Homes/North Carolina/Avon/42184 Shallow Point Dr Lot 15 2&3
CompCasa Property Analysis · single_family

42184 Shallow Point Dr Lot 15 2&3

Remodeled Coastal Cottage with Panoramic Ocean & Sound Views

Turn-key 3BR/2BA Avon retreat—extensive upgrades and sweeping water vistas

3 beds2 baths1,508 sq ftBuilt 19900.34 acrescarport
CompCasa valuation analysis
Estimated market value
$525,000
Low $500,000 · Midpoint $525,000 · High $550,000
Confidence85%Sales comparison approach
Last recorded sale$265,000Nov 6, 2019
Assessed value$262,1002024 assessment
CompCasa estimate$525,000Mar 8, 2026
Estimate vs. last recorded sale+$260,000 / +98.1%
$500,000$525,000 midpoint$550,000
Price / sq ft$348
Median sale price$435,000
Avg days on market119 days
Inventory6.5 months

Sales comparison approach using recent comparable sales within the neighborhood, adjusted for size, condition, and upgrades. Income approach considered based on potential rental income in the area.

About the property

Remodeled Coastal Cottage with Panoramic Ocean & Sound Views

Perched on a generous 0.34‑acre parcel in Askins Creek, this impeccably updated coastal cottage delivers sweeping views of the Atlantic Ocean, Pamlico Sound and the Cape Hatteras National Seashore. Recent investments—totaling more than $130,000—give the house a fresh, durable coastal aesthetic: new exterior cedar shakes, luxury vinyl plank flooring, shiplap ceilings on the upper level and a modern HVAC system controlled by Ecobee thermostats. From the moment you approach, the home reads as a carefully cared‑for beach retreat built for both comfort and low-maintenance living.

Inside, a bright living area opens to the primary vistas, while an updated kitchen features modern appliances and thoughtful finishes that support everyday life and seasonal entertaining. The two‑story layout provides separation between living and sleeping areas; three bedrooms and two baths are arranged for privacy and convenience. Practical touches—under‑house storage, a well‑constructed dog run and upscale deck furnishings—reflect attention to both short‑term rental readiness and year‑round ownership.

Outdoors, the sizable lot allows room for expanded outdoor living and keeps the beachy neighborhood feel intact. The paved carport provides covered parking for two and easy access from Shallow Point Drive. Utilities are straightforward for the area: municipal water, septic, central air and an electric heat pump. The property’s condition is listed as excellent—turn‑key for a buyer who values coastal views without the immediate need for upgrades.

Location is among this home’s strongest attributes: you’re about 0.5 miles from Cape Hatteras National Seashore and within a short drive of the Avon Fishing Pier, Food Lion and Hatteras Island Plaza. Whether you’re seeking a primary residence, a seasonal getaway, or a rental opportunity, this cottage pairs modern systems and finishes with the unfiltered atmosphere of Hatteras Island.

Prospective buyers should verify lot boundaries and flood insurance requirements as part of due diligence. With recent comparable sales nearby and a valuation estimate centered around $525,000, this property presents a rare combination of panoramic water views, thoughtful renovations and convenient island access.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$592,500
Property address42183 Shallow Point Dr, Avon, NC 27915
4 bed3 bath2,134 sq ftBuilt 20040.1 mi14,810 sq ft lot$278/SF
Sold Dec 4, 2024
Subject difference
  • 626 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • Similar lot size
  • 14 years newer
Research comparison noteCanalfront property with similar lot size and additional bedroom; sold in December 2024
02Sold price$589,000
Property address42187 Shallow Point Dr, Avon, NC 27915
3 bed4 bath2,780 sq ftBuilt 19850.1 mi15,500 sq ft lot$211/SF
Sold Aug 29, 2025
Subject difference
  • 1,272 SF larger
  • 2 additional bathrooms
  • Similar lot size
  • 5 years older
Research comparison noteWaterfront property with larger living area and additional bathroom; sold in August 2025
03Sold price$638,505
Property address42175 Shallow Point Dr, Avon, NC 27915
4 bed3.5 bath2,154 sq ftBuilt 20050.1 mi17,860 sq ft lot$296/SF
Sold Jul 15, 2025
Subject difference
  • 646 SF larger
  • 1 additional bedroom
  • 1.5 additional bathrooms
  • 3,050 SF larger lot
  • 15 years newer
Research comparison noteSimilar coastal cottage with additional bedroom and half bath; sold in July 2025
Comp methodology: Comparable sales and leases selected based on proximity, property type, and similarity in size and features to the subject property.
Property details

A 1990 coastal cottage on 0.34 acres.

Building

Year built1990
ConstructionFrame
RoofAsphalt
Heatingelectric heat pump
Coolingcentral air

Site & utilities

Lot size0.34 acres
Garagecarport
Stories2
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesExtensive upgrades totaling over $130,000, including new exterior cedar shakes, luxury vinyl plank flooring, shiplap ceilings, and updated HVAC system
Lot area14,810 sq ft
TopographyLevel
FrontageLocated on Shallow Point Dr with views of the Atlantic Ocean and Pamlico Sound
ParkingCarport
Parking spaces2
Parking notesPaved, underground parking with carport
AccessStandard residential driveway from Shallow Point Dr
WaterMunicipal
SewerSeptic Tank
ElectricAvailable
GasNot Available
Location & nearby

Askins Creek

Researched nearby locations

Cape Hatteras National Seashore (0.5 mi)
Avon Fishing Pier (1.2 mi)
Food Lion Grocery Store (1.5 mi)
Hatteras Island Plaza (1.6 mi)

Location

42184 Shallow Point Dr Lot 15 2&3, Avon, NC 27915

View in Google Maps
Editorial neighborhood context

Avon is a low‑key Outer Banks village prized for beach access, fishing and proximity to Cape Hatteras National Seashore. The Askins Creek area blends year‑round residents with seasonal vacation homes, offering a quiet coastal lifestyle with essential services close by—Food Lion and Hatteras Island Plaza are minutes away. Outdoor recreation defines daily life here: surf, pier fishing, sand walking and access to protected seashore lands make it ideal for buyers who prioritize nature and relaxed island rhythms over dense urban amenities. Expect a friendly community atmosphere with seasonal tourism driving much of the local activity.

Nearby access summary

Excellent coastal recreation: Cape Hatteras National Seashore is about 0.5 miles away, Avon Fishing Pier is 1.2 miles out, and nearby beaches and shoreline paths provide ample options for swimming, fishing, biking and running.

ElementaryCape Hatteras Elementary School (5/10)
Middle schoolCape Hatteras Secondary School (4/10)
High schoolCape Hatteras Secondary School (4/10)
School districtDare County Schools
Market context

A factual market snapshot around 42184 Shallow Point Dr Lot 15 2&3.

Median sale price$435,000
Avg days on market119 days
Inventory6.5 months
1-year appreciation4.0%
5-year appreciation15.0%
Editorial market perspective

The current Avon/Askins Creek market favors buyers: inventory sits at roughly 6.5 months and homes average about 119 days on market. Local median sale price is near $435,000 and the area has shown modest appreciation—about 4% year-over-year and roughly 15% over five years. Recent comps on Shallow Point Drive fetched between approximately $589K and $638K for canalfront and waterfront properties in 2024–2025, reflecting strong demand for waterfront positions but also variability tied to size and direct water access. Single‑family coastal cottages like this one remain attractive to second‑home buyers and investors because of limited supply of quality turn‑key homes with expansive views. That said, current higher inventory means motivated buyers have negotiating leverage; sellers who present homes with clear maintenance records and recent upgrades—like this property’s $130K+ renovations—tend to capture stronger offers. For buyers, this environment is a good time to secure favorable terms on a well-upgraded home; for investor buyers, rental demand and strong seasonality on Hatteras Island support upside but warrants evaluation of flood insurance and operating costs.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1
DescriptionSingle Family Residential
JurisdictionDare County
Assessor useSingle Family Residential
Current useResidential
SetbacksStandard residential setbacks apply

Research-indicated uses

  • Single Family Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$106,700
Assessed improvements$155,400
Total assessed$262,100
Assessment year2024
Annual property tax$1,687
Tax year2024

Sale history

2019-11-06$265,000 · $176/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,995/mo
Property address42187 Shallow Point Dr, Avon, NC 27915
3 bed4 bath2,780 sq ft$1.08/SF
Leased Feb 12, 2025
Subject difference
  • 1,272 SF larger
  • 2 additional bathrooms
Research comparison noteWaterfront property with larger living area; leased in February 2025
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property listed for sale at $529,000 as of March 8, 2026
  • Last sold in November 2019 for $265,000
  • Assessed value of $262,100 for tax year 2024
  • Located in R-1 zoning district, allowing single-family residential use
  • Flood zone designation may require specific insurance coverage

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly obtained
  • Assess flood insurance requirements and costs
  • Professional home inspection
  • Review local school ratings and programs
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • 1,508 sq ft across two stories
  • Luxury vinyl plank flooring throughout
  • Shiplap ceilings on upper level
  • Updated kitchen with modern appliances
  • Updated HVAC system with Ecobee thermostats
  • Electric heat pump and central air
  • Excellent condition — recently renovated

Exterior & Lot

  • 0.34-acre (14,810 sq ft) lot with wide water views
  • New cedar shake exterior
  • Paved carport with 2 covered parking spaces
  • Under-house storage and constructed dog run
  • Asphalt roof, frame construction
  • Septic on-site, municipal water

Location & Neighborhood

  • Askins Creek neighborhood — relaxed beach community
  • 0.5 miles to Cape Hatteras National Seashore
  • 1.2 miles to Avon Fishing Pier
  • 1.5 miles to Food Lion grocery
  • 1.6 miles to Hatteras Island Plaza
  • Approximately 0.3 miles to NC Highway 12

Walkability & Recreation

  • Walkability Rating: 45/100 — Car-Dependent
  • Cape Hatteras National Seashore (0.5 mi) for beach access
  • Avon Fishing Pier (1.2 mi) for fishing and sunset walks
  • Nearby beaches and shoreline trails for biking and running
  • Hatteras Island Plaza (1.6 mi) for shopping and services
  • Community green spaces and seasonal recreational events
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing page for 42184 Shallow Point DrView source
2
Zillow property page for 42184 Shallow Point DrView source
3
Trulia listing page for 42184 Shallow Point DrView source
4
RE/MAX listing page for 42184 Shallow Point DrView source
5
Dare County Tax DepartmentView source
6
Dare County Planning DepartmentView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.