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Oceanfront Gem in Buxton with $56,000 Rental Income – A Prime Investment Opportunity!

Discover the perfect blend of luxury living and smart investing with this oceanfront home, offering stunning views, modern upgrades, and proven rental success.

Are you ready to own a piece of paradise while enjoying a fantastic investment opportunity? Welcome to 46000 Ocean Drive, Buxton, NC, a breathtaking oceanfront home listed for $640,000. This beautifully maintained three-bedroom home offers incredible ocean views from every level and the ultimate in Outer Banks living.

The main level boasts three spacious bedrooms, including a luxurious king en suite with access to a private deck where you can swing and enjoy the sea breeze. A queen bedroom and a twin bedroom share a well-appointed full bathroom. Upstairs, the open-concept living, dining, and kitchen area features floor-to-ceiling windows that flood the space with natural light and showcase stunning ocean views. Step out onto the sundeck to enjoy direct beach access, just steps from your door.

For those seeking additional space, the cozy loft includes a queen sleeper sofa and panoramic views of the Atlantic. The home is not only beautiful but also practical, with two large owner’s closets and significant energy-efficient upgrades, such as a fortified roof, new HVAC systems, and recent hot water heater and window replacements.

Investors will be excited by the property’s income potential, with over $56,000 in rental revenue in 2023, even after several weeks of personal use by the owners. This home is perfectly positioned to continue generating rental income while you enjoy everything Buxton has to offer, including local shops, restaurants, and the iconic lighthouse, all within walking distance. Don’t miss this rare opportunity to own an oceanfront home that offers both luxury and solid returns!

Schedule a visit today and explore how this home can become your ultimate Outer Banks investment.

46000 Ocean Drive, Buxton, NC
46000 Ocean Drive, Buxton, NC

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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