Active

101 Settlers Lane #LOT 6

Duck, NC 27949
Mark as Favorite
Bed 8

Bed

Bath 7.5

Bath

SqFt10,970

Sqft

Acres0.87

Acre(Lot)

Exceptional investment opportunity (Asking just 71% of current tax assessed value!) in the heart of Duck offering rare scale, resort-style amenities, and deeded beach access directly across the street via Georgetown Sands Road. The Drake at Founders Ridge presents a unique chance to own one of Duck’s largest and most versatile vacation rental properties, designed to maximize guest experience, repeat bookings, and strong income potential. The current owners reserve the property themselves for several weeks each year, leaving room for a new owner to increase rental income by opening up additional prime rental weeks. Spanning an impressive 11,000 square feet of interior living space plus approximately 9,000 square feet of decking, this 8-bedroom estate comfortably accommodates large groups while offering the privacy and amenities today’s luxury rental guests seek. Featuring 6 en-suite bedrooms, multiple gathering spaces, ocean views, expansive outdoor living, and elevator access, the home is purpose-built for memorable multi-generational vacations, retreats, and special gatherings. *Virtually staged photos are included to showcase a fresh, updated look with the addition of luxury vinyl tile (LVT) flooring in place of carpet and an elevated modern coastal design aesthetic. Even a golf simulator, arcade room with foosball, and indoor ping pong table has been virtually staged to illustrate a creative way to better utilize spaces and enhance rental appeal and income potential.* Outside, guests enjoy a private, gated saltwater pool and hot tub surrounded by tropical landscaping, creating a true private-resort atmosphere. A covered poolside cabana with wet bar, ice maker, grilling area, outdoor shower, and lounge seating elevates the experience and encourages all-day outdoor entertaining. Inside, the amenities continue with a dedicated theater room with seating for 15, game room with wet bar, fitness room, multiple dens, oversized gathering spaces, and a flexible event room ideal for hosting celebrations, retreats, or memorable guest experiences. The expansive chef’s kitchen is designed to accommodate large groups with double ovens, dual dishwashers, wine refrigerator, breakfast seating, and multiple dining areas. The upper sky deck captures sunrise ocean views and sunset sound views, offering a standout feature guests will remember long after their stay. Located within the town of Duck, guests enjoy easy access to the area’s celebrated dining, shopping, waterfront boardwalk, and attractions, while enjoying the privacy and exclusivity of a one-of-a-kind estate setting. Rarely does a property of this size, location, and rental flexibility become available in Duck—offering a compelling opportunity for investors seeking a high-capacity luxury vacation home with one-of-a-kind guest appeal. Offered at an exceptional value, this property is priced nearly 30% below tax-assessed value—presenting a rare opportunity to secure a high-capacity Duck investment property at a price that leaves room for future upside!

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,899,000

AD Id : 66013144

MLS Id : 132939

Beds : 8

Lot Size : 0.87 Acre

Living Area Size : 10,970

Year Built : 1998

Garage : 2

County : Dare

Subdivision: Country Aire

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Full Baths: 7 Half Baths: 4
  • Flooring Information

    Carpet, Tile, Wood, Marble
  • Roofing Information

    Asphalt
  • Interior Features

    Elevator, Beamed Ceilings, Cathedral Ceiling(s), Cedar Closet(s), Pantry, Walk-In Closet(s), Wet Bar Roof: Asphalt Appliances: Range, Oven, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler Laundry Features: Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump

  • Building Information

    Year Built: 1998 Building Area Total: 10970 Construction Materials: Stone Patio And Porch Features: Patio, Deck Pool Features: Outdoor Pool, In Ground, Fiberglass, Private Private Pool: Yes Water front Features: Beach Access View: Ocean, Sound

  • Lot Information

    Lot Size Acres: 0.87 Lot Size Square Feet: 38000 Lot Description: Corner Lot

    Property Information

    Subdivision: Founders Ridge Source Property Type: Residential MLS Area Minor: Duck Westside Property SubType: Single Family Residence Property Age: 28

  • Listing Price Information

    Listing Price: $1899000

  • Tax Information

    Parcel Number: 985920918717 Tax Year: 2025 Annual Tax: $11839.64

  • Parking Information

    Paved, Off Street

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: North on Highway 12 just before downtown Duck. Soundside. WaterSource: Public
Sell a home like this and save $113,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
100 Tides Drive #LOT 1, Duck, NC, 27949 $755,000 3 2 1,274 1,274 SqFt
125 Seabreeze Drive, Duck, NC, 27949 $899,000 4 2 1,280 1,280 SqFt
120 Jay Crest Road #LOT.., Duck, NC, 27949 $930,000 4 3 2,080 2,080 SqFt
120 Jay Crest Road, Duck, NC, 27949 $930,000 4 3 2,140 2,140 SqFt
107 Sheldrake Court #LO.., Duck, NC, 27949 $735,000 4 2 1,475 1,475 SqFt
114 W Sea Hawk Drive #L.., Duck, NC, 27949 $1,250,000 5 4.5 3,325 3,325 SqFt
154 Schooner Ridge Driv.., Duck, NC, 27949 $2,350,000 7 6.5 3,698 3,698 SqFt
138 Rakiock Court #LOT 53, Duck, NC, 27949 $975,000 4 2.5 1,765 1,765 SqFt
134 Scarborough Lane #L.., Duck, NC, 27949 $1,692,500 8 8.5 4,767 4,767 SqFt
143 Bayberry Drive #LOT 5, Duck, NC, 27949 $875,000 4 2 1,676 1,676 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Outer Banks Association of REALTORS®. IDX information is provided 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Outer Banks Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 00:36

MLS: 132939 LISTED BY: Heather Sakers, Coldwell Banker Seaside Realty KH SOURCE: Outer Banks Association of REALTORS

Selling? Save $113,441 when you sell a home like this

Tour with a ByOwner Agent