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For sale
$399,500
4beds
1,152sqft

46044 Tower Circle Rd Lot 5, Buxton, NC 27920

4beds
1,152sqft
Single Family Residence, Residential
Built in 1983
6,969 Square Feet Lot
$385,300 Zestimate®
$347/sqft

What's special

Great ocean viewsQueen bedroomBunk roomFull hall bathSpacious screened porchWide sundeck

f you have been dreaming of a classic Hatteras Island beach cottage with plenty of character, great ocean views and the beach practically in your backyard, Wallaby’s Rest III is one you will want to see! This 4 bedroom, 2 bath Buxton cottage has that laid back, old school beach house feel that is getting harder and harder to find. And talk about timing! The beach in this area has just been nourished and looks absolutely amazing, giving you a beautiful wide stretch of sand just a short walk from the house. Grab your beach chair, flip flops and cooler and you can be enjoying the Atlantic in no time! The main level is all about easy beach living with an open living, dining and kitchen area that flows right out to a spacious screened porch. This may quickly become your favorite spot in the house! Morning coffee, seafood dinners, afternoon naps or just sitting back and enjoying the salt air, this porch was made for beach days. A queen bedroom and bunk room share a full hall bath on this level. Head upstairs and you will find two additional queen bedrooms, each with its own sitting area, along with another full bath. One bedroom opens directly onto the wide sundeck, where you can soak up the sunshine, catch the coastal breeze and take in those great ocean views. Head up to the rooftop sundeck for even more views and, after dark, watch for the distant beam of the Cape Hatteras Lighthouse sweeping across the sky. Down below, there is covered space for beach gear, boards, bikes and all the toys that come with owning a Hatteras Island beach house, plus an outdoor shower for rinsing off after a day on the sand. And then there is Buxton! You are close to the Cape Hatteras Lighthouse, Cape Point, Canadian Hole, the Fessenden Center with its playground and skate park, and plenty of locally owned restaurants, ice cream shops, beach shops and other island favorites. Walk, bike, hit the beach, grab dinner or spend the day exploring. It is all right here. Wallaby’s Rest III is a true Hatteras Island beach cottage with character, ocean views, a great screened porch, tons of outdoor living space and a fantastic Buxton location near a freshly nourished beach. Whether you are looking for a second home, vacation getaway or rental investment, this is your chance to own a little piece of the Buxton beach life!

42 days
1,709
167

Likely to sell faster than

Source: OBAR,MLS#: 134088MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Trisha Midgett & Team 252-475-7947,

Midgett Realty - Rodanthe

Source: OBAR,MLS#: 134088MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
Rooms
  • Room types: Utility Room
Heating
  • Central, Electric
Cooling
  • Central Air, Heat Pump
Appliances
  • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Features
  • Flooring: Carpet, Vinyl
  • Furnished: Yes
Interior area
  • Total structure area: 1,152
  • Total interior livable area: 1,152 sqft
Video & virtual tour

Property

Parking
  • Parking features: Paved, Off Street
Features
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • Waterfront features: 4 - lots from oceanfront (5th row)
Lot
  • Size: 6,969 Square Feet
  • Features: Level
Details
  • Zoning: R-3

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Coastal
  • Property subtype: Single Family Residence, Residential
Materials
  • Frame, Wood Siding, Wood
  • Foundation: Pillar/Post/Pier
Condition
  • Year built: 1983

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Public

Community & HOA

Community
  • Subdivision: Tower Beach
Location
  • Region: Buxton

Financial & listing details

  • Price per square foot: $347/sqft
  • Annual tax amount: $2,128
  • Date on market: 9/16/2026
  • Cumulative days on market: 43 days
  • Listing agreement: Exclusive Right To Sell
  • Ownership: Owned More than 12 Months
  • Lease term: Weekly

Price history

DateEventPrice
9/16/2026Listed for sale$399,500$347/sqft
Source: OBAR #134088 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$2,324/mo
Principal & interest
$2148
Property taxes
$176
More affordability toolsChevron Right

Estimated market value

$385,300

$366,000 - $405,000

$3,004/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 27920

Nearby schools

Cape Hatteras Elementary School
Grades PK-5 • 1.8 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
5/10
Cape Hatteras Secondary School
Grades 6-12 • 1.8 miles
5/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
5/10
Student Progress Rating
2/10