118 North Baum Trail
Duck, NC 27949
$12,000,000
Price
12
Beds
12
Baths
3
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
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?...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
- Listed by Ray S Meiggs • Twiddy and Co. - Duck
Property Details for 118 North Baum Trail
Waterfront Location
Oceanfront
ZoningRS-2 SFRD
SubdivisionPalmer's Island
View DescriptionOcean, Sound
StyleContemporary
LISTING UPDATED: 12/11/2024 03:50 PM
Property Details for 118 North Baum Trail
| Status | Active |
|---|---|
| MLS # | 124212 |
| Days on Market | 359 |
| Taxes | $28,914 / year |
| HOA Fees | $4,200 / year |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family - Detached |
| Year Built | 2018 |
| Lot Size | 1.01 AC / 44,155 SF |
| County | Dare County |
Virtual Tour
Building Information for 118 North Baum Trail
Stories-Year Built2018Building Size-Lot Size1.01 AC / 44,155 SF
Property Information for 118 North Baum Trail
Summary
Location and General Information
- Area: Duck Oceanside
- City: Duck
- State: NC
- Zip: 27949
- Geo Subdivision: NC
- Phase: 2
- Pin Number: 995109178377
- Street Frontage: 150
- County: Dare
- Water Frontage: 150
- Directions: North on NC12 from Duck; Right on Baum Trail; Left on N. Baum Trail; Second home on the right.
Parking
- GARAGE: Carport
- Parking: Paved, Off Street, Under, Unpaved
Taxes and HOA
- Deed Book: 2283
- Deed Book Page Number: 0826
- Hoa Contact Info: 252.261.1200
- Tax Year: 2023
- Estimated Annual Fee: $4,200
- Taxes: $28,913.81
- Hoa Contact: Seaside Managment
Virtual Tour
- Virtual Tour: https://youtu.be/t1015LvJBPo
Property
Property and Assessments
- Class: RESIDENTIAL
- Homesnap: Yes
- Bank / Institution Owned: No
- Year Built: 2018
- Possession: At Closing
- Flood Zone: X
- Type: Single Family - Detached
Lot Information
- Primary Residence: No
- Lot Size Dimensions: 44,165 sf (see survey)
- Approx Acreage: 1.01
- Lot Description: Beach Frontage
Utilities
- Fuel Tanks: Leased
- Electronic Locks: Owned
- Water: Municipal
- Sewer Or Septic: Non Conventional Septic, Private Septic
Interior and Exterior Features
Exterior Features
- Pool Type: Private
- Pool: Yes
- Construction: Frame
- Exterior: Shakes
- Roof: Wood Shingles
- Foundation: Piling
- Roads: Paved, Private
- Extras: Boardwalk to Beach, Cabana, Ceiling Fan(s), Elevator, Hot Tub, Landscaped, Outside Shower, Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
- Pool: In Ground, Concrete, Private Pool
Interior Features
- Bedrooms: 12
- Full Baths: 12
- Partial Baths: 3
- Floor Coverings: Carpet, Tile, Wood
- Appliances: Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
- Heating: Central, Electric, Heat Pump, Zoned
- Air Conditioning: Central, Heat Pump, Zoned
- Interior Features: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar, 1st Flr Ensuite
- Counter Tops: Quartz
Room Information
Other Rooms
- Optional Rooms: Home Theater
Multi Family
Income & Expenses Information
- Advertised Income 2022: $581,908.00
Property History for 118 North Baum Trail
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 118 North Baum Trail
This home is within Currituck County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 13 |
Rating | School | Distance |
|---|---|---|
Knotts Island Elementary PublicK to 5 | ||
Currituck County Middle Public6 to 8 | ||
Currituck County High Public9 to 12 | ||
The JP Knapp ECH (I)school Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Twiddy and Co. - Duck
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 12/11/2024 03:50 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS