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Canalfront Investment Opportunity at 50237 Freebooter Ct

Southwest-Facing Lot with Boating Access in the Heart of Hatteras Island

50237 Freebooter Ct, Frisco
50237 Freebooter Ct, Frisco

Located in Brigands Bay in Frisco, this canalfront lot offers southwest exposure, direct motor boating access, and proximity to everything that makes Hatteras Island special.

Brigands Bay is one of the few neighborhoods on Hatteras Island where motor boating is truly part of everyday life. From your backyard, cruise through the canal system and out into the wide open waters of Pamlico Sound. Fishing, clamming, sunset cruises, tubing, paddleboarding, kayaking. It is all accessible without ever trailering your boat.

For buyers considering building a short term rental investment on the Outer Banks, boating access is a major draw. Guests consistently look for properties that offer unique water access, sunset views, and outdoor lifestyle features that set them apart from standard oceanside homes.

This canalfront lot checks those boxes.

Southwest Exposure Means Premium Sunset Views

This lot features a southwest facing backyard that captures warm afternoon light and those unreal Hatteras Island sunsets. Evening colors stretch across the canal and toward the sound, creating the kind of view renters remember and return for.

From an investment perspective, orientation matters. Southwest exposure provides:

  • Warm natural light across decks and living spaces
  • Bright, open backyard views
  • Consistent sunset appeal for marketing photos and rental listings

In a competitive Outer Banks rental market, those details translate to stronger visual marketing and higher guest interest.

Lower Upfront Costs with Paid Water Impact Fee

One immediate advantage for investors: the water impact fee has already been paid and conveys with the property.

That means one less upfront expense as you plan your build and calculate your return on investment. When running numbers for a new construction home in Brigands Bay, reduced initial costs help improve overall project feasibility.

Location Matters for Rental Performance

Brigands Bay is centrally located in Frisco, offering easy access to both soundside and oceanside attractions.

Just minutes away:

  • ORV Ramp 49 for beach driving and shell hunts
  • Sandy Bay for shallow soundside adventures
  • The Frisco Bathhouse with lifeguarded beach access
  • Local restaurants, shops, and art galleries
  • The Hatteras Ocracoke ferry for day trips and exploring

Vacation renters want options. Being close to boating, beach access, dining, and ferry access increases guest satisfaction and booking potential.

Build Your Outer Banks Investment Property Here

Whether you’re planning a full time residence, second home, or building a high performing Outer Banks rental investment, this canalfront lot in Brigands Bay offers location, orientation, boating access, and lifestyle appeal all in one package.

Inventory in Brigands Bay is limited, especially lots with southwest exposure and easy access to Pamlico Sound.

This is the kind of property investors wait for.

50237 Freebooter Ct, Frisco

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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