Active
(10) Active - Active
118 N Baum Trail Lot 2
Duck NC, 27949
$12,000,000
$1,243.39 per sqft
Active
(10) Active - Active
12 Beds
13.5 Baths
9,651 sqft
Residential
Built in 2018
Nestled in Duck, NC within the secluded community of Palmer's Island on North Carolina's Outer Banks stands Palmer's Panorama, an architectural masterpiece that redefines coastal luxury living. Honored with the esteemed 2018 OBX Parade of Homes Judges Award of Excellence and the People's Choice accolades, this sprawling estate spans nearly 10,000 square feet across an expansive oceanfront acre. Please enjoy this splendid VIDEO by pasting the link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo Crafted by Mancuso Construction in 2018, Palmer's Panorama stands as a pioneering masterpiece in architectural design, offering breathtaking panoramic vistas of both the ocean and sound from every level. This opulent estate boasts 12 luxurious ensuite bedrooms, most with dedicated decks, and three exquisitely designed living areas. Outdoor entertainment features include a 24' x 50' heated pool with a 15'x15' tanning ledge, cabana, showers, and bathroom, along with two inviting hot tubs. The pool has a new 250,000 BTU LP gas heater that makes chilly water warm up fast! A covered recreation area provides amenities like mini-golf, basketball, ping-pong, shuffleboard, and a host of games and toys for children and adults alike. (See the associated documents.) Notwithstanding its luxurious amenities, the remarkable location of Palmer's Panorama makes it truly extraordinary. The setting within Palmer's Island offers thrilling sunrises over the ocean and magnificent sunsets across the Currituck Sound in the midst of unparalleled natural beauty. A private boat dock and ramp on the Currituck Sound offers private access to boating, kayaking and fishing. Nearby, the Sanderling Racquet & Swim Club, Pine Island Racquet Club, Sanderling Resort, and Currituck Club Golf Course offer indoor tennis, Spa, indoor pool and fitness clubs, exclusive restaurants, and premier golf respectively. Relish a sunset stroll along the sound to the area's only 4 Diamond-rated restaurant, Kimball's Kitchen, to enjoy exquisite culinary experiences on the soundfront within the Sanderling Resort. Moreover, the property's proximity to the DONAL C. O'BRIEN, Jr. AUDUBON SANCTUARY in Corolla is a highlight of its unique location. Just steps away from this lavish retreat lies this pristine expanse, preserving 2,600 ACRES of protected marsh, upland maritime forest, and sandy beaches. The Sanctuary provides respite for migratory birds and wildlife, away from human disturbance. Visitors can revel in the untouched beauty of the Sanctuary through kayak tours, public programs, and nature trails, offering a serene and captivating experience adjacent to the luxurious realm of Palmer's Panorama. In addition to its natural splendor, Palmer's Panorama presents an extraordinary investment opportunity as a vacation rental property. Its proximity to major urban hubs like Northern Virginia (NVA), Washington D.C., Philadelphia, and even Manhattan makes it an ideal getaway for urban dwellers seeking fresh ocean breezes by the coast. With its luxurious amenities, pristine surroundings, and convenient location, it has proven potential to generate substantial ANNUAL RENTAL INCOME approaching $750,000. For a comprehensive understanding of Palmer's Panorama's investment potential and a detailed breakdown of its rental income history and projections, we highly recommend reviewing the associated documents outlining the property's earnings. These documents contain valuable insights into the substantial revenue-generating capability of this remarkable estate. Palmer's Panorama offers not only an exceptional estate but a gateway to both an unforgettable coastal experience and a profitable investment opportunity, combining luxury living, breathtaking natural surroundings, and promising rental potential. Please enjoy this splendid VIDEO by pasting the YouTube link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo
124212
MLSⓇ ID
October 16, 2024
Listed
December 11, 2024
Updated
Map
118 N Baum Trail Lot 2
Duck NC, 27949
Interior Features
Bedrooms
12
Total Bathrooms
13.5
Full Bathrooms
12
Half Bathrooms
3
Interior Features
Elevator, Cathedral Ceiling(s), Pantry, Wet Bar
Appliances
Oven, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
Floor Description
Carpet, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air, Heat Pump, Zoned
Heating
Yes
Heating Description
Heat Pump, Central, Electric, Zoned
Exterior/Building Features
Lot Size
1.01 Acres
Architectual Style
Contemporary
Roof
Wood
Sewer
Septic Tank
Other Property Details
Area Name
Duck Oceanside
Taxes
$28,914
Tax Frequency
Annually
Garage
No
Parking
Paved, Off Street, Underground, Unpaved
View
Yes
View Description
Ocean, Sound
County
Dare
Water Source
Public
Pool
Yes
Pool Features
Outdoor Pool, In Ground, Private
Waterfront
Yes
Zoning
RS-2 SFRD
Courtesy of Twiddy and Co. - Duck, Ray S Meiggs,
Listing Contact:
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Data last updated on 12/11/2024 at 9:19 PM UTC