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Prime Soundside Lot Hits the Market in Kill Devil Hills

A Rare Opportunity to Build in an X Flood Zone Near the Water – 0 Teakwood Ln, Kill Devil Hills

Why Investors Love This Location

Location is everything—and this lot checks all the boxes. Nestled on the west side of Kill Devil Hills, the property is located in a quiet, residential area just steps from the Albemarle Sound. It’s rare to find a buildable lot this close to the water in an X flood zone, which typically eliminates the need for costly flood insurance and helps keep long-term ownership costs low.

Additionally, wooded lots like this one provide natural privacy and landscaping potential, making your future build even more appealing to both renters and long-term residents.

Outdoor Access for Future Renters and Owners Alike

This homesite offers unbeatable access to outdoor recreation. A nearby multi-use path runs along Bay Drive and First Street, making it easy to enjoy biking, jogging, or sunset walks along the sound. Just minutes away, you’ll also find a public boat ramp and the West Third Street sound access—great for launching paddleboards, kayaks, or boats.

With water access, walking trails, and the beach all nearby, this location naturally draws renters and vacationers looking for convenience and coastal charm.

Central to Everything the Outer Banks Has to Offer

In addition to its soundside location, this lot is only a short drive to multiple Kill Devil Hills beach accesses, offering future homeowners or renters the best of both worlds—calm sound waters and easy ocean access. You’ll also be close to local landmarks like the Wright Brothers National Memorial, as well as grocery stores, shops, restaurants, and more.

Whether you’re building a second home, year-round residence, or income-producing rental, this lot offers the foundation for a smart real estate investment.

Property Highlights:

  • Located on Teakwood Lane, Kill Devil Hills (Soundside)
  • Just 3 lots back from the Albemarle Sound
  • X Flood Zone (typically no flood insurance required)
  • Wooded for natural privacy
  • Access to nearby multi-use path, boat ramp, and sound access
  • Minutes to beach accesses and the Wright Brothers National Memorial

If you’ve been waiting for the right Outer Banks investment opportunity, look no further than this newly listed soundside lot on Teakwood Lane in Kill Devil Hills. Just three lots back from the sound, this wooded parcel offers the ideal location to build your dream home or vacation rental property on the OBX.

0 Teakwood Ln, Kill Devil Hills
0 Teakwood Ln, Kill Devil Hills

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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