Description
Turnkey OBX investment opportunity in the highly coveted X Flood Zone (no lender-required flood insurance) between the highways in Nags Head Shores! This immaculate, fully furnished 4BR/3BA coastal retreat offers unbeatable walkability to pristine Atlantic beaches, dining, and shopping, making it a high-yielding short-term rental or the perfect second home. Built for modern coastal living, the bright open-concept upper level features cathedral ceilings, an airy sun porch, and a screened-in back deck overlooking a private, shaded backyard. Designed to maximize ROI potential, the ground floor boasts a massive garage perfect for a game room or owner’s lockout, complete with a plumbing rough-in ready to be converted into premier flex space for instant equity. Paved off-street parking, an outdoor shower, and breezy mid-level covered decks complete this resilient, low-maintenance property. Peg Leg Pete's is fabulously located just .2 miles from the Bonnet Street Beach Access on the Atlantic Ocean, where you will find beach volleyball court, bathrooms, plenty of parking and a boardwalk to beach. Also nearby is Nags Head Elementary School, Outer Banks YMCA, Nags Head Woods, Jockey's Ridge, Nags Head Fishing Pier, Pirate's Quay and Dowdy Park. This ideal location is within walking distance to so many fun and free events throughout the year including yoga, music, community market basketball, pickleball, Fishing, Swimming, Surfing, beach volleyball, basketball, playground and acres of hiking in woods and sand! Do not miss out on this potential for revenue-generating beach home—schedule your tour today!
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4BEDS
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0.18ACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
Turnkey OBX investment opportunity in the highly coveted X Flood Zone (no lender-required flood insurance) between the highways in Nags Head Shores! This immaculate, fully furnished 4BR/3BA coastal retreat offers unbeatable walkability to pristine Atlantic beaches, dining, and shopping, making it a high-yielding short-term rental or the perfect second home. Built for modern coastal living, the bright open-concept upper level features cathedral ceilings, an airy sun porch, and a screened-in back deck overlooking a private, shaded backyard. Designed to maximize ROI potential, the ground floor boasts a massive garage perfect for a game room or owner’s lockout, complete with a plumbing rough-in ready to be converted into premier flex space for instant equity. Paved off-street parking, an outdoor shower, and breezy mid-level covered decks complete this resilient, low-maintenance property. Peg Leg Pete's is fabulously located just .2 miles from the Bonnet Street Beach Access on the Atlantic Ocean, where you will find beach volleyball court, bathrooms, plenty of parking and a boardwalk to beach. Also nearby is Nags Head Elementary School, Outer Banks YMCA, Nags Head Woods, Jockey's Ridge, Nags Head Fishing Pier, Pirate's Quay and Dowdy Park. This ideal location is within walking distance to so many fun and free events throughout the year including yoga, music, community market basketball, pickleball, Fishing, Swimming, Surfing, beach volleyball, basketball, playground and acres of hiking in woods and sand! Do not miss out on this potential for revenue-generating beach home—schedule your tour today!
© 2026 Outer Banks Association of Realtors MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty.
Data last updated: 2026-06-09T23:37:41.187.