5004 South Virginia Dare Trail

Nags Head, NC 27959

$1,999,000
Price
8
Beds
7
Baths
2
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Under Contract

Under Contract

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....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!
  1. Listed by May A Oo-Muuse • Coldwell Banker Seaside Realty KH

Property Details for 5004 South Virginia Dare Trail

Waterfront Location
Semi-Oceanfront (2nd row)
Zoning
SF2
Subdivision
Vil-NH Elliott Estates
Major Subdivision
Village at Nags Head
Style
Reverse Floor Plan, Nags Head
LISTING UPDATED: 11/25/2024 08:19 PM

Property Details for 5004 South Virginia Dare Trail

StatusUnder Contract
MLS #126779
Days on Market88
Taxes$6,705 / year
HOA Fees$650 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family - Detached
Year Built2005
Lot Size0.17 AC / 7,500 SF
CountyDare County

Building Information for 5004 South Virginia Dare Trail

Stories-Year Built2005Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 5004 South Virginia Dare Trail

Summary
Location and General Information
  • Area: Nags Head between hwys
  • City: Nags Head
  • State: NC
  • Zip: 27959
  • Geo Subdivision: NC
  • Pin Number: 080113231591
  • County: Dare
Parking
  • GARAGE: Carport
  • Parking: Parking Lot, Paved
Taxes and HOA
  • Deed Book: 2618
  • Deed Book Page Number: 949
  • Hoa Contact Info: Village Realty
  • Tax Year: 2024
  • Estimated Annual Fee: $650
  • Taxes: $6,705.26
  • Hoa Contact: Caroline Decker
Property
Property and Assessments
  • Class: RESIDENTIAL
  • Homesnap: Yes
  • Bank / Institution Owned: No
  • Year Built: 2005
  • Flood Zone: X
  • Type: Single Family - Detached
Lot Information
  • Primary Residence: No
  • Approx Acreage: 0.17
  • Lot Description: Level
Utilities
  • Fuel Tanks: Leased
  • Water: Municipal
  • Sewer Or Septic: Community Septic
Interior and Exterior Features
Exterior Features
  • Pool Type: Private
  • Pool: Yes
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Wood Shingles
  • Foundation: Piling
  • Roads: Paved
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Handicap Friendly, Hot Tub
  • Pool: Private Pool
Interior Features
  • Bedrooms: 8
  • Full Baths: 7
  • Partial Baths: 2
  • Floor Coverings: Wood, Vinyl Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Heating: Central
  • Air Conditioning: Central
  • Interior Features: 9' Ceilings, Bay/Bow Window, Gas Fireplace, Walk in Closet, 1st Flr Ensuite
Room Information
Other Rooms
  • Optional Rooms: Pantry
Multi Family
Multi-Family Information
  • Number Of Units: 1

Property History for 5004 South Virginia Dare Trail

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5004 South Virginia Dare Trail

Taxable ValueLand$297,000Additions$620,900Total$917,900
Tax Record2024$7,359 ($613 / month)
Home Facts
Beds8Baths8Total Finished SqFt4,042 SqFtAbove Grade Finished SqFt4,042 SqFtStories2Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built2005CountyDAREAPN027839085

Schools near 5004 South Virginia Dare Trail

This home is within Dare County School District.
Rating
School
Type
Grades
Distance
Nags Head Elementary School
Public - PK to 5
Manteo Middle School
Public - 6 to 8
Manteo High School
Public - 9 to 12
Dare Learning Academy
Public - 9 to 12
Rating
School
Distance
Nags Head Elementary School
PublicPK to 5

Manteo Middle School
Public6 to 8

Manteo High School
Public9 to 12

Dare Learning Academy
Public9 to 12

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 Coldwell Banker Seaside Realty KH

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 11/25/2024 08:19 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