Outer Banks, NC
Homes For a Fraction.



What’s Special about the Outer Banks

What’s truly special about the Outer Banks lies in its unparalleled blend of natural beauty, rich history, and unique coastal culture. This enchanting stretch of North Carolina’s coastline boasts some of the most pristine beaches in the United States, where the Atlantic Ocean meets the sandy shores in a breathtaking display of nature’s grandeur. The Outer Banks is a place where you can explore iconic landmarks like the Wright Brothers National Memorial, where aviation history was made, or the storied Cape Hatteras Lighthouse, a testament to the region’s maritime heritage. Beyond its historical significance, the Outer Banks nurtures a sense of community and hospitality that welcomes visitors and residents alike. From the local seafood delicacies to the vibrant festivals celebrating the island’s heritage, the Outer Banks offers a lifestyle that blends relaxation, adventure, and a deep connection to the sea. It’s a place where the past and present coexist harmoniously, creating an atmosphere that’s truly special and cherished by all who have the privilege of experiencing it.

About the Outer Banks of North Carolina

The Outer Banks of North Carolina is a popular vacation destination with over 100 miles of pristine beaches, small resort towns, and a variety of outdoor activities. It is a family-friendly destination with plenty of activities for all ages, and a great place to learn about history and nature. It is also a popular spot for fishing, boating, and other water sports. The Outer Banks has a mild climate, with average temperatures ranging from 55 degrees Fahrenheit in the winter to 85 degrees Fahrenheit in the summer. This makes it a great place to vacation year-round.

The average home price in the Outer Banks is $500,000, which is lower than the national average of $375,000. Along with that, the rental occupancy rate in the Outer Banks is 85%, which means that your vacation home is likely to be rented out most of the year. What’s even better is that the average daily rental rate for a vacation home in the Outer Banks is $300 so you can easily cover your mortgage and other expenses by renting out your home.

Towns & Beaches

The Outer Banks offer a variety of towns and beaches, each with their own features that make them attractive to vacation homeowners:

  • Duck: Situated along the scenic Outer Banks coastline, Duck is a charming coastal town known for its picturesque setting and vibrant community. Duck’s town center is a hub of activity, featuring a delightful assortment of shops, restaurants, and amenities, making it a focal point for both residents and visitors alike. Families are drawn to Duck for its proximity to the pristine beaches and the serene soundside, providing ample opportunities for relaxation and water-based activities. With a blend of modern comforts and coastal beauty, Duck, NC, offers a welcoming environment for all who call it home.
  • Nags Head: Nags Head, nestled on the Outer Banks, boasts a rich coastal heritage and a lively atmosphere. This beloved town is renowned for its dynamic array of shops, eateries, and attractions, making it a go-to destination for residents and tourists alike. With its central location on the barrier island, Nags Head is a favored choice for families seeking the quintessential beach experience. Its expansive shoreline and iconic sand dunes offer ample space for beachgoers and water sports enthusiasts. Nags Head embraces the essence of beachfront living and remains a cherished coastal haven.
  • Kitty Hawk: A coastal gem on the Outer Banks, is celebrated for its historical significance and vibrant community. This charming town is home to a diverse collection of shops, restaurants, and amenities, making it a convenient and bustling destination for residents and vacationers. Families are drawn to Kitty Hawk for its proximity to both the Atlantic Ocean and the tranquil Albemarle Sound, offering a plethora of recreational opportunities. Nestled amidst the dunes, Kitty Hawk provides a coastal lifestyle brimming with charm and coastal character.
  • Corolla: Corolla, located on the northern reaches of the Outer Banks, is a picturesque coastal town renowned for its natural beauty and upscale living. This serene community boasts a unique blend of boutiques, dining establishments, and conveniences, creating a haven of luxury for its residents. Families seeking an exclusive coastal lifestyle are drawn to Corolla, where the pristine beaches and tranquil atmosphere provide an ideal backdrop for relaxation and recreation. Corolla’s grandeur and sophistication make it a sought-after destination for those seeking coastal living at its finest.
  • Kill Devil Hills: Situated in the heart of the Outer Banks, is a dynamic coastal town brimming with energy and character. Known for its eclectic mix of shops, eateries, and entertainment options, this vibrant community is a magnet for both locals and tourists. Families flock to Kill Devil Hills for its proximity to the Atlantic Ocean and the soundside, offering endless opportunities for outdoor adventures. With its spirited atmosphere and coastal charm, Kill Devil Hills provides an inviting coastal lifestyle that captures the essence of the Outer Banks.
  • Hatteras: Perched on the southern edge of the Outer Banks, is a tranquil coastal retreat known for its natural beauty and laid-back atmosphere. This coastal town boasts a quaint selection of shops, restaurants, and services, catering to the needs of its close-knit community. Hatteras draws families and outdoor enthusiasts with its access to the Atlantic Ocean and the Pamlico Sound, creating a haven for water sports and relaxation. In Hatteras, residents enjoy a peaceful coastal lifestyle where the rhythm of the tides sets the pace for everyday living.

Each of these unique coastal communities along North Carolina’s Outer Banks offers its own distinct charm and lifestyle. Whether you’re seeking the vibrant atmosphere of Nags Head, the historical significance of Kitty Hawk, the upscale elegance of Corolla, the dynamic energy of Kill Devil Hills, or the tranquil beauty of Hatteras, the Outer Banks provides a diverse range of living experiences. From the central conveniences of Duck to the secluded serenity of Corolla, each town is a testament to the allure of coastal living. No matter where you choose to call home, the Outer Banks invites you to embrace the salt-kissed air, sandy shores, and vibrant community spirit that define this enchanting stretch of North Carolina’s coastline.

Family at fractional ownership beach house smiling while walking down beach path

Fractional Ownership with Plum

It’s a cost-effective way to enjoy the pristine beaches and serene landscapes of The Outer Banks, NC without the sole commitment of property ownership. By sharing ownership with others, you gain access to a luxurious island retreat for a fraction of the price…and for a fraction of the hassles and risk. It’s the perfect blend of affordability, convenience, and indulgence at one of North Carolina’s most sought-after destinations.

Own with family and friends

See if you’re really compatible.

Owning a vacation with family and friends can be a wonderful experience but it’s important to make sure you’re aligned. Start your co-ownership journey off on the right foot. 

*Currently for NC Beaches

Compatibility Quiz

The Outer Banks, NC Homes for Sale

Currently available homes with potential for Plum CoOwnership.

Find a group… or start one!


Check out public group proposals and locations in our marketplace.

Start your Own Group

Describe your vacation home and usage privately with family or friends, or team up with well-vetted allies. Whether for creating memories, an investment or both—it’s easy!

Free to initiate a proposal
Takes <5 minutes.
Concierge guidance, if needed.


How does fractional ownership work on the Outer Banks?

Fractional ownership on the Outer Banks (OBX), or anywhere else, typically refers to the ownership of a property where multiple individuals or parties collectively own a share or a percentage of an LLC. This concept is commonly used for vacation homes and resorts, allowing multiple owners to share the costs, responsibilities, and benefits of owning a higher priced property. Learn more about the comparison of fractional ownership models. Specific to the Outer Banks, the available fractional ownership properties on Duck, NC can be restrictive for some in regards to: 1.) usage (ex. 46 week schedule out of a 52 week year and 1 week usage per share purchased), 2.) property types (specific resort/development/home types), and 3.) monthly fees that may be out of reach.

Plum CoOwnership offers an exciting new alternative that opens dream vacation home ownership up to more people and any available home (pending local laws and restrictions). Learn more about how Plum works, different co-buying options, and even how to sell your current Outer Banks home as a fractional ownership home AND still maintain an ownership share!

What’s the easiest way to get started?

Plum makes it easy to form your group, get your ducks in a row, and then engage a real estate agent.  Your first step is to engage us to help you craft a Plum based on your budget, and then share it with people with whom you’d like to buy a home!

Is Plum a timeshare or something like Pacaso?

With a timeshare, you are simply buying “time”. With Plum CoOwnership, you are efficiently buying a fraction or share of a complete vacation home and your usage and equity is equal to your share percentage. Of course, your share price can vary based on the property sale price and number of co-owners. Regardless, this type of investment asset is likely to increase in value over time versus a timeshare which depreciates over time.

Timeshares are usually condos at a vacation resort, whereas you can co-own a home in any neighborhood in a vacation destination. Typically, timeshares offer limited flexibility with your designated vacation period. Plum CoOwnership, on the other hand, offers greater flexibility in scheduling your vacation. Moreover, you are not allowed to rent or Airbnb your timeshare. With Plum, the co-buyers or group has the option to rent and makes that determination, subject to local rules and regulations.

Pacaso is an established leader in ultra-luxury property co-ownership. Plum does not own properties but offers access to available vacation properties and other co-buyers through a shared technology platform, while Pacaso only offers access to their properties from their robust acquired real estate portfolio. High net-worth individuals compete for select Pacaso homes vs. Plum’s mass affluent customers that have access to properties anywhere.

Learn more with our fractional ownership comparison of timeshares, Pacaso and Plum.

How do I get out if I need to?

You can leave any time after the first year with a 90-day notification period to the ownership group.

Is a fractional ownership a wise investment?

Overall, fractional ownership can be a good and efficient investment for people who want to own a vacation home, but do not want to pay the full property price. However, it is important to carefully consider all of the factors involved before making a decision.  A few of the considerations:

  • Budget: Fractional ownership can be a more affordable way to own a vacation home, but it is still an investment. You will need to make sure that you can afford the monthly maintenance fees and the cost of any repairs or upgrades.
  • Travel Plans: If you plan to use the property frequently, fractional ownership can be a good way to save money on vacation costs. Even if you only plan to use the property a few times a year, fractional ownership could still be a good investment if you’re able to rent out your share when not in use.
  • Be prepared to share: When you invest in fractional ownership, you are sharing the property with other owners. This means that you may not always be able to use the property when you want to.
  • Be prepared for the unexpected: As with any investment, there is always the potential for loss. If the property value declines or if you are unable to sell your share, you could lose money.
  • Understand the terms and conditions.
  • The property: It is important to research the property carefully before you buy a share. Make sure that the property is in good condition and that it is located in a desirable area. Seek out assistance from an experienced real estate agent who can provide resources to help you with this process.
  • Property Management: If not maintained by the group (DIY), a property management company is responsible for the day-to-day operations of the property. You need to make sure that the company is reputable and that you’re comfortable with the fees and policies.
Are the other owners vetted?

Plum provides a background check, a credit check, and a budget check to ensure that all parties will be good co-owners, also known as PlumCertified.  The results are confidential to the buyer who is being vetted, and, in the event that there is a red flag, the vetted buyer has the opportunity to simply and elegantly remove themselves from the process.

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