms - 5/2 Baths - 3061 SF   Oceanfront (6 Bedrooms) None   Semi-Oceanfront 53 Ocean Blvd    6 Bedrooms - 5/2 Baths - 3619 SF   3rd Row 8 Fifth Avenue   7 Bedrooms - 5/2 Baths - 3060 SF   Soundfront None!  Semi-Soundfront  None!   Pondfront    59 S Dogwood Trail 2 Bedrooms - 2 Baths - 2000+ SF   U...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 Lots Best Buys In Southern Shores, NC Each month I put out a Top Ten List for Homesites in Southern Shores.  To get specific information on any of these properties, just click on the address.   Oceanfront None Currently On The Market - - -   Soundfront 33 North Dune Loop 20135 SF - On Currituck Sound   Bank Owned 68 Hickory Trail  32,500 SF - Excellent Elevation - Canalfront   Semi-Oceanfront 199 Ocean Boulevard  23,495 SF - X Flood Zone!   Semi-Soundfront 8 Soundview Circle 20,037 SF - Will Entertain Any Offer   Creek Front 21 Ginguite Trail 2.76 Acres - Wooded - Bank Owned   Canalfront 138 High Dune Loop 35,000 SF - Chicahauk - X Flood Zone   Owner Financing 22 Juniper Trail  18,400 SF - Canalfront - 100 ft water frontage   Golf Course 31 Fairway Drive  20,908 SF - 4th Fair...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 370 Sea Oats Trail 5 Bedrooms - 6 Baths - Elevator - Sound Views   Bank Owned 77 Poteskeet Trail 3 Bedrooms - 2 Baths - Canalfront    Canalfront 136 W Holly Trail  2 Bedrooms - 2 Baths - Ranch Style   Ocean Views 82 Spindrift Trail  4 Bedrooms - 2/1 Baths - 2043 SF    Oceanfront (4 Bedrooms) 6 Bluefin  4 Bedrooms - 3/2 Baths - Sea Crest Village   Oceanfront (5 Bedrooms) 86 Ocean Blvd  5 Bedrooms - 4/1 Baths - 4606 SF   Oceanfront (6 Bedrooms) 196 Ocean Blvd  6 Bedrooms - 6 Baths - 3874 SF   Semi-Oceanfront 95 Ocean Boulevard   7 Bedrooms - 7/2 Baths - 9% CAP Rate   3rd R...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 Lots Best Buys In Southern Shores, NC Each month I put out a Top Ten List for Homesites in Southern Shores.  To get specific information on any of these properties, just click on the address.   Oceanfront 98 Ocean Blvd 38,000 SF - Small Cottage on Lot   Soundfront 287 N Dogwood Trail 16,000 SF - New Bulkhead   Bank Owned 68 Hickory Trail  32,500 SF - Excellent Elevation - Canalfront   Semi-Oceanfront 199 Ocean Boulevard  23,495 SF - X Flood Zone!   Semi-Soundfront 12 Kingfisher Trail 20,000 SF - High & Dry X Flood Zone   Creek Front 21 Ginguite Trail 2.76 Acres - Wooded - Bank Owned   Canalfront 138 High Dune Loop 35,000 SF - Chicahauk - X Flood Zone   Owner Financing 49 Spindrift Trail  28,000 SF - Easy Beach Access - X Flood Zone   Golf Course 31 Fairway Drive  20,908 SF - ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 370 Sea Oats Trail 5 Bedrooms - 6 Baths - Elevator - Sound Views   Bank Owned 77 Poteskeet Trail 3 Bedrooms - 2 Baths - Canalfront    Canalfront 15 Spindrift  3 Bedrooms - 2 Baths - Contemporary   Ocean Views 82 Spindrift Trail  4 Bedrooms - 2/1 Baths - 2043 SF    Oceanfront (4 Bedrooms) 6 Bluefin  4 Bedrooms - 3/2 Baths - Sea Crest Village   Oceanfront (5 Bedrooms) 86 Ocean Blvd  5 Bedrooms - 4/1 Baths - 4606 SF   Oceanfront (6 Bedrooms) 196 Ocean Blvd  6 Bedrooms - 6 Baths - 3874 SF   Semi-Oceanfront 115 Ocean Boulevard   7 Bedrooms - 7/1 Baths - $193 per SF   3rd Row ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 Lots Best Buys In Southern Shores, NC Each month I put out a Top Ten List for Homesites in Southern Shores.  To get specific information on any of these properties, just click on the address.   Oceanfront 98 Ocean Blvd 38,000 SF - Small Cottage on Lot   Soundfront 287 N Dogwood Trail 16000 SF - New Bulkhead   Semi-Oceanfront 199 Ocean Boulevard  23,495 SF - X Flood Zone!   Semi-Soundfront 8 Soundview Circle 20,037 SF - High & Dry X Flood Zone   Creek Front 21 Ginguite Trail Wooded - Bank Owned   Canalfront 138 High Dune Loop 35,000 SF - Chicahauk    
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 370 Sea Oats Trail 5 Bedrooms - 6 Baths - Elevator - Sound Views   Bank Owned  None!   Canalfront 15 Spindrift  3 Bedrooms - 2 Baths - Contemporary   Ocean Views 190 Duck Road  4 Bedrooms - 3/1 Baths - More than 5 lots back   Oceanfront (4 Bedrooms) 4 Bluefin  4 Bedrooms - 3/2 Baths - Sea Crest Village   Oceanfront (5 Bedrooms) 92 Ocean Blvd  5 Bedrooms - 3/1 Baths - $272 SF   Oceanfront (6 Bedrooms) 196 Ocean Blvd  6 Bedrooms - 6 Baths - 3874 SF   Semi-Oceanfront 189 Ocean Boulevard   7 Bedrooms - 7/1 Baths - Rental Income over $62,000   3rd Row 180 Duck Road  5 Bedroom...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
In 1974, long before I was a REALTOR,  I purchased a house in West Los Angeles for my 5 year old son and myself. It was a down market allowing me to buy in this upscale area.  This was the last time I remember a reasonable asking price on a home in Southern California!  Soon after moving in we felt disturbances in the house.  The items in my son's room were moved around, light fixtures rattled, we heard occasional unexplained noises, and we both saw a floating shape out of the corner of our eyes from time to time.  We were neither afraid or concerned.  It all seemed to be part of the house. Prior to closing, we knew nothing about hauntings!  Heck, I would have bought it anyway! We lived in this home for 18 years, during which time our resident spirit seemed to be a member of the family...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 370 Sea Oats Trail 5 Bedrooms - 6 Baths - Elevator - Sound Views -  Bank Owned None! - New Construction 48 Fairway Drive 3 Bedrooms - 2/1 Baths - Canalfront - Canalfront 136 Beech Tree Trail 3 Bedrooms - 2 Baths - Contemporary  - Ocean Views 190 Duck Road 4 Bedrooms - 3/1 Baths - More than 5 lots back  - Oceanfront (4 Bedrooms) 4 Bluefin 4 Bedrooms - 3/2 Baths - Sea Crest Village - Oceanfront (5 Bedrooms) 92 Ocean Blvd 5 Bedrooms - 3/1 Baths - $272 SF - Semi-Oceanfront 189 Ocean Boulevard  7 Bedrooms - 7/1 Baths - Rental Income over $62,000 - 3rd Row 182 Duck Road 7 Bedr...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
  The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 77 Poteskeet Trail 3 Bedrooms - 2/0 Baths Canalfront in Chicahauk     Bank Owned None!   New Construction 48 Fairway Drive 3 Bedrooms - 2/1 Baths - Canalfront     Canalfront 1 Birch Lane 3 Bedrooms - 2/1 Baths - Contemporary     Ocean Views 190 Duck Road 4 Bedrooms - 3/1 Baths - More than 5 lots back     Oceanfront (4 Bedrooms) 4 Hickory Trail 4 Bedrooms - 3/2 Baths - Sea Crest Village       Oceanfront (5 Bedrooms) 92 Ocean Blvd 5 Bedrooms - 3/1 Baths - $272 SF     Semi-Oceanfront 115 Ocean Boulevard  7 Bedrooms - 7/1 Baths - Rental Income over $62,000     3rd Row 182...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
  The Top 10 House Best Buys In Southern Shores, NC   Each month I put out a Top Ten List for the Houses in Southern Shores.  To get specific information on any of these properties, just click on the address.   Short Sale 21 Otter Slide 4 Bedrooms - 3/0 Baths - Canalfront in Chicahauk   Bank Owned None!   New Construction 11 Third Avenue 7 Bedrooms - 5/1 Baths - 5th Row in Sea Crest Village   Canalfront 26 Duck Woods Drive 3 Bedrooms - 2/1 Baths - One Story Ranch   Ocean Views 190 Duck Road 4 Bedrooms - 3/1 Baths - Pool   Oceanfront (4 Bedrooms) 6 Bluefin Lane 4 Bedrooms - 4/1 Baths - Rental Income $50,000   Oceanfront (7 Bedrooms) 152 Ocean Blvd 7 Bedrooms - 7/3 Baths - Estimated Income $252,000   Semi-Oceanfront 115 Ocean Boulevard 7 Bedrooms - 7/1 Baths - Rental Income over $62,000 ...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
While changes in sales data from the first Quarter of 2012 seem minor, they are significant. Sales of single family homes have steadily increased in Southern Shores since December 2012 and are selling with an higher overall average price than during the same period last year. Although the number of vacant lot sales remains similar to last year, the average selling price has risen. Overall, the Median Sale Price for both houses and home sites has increased 6% and .7% respectively.     There are 6 pending sales for existing single-family houses with a median asking price of $748,150. In the first quarter of this year, the average asking-to- sold price ratio for houses was 87%, which means the pending sales median price could be $650,890 if all close and hold to the current formula.     No...
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By Morgan Mason, Outer Banks Beach Houses for Sale
(The Outer Banks Real Estate Company LLC)
There are interesting changes taking place on the Outer Banks that deserve our attention.     Tax Revaluation - The new Dare County property tax assessments will be published after this writing.  However, when the new revaluation, already released, is compared to the 2005 assessment values a $5 billion shortfall is expected.  While we will see our assessed value reduced in the 2013 assessment, the big question is still how high will the rate per $100 value be raised in order to make up for the county’s lost revenue.   Simple math tells us the rate per $100 would have to be increased to 48 cents per $100 from the current 28 cents per $100 to make up the difference with property tax receipts.  This could mean a decreased value with an increased tax bill.  A complicated formula is involved...
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