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Listing Details For 26073 Colony Drive in Salvo

Asking Price:
$669,000
26073 Colony Drive, Salvo, NC 27972
3 bd
2 ba
0 sq ft
MLS #: 128334
Status: Active

Listing Information

Area: Salvo Oceanside
Mls Status: Active
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $669,000
Original Listing Price: $669,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/20/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 966
Total Living Area Sq Ft: 966
Asking Price Per SqFt: $693.00
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1982
Architectural Style: Beach Box
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Modular (Pre-Fab)

Legal Description

Section: E
County: Dare
Subdivision: Hatteras Colony
Deed Book: WB24E
Deed Book Page Number: 1165
County Pin Number: 065709163638
Price Change: 2/19/2025
Road Surface: Paved

Lot Details

Land Tax Value: 325000
Total Assessed Value: 418900
Lot Size Acres: 0.23
Lot Size Dimensions: 71x144
Lot Size Square Feet: 10000
Lot Features: Adj to Park Serv./Preserv, Beach Frontage
Lot Faces: W
Water Frontage: 71
Waterfront: Ocean Front
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $2,651.00
Flood Zone: Shaded X
Water Source: Municipal
Contract Status Change Date: 2/20/2025
Estimated Annual Fee Amt: $35.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Electroni Locks: None
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Extras: Beach Access,Roof Top Deck
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 71
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 30410
Rental Performance: 0.0455
Owner Rental Income 2024 Amount: 12492
Avertised Income 2024 Amount: 17190
Owner Renatl Income 2023 Amount: 23705
Avertised Income 2023 Amount: 30410

Listing Agent Remarks

10,000sf OCEANFRONT PARCEL with BONUS active VACATION RENTAL modular 3bd/2ba waiting for your modernizing touches, or HUGE FUTURE POTENTIAL considering the numerous 5- and 6-bedroom neighboring oceanfront houses--MANY WITH POOLS. OCEAN VIEWS from crow's nest. DEEP DUNE & BEACH, with occasional beach growth in last 5 years--NC Division of Coastal Management/DEQ's 2020 online interactive mapping indicates an ACCRETION RATE OF 0.56! 2021-manufactured HVAC compressor unit. Seller says fairly new-ish water heater, and den flooring has been updated. Roof shingles were higher-quality than needed when installed in approx 2004. Septic tank and drain field were raised in 2012. Imagine the possibilities--continue renting until ready to raise/enlarge existing sweet little modular cedar shake cottage, or do your own thing because this ASKING PRICE IS NOT FAR ABOVE LAND VALUE.

Directions

From NCHwy12: East on Rampart St; Right/south on Colony Dr; 5th house on Left.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 26073 Colony Drive in Salvo is provided courtesy of Shore Realty C: 800-647-1868. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 26073 Colony Drive in Salvo is no longer available for sale.

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