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For sale
  • Price cut: $36K (8/12)
    $299,000

    1108 Cambridge Rd #307-I, Kill Devil Hills, NC 27948

    2beds
    1,117sqft
    : 
    $1,744/mo
    Get pre-qualified
    Condominium, Residential
    Built in 2006
    -- sqft lot
    $292,200 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    High ceilingsSpacious two-car garageTwo private primary suitesBright kitchenDry entryOpen-concept living spaceMultiple outdoor decks
    MAJOR PRICE IMPROVEMENT — NOW $299,000! Turn-key Outer Banks investment opportunity with a proven rental history and an impressive return. At this new price point, this Bermuda Bay condo offers an exceptional opportunity for investors seeking a vacation rental, winter rental, or personal beach getaway with income-producing potential. Welcome to Calypso Cay, an island-inspired condo ideally configured for vacation rentals. The ground level features a dry entry and spacious two-car garage with room for owner storage, bikes, beach gear, or even a game room to enhance rental appeal. The second level offers two private primary suites, each with its own bath and deck, providing an ideal layout for guest comfort and maximizing rental flexibility. The top floor delivers the “wow” factor with an open-concept living area, high ceilings, bright kitchen, and multiple outdoor decks—perfect for relaxing after a day at the beach or entertaining guests. Located in the sought-after Bermuda Bay community, guests enjoy resort-style amenities at the Elbow Beach Club, including a pool, cabanas, water features, and slide-key amenities that add to the vacation experience. Community sound access provides opportunities for kayaking and beautiful sunset views. Just 1.2 miles to Ocean Bay Blvd beach access, featuring parking, bath house, and accessibility features. Shopping, restaurants, and popular OBX attractions—including the Wright Brothers Monument—are all just minutes away. Recent improvements include a new roof in 2025, HVAC in 2026, and a new rear deck in 2026. Now priced at $299,000, this is a compelling opportunity to own a turnkey, income-producing Outer Banks property with strong rental appeal, resort-style amenities, and a prime Kill Devil Hills location.
    100 days
    |
    2,718
    |
    149
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Edwards 252-256-0520,

    Century 21 Nachman Realty

    Source: OBAR,MLS#: 132757MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer/Dryer Stacked
      Features
      • Cathedral Ceiling(s)
      • Flooring: Carpet, Vinyl
      • Furnished: Yes
      Interior area
      • Total structure area: 1,117
      • Total interior livable area: 1,117 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved
      • Attached garage spaces: 2
      • Details: Garage: 2 Car, Attached
      Features
      • Pool features: Outdoor Pool, Association
      • Waterfront features: None
      Details
      • Parcel number: 008164194
      • Zoning: G/I

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Caribbean,Reverse Floor Plan
      • Property subtype: Condominium, Residential
      Materials
      • Frame, Lap Siding, Cement Fiber Board
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Asphalt
      Condition
      • Year built: 2006

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Bermuda Bay - Cambridge Cove
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Pool, Sound Access
      • Services included: Maintenance Structure, Cable TV, Electricity, Insurance, Maintenance Grounds, Management, Pool, Road Maintenance
      Location
      • Region: Kill Devil Hills

      Financial & listing details

      • Price per square foot: $268/sqft
      • Tax assessed value: $337,000
      • Annual tax amount: $1,831
      • Date on market: 5/5/2026
      • Cumulative days on market: 86 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned More than 12 Months

        Estimated market value

        $292,200

        $278,000 - $307,000

        $2,272/mo

        Price history

        DateEventPrice
        8/12/2026Price change$299,000-10.7%$268/sqft
        Source: OBAR #132757 Report a problem
        6/26/2026Listed for sale$335,000$300/sqft
        Source: OBAR #132757 Report a problem
        6/11/2026Contingent$335,000$300/sqft
        Source: OBAR #132757 Report a problem
        5/5/2026Listed for sale$335,000+8.4%$300/sqft
        Source: OBAR #132757 Report a problem
        11/14/2025Listing removed$309,000$277/sqft
        Source: OBAR #129610 Report a problem
        7/26/2025Price change$309,000-6.3%$277/sqft
        Source: OBAR #129610 Report a problem
        6/12/2025Listed for sale$329,900+1.5%$295/sqft
        Source: OBAR #129610 Report a problem
        3/12/2025Listing removed$325,000$291/sqft
        Source: OBAR #127397 Report a problem
        2/7/2025Price change$325,000-4.1%$291/sqft
        Source: OBAR #127397 Report a problem
        1/15/2025Price change$339,000-1.7%$303/sqft
        Source: OBAR #127397 Report a problem
        11/4/2024Listed for sale$345,000+65.1%$309/sqft
        Source: OBAR #127397 Report a problem
        12/1/2020Sold$209,000-93.2%$187/sqft
        Source: OBAR #111209 Report a problem
        4/20/2012Sold$3,087,000$2,764/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,831 +18.5%$337,000 +64.8%
        2024$1,545 $204,500
        2023$1,545 +4.9%$204,500
        2022$1,473 $204,500
        2021$1,473 $204,500
        2020$1,473 -9.7%$204,500 +9.1%
        2019$1,631 +2.2%$187,500
        2018$1,595 $187,500
        2017$1,595 +4.9%$187,500
        2016$1,520 +3.8%$187,500
        2014$1,464 $187,500 -20.7%
        2012-- $236,400
        2011-- $236,400
        2010-- $236,400
        2009-- $236,400
        2008-- $236,400
        2007-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27948

        Getting around

        12 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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