505 W Airstrip Rd, Kill Devil Hills
A versatile single-level home with separate living space, multiple entrances, a wooded lot, and a central Kill Devil Hills location—offering intriguing possibilities for Outer Banks buyers and real estate investors. Tucked beneath beautiful live oaks on a wooded lot, the property is just a short drive or bike ride from the Martin Street and Calvin Street beach accesses. It is also conveniently located near First Flight schools, the Wright Brothers National Memorial, restaurants, shopping, and local businesses.
A Flexible Layout for Buyers and Investors
One of the most interesting features of this Kill Devil Hills property is its adaptable floor plan. Previously occupied by multiple tenants, the home offers possibilities for buyers looking for a primary residence, second home, long-term rental property, or a home with separate accommodations.
A covered front porch opens into a spacious foyer with a sink, counter space, and shelving. From here, the home divides naturally into different living areas.
The main portion features a comfortable living room with hardwood floors along with the kitchen and dining area. Two bedrooms and a full hall bathroom occupy the opposite side of the home, keeping the primary living and sleeping spaces conveniently located on one level.
Additional Flex Space With a Private Entrance
Beyond the kitchen, a few steps lead down to an additional flex space that expands the home’s possibilities. Depending on a future owner’s needs, this area could function as a home office, studio, hobby room, additional sleeping area, or another private living space.
It includes its own bathroom, a large storage closet, and a separate exterior entrance to the backyard. For an investor evaluating Outer Banks rental property, features like separate entrances and adaptable spaces can provide options that a more traditional floor plan may not offer.
Separate In-Law Apartment Adds Even More Possibility
Accessible from the secluded backyard is a separate in-law apartment featuring its own private bathroom, refrigerator, and sink.
This additional space could be particularly appealing for buyers who need privacy for guests or extended family, or who want to explore different rental and living configurations, subject to applicable local regulations and permitting.
Rather than being locked into one traditional use, the property gives a future owner the opportunity to determine how the different spaces best fit their plans.
In-law Apartment
Wooded Lot With Room to Create an Outdoor Retreat
The setting adds another layer of appeal. Mature live oaks provide shade and privacy, creating a peaceful atmosphere despite the home’s convenient Kill Devil Hills location.
The backyard has plenty of potential to become an inviting outdoor retreat. Imagine a fire pit beneath the trees, café lights for evenings outside, or fencing to create additional privacy.
A large storage shed is another practical bonus, providing room for lawn equipment, gardening supplies, bicycles, surfboards, beach chairs, and all the gear that tends to come with owning a home on the Outer Banks.
Convenient to Kill Devil Hills Beaches and Attractions
Location remains one of the most important considerations when buying Outer Banks real estate, and this property puts owners within easy reach of both the ocean and the heart of Kill Devil Hills.
Martin Street and Calvin Street beach accesses are just a short drive or bike ride away, while the central location provides convenient access to restaurants, shopping, recreation, First Flight schools, and the Wright Brothers National Memorial.
For an investor, that accessibility can be an important consideration when evaluating a property for long-term ownership and rental potential.
With its single-level main living area, separate in-law apartment, additional flex space, multiple exterior entrances, generous storage, wooded setting, and proximity to the beach, this is not a cookie-cutter Kill Devil Hills home—and that may be exactly what makes it worth a closer look.
Whether the goal is to create a primary residence with room for extended family, establish a second home on the Outer Banks, or explore its potential as a rental investment, the property offers a variety of possibilities for its next owner.
