101 Settlers Lane, Duck, NC, 27949

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$1,699,000
112 Days On Site

101 Settlers Lane
Duck, NC 27949

For Sale|Single Family Residence|Active
8
Beds
9
Total Baths
7
Full Baths
4
Partial Baths
11,685
SqFt
$145
/SqFt
1998
Built
Subdivision:
Founders Ridge
County:
Dare
101 Settlers Lane101 Settlers Lane101 Settlers Lane101 Settlers Lane
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Monthly Payment (Est.)

$7,752
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Exceptional investment opportunity (Asking just 71% of current tax assessed value!) in the heart of Duck offering rare scale, resort-style amenities, and deeded beach access directly across the street via Georgetown Sands Road. The Drake at Founders Ridge presents a unique chance to own one of Duck’s largest and most versatile vacation rental properties, designed to maximize guest experience, repeat bookings, and strong income potential. The current owners reserve the property themselves for several weeks each year, leaving room for a new owner to increase rental income by opening up additional prime rental weeks. Spanning an impressive 11,000 square feet of interior living space plus approximately 9,000 square feet of decking, this 8-bedroom estate comfortably accommodates large groups while offering the privacy and amenities today’s luxury rental guests seek. Featuring 6 en-suite bedrooms, multiple gathering spaces, ocean views, expansive outdoor living, and elevator access, the home is purpose-built for memorable multi-generational vacations, retreats, and special gatherings. *Virtually staged photos are included to showcase a fresh, updated look with the addition of luxury vinyl tile (LVT) flooring in place of carpet and an elevated modern coastal design aesthetic. Even a golf simulator, arcade room with foosball, and indoor ping pong table has been virtually staged to illustrate a creative way to better utilize spaces and enhance rental appeal and income potential.* Outside, guests enjoy a private, gated saltwater pool and hot tub surrounded by tropical landscaping, creating a true private-resort atmosphere. A covered poolside cabana with wet bar, ice maker, grilling area, outdoor shower, and lounge seating elevates the experience and encourages all-day outdoor entertaining. Inside, the amenities continue with a dedicated theater room with seating for 15, game room with wet bar, fitness room, multiple dens, oversized gathering spaces, and a flexible event room ideal for hosting celebrations, retreats, or memorable guest experiences. The expansive chef’s kitchen is designed to accommodate large groups with double ovens, dual dishwashers, wine refrigerator, breakfast seating, and multiple dining areas. The upper sky deck captures sunrise ocean views and sunset sound views, offering a standout feature guests will remember long after their stay. Located within the town of Duck, guests enjoy easy access to the area’s celebrated dining, shopping, waterfront boardwalk, and attractions, while enjoying the privacy and exclusivity of a one-of-a-kind estate setting. Rarely does a property of this size, location, and rental flexibility become available in Duck—offering a compelling opportunity for investors seeking a high-capacity luxury vacation home with one-of-a-kind guest appeal. Offered at an exceptional value, this property is priced nearly 30% below tax-assessed value—presenting a rare opportunity to secure a high-capacity Duck investment property at a price that leaves room for future upside!

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Listing Snapshot
Price 
$1,699,000
Days On Site 
112 Days
Bedrooms 
8
Inside Area (SqFt) 
11,685 sqft
Total Baths 
9
Full Baths 
7
Partial Baths 
4
Lot Size 
0.87 Acres
Year Built 
1998
MLS® Number 
132939
Status 
Active
Property Tax 
$11,839.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,699,000
4 months agoListing first seen on site
General Features
Acres 
0.87
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Parking 
PavedOff Street
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
11685
Style 
CraftsmanCoastal
Water Source 
Public
Zoning 
RS-1
Interior Features
Appliances 
RangeOvenDishwasherDryerIce MakerMicrowaveRefrigeratorWasherWine Cooler
Cooling 
Ceiling Fan(s)Central AirHeat Pump
Flooring 
CarpetTileWoodMarble
Furnished 
Furnished
Heating 
Heat PumpElectric
Interior 
ElevatorBeamed CeilingsCathedral Ceiling(s)Cedar Closet(s)PantryWalk-In Closet(s)Wet Bar
Laundry Features 
Laundry Room
Spa 
Yes
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Exterior Features
Construction Details 
Stone
Fencing 
Fenced
Lot Features 
Corner Lot
Patio And Porch 
PatioDeck
Pool Features 
Outdoor PoolIn GroundFiberglassPrivate
Private Pool 
Yes
Roof 
Asphalt
Spa 
Yes
View 
OceanSound
Waterfront Features 
Beach Access
Waterview 
OceanSound
Community Features
Accessibility Features 
Therapeutic Whirlpool
MLS Area 
Duck Westside
Roads 
Paved
Listing courtesy of Heather Sakers of Coldwell Banker Seaside Realty KH



Listing information is provided by Participants of the Outer Banks Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Outer Banks Association of Realtors MLS.
Data last updated at: 2026-09-12 10:32 AM UTC

Neighborhood & Commute
Source: Walkscore
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