Listing Details For 703 Virginia Dare Trail in Kill Devil Hills


MLS #: 113663
703 N Virginia Dare Trail
Kill Devil Hills, NC 27949
Selling Price: $2,900,000
Asking Price: $2,995,000
Closing Date: 7/23/2021
Status: Sold CO OP by Member
Status Date: 7/24/2021



Listing Information

HeadlineOceanfront Estate w/over $300K
AreaKill Devil Hills Oceanside
Beds13
Full Baths12
Partial Baths3
Asking Price$2,995,000
Price Date7/24/2021
Original Asking Price$2,995,000
Price Per Square Foot$404
Days On Market47
Cumulative Days On Market47
Days On MLS47
Cumulative Days On MLS47
Listing Date4/2/2021
Listing TypeExclusive Right Sell
Input Date Date4/2/2021
Update Date7/24/2021 12:59:27 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan
Year Built2003
Heated Living Area7410
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
Appliances2nd Dishwasher,2nd Refrigerator,Countertop Range,Dryer,Dishwasher,Ice Machine,Microwave,Refrigerator w/Ice Maker,Washer,Wall Oven
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Fireplace,Master Bath (Ensuite),Wet Bar,Washer Connection
ExtrasBeach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Covered Decks,Elevator,Gazebo,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry
Floor CoveringsCarpet,Ceramic Tile,Wood
Appliances2nd Dishwasher,2nd Refrigerator,Countertop Range,Dryer,Dishwasher,Ice Machine,Microwave,Refrigerator w/Ice Maker,Washer,Wall Oven
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeIn Ground,Outdoor,Private Pool
ExteriorLap Siding,Shakes,Wood
Optional RoomsGame Room,Home Theater

Lot Details & Legal Description

Address703 N Virginia Dare Trail
Unit/Lot #Lot 2
Block8
SubdivisionKitty Hawk Shrs
Full Subdivision NameKitty Hawk Shores Rev.
CountyDare
CityKill Devil Hills
StateNC
Zip27949
Deed Page0112
Deed Book2175
Doc Timestamp7/6/2021 3:23:00 PM
Pin Number988420727458
Lot DescritionWater Frontage
View DescriptionOcean
Distance To WaterOceanfront
Zoningres
RoadsPublic

Property Expense & Utilities

If the seller of this property located at 703 Virginia Dare Trail in Kill Devil Hills has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo - Restr
Tax Year2020
Property Taxes$16,096
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameBeach Palace
Rental Cottage #430
Rental Turnover DaySat
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count6

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 703 Virginia Dare Trail is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Listing Agent Remarks

2021 RENTS WOULD BE OVER $326,000 IF YOU ADD THE JULY 4TH OWNERS WEEK BACK IN AND IF THERE HAD BEEN NO CLOSURE OF THE BRIDGE IN APRIL OF 2020 THE INCOME WOULD HAVE BEEN $297,858. **THE HOUSE IS AVAILABLE TO BE SHOWN THE WEEK OF 5/1 - 5/8!!!** This is a Magnificent Oceanfront Estate with over 7,400 of heated living area featuring 13 bedrooms, 12 baths and 3 half baths. This home has been meticulously maintained by the owners with attention paid to every detail. It is a proven rental generator with over $296,000 booked in rents for 2021 with an owner week taken July 4th week. If you add that week back in for $21,000 it would kick the rents up to over $326,000 plus increases for 2022. The home has all the amenities you or your renters could want with Ocean and Monument views and it is centrally located close to everything you may desire to do on the Outer Banks. Amenities include: Huge living area with big screen TV, gas fireplace lots of seating and decks facing the ocean, fully equipped Gourmet kitchen with two of almost everything, a gigantic breakfast bar that seats 6 people, two dining areas with full wet bar, Elevator, two master suites w/ custom bathrooms, Mid-level includes a media/sitting room with surround sound and wet bar w/ half bath and your own private walkway to the beach, 6 bedrooms, one that is wheelchair accessible, Ground-level has a full size theater room, rec-room with pool table kitchenette and bar with 5 master suites, another one that is wheelchair accessible, Outside there is a 34x14 private heated swimming pool and kiddie pool, a cabana with bath facilities and showers and cabana bar with seating and TV with your own private boardwalk to the dune top gazebo with shaded lounges for rest and respite out of the sun w/ a stairway leading to your own

Directions

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 703 Virginia Dare Trail in Kill Devil Hills is provided courtesy of Barry Breit of Carolina Designs Realty. 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 703 Virginia Dare Trail in Kill Devil Hills is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 or 800-647-1868.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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