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    40319 Gulls Cry Rd Avon, NC 27915

    • Hospitality properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 40319 Gulls Cry Rd

    Year built
    1984
    Property type
    Hospitality properties

    Description

    This exceptional oceanfront property in Avon, North Carolina, presents a lucrative investment opportunity. Built in 1984, this 4-bedroom, weekly short-term rental cottage sits on a 10,000 sq ft lot zoned R-1. Boasting stunning ocean views and direct beach access, the property features a spacious great room with a cathedral ceiling and abundant natural light. The upper level offers a large deck perfect for enjoying the ocean breeze. Downstairs, you'll find all four bedrooms, two bathrooms, another oceanfront deck connected to two bedrooms and complete with a hot tub, and a convenient laundry area. Additional amenities include carport parking, an outdoor shower, and a fish-cleaning table. Its prime Outer Banks location provides easy access to shopping, dining, and other attractions. The property has a proven track record, generating over $67,000 in rental income annually (May-November), with an open calendar for maximizing potential earnings. This turnkey operation offers a rare chance to acquire a highly profitable coastal investment property. The property's strong rental history and desirable location make it an ideal addition to any investment portfolio. The asking price is $900,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Dare
    State
    North Carolina
    Longitude
    -75.5003
    Latitude
    35.3541

    Comparable in this City

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      40231 Younce Rd

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    • Value Estimation
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      40230 Younce Rd

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    • Value Estimation by Request
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      0.01 Acres

      Avlona Dr

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    • Value Estimation by Request
      0.38 Acres

      40192 Jarvis Gray Ln

      MOBILE HOME PARK, TRAILER PARK • 0.38 Acres
      40192 Jarvis Gray Ln, Avon, NC 27915-1269
      View Details
    • Value Estimation by Request
      832 SF

      40082 Hbr Rd

      WAREHOUSE, STORAGE • 832 SF
      40082 Hbr Rd, Avon, NC 27915-1266
      View Details

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    40319 Gulls Cry Rd
    Avon, NC 27915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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