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Turnkey OBX Investment: 42023 Greenwood Place, Avon

Spacious 5-Bedroom Beach Home in Avon, NC Now Available for $699,000

42023 Greenwood Pl, Avon
42023 Greenwood Pl, Avon

Looking to invest in a high-performing vacation rental on North Carolina’s Outer Banks? Trisha Midgett and Team are excited to present Medley Paradise — a well-appointed, income-producing coastal retreat in the heart of Avon, generating $76,186 in 2024 rental income and priced at just $699,000.

Income-Generating Beach Home in Prime Avon Location

Located on a quiet cul-de-sac just a short walk to the beach, Medley Paradise offers serious rental potential and all the comforts your guests will love. With 5 bedrooms, 4 full baths, 2 half baths, and over 3,400 square feet of living space, this home can easily accommodate large groups — a major draw for Outer Banks vacationers.

Whether you’re looking to grow your rental portfolio or buy a second home that pays for itself, this property checks all the investor boxes: strong bookings, excellent location, and turnkey condition.

Resort-Style Amenities for Maximum Guest Appeal

Step outside and you’ll see why renters return year after year. A private swimming pool, hot tub, and grilling deck set the stage for memory-making moments. Just off the pool, the game room is the ultimate rainy-day hangout, complete with a pool table, wet bar, and direct access to the pool area.

Inside, guests can spread out comfortably with multiple bedroom options, including three king suites and an elevator that makes moving between floors a breeze. The top-level primary suite offers a spa-like experience with a garden tub, dual vanities, and private retreat feel.

Entertainer’s Kitchen and Breezy Outdoor Living

The great room welcomes you with vaulted ceilings, natural light, and an open-concept layout that flows seamlessly into the kitchen and dining areas. The chef’s kitchen is fully outfitted with custom cabinetry, a center island cooktop, ice maker, dual dishwashers, prep sink, and two refrigerators — a major perk for vacationing families.

Just off the kitchen, a screened porch and multiple furnished decks offer tranquil spots to sip coffee, dine al fresco, or enjoy the ocean breeze.

Walk to the Beach, Pier, Restaurants & More

Medley Paradise is ideally located within walking distance of deeded beach access, ORV Ramp 38, and the world-renowned Canadian Hole — a favorite destination for kiteboarding, windsurfing, and sunset watching. The iconic Avon Pier is nearby for fishing or sightseeing.

As the “Center of Hatteras Island,” Avon is packed with year-round conveniences and small-town charm. You’ll find everything from the island’s only chain grocery store to hardware shops, a local pharmacy, and popular restaurants like Gidget’s Pizza, Pangea Tavern, and Oceana’s Bistro — all just minutes from your front door.

Why Investors Love Medley Paradise

  • $76,186 in rental income for 2024
  • 5 bedrooms, 4 full baths, 2 half baths
  • Over 3,400 sq ft of living space
  • Private pool, hot tub, game room, elevator
  • Steps to beach access and local attractions
  • Turnkey and rental-ready at $699,000

Outer Banks investment opportunities like this don’t come along every day. If you’re ready to own a strong-performing vacation rental in a prime location, reach out to Trisha Midgett and Team today. Let’s get you in Medley Paradise before the season kicks off!

42023 Greenwood Pl, Avon
42023 Greenwood Pl, Avon
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