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The Perfect Escape: Discovering the Natural Beauty of Vacation Homes on the Outer Banks of North Carolina
Outer Banks North Carolina Vacation Homes
The Outer Banks of North Carolina are a unique and breathtaking destination that draws in visitors from around the world. With its pristine beaches, rich history, and unparalleled natural beauty, the Outer Banks are the perfect escape for those seeking a peaceful and rejuvenating retreat. Close proximity to major airports and easy drives from Raleigh-Durham, Fayetteville, Charlotte, and Norfolk Virginia, make short term rental (STR) through AIRBNB and/or VRBO type platforms are way to significantly reduce the cost or your vacation home while still allowing you the flexibility of owner use. There is no better way to experience this stunning destination than by owning a vacation home on OBX and having someone else pay for it!
The Benefits of Owning a Vacation Home on the Outer Banks
Owning a vacation home on the Outer Banks offers numerous benefits beyond just the opportunity to escape to a beautiful location. It provides a sense of ownership and pride in a property that is uniquely yours, and allows you to create lasting memories with family and friends. Plus, with the potential for rental income, owning a vacation home on the Outer Banks can also be a smart financial investment.
But perhaps the greatest benefit of owning a vacation home on the Outer Banks is the opportunity to immerse yourself in the natural beauty of this unique destination. From the stunning beaches to the lush forests and wildlife, the Outer Banks offer a wealth of natural wonders to discover.
One of the most iconic natural features of the Outer Banks is its barrier islands. These islands, including Bodie Island, Hatteras Island, and Ocracoke Island, offer miles of unspoiled beaches, sand dunes, and picturesque views of the Atlantic Ocean. Visitors can also explore the many lighthouses that dot the coastline, including the iconic Cape Hatteras Lighthouse, which is the tallest brick lighthouse in the country.
Bodie Lighthouse Island
The Spanish Mustangs of Corolla
The Outer Banks are also home to a variety of wildlife, including wild horses that roam the beaches of Corolla and Currituck. The Spanish Mustangs of Corolla are a national treasure and the State Horse of North Carolina. While it's illegal to touch them (in fact, you can't get closer than 50 feet), you can drive your 4-wheel drive (4x4) vehicle on the beach to see them. See the FAQ below for a full guide. The horses aren't the only thing though, the sea turtles that nest on the beaches during the summer months bring tourists as do the birdwatchers that delight in the diverse bird populations, including pelicans, herons, and egrets, that can be spotted throughout the area.
In addition to its natural beauty, the Outer Banks also have a rich history that visitors can explore. From the Wright Brothers National Memorial, which commemorates the site of the first successful powered flight, to the Fort Raleigh National Historic Site, which marks the location of the first English settlement in North America, the Outer Banks are steeped in history and culture.
The Wright Brothers at Kittyhawk, NC
Outer Banks Short Term Rental Potential for Vacation homes
According to Rabbu Data, as of 2023 OBX has 375 Short Term Rental units (that they track) with an average occupancy rate of 50%. Their combined average nightly rental rate of $314/night, and annual revenue of $48K per year puts them among the top most profitable US STR locations. Approximately 50% of all Outer Banks STRs are 3 or 4 bedroom units. Owning a vacation home in OBX makes financial sense and STRs can help you pay for it.
From 2016 - 2018 vacation rental listings across the Outer Banks grew 224%, well ahead of the average global rate of 140%. Since 2018, these numbers have tripled. One can only imagine how popular a Private Island Rental would be in the middle of Roanoke Sound and what it would bring in revenue?
The circles in the matrix in the image below represent each of the areas in the Outer Banks, and are sized relative to supply. Nags Head has more vacation rentals than any other town in Dare County, but Kitty Hawk earned the highest median
Average Daily Rate (ADR), $307 according to AIRDNA.
Why you should consider Carolina Cays Private Islands
for your Vacation Home?
The last BEST land available in the Outer Banks of North Carolina.
Carolina Cays just make sense. It's only a
two-minute boat ride and this uninhabited paradise is now available for purchase.
Request your private tour of these beautiful, fully permitted and dock ready deep-water islands.
4-10 ACRE PRIVATE ISLANDS. 24 Islands Currently Available, Fully Permitted.
DEEP WATER DOCK READY
Why Carolina Cays Makes Sense
Again, according to Rabbu Data, as of 2023 the #3 rated short term rental property in the entirety of the Outer Banks North Carolina is a Private Island in Nags Head. Generating upwards of $17K per month in rental revenue! This STR is only a stones throw away to the LW Land Carolina Cays Private Island development. Just think of the possibilities!
Carolina Cays Private Islands
Carolina Cays
Private Islands
Carolina Cays Map
More Available!
Actual Carolina Cays
customer walk through!
As if the financial benefits of owning second home aren't enough, Immersing Yourself in the Outer Banks Lifestyle will be.
Owning a vacation home on the Outer Banks allows you to fully immerse yourself in all that this unique destination has to offer. Whether you're spending your days relaxing on the beach, exploring the natural wonders of the area, or delving into its rich history and culture, the Outer Banks provide the perfect setting for a peaceful and rejuvenating escape.
In conclusion, owning a vacation home on the Outer Banks of South Carolina is a smart investment that offers numerous benefits, from financial gains to the opportunity to escape to a unique and breathtaking destination. With its natural beauty, rich history, and tight-knit community, the Outer Banks are the perfect place to create lasting memories with family and friends. So why not discover the natural beauty of vacation homes on the Outer Banks and experience the perfect escape of Carolina Cays Private Island?
Can I really drive my car on the beach to see the horses?
If you own a 4-wheel drive vehicle that can handle the beach (meaning, it has the proper off-road ground clearance and reduced tire pressure), you can drive up the beach from Corolla (where Highway NC 12 ends at the horse fence). See further below for more information. Parking permits are now required, although no beach driving permit is necessary. Here is a link to the parking permit. Be sure to read all rules and regulations before you drive your 4×4 on the beach! If you are not a Currituck County resident or property owner, or a visitor staying in a rental home on the 4WD beach, you will need to purchase a weekly parking permit to park on the 4WD beaches of Corolla. If you do not have a 4x4 vehicle and are interested in seeing the horses via a professional licensed guided 4x4 tour operator just Google "Spanish Mustangs of Corolla guided driving tours" or just click the link. You can support the Wild Horse Fund here.
Total Real Estate Transactions in OBX?
As you can see, the green bars representing 2019 show a pre-Covid market environment, and we were ahead of that pace up until October, but it has started to lag behind 2019 levels. Mortgage rates have a lot to do with that, as they steadily climbed throughout the year.
Low inventory maintains pricing pressure making NOW the best time to buy in years!
The residential inventory graph shows that inventory is starting to come back versus 2021, but the end of 2021 and early 2022 lines show that inventory levels were extremely low. There are buyers lined up on the sidelines waiting for rates to come down, and I don’t think the supply-demand ratio has been resolved yet. We are still at a fraction of 2019 inventory levels.
See the Spanish Mustangs of Corolla
Directions from Norfolk Virginia to the entrance of 4-wheel drive beach to see the Spanish Mustangs of Corolla. (near Carolina Cays).
Beach Driving Tips for OBX
Vehicles are required to use driving lanes adjacent to the dune line between Milepost 14.5 and Milepost 17 from 9AM until 5PM beginning the Friday before Memorial Day through Labor Day.
All other times, use driving lanes adjacent to the dune line or at the shoreline.
Air down all tires prior to accessing the off road (4×4) ramp. Recommended tire pressure pounds per square inch (PSI) can be found below.
Air stations are located at the Historic Corolla Park.
Use 4-wheel drive (4WD) when entering the ramp and maintain a slow, steady speed. If your vehicle is not equipped with 4WD, do not attempt to drive on the beach.
20 PSI for SUV’s & ½ ton 4X4
35 PSI for ¾ ton 4X4
Do not stop or park on the beach ramp area.
Gas tanks should be full – there are NO gas stations on 4X4 areas.
The speed limit is 35 miles per hour(mph).
The speed limit is 15 mph when traveling within 300 feet of any person.
Beach entrance.
4x4 vehicles only.
If you own a 4-wheel drive vehicle that can handle the beach (meaning, it has the proper off-road ground clearance and reduced tire pressure), you can drive up the beach from Corolla (where Highway NC 12 ends at the horse fence)
Our properties: FAQ
LW Land offers beach real estate for sale on and near OBX (the Outer Banks) South Carolina. With multiple North Carolina Oceanfront Lots available and even some private outer banks islands at Carolina Cays. We also have NC mountain lots and land for sale in numerous locations throughout the area. We also have NC Mountain Land for sale in Boone, Blowing Rock, Cherokee, Black Mountain, Ashville and many others. See more...
Still not convinced you want to own your own private island?
Check out this article in Travel & Leisure magazine.
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