8807 B S Old Oregon Inlet Road Unit: Lot 4&5

South Nags Head Semi-Oceanfront 4 bedroom with Stunning Ocean Views and direct Beach Access. Mariner's Landing single family home with condo ownership. In South Nags Head there are several "cottage courts" that were developed in the late 70's and early to mid 80's that were owned by a single individual or entity. The land size was typically 100 feet on the ocean by 500-600 feet deep. On these land tracts were built 4-6 homes. Then when the owners decided to sell their property, in order to maximize the value of the property, they "condominiumized" the land and homes so that each cottage could then be sold individually. Within Mariners Landing there are 4 cottages. The land tract is oceanfront - so the 4 cottage owners collectively own the oceanfront land tract on which the 4 cottages are situated. Each cottage has use and enjoyment of the common area and each cottage has its own limited common area for its own use - parking, yard, etc. This home is semi-oceanfront with a permanent unobstructed ocean views that are difficult to find in this price range. Once you walk out the door you can be sitting in your favorite chair on the beach in just a minute. This home features 4 bedrooms and 2 baths, typical design of the day. There is an open upper level living area with an updated kitchen, dining area and great room with high beamed ceilings and tons of light. The top level sun decks take in the beautiful ocean views. Owners have made updates over time including recent siding and exterior paint, renovated top level, new kitchen, furnishings, appliances and more. Rents have been consistent year after year but owner only rents June - August and takes in season owner time. There is more rental potential with this great home with a full year rental projection of $37,635 on file. This is an amazing opportunity to own a property that is one lot from the oceanfront, oceanside with no road to cross, direct beach access and amazing ocean views! This is a must see. Don't wait!