Property listing for 42184 Shallow Point Dr Lot 15 2&3, Avon, NC 27915
For SaleSingle Family Home

$529,000

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

Remodeled Coastal Cottage with Panoramic Ocean & Sound Views

3 Bed · 2 Bath · 1,508 Sq Ft

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

3

Beds

2

Baths

1,508

Sq Ft

1990

Built

0.34 acres

Lot

Carport (2 spaces)

Garage

About 42184 Shallow Point Dr Lot 15 2&3

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.

Home Highlights

Move-in readyRecently renovated with $130K+ in upgradesPanoramic Atlantic Ocean & Pamlico Sound viewsNew exterior cedar shakesLuxury vinyl plank flooring throughoutUpdated HVAC with Ecobee thermostatsUnder-house storage and dog runCarport parking for 2

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Cape Hatteras Elementary School

Elementary

5/10

Cape Hatteras Secondary School

Middle

4/10

Cape Hatteras Secondary School

High

4/10

Walkability & Recreation

45
Walkability
85
Recreation

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.

Investment Highlights

  • Extensive renovations totaling over $130,000, including new exterior cedar shakes and luxury vinyl plank flooring
  • Panoramic views of the Atlantic Ocean, Pamlico Sound, and Cape Hatteras National Seashore
  • Proximity to beaches, fishing pier, and local amenities enhances lifestyle appeal
  • Potential for rental income given the desirable coastal location and modern upgrades
  • Spacious 0.34-acre lot offers outdoor living space and potential for further enhancements

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

Things to Consider

  • Property is located in a flood zone, which may impact insurance costs and requirements
  • Local schools have moderate ratings, which may be a consideration for families
  • Buyer's market conditions may result in longer time to sell if resale is considered

Opportunity Analysis

Well-maintained coastal cottage with significant upgrades and stunning water views, offering a turn-key opportunity for buyers seeking a serene retreat or investment property in Avon, NC.

Potential Use Scenarios

  • Consider as a primary residence or vacation home with minimal near-term maintenance needs
  • Explore potential for rental income given the property's desirable location and modern amenities
  • Evaluate flood insurance requirements and costs as part of the purchasing process

Risk Factors

  • Flood zone designation may impact insurance costs and property maintenance
  • Buyer's market conditions could affect future resale value and time on market
  • Local school ratings may influence desirability for family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$500K

Midpoint

$525K

High

$550K

$348/SF estimated price per square foot

85% confidence

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.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$435,000
Avg Days on Market119 days
Inventory6.5 months
1-Year Appreciation+4.0%

Demographics

Population (1 mi)800
Median Income (1 mi)$55,000

Stable population with seasonal fluctuations due to tourism. Walkability Rating estimate: 45/100.

Nearby Points of Interest

  • 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)

Proximity to beaches, fishing pier, grocery store, and shopping plaza enhances lifestyle appeal.

School District

DistrictDare County Schools
ElementaryCape Hatteras Elementary School (5/10)
MiddleCape Hatteras Secondary School (4/10)
HighCape Hatteras Secondary School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1990
Constructionframe
Stories2
Roofasphalt
Heatingelectric heat pump
Coolingcentral air
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.34 acres (14,810 SF)
Topographylevel
Parkingcarport
Parking Spaces2
FrontageLocated on Shallow Point Dr with views of the Atlantic Ocean and Pamlico Sound

Utilities

Watermunicipal
Sewerseptic tank
Electricavailable
Gasnot available

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle Family Residential
JurisdictionDare County

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$262,100
Land$106,700
Improvements$155,400
Annual Tax (2024)$1,687

Sale History

2019-11-06$265,000

$176/SF

Public record sale

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