Location
Agent Comments
Opportunity, location, and potential! Located in an established Nags Head neighborhood, 206 West Lost Colony Drive presents an excellent opportunity for buyers with the vision to transform an existing coastal home into something truly special. Featuring three bedrooms, two bathrooms, and approximately 1,636 square feet of living space, this property offers a great starting point for a renovation project. Whether you're an investor looking for your next opportunity, a contractor searching for a project, or a buyer interested in creating a personalized Outer Banks retreat, this home deserves consideration. The property's greatest appeal lies in its location and renovation potential. Situated just a short distance from the beach, with convenient access to local restaurants, shopping, and the natural beauty of Nags Head Woods, the home offers the opportunity to invest in an established coastal neighborhood without starting from the ground up.
Amenities
- Dishwasher
- Refrigerator
- Range/Oven
Interior Features
- Cool System: Central, Heat Pump
- Heat System: Central, Electric, Forced Air, Heat Pump, Zoned
- Furnishings Available: No
Exterior Features
- Roof: Asphalt/Fiber Shingle
- Pool: No
- Exterior: Wood
- Waterfront Features: None
- Sewer/Septic: Private Septic
- Foundation: Piling
- Lot Description: Level, Wooded
- Lot Faces: S
- Roads: Paved, Public
- Style: Beach Box, Nags Head, Coastal
- Water Access: Municipal
Additional Features
- County: Dare
- Property Type: Single Family - Detached
- Year Built: 1979
- HOA Fee Required: No - Restrictive Covenants May Apply
- HOA Fee: 0
- Is an REO: No
- Construction: Wood
- Original Price: 399900
- Ownership: Owned More than 12 Months
- Primary Residence: Yes
- Taxes: 2025
- Tax Year: 2026
Seller's Representative: Timothy Lancsek, Surfside Realty

Copyrighted 2026 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.