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1108 Cambridge Road #UNIT 307-I

Kill Devil Hills, NC 27948

$335,000 $1,412/Mo

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Overview

Bed

2.5

Bath

1,117

Sqft

Description

Turn-key Outer Banks investment opportunity with an impressive 12% return, a rare find at this price point in Kill Devil Hills. Whether you're building your short-term rental portfolio or looking for a high-performing beach getaway that pays for itself, this property delivers. Welcome to Calypso Cay, this island-inspired condo has a proven rental history and is perfectly set up for Airbnb vacation rentals and winter rental. The ground level features a dry entry and a spacious two-car garage, ideal for owner storage, bikes, beach gear, or even a game room to boost rental appeal. The second level offers two private primary suites, each with its own bath and deck, an ideal layout for maximizing rental occupancy and guest comfort. The top floor showcases an open-concept living space with high ceilings, a bright kitchen, and multiple outdoor decks, perfect for creating that “wow” factor renters are looking for. Located in the sought-after Bermuda Bay community, guests will love the resort-style amenities at the Elbow Beach Club, featuring a pool, cabanas, water features, and slide-key amenities that drive bookings and repeat guests. Community sound access adds even more lifestyle value with kayaking and sunset views. Just 1.2 miles to Ocean Bay Blvd beach access (with parking, bath house, and accessibility features), this location checks every box for vacationers. Plus, you're minutes to shopping, restaurants, and iconic OBX attractions like the Wright Brothers Monument. New roof in 2025, HVAC and new rear deck in 2026. Affordable, income-producing, and ideally located; this is the kind of Outer Banks investment buyers wait for.

Property Details

Property Type : Residential

Price : $335,000

AD Id : 65284738

MLS Id : 132757

Beds : 2

Living Area Size : 1,117

Year Built : 2006

Garage : 2

County : Dare

Subdivision: White Oak Estates

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Full Baths: 2 Half Baths: 1
Flooring Information

Carpet, Vinyl
Roofing Information

Asphalt
Interior Features

Cathedral Ceiling(s) Roof: Asphalt Appliances: Range, Oven, Washer, Dishwasher, Microwave, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Heat Pump

Building Information

Year Built: 2006 Building Area Total: 1117 Construction Materials: Frame Patio And Porch Features: Deck Pool Features: Outdoor Pool, Association Private Pool: No

Property Information

Subdivision: Bermuda Bay - Cambridge Cove Source Property Type: Residential MLS Area Minor: Kill Devil Hills Westside Property SubType: Condominium Property Age: 20

Listing Price Information

Listing Price: $335000

Tax Information

Parcel Number: 98830648123855 Tax Year: 2025 Annual Tax: $1831

Parking Information

Paved, Attached

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

Homeowners Association Information
Included Fees: Cable TV, Electricity, Maintenance Grounds Association Amenities: Pool, Clubhouse, Fitness Center

Location Information

Direction: From 158, turn west onto Colington Rd., turn left onto Bermuda Bay Blvd., then left on to Cambridge Rd. Follow to last building on the left, unit is 2nd from the end. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
W Martin Street, Kill Devil Hills, NC, 27948	$595,500	3	2.5	1,492	1,492 SqFt
2009 Wrightsville Boule.., Kill Devil Hills, NC, 27948	$285,000	1	1	617	617 SqFt
2035 S Virginia Dare Tr.., Kill Devil Hills, NC, 27948	$899,900	3	3	1,608	1,608 SqFt
1710 S Virginia Dare Tr.., Kill Devil Hills, NC, 27948	$525,000	2	2	1,098	1,098 SqFt
1410 S Virginia Dare Tr.., Kill Devil Hills, NC, 27948	$1,399,999	5	5.5	3,290	3,290 SqFt
1313 S Memorial Bouleva.., Kill Devil Hills, NC, 27948	$1,350,000	4	5.5	3,187	3,187 SqFt
311 Gunas Drive, Kill Devil Hills, NC, 27948	$569,000	5	3	2,300	2,300 SqFt
311 Gunas Drive #LOT 17, Kill Devil Hills, NC, 27948	$569,000	3	1.5	2,300	2,300 SqFt
222 Burns Drive #LOT 12, Kill Devil Hills, NC, 27948	$599,000	3	1.5	1,360	1,360 SqFt
1209 Wrightsville Boule.., Kill Devil Hills, NC, 27948	$825,000	4	3.5	2,316	2,316 SqFt

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ByOwner last updated this listing 06/04/2026 @ 08:39

MLS: 132757 LISTED BY: Cindy Edwards, Century 21 Nachman Realty SOURCE: Outer Banks Association of REALTORS