5004 S Virginia Dare Trail Nags Head, NC 27959
Listing Courtesy of: OUTER BANKS ASSOCIATION OF REALTORS / Coldwell Banker Seaside Realty / May Oo-Muuse - Contact:  C: 804-661-5752

  5004 S Virginia Dare Trail Nags Head, NC 27959

Pending (114 Days)
$1,999,000
8
BED
7.2
BATH
4,042
SQFT

Description

HUGE PRICE IMPROVEMENT!!! $170,000 Already booked for 2025! 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 generated an impressive $242,700 in rental income for 2024, with $170,000 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.

The home underwent a complete renovation 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.

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.

Make an offer to secure this luxury semi-oceanfront property today. This is not an opportunity you want to miss out!

MLS #:
126779
Taxes
$6,705(2024)
Lot Size
7,405 SQFT
Type
Single-Family Home
Year Built
2005
Style
Nags Head, Reverse Floor Plan
County
Dare County

Listed By

May Oo-Muuse, Coldwell Banker Seaside Realty, Contact: C: 804-661-5752
Source
OUTER BANKS ASSOCIATION OF REALTORS
Last checked Dec 21 2024 at 3:59 PM GMT+0000
Bathroom Details
Interior Features
  • 1st Flr Ensuite
  • Walk In Closet
  • Gas Fireplace
  • Bay/Bow Window
  • 9' Ceilings
Subdivision
  • Vil-Nh Elliott Estates
Lot Information
  • Level
Property Features
  • Foundation: Piling
Heating and Cooling
  • Central
Pool Information
  • Private Pool
Flooring
  • Luxury Vinyl Plank
  • Vinyl Tile
  • Wood
Exterior Features
  • Wood
  • Shakes
  • Roof: Wood Shingles
Utility Information
  • Sewer: Community Septic
Garage
  • Carport
Parking
  • Paved
  • Parking Lot
Living Area
  • 4,042 sqft
Additional Information: Seaside Realty | C: 804-661-5752
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 29, 2024
Price Changed
$1,999,000
-11%
-250,000
Aug 29, 2024
Original Price
$2,249,000
-
-
Disclaimer: Copyright 2024 Outer Banks Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 12/21/24 07:59