1108 Cambridge Rd, Unit 307I

Kill Devil Hills, NC 27948

$335,000
Price
2
Beds
1,117 Sq. Ft.
$300 / Sq. Ft.
1,117
Sq. Ft.
$300
per Sq. Ft.
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Under Contract
Under Contract

Description

Turn-key Outer Banks investment opportunity with an impressive 12% return, a rare find at this price point in Kill Devil Hills. Whether you're building your short-term rental portfolio or looking for a high-performing beach getaway that pays for itself, this property delivers. Welcome to Calypso Cay, this island-inspired condo has a proven rental history and is perfectly set up for Airbnb vacation rentals and winter rental. The ground level features a dry entry and a spacious two-car garage, ideal...Turn-key Outer Banks investment opportunity with an impressive 12% return, a rare find at this price point in Kill Devil Hills. Whether you're building your short-term rental portfolio or looking for a high-performing beach getaway that pays for itself, this property delivers. Welcome to Calypso Cay, this island-inspired condo has a proven rental history and is perfectly set up for Airbnb vacation rentals and winter rental. The ground level features a dry entry and a spacious two-car garage, ideal for owner storage, bikes, beach gear, or even a game room to boost rental appeal. The second level offers two private primary suites, each with its own bath and deck, an ideal layout for maximizing rental occupancy and guest comfort. The top floor showcases an open-concept living space with high ceilings, a bright kitchen, and multiple outdoor decks, perfect for creating that “wow” factor renters are looking for. Located in the sought-after Bermuda Bay community, guests will love the resort-style amenities at the Elbow Beach Club, featuring a pool, cabanas, water features, and slide-key amenities that drive bookings and repeat guests. Community sound access adds even more lifestyle value with kayaking and sunset views. Just 1.2 miles to Ocean Bay Blvd beach access (with parking, bath house, and accessibility features), this location checks every box for vacationers. Plus, you're minutes to shopping, restaurants, and iconic OBX attractions like the Wright Brothers Monument. New roof in 2025, HVAC and new rear deck in 2026. Affordable, income-producing, and ideally located; this is the kind of Outer Banks investment buyers wait for.
  1. Listed by Cindy Edwards • Century 21 Nachman Realty
    C: (252)-256-0520 cindy@obxc21.com

Property Details for 1108 Cambridge Road, Unit 307I

Architectural Style
Caribbean, Reverse Floor Plan
Waterfront Features
None
Zoning
G/I
LISTING UPDATED: 06/10/2026 10:27 PM

Property Details for 1108 Cambridge Road, Unit 307I

StatusUnder Contract
MLS #132757
Days on Market36
Taxes$1,831 / year
HOA Fees$8,280 / year
Condo/Co-op Fees-
Property TypeCondominium
MLS TypeResidential / Condominium
Year Built2006
Lot Size-
CountyDare County
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Location

Listing Courtesy of Century 21 Nachman Realty
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Building Information for 1108 Cambridge Road, Unit 307I

Stories-Residences-Year Built2006Lot Size-

Payment Calculator

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$2,512 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,669

Property Taxes

$153

HOA Dues

$690

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Property Information for 1108 Cambridge Road, Unit 307I

Summary
Location and General Information
  • Directions: From 158, turn west onto Colington Rd., turn left onto Bermuda Bay Blvd., then left on to Cambridge Rd. Follow to last building on the left, unit is 2nd from the end.
  • Latitude: 36.006752
  • Longitude: -75.671233
  • Subdivision Name: Bermuda Bay - Cambridge Cove
  • Year Built: 2006
  • Major Subdivision: Bermuda Bay
  • Full Subdivision Name: Bermuda Bay
  • Front Garage: 2 Car,Attached
Parking
  • Parking Features: Paved
Taxes and HOA
  • Association Amenities: Clubhouse, Fitness Center, Outdoor-Comm. Pool, Sound Access
  • Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance
  • Tax Annual Amount: $1,831.00
  • Tax Year: 2025
  • Assoc Fee Y Or N Or Voluntary: Yes
  • HOA Contact: Good Management
  • HOA Contact Info: 866-875-1383
Property
Lot Information
  • Road Surface Type: Private
Property and Assessments
  • Living Area: 1117.0
  • Ownership: Owned More than 12 Months
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed Book: 2441
  • Deed Book Pg Number: 315
  • Furnishings Available Y Or N: Yes
  • Bank Or Institution Owned: No
  • Pin Number: 98830648123855
  • Headline: Investment Condo OBX
  • Primary Htd Lv Ar SF: 1117.0
  • Condo Type: Attached
  • Additional Htd Lv Ar S F: 0
  • Total Htd Lv Ar S F: 0
Utilities
  • Sewer: Private Sewer
  • Water Source: Municipal
  • Fuel Tanks: None
Interior and Exterior Features
Exterior Feature
  • Pool Type: Association
  • E Exterior: Lap Siding,Cement Fiber Board
  • Pool: Yes
  • Construction Materials: Frame
  • Pool Features: Outdoor Pool, Association
  • Roof: Asphalt
Interior Feature
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bathrooms Full: 2
  • Bathrooms Partial: 1
  • Bedrooms Total: 2
  • Cooling: Heat Pump
  • Flooring: Carpet, Vinyl
  • Foundation Details: Piling, Slab
  • Heating: Heat Pump
  • Interior Features: , Cathedral Ceiling(s)
  • ZF Counter Tops: Laminate
  • Electronic Locks: Owned
Agent
Sale and Listing
  • Listing Id: 132757
Rental
Rent Information
  • Sale Or Rent: S
  • Estimated Annual Fee Amt: 8280

Property History for 1108 Cambridge Road, Unit 307I

DateEvent & SourcePriceAppreciation
Jun 9, 2026

Pending

Outer Banks Association of REALTORS #132757

—
May 4, 2026

Listed (Active)

Outer Banks Association of REALTORS #132757

$335,000—
Nov 12, 2025

Withdrawn

Outer Banks Association of REALTORS #129610

$309,000—
DateEvent & SourcePrice
06/09/2026

Pending

Outer Banks Association of REALTORS #132757

—
05/04/2026

Listed (Active)

Outer Banks Association of REALTORS #132757

$335,000
11/12/2025

Withdrawn

Outer Banks Association of REALTORS #129610

$309,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1108 Cambridge Road, Unit 307I

Taxable ValueLand$56,000Additions$281,000Total$337,000
Tax Record2025$1,831 ($153 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories2StyleTownhouseYear Built2006CountyDAREAPN008164194

Schools near 1108 Cambridge Road, Unit 307I

This home is within Dare County School District.
Rating
School
Type
Grades
Distance
First Flight Elementary School
Public - PK to 5
First Flight Middle School
Public - 6 to 8
First Flight High School
Public - 9 to 12
Dare Learning Academy
Public - 9 to 12
Rating
School
Distance
First Flight Elementary School
PublicPK to 5

First Flight Middle School
Public6 to 8

First Flight High School
Public9 to 12

Dare Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Nachman Realty

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 06/10/2026 10:27 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS