Hatteras Colony Homes under $500,000

Hatteras Colony Homes under $500,000

Welcome to Hatteras Colony, a hidden gem nestled in the heart of North Carolina’s scenic Outer Banks! Located in Dare County, this enchanting neighborhood offers a perfect blend of coastal charm and tranquil living, making it an ideal destination for families, retirees, and anyone seeking a slice of paradise.

Hatteras Colony is renowned for its picturesque landscapes, with stunning views of the Atlantic Ocean and easy access to pristine beaches. Here, residents can enjoy a laid-back lifestyle, where morning strolls along the shoreline and afternoons spent fishing or kayaking are the norm. The area is also rich in natural beauty, featuring lush maritime forests and wildlife, perfect for nature enthusiasts and outdoor adventurers alike.

For those looking to make Hatteras Colony their home, the real estate market offers a variety of options, including charming properties priced under $500,000. These homes provide an excellent opportunity for first-time buyers, vacation homeowners, or savvy investors looking to capitalize on the thriving rental market. Many of these residences feature open floor plans, modern amenities, and outdoor spaces ideal for entertaining or simply soaking in the sun.

In addition to its beautiful homes, Hatteras Colony boasts a close-knit community with friendly neighbors and local businesses that add to its unique character. With nearby shops, restaurants, and recreational activities, residents will find everything they need just a short drive away.

Discover the magic of Hatteras Colony, where coastal living meets community spirit, and make your dream of living in the Outer Banks a reality!

Newest Hatteras Colony Homes under $500,000

39251 Tarpon Drive, Avon
$479,000
3 Beds ⋅ 2 Baths
If you’ve been dreaming about a brand new home on Hatteras Island, this Avon cottage is one to see! Currently under construction with completion scheduled by January 15, 2027, this 3 bedroom, 2 bath home offers 1,064 square feet of living space with an open kitchen and living area, a primary suite with a private bath, and a covered porch for enjoying those salty ocean breezes. Planned finishes include LVP flooring throughout, stainless steel appliances, and quartz countertops. A big bonus is the spacious 653 square foot garage, giving you plenty of room for beach gear, fishing equipment, bikes, and storage, along with covered parking beneath the home. Beach access makes getting your toes in the sand easy, and the location puts you right in the heart of Avon. You’re only minutes from local favorites like Gidget’s Pizza, Pangea Tavern, and the Avon Pier, with shopping and everyday conveniences nearby. Canadian Hole is also a short drive away for kiteboarding, windsurfing, and paddling on the Pamlico Sound. Whether you’re looking for a primary home, a second home, or a potential vacation rental, this new construction offers a great place to start your next chapter on Hatteras Island. Call today for more information!

39251 Tarpon Drive, Avon

Listing courtesy of Midgett Realty - Rodanthe.

39228 Pompano Drive, Avon
$485,000
2 Beds ⋅ 2 Baths
Tucked along a peaceful canal in the heart of Avon, this charming coastal cottage offers the laid back island lifestyle people come to Hatteras Island for, along with a solid rental history. The home currently generates approximately $48,000 in annual rental income, with the seller managing rentals through Airbnb. With two bedrooms, two baths, and a loft sleeping area, there is plenty of space for friends and family while still keeping that cozy beach cottage feel. The main level features a bright, open living area with an easy flow between the living space, dining area, and kitchen. Two bedrooms and a full bath are located on this level, making everyday living simple and convenient. Upstairs you will find a loft style bunk room with three twin beds along with a bonus hangout space with a futon, creating a flexible area for guests or a second living space. Step outside and you will quickly see what makes this property special. The canalfront setting offers a private dock where you can launch kayaks or paddleboards and explore the waters leading out to the sound. A spacious deck is the perfect place for morning coffee or evening sunsets, and the area beneath the home includes shaded seating, a charcoal grill, and an outdoor shower after a day at the beach. Deeded beach access is just a short walk away, making it easy to spend the day swimming, fishing, or simply enjoying the wide open shoreline. Located in the heart of Avon, you are also close to the island’s grocery store, restaurants, shops, Avon Pier, and the bike path that runs through the village. World class kiteboarding at Canadian Hole is just a short drive away. Whether you are looking for a full time home, a weekend escape, or an investment property with established rental income, this canalfront cottage is a wonderful way to enjoy life on Hatteras Island.

39228 Pompano Drive, Avon

Listing courtesy of Midgett Realty - Rodanthe.

39270 Wahoo Circle, Avon
$490,000
3 Beds ⋅ 2 Baths
If you have been looking for that easygoing Hatteras Island beach house, this is it! Located on Wahoo Circle in the heart of Avon, this charming cottage has a bright, beachy feel and puts you close to the ocean and everything that makes Avon such a fun place to own. Inside, the open living area is cheerful and comfortable with coastal touches, plenty of natural light and an inviting kitchen with open shelving, plenty of workspace and a butcher block center island that adds just the right touch of coastal cottage charm. The single-level floor plan keeps things simple, with three bedrooms, two baths and laundry all conveniently located on one level. Outside is where the Hatteras Island lifestyle really kicks in. Start your morning with coffee on the screened porch, spend the day at the beach, then come home and relax in the hot tub or enjoy the sunshine and salt air from the spacious decks. There is plenty of outdoor space for kicking back after a day on the water, and the screened porch is a great spot for those breezy Avon evenings. And the location is hard to beat! You are close to the beach, Avon Pier, shopping, groceries, restaurants and local favorites including Gidget’s Pizza, Pangea Tavern and Oceana’s Bistro. Head over to Canadian Hole for kiteboarding, windsurfing, kayaking or one of those beautiful Hatteras Island sunsets, and hop on the nearby walking and biking path to explore even more of Avon. Whether you are looking for a second home, vacation getaway or rental investment, this one offers the location, beachy charm and laid-back lifestyle buyers come to Hatteras Island looking for. Grab the flip-flops and come take a look!

39270 Wahoo Circle, Avon

Listing courtesy of Midgett Realty - Rodanthe.

40234 Beachcomber Drive, Avon
$489,900
3 Beds ⋅ 2 Baths
Barefoot Beachcomber lives up to its name with easy beach access and the laid-back feel of a classic Avon cottage. Tucked among mature trees, the home and fenced yard have a surprisingly private feel. The spacious screened porch, complete with comfortable seating and a porch swing, is just waiting for morning coffee, an afternoon nap, or a breezy evening after the beach. Inside, the bright and open living, dining, and kitchen area makes it easy for everyone to gather. The home offers three bedrooms and two full baths, with the kitchen, bathrooms, and deck all updated in 2019. It also has a FORTIFIED roof and new entry stairs added in spring 2026. After a sandy day, rinse off in the outdoor shower while the dog enjoys the fenced yard. The large storage room beneath the house has plenty of space for beach chairs, fishing rods, bikes, and all the gear that comes with Hatteras Island living. The central Avon location puts you close to grocery and hardware stores, locally owned shops, and some great places to eat. Grab a pizza at Gidget’s, enjoy dinner at Pangea Tavern or Oceana’s Bistro, fish from Avon Pier, or head to Canadian Hole for watersports and a beautiful Pamlico Sound sunset. With the nearby walking and bike path and the beach close by, Barefoot Beachcomber makes enjoying Avon easy. Whether you are looking for a second home, year-round residence, or investment property, this cottage is ready for its next chapter!

40234 Beachcomber Drive, Avon

Listing courtesy of Midgett Realty - Rodanthe.

40220 Fitzwater Court, Avon
$445,000
2 Beds ⋅ 1 Baths
SEMI OCEANFRONT home located in Avon Village, which offers 2 bedrooms, and 1 full bathroom. Offered at $445,000! This home has been well loved and meticulously maintained and it shows! This classic beach cottage is just what you are looking for! One level living at its best! Only steps to the wide, beautiful beach with ocean views from the sundeck! TRULY TURN KEY! This lovely cottage has been a 2nd home and light use vacation rental for several years, but would be ideal for a primary residence or investment property as well! RENTAL PROJECTION OF $17K on file! Plenty of outdoor living space includes a screen porch, sundeck, shaded patio and paved under house area. X FLOOD ZONE - No Flood Insurance is required! Centrally located to all of Hatteras Island sites and scenes, this property has a very close proximity to the Avon Pier, one of the best kite/wind surfing locations on the East Coast is just down the street! Walk or bike to the local eateries, shopping, or 24 hour fitness. Some recent improvements include: New Fortified Roof, All New Interior Paint, New Interior drywall in bedrooms and ceilings, New expanded front deck and stairs, New updated Electric box and lines in bedrooms, New Refrigerator, New Washer/Dryer. Schedule your showing today!

40220 Fitzwater Court, Avon

Listing courtesy of Midgett Realty - Avon.

39042 Drum Road, Avon
$450,000
2 Beds ⋅ 1 Baths
Charming canal-front cottage in the heart of Avon offering 86 feet of waterfrontage with direct access, perfect for boating, kayaking, or soaking in the coastal lifestyle. This beautifully renovated 2-bedroom, 1-bath beach retreat blends classic Outer Banks charm with modern updates. Proven rental income makes it an ideal investment or personal getaway. Enjoy close proximity to local restaurants, shops, and easy beach access just minutes away. Relax on the deck, fish from your backyard, or explore all that Hatteras Island has to offer. Seller is agreeable to a 50% co-ownership partnership structure for $225,000. Perfect opportunity for an investor or vacationer to own a deeded 50% stake in a beach property with zero property debt, as the existing mortgage would be satisfied at closing. Full traditional sale offers are also welcome.

39042 Drum Road, Avon

Listing courtesy of Atlantic Sotheby's International Realty.

26212 Bluebeard Road, Salvo
$499,000
3 Beds ⋅ 2 Baths
This classic Nags Head–style ocean-side cottage blends timeless coastal charm with the ease of modern living, offering three inviting bedrooms and two beautifully updated baths. Every inch of the home has been thoughtfully renovated—from the fresh, airy paint palette to the brand-new flooring that carries a sense of warmth and continuity throughout. The open living space welcomes you with comfortable, stylish furnishings that feel both relaxed and refined, perfect for gathering after a long day in the salt air. The kitchen shines with all-new appliances, ready for everything from quick beach breakfasts to leisurely seafood dinners. Each bedroom offers a quiet retreat, designed for rest and restoration. Just minutes from the beach, mornings can begin with a barefoot walk to the shoreline and end with sunsets that melt into the horizon. Despite its tranquil setting on a quiet, laid-back island, the cottage is conveniently close to everything—local shops, favorite restaurants, the fishing pier, and a variety of outdoor activities from water sports to biking and exploring. Lots of decks to enjoy – both covered and sun filled. Two screen porches, and a roof top deck to enjoy both sunrises and sunsets / sound to ocean! Under home is outdoor shower, storage, and a hot tub to relax in. It’s a place where time slows down, where the days feel longer and lighter, and where the simple joys—salt air, sunshine, and good company—become the most memorable part of your stay.

26212 Bluebeard Road, Salvo

Listing courtesy of Howard Hanna Outer Banks Realty.

39916 NC 12 Highway, Avon
$419,900
3 Beds ⋅ 1 Baths
Welcome to this charming Avon Beach Box--your perfect slice of island living! Whether you're looking for a full time home or a cozy second getaway, this home offers easy one level living with a spacious storage area and laundry underneath for all of your beach toys! With a public beach access within walking distance, there is rental income opportunity as well. There is an ample wrap around deck with access on both sides of the home for morning coffee, cocktails, or a sunset dinner. Located in the heart of Avon, you are just minutes from local shops, restaurants, and entertainment. This home has seen numerous updates, including new stainless steel appliances and countertops in (2024), some cabinets, and fresh interior paint (2023), 21 new pilings 2022-2023. This sweet coastal cottage truly shines--don't miss your chance to secure your own little slice of beach life! Seller is offering $5K Credit at closing.

39916 NC 12 Highway, Avon

Listing courtesy of Outer Banks Realty Group.

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