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5004 S Virginia Dare Trail , Lot 4-5

Nags Head, NC 27959
  • $2,249,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 126779
UPDATED: 29 min ago
$2,249,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Ratings & Info

Description

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!

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© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2024-10-08T19:39:19.073.
www.colonyrealtysales.com/homes/154330337
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5004 S Virginia Dare Trail , Lot 4-5 Nags Head, NC 27959

  • Price: $2,249,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 29 min ago
  • MLS #: 126779
8
Beds
7
Baths
2
½ Baths
0.17
Acres
2005
Built
Neighborhood:
Vil-Nh Elliott Estates
County:
Dare
Area:
Nags Head between hwys
Property Description
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!
Exterior Features

Architectural Style Reverse Floor PlanNags Head Construction Materials FrameWood Siding Exterior ShakesWood Foundation Details Piling Garage Carport Parking Features Parking LotPaved Pool Yes Pool Features Private Pool Type Private Roof Wood

Interior Features

Appliances DishwasherDryerIce MakerMicrowaveRange/OvenRefrigeratorWasher2nd Dishwasher2nd RefrigeratorStackable Washer/Dryer Cooling Central Air Flooring WoodVinyl Tile Furnishings Available YN Yes Heating Central Interior Features Walk-In Closet(s) Room Type Pantry

Property Features

Assoc Fee YNOr Voluntary Voluntary - Restrictive Covenants May Apply Bank Or Institution Owned No Extras Beach AccessCeiling Fan(s)ElevatorHandicap FriendlyHot Tub Fuel Tanks Leased Lease Terms Weekly Lot Features Level Primary Residence YN No Property Sub Type Single Family Residence Road Surface Type Paved Sale Or Rent S Sewer Shared Septic Short Sale YN No Tax Annual Amount 6705.26 Tax Year 2024 Water Source Municipal Waterfront Features Semi-Oceanfront (2nd row) Zoning SF2

Listing courtesy of May Oo-Muuse of Coldwell Banker Seaside Realty KH: .


© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2024-10-08T19:39:19.073.
 
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Colony Realty Corp
3118 N Croatan Hwy, Suite 103
Kill Devil Hills NC, 27948