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1512 Baileys Bay Road
Kill Devil Hills, NC 27948

$369,000

Beds: 3
Baths: 4 | 1
Sq. Ft.: 2,012
Listing #97248
LAST 2 BREMEN MODELS TO BE BUILT (UNITS 6 AND 7 ON THE LAKE FRONT) ~ MAINTENANCE FREE SINGLE FAMILY DETACHED CONDOMINIUMS! Come experience Single Family Living with all of the Maintenance Free advantages of a condo in this stunning BRAND NEW BREMEN MODEL (SMART HOME!) at Devonshire Place! MAINTENANCE FREE LIVING with Association fees covering Flood, Wind and Hazard Insurance on the buildings AND almost all exterior maintenance from roof, painting, windows, doors, decking, fencing, termite treatment, and lawn care!! (Homeowner only responsible to maintain yard inside back fenced in area and interior contents.). Compare our HOA dues to the insurance and pool expenses on other SF homes in the area (see our expense comparison in associated docs)...this is a great deal!! This SMART HOME (LUTRON SMART HOME SYSTEM INCLUDED) 3 Bedroom, 4 Full and 1 Half Bath Detached Condominium features high end finishes and the highest quality construction methods and materials by Outer Banks Renovation & Construction, LLC AND A 10 YR BONDED BUILDERS WARRANTY! Pull into your FULLY FINISHED GARAGE on the ground floor for dry entry, which also includes a Full Bath in this model as well as a BONUS ROOM that leads out to a patio perfect for grilling and entertaining. The second level has an open floor plan featuring a living room that extends onto a covered deck, connecting dining room and kitchen with a gorgeous granite countertop bar that overlooks all. The kitchen features custom cabinetry with self close finishes by Wolf, Kohler faucets, stainless steel Whirlpool Gold appliances, Super Durable Karndean Luxury Vinyl Tile flooring in the Van Gogh Collection, Granite counter tops and a back splash. The top floor offers THREE Master Bedrooms featuring Shaw Clear Touch Polyester Loop carpet, each with private bathrooms featuring Granite countertops, Wolf Cabinetry, and Kohler fixtures. The master suites also include large walk-in closets plus Daltile Natural Stone in the main Master Bath shower. Devonshire Place is centrally located in Kill Devil Hills in the revitalized community of Bermuda Bay. Enjoy a stroll or bike ride to the Wright Brotherâ??s Memorial, area shopping, schools, beaches and restaurants. Or perhaps join your neighbors for socializing at the Elbow Beach Clubhouse, where residents and their guests can relax under sun-shaded fabric cabanas or take a dip in the meandering pool. In addition to the Clubhouse and custom Outdoor Community Pool, the association amenities also include a Fitness Center with tons of equipment and several TV's. This is a fantastic opportunity to own an easy to maintain, BRAND NEW primary, 2nd home or investment property with over $34,500 in annual rental income potential (see KEES Rental Projection in Assoc. Docs)! Financing approved with Towne Bank with a $500 Closing Cost Credit! *12/15/17 Completion Date*
Property Features
Location Information
County: Dare
MLS Area: Kill Devil Hills Westside
Subdivision: Bermuda Bay - Devonshire Place
Directions: W on Colington Road. Left on Bermuda Bay Blvd, right on Devonshire Rd., left on Baileys Bay Road. Homesite on the Lakefront.
Interior Features
Interior: Dryer Connection, Master Bath, Washer Connection
Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool
Heating: Central, Electric, Heat Pump, Zoned
Cooling: Central, Heat Pump, Zoned
Floors: Carpet, Wood Laminate
Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
Furnishing Available: Yes
Exterior Features
Style: Craftsman, Coastal
Construction: Frame, Wood
Exterior: Shakes, Cement Fiber Board
Foundation: Slab
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Municipal Sewer
Water Access: Municipal
Parking Description: Paved, Off Street
Has Garage: yes
Has a Pool: yes
Pool Description: Outdoor, Custom, Association Pool
Lot Description: Level
Lot Size in Acres: 0
Road Description: Paved, Private
Waterfront Description: Lakefront
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Income: Annual Rental Income: 34595
Property Type: CND
Property SubType: Condo
Condo Type: Detached
Year Built: 2017
Builder: Outer Banks Renovation & Const
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $369000
HOA Fee: 5, 645
HOA Fee: Yes
HOA Includes: Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Other-See Remarks
Tax Year: 2017
Tax Amount: 120
Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Smoke Detector(s)
Garage Description: Attached, 1 Car


$ per month
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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: Heather Sakers, Coldwell Banker-Seaside Realty
Copyrighted 2018 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Outer Banks data last updated at January 18, 2018 4:01 PM ET