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Coastal Quest in Frisco, NC

A Turnkey Outer Banks Investment Opportunity – 54203 Cape Hatteras Drive

54203 Cape Hatteras Dr, Frisco
54203 Cape Hatteras Dr, Frisco

If you’ve been waiting for the right Outer Banks investment property to hit the market, this is it. Coastal Quest in Frisco delivers that rare combination of style, location, and income potential that investors are always searching for on Hatteras Island.

Perfectly situated on the oceanside in one of the most laid-back and desirable villages on the Outer Banks, this 3-bedroom, 2.5-bath home offers low-maintenance coastal living just a short stroll to the beach. Even better, it’s already performing as a rental property, bringing in over $40,000 in owner income in 2025.

Frisco continues to attract buyers looking for strong rental demand without the higher price points of some northern Outer Banks markets. Its proximity to Hatteras Village, combined with easy beach access and a relaxed coastal vibe, makes it a favorite for repeat vacationers.

Properties like Coastal Quest check all the boxes for short-term rental success: location, updated finishes, outdoor amenities, and that unmistakable beach house charm.

A Smart Layout Designed for Guests and Owners

The first level of Coastal Quest is thoughtfully designed with comfort and functionality in mind. Two queen bedrooms open directly onto a shaded wraparound deck, giving guests that indoor-outdoor lifestyle renters love. The king en suite offers a private retreat with quartz countertops and a step-in shower, adding a touch of luxury that stands out in rental listings.

A centrally located laundry area and an additional full bath make turnover days and guest stays seamless and convenient.

Upstairs, the main living area is bright, open, and perfect for gathering. The kitchen features quartz countertops, classic navy and white cabinetry, and stainless steel appliances—finishes that not only look great in photos but hold up well over time. The adjacent dining area and comfortable living space create a welcoming environment that keeps guests coming back year after year.

Outdoor Living That Drives Rental Demand

Outdoor amenities can make or break a vacation rental, and Coastal Quest delivers in all the right ways. Guests can unwind in the private hot tub, gather around the fire pit, or enjoy multiple deck spaces for lounging and dining under the coastal sky.

The sundeck offers sweeping views of the Pamlico Sound and surrounding neighborhood, adding that extra “wow” factor that helps a property stand out online and book faster.

Proven Income and Future Potential

With over $40,000 in owner income in 2025, Coastal Quest is not just a beautiful beach house—it’s a performing asset. For investors, that means immediate income potential with room to grow through strategic marketing or minor enhancements.

For second-home buyers, it offers the flexibility to offset ownership costs while still enjoying personal time at the beach.

Whether you’re searching for a turnkey Outer Banks investment property, a second home with income potential, or a full-time coastal escape, Coastal Quest in Frisco is a standout opportunity.

54203 Cape Hatteras Dr, 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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