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52155 Highway 12 3 #&-4, Frisco, NC, 27936

3beds
3baths
2,396sqft
$550,000
$230price/sqft
$3,341/moest. monthly cost
$133,640/yrincome needed

About This Home

The possibilities are truly endless with this one-of-a-kind Frisco property, offering the perfect blend of residential comfort, income potential, and commercial opportunity. Formerly home to the Island's Pet Resort, this unique property has been converted into a spacious residence while maintaining incredible flexibility for a variety of future uses. The main home features two bedrooms with ensuite baths, with the potential for an additional bedroom currently used as a storage room. A separate one-bedroom apartment complete with a large bedroom, full bathroom, kitchen, and spacious living area can function as a private rental or guest suite. An interior spiral staircase allows access from the main home for guest suite access or closed off to function as a private rental. The apartment also has main access from an exterior staircase. The former dog kennel area has been transformed into an expansive workshop, making it ideal for storage, hobbies, or operating a home-based business. Situated on a large lot with plenty of room for boats, trailers, equipment, and future expansion, this property is designed to accommodate both work and play. A peaceful pond on the rear portion of the property adds to the natural beauty and privacy. The home has been recently raised, has an addition of a whole-house generator and an exterior lift/elevator for convenience and accessibility. Whether you're looking to live, work, invest, or all three, this property offers an exceptional opportunity on Hatteras Island. Conveniently located in Frisco, you'll be just minutes from the beach, nearby ORV beach access, the Billy Mitchell Airport, and the marinas of Hatteras Village, putting world-class fishing, boating, and island adventures right at your doorstep. If you've been searching for a property with room to grow, endless versatility, and the chance to create the island lifestyle you've always imagined, this is one you won't want to miss.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt,Metal
  • Construction materials: Frame,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dryer,Range/Oven,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • In-Law Floorplan
  • Flooring: Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 2,396
  • Total interior livable area: 2,396 sqft

Property

Details

  • Zoning: S-1

Features

  • Waterfront features: Pond

Lot

  • Lot size: 1.42 Acres
  • Features: 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

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Winter Weather
Inland Flooding
Strong Wind
Wildfire
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 $2,781$33,372
Home Insurance *$104$1,248
Property Taxes $233$2,796
Electricity $223$2,677
Total$3,341$40,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,548/yr
40% on housing$100,230/yr
45% on housing$89,093/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 27936$260
Dare County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 27936$280
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
2026-07-02Listed for sale$550,000

For Sale by Agent

AgentErin Thomas
BrokerageNC 12 Realty

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