This large oceanfront parcel is being sold as a Cottage Court or a Cluster Housing Project consisting of 17 four bedroom four and one-half bath houses. Both uses are now permitted uses in the Town of Kill Devil Hills. There will be 4 oceanfront cottages and 13 oceanside cottages and a 1200 sqft oceanfront pavilion for the use of all residents. All parking will be under the units. As Cluster Housing the units can be sold individually and as a Cottage Court they must be owned by a single entity. Rare opportunity to develop 4 adjacent oceanfront lots on a wide area of the KDH beach. The property currently has 7 homes with profitable rental income. This would be the first Oceanfront Cluster Home Development on the Outer Banks! Other uses include hotels, multifamily, lot coverage 55%, maximum height 50 feet and up to 0.50 floor area ratio.
1303,1305,1307, S Virginia Dare Trail Lot 2,3,4,5
Ocean Access, Common Area, Boardwalk to Beach
Village Realty Holdings, LLC - NH
Goodrich, Eddie, Village Realty Holdings, LLC - NH.
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Listing information last updated on August 20th, 2019 at 1:30am EDT.