Active
(10) Active - Active
5004 S Virginia Dare Trail lot 4-5
Nags Head NC, 27959
$1,999,000
$494.56 per sqft
Active
(10) Active - Active
8 Beds
8 Baths
4,042 sqft
Residential
Built in 2005
HUGE PRICE IMPROVEMENT!!! Here's your next high-income investment opportunity in the Outer Banks: an 8-bedroom semi-oceanfront home in the heart of Nags Head. This property has already generated an impressive $242,700 in rental income for 2024, with $109,000 already booked for 2025, making it a standout choice for investors seeking substantial returns. The property is being sold fully furnished with all brand new furniture and rent-ready, this home offers immediate income potential. Just minutes from private community beach access, this home features an elevator to every floor, making it accessible for guests of all ages. The spacious layout is perfect for large families or groups, further boosting its rental appeal. With a heated pool and a game room, the property provides year-round entertainment and is conveniently located near the best shopping, dining, and attractions Nags Head has to offer. The home underwent a complete renovation from late 2022 to early 2023, including a new roof, pool heater, floors, kitchen, fresh interior and exterior paint, all-new appliances and furniture, a new fence around the pool, new decks, and an updated elevator. These updates not only enhance the property's value but also ensure high occupancy rates. Don't miss out on this exceptional investment opportunity. Schedule a viewing today to secure this luxury semi-oceanfront property!
126779
MLSⓇ ID
October 16, 2024
Listed
October 29, 2024
Updated
Map
5004 S Virginia Dare Trail lot 4-5
Nags Head NC, 27959
Interior Features
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
7
Half Bathrooms
2
Interior Features
Pantry, Elevator, Walk-In Closet(s)
Appliances
Range, Oven, Washer, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Level
Architectual Style
Reverse Floor Plan, Nags Head
Roof
Wood
Sewer
Shared Septic
Other Property Details
Area Name
Nags Head between hwys
Taxes
$6,705
Tax Frequency
Annually
Garage
No
Parking
Parking Lot, Paved
View
No
County
Dare
Water Source
Public
Pool
Yes
Pool Features
Outdoor Pool, Private
Waterfront
Yes
Zoning
SF2
Listing History
Date | Event | Price |
---|---|---|
10/29/2024 | Price change | $1,999,000 -12% |
Open House Schedule
Sun, Nov 3rd
6:00 PM - 9:00 PM EST
Courtesy of Coldwell Banker Seaside Realty KH, May A Oo-Muuse,
Listing Contact:
Based on information from Outer Banks Association of REALTORS® as of 10/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated on 10/29/2024 at 11:48 PM UTC