39042 Drum Rd, Avon, NC, 27915
About This Home
Charming canal-front cottage in the heart of Avon offering 86 feet of water frontage with direct access?perfect for boating, kayaking, or soaking in the coastal lifestyle. This beautifully renovated 2-bedroom, 1-bath beach retreat blends classic Outer Banks charm with modern updates. Proven rental income makes it an ideal investment or personal getaway. Enjoy close proximity to local restaurants, shops, and easy beach access just minutes away. Relax on the deck, fish from your backyard, or explore all that Hatteras Island has to offer. Seller is agreeable to a 50% co-ownership partnership structure for $225,000. Perfect opportunity for an investor or vacationer to own a deeded 50% stake in a beach property with zero property debt, as the existing mortgage would be satisfied at closing. Full traditional sale offers are also welcome.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1972
Materials
- Foundation: Pile
- Roof: Asphalt Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Bar,Ceiling Fan(s)
- Window features: Window Treatments
- Flooring: Laminate/LVP
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total interior livable area: 768 sqft
Primary Bedroom
- Level: First
Property
Details
- Parcel number: 013841000
- Zoning: R-1
Features
- Stories: 1
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Canal Front
- Frontage length: 82
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Coastal Flooding
- Hurricane
- Lightning
- Winter Weather
- Inland Flooding
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Dare County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $160 | $1,920 |
| Electricity | $200 | $2,405 |
| Total | $2,725 | $32,700 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
No price history available
For Sale by Agent
View on Zillow