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Avon Home with ADU: A Rare Outer Banks Investment Opportunity

Built-in cash flow, a spacious primary home, and an unbeatable location- 40191 Carflay Ct, Avon

40191 Carflay Ct Avon
40191 Carflay Ct Avon

Located on a quiet cul-de-sac in the heart of Avon, this well-maintained property combines a spacious primary residence with a detached accessory dwelling unit (ADU) that is already producing rental income. Whether you’re looking for a full-time residence, vacation home, or investment property, this home offers options that are hard to find on Hatteras Island.

A Home Designed for Coastal Living

The main home features 3 bedrooms and 2 bathrooms with a bright, open floor plan that feels welcoming from the moment you walk inside.

Beautiful hardwood floors flow throughout the main living area, while the updated kitchen offers butcher block countertops, stainless steel appliances, generous cabinet space, and an open layout that makes entertaining easy. The spacious living and dining areas create the perfect gathering space after a day at the beach.

Outside, you’ll find covered decks where you can enjoy the ocean breeze, a large yard with room to spread out, and an expansive ground-level storage area ideal for surfboards, fishing gear, kayaks, bikes, and everything that comes with the Outer Banks lifestyle.

An Income-Producing ADU Already in Place

What truly sets this property apart is the detached Accessory Dwelling Unit (ADU).

The detached studio apartment includes a full bathroom and is currently leased to a year-round tenant for $900 per month, providing immediate income from day one.

For investors, that’s built-in cash flow.

For homeowners, it offers incredible flexibility. Continue renting it, use it as a guest cottage, create a private home office, or provide space for extended family. Properties with detached income-producing units are becoming increasingly desirable throughout the Outer Banks, making this an opportunity that appeals to a wide variety of buyers.

An Ideal Avon Location

Location is everything, and this property puts you close to some of Avon’s most popular destinations.

You’ll be just minutes from:

  • Avon Pier
  • Wide, uncrowded beaches
  • Local restaurants and coffee shops
  • Grocery stores and shopping
  • Surfing, fishing, paddleboarding, and kiteboarding
  • The Cape Hatteras National Seashore

Despite being close to everything, the quiet cul-de-sac setting offers privacy and a peaceful place to call home.

Why Investors Should Take Notice

Inventory across the Outer Banks remains competitive, and properties offering multiple income opportunities continue to attract strong buyer interest.

This property offers several advantages investors are looking for:

  • Immediate rental income from the detached ADU
  • A spacious primary home with broad rental appeal
  • Large homesite with room to enjoy
  • Excellent Avon location close to the beach and local amenities
  • Flexibility for long-term appreciation and future use

Whether your goal is to build wealth through rental income, create a multi-generational property, or own a second home that helps offset ownership costs, this property checks a lot of boxes.

40191 Carflay Ct, Avon

Trisha Midgett

Hi, I’m Trisha Midgett, broker-in-charge at Midgett Realty and the lead agent of Trisha Midgett & Team, a top-producing real estate team on the Outer Banks. I’ve been helping buyers, sellers, and investors navigate the Outer Banks real estate market for over 30 years, with a strong focus on Hatteras Island and the surrounding OBX communities. From oceanfront vacation homes to second homes and investment properties, my team and I work across the entire Outer Banks, including Nags Head, Kill Devil Hills, Kitty Hawk, Manteo, Corolla, and Ocracoke. In 2024, our team closed 212 transactions, followed by 181 transactions in 2025, reflecting a consistent track record of results in a unique coastal market. I specialize in second homes, vacation properties, short-term rental and investment real estate, and seller strategy, helping clients understand pricing, rental potential, and long-term value. With decades of experience on the Outer Banks, I bring deep local knowledge of neighborhoods, rental dynamics, and market trends to every transaction. Clients often tell me they appreciate my honest advice, fast communication, strong negotiation skills, and laid-back, easy-to-work-with approach. I’m honored to have earned over 450 five-star reviews on Zillow, 220+ Google reviews, 171 five-star Homes.com reviews, 122 five-star FastExpert reviews, and a 5-star rating on Realtor.com, with verified transaction history publicly displayed. I’ve also been recognized as one of America’s Top 100 Real Estate Agents™ for North Carolina, received HomeLight Top Producer and Top Negotiator Awards, and earned Outer Banks Coastal Life Readers’ Choice Best Real Estate Team honors. Whether you’re buying your first beach cottage, selling a vacation rental, or investing in a second home on Hatteras Island or anywhere on the Outer Banks, my team and I are here to guide you every step of the way and make the process as smooth and successful as possible.
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