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319 W Ocean Acres Dr Lot 19, Kill Devil Hills, NC, 27948

4beds
4baths
2,155sqft
$549,000
$255price/sqft
$3,389/moest. monthly cost
$135,560/yrincome needed

About This Home

Great Investment! Money Maker! This duplex sits on a generous corner lot. Framed by mature trees and a wide sweep of open space, the property immediately gives off a sense of possibilities—part home, part opportunity. Whether you’re an investor seeking reliable income or a homeowner looking to offset your mortgage, this property quietly checks every box. Each unit offers a thoughtfully designed 2-bedroom, 1-bath layout that balances comfort with practicality. Step into the upper unit and you’re greeted by an airy living space that feels both bright and welcoming. The true highlight, though, is the expansive screened porch—an ideal spot for morning coffee, evening unwinding, or hosting friends without ever worrying about the elements. It’s the kind of feature that turns a rental into a retreat, making it especially appealing to long-term tenants or an owner-occupant who values a private outdoor escape. Downstairs, the lower unit has its own charm. A smaller screened porch offers a cozy nook for quiet moments, while the direct access to outdoor space creates a natural extension of the home. There’s room here for a garden, a seating area, or even a small fenced yard—details that renters notice and appreciate. The connection to the ground-level surroundings gives this unit a distinct personality, making it just as desirable in its own way. The large corner lot is more than just a backdrop—it’s an asset. Extra parking potential, and room to expand or enhance, it opens the door to future improvements or increased value over time. Tucked neatly on the property, a storage shed provides practical space for tools, seasonal items, or tenant use, adding yet another layer of convenience. From an investment perspective, the flexibility is where this duplex truly shines. Live in one unit and rent out the other to significantly reduce your monthly expenses, turning homeownership into a more manageable—and even strategic—financial move. Alternatively, rent both units and enjoy a steady stream of income from a property designed to attract and retain tenants. The dual-unit setup is a smart addition to any real estate portfolio. In a market where versatility and value are increasingly rare, this duplex stands out as a property that adapts to your goals. Whether you’re starting your investment journey, expanding it, or simply looking for a home that helps pay for itself, this corner-lot duplex is ready to deliver.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
8/10
7/10
First Flight High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1976

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction materials: Wood Siding,Wood

Type & Style

  • Home type: MultiFamily
  • Architectural style: Coastal
  • Property subType: Multi Family,Residential

Interior

Appliances

  • Appliances included: Range,Range/Oven,Refrigerator,2nd Refrigerator,Washer/Dryer Stacked

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Concrete

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,155
  • Total interior livable area: 2,155 sqft

Property

Details

  • Zoning: RL

Features

  • Waterfront features: None

Lot

  • Features: Corner Lot,Level

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Coastal Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Dare County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,776$33,312
Home Insurance *$180$2,160
Property Taxes $233$2,796
Electricity $200$2,408
Total$3,389$40,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,194/yr
40% on housing$101,670/yr
45% on housing$90,373/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$255This listing

vs Other Active Listings

Avg $/sqft

ZIP 27948$287
Dare County$304

vs Homes Sold Last Month

Median $/sqft

ZIP 27948$365
Dare County$373

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$579,000
2023-05-01Sold$449,900
2023-02-27Contingent$449,900
2023-02-19Listed for sale$449,900

For Sale by Agent

AgentLynn Bulman
BrokerageHoward Hanna Outer Banks Realty

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