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Listing Details For 5515 S Virginia Dare Trail in Nags Head

Asking Price:
$380,000
5515 S Virginia Dare Trail, Nags Head, NC 27959
2 bd
2 ba
0 sq ft
MLS #: 133276
Status: Active

Listing Information

Area: Nags Head Oceanside
Mls Status: Active
Cumulative Days On Market: 315
Listing Price: $380,000
Original Listing Price: $380,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/25/2026
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 912
Total Living Area Sq Ft: 912
Asking Price Per SqFt: $433.00
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 1980
Garage: None
Sub Type: Condominium
Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
Roof: Rubber
Parking: Parking Lot, Off Street
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Outdoor Pool, In Ground, Association
Counter Tops: Granite
Cooling: Heat Pump
Heating: Heat Pump
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Admirals View
Subdivision Name: Admirals View Condominium
Deed Book: 2271
Deed Book Page Number: 528
County Pin Number: 080118315552B1
Price Change: 6/24/2026
Road Surface: Paved, Public
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Common Area

Lot Details

Land Tax Value: $130,000.00
Total Assessed Value: $270,000.00
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $1,972.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 6/25/2026
Estimated Annual Fee Amt: $17,440.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Vinyl
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Dumbwaiter/Lift
Fuel Tanks: None
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: 252-441-8857

Rental Income

Estimated Annual Rental Income: $65,000.00
Rental Performance: 0.1711
Gross Income YTD Amt: $NaN
Owner Rental Income 2026 Amount: $NaN
Avertised Income 2026 Amount: $NaN
Owner Rental Income 2025 Amount: $NaN
Avertised Income 2025 Amount: $NaN
Owner Rental Income 2024 Amount: $NaN
Avertised Income 2024 Amount: $NaN
Owner Rental Income 2023 Amount: $NaN
Avertised Income 2023 Amount: $NaN
Owner Rental Income 2022 Amount: $NaN
Avertised Income 2021 Amount: $NaN
Owner Rental Income 2021 Amount: $NaN
Avertised Income 2021 Amount: $NaN

Listing Agent Remarks

Experience the best of Outer Banks oceanfront living and investment potential at Admiral’s View in the heart of Nags Head. This beautifully updated 2-bedroom, 2-bath oceanfront condo offers the rare combination of breathtaking views, direct beach access, and impressive income-producing capability, making it an exceptional opportunity for investors and coastal lifestyle seekers alike. Perfectly positioned behind protective dunes, this turn-key condo showcases Ocean views, abundant natural light, and an open-concept floor plan designed to maximize comfort and guest appeal. New east-facing windows and updated decking create the perfect setting to enjoy spectacular sunrises over the water, while recent upgrades—including a new heat pump (2021), luxury vinyl plank flooring, stainless steel appliances, granite countertops, and renovated bathrooms—provide modern coastal style with minimal maintenance concerns. Guests and owners alike will appreciate the community's oceanfront pool, expansive sun deck, and easy beach access just steps away. Located within walking distance of popular restaurants, shops, and local favorites, and only minutes from iconic attractions such as Jockey’s Ridge and Jennette’s Pier, this location consistently attracts vacationers year after year. With a projected gross rental income of $65,000, this property offers a compelling opportunity to generate strong returns while enjoying personal beach getaways whenever you choose. Whether you're expanding your investment portfolio, searching for a second home, or fulfilling your dream of owning oceanfront property on the Outer Banks, this condo delivers exceptional value, strong rental performance, and an unbeatable coastal lifestyle in one of Nags Head's most desirable oceanfront communities.

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 5515 S Virginia Dare Trail in Nags Head is provided courtesy of Keller Williams Outer Banks KDH C: 252-489-1890. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX 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. If this page disappears from this site it means the property at 5515 S Virginia Dare Trail in Nags Head is no longer available for sale.

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