Listing Details For 5004 Virginia Dare Trail in Nags Head


MLS #: 126779
5004 S Virginia Dare Trail
Nags Head, NC 27959
Asking Price: $2,249,000
Status: Active
Status Date: 8/29/2024



Listing Information

HeadlineImpressive ROI Semi Ocean!
AreaNags Head between hwys
Beds8
Full Baths7
Partial Baths2
Asking Price$2,249,000
Price Date8/29/2024
Original Asking Price$2,249,000
Price Per Square Foot$556
Days On Market14
Cumulative Days On Market14
Listing Date8/29/2024
Listing TypeExclusive Right Sell
Input Date Date8/29/2024
Update Date9/12/2024 1:50:26 AM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Nags Head
Year Built2005
Heated Living Area4042
Air ConditoningCentral
HeatingCentral
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator,Stackable Washer/Dryer
GarageCarport
Interior Features9 Ceilings,Bay/Bow Window,Gas Fireplace,Walk in Closet,1st Flr Ensuite
ExtrasBeach Access,Ceiling Fan(s),Elevator,Handicap Friendly,Hot Tub
Floor CoveringsWood,Vinyl Tile,Luxury Vinyl Plank
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator,Stackable Washer/Dryer
ConstructionFrame,Wood
RoofWood Shingles
Pool Y/NYes
Pool TypePrivate Pool
ExteriorShakes,Wood
FoundationPiling
Optional RoomsPantry

Lot Details & Legal Description

Address5004 S Virginia Dare Trail
Unit/Lot #lot 4-5
SubdivisionVil-NH Elliott Estates
CountyDare
CityNags Head
StateNC
Zip27959
Deed Page949
Deed Book2618
Doc Timestamp9/12/2024 1:51:00 AM
Pin Number080113231591
Lot Square Feet7500
Lot DescritionLevel
Distance To WaterSemi-Oceanfront
ZoningSF2
Flood ZoneX
ParkingParking Lot,Paved
RoadsPaved
Client Hit Count19

Property Expense & Utilities

If the seller of this property located at 5004 Virginia Dare Trail in Nags Head 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/NVoluntary
Annual Association Fee$650
Tax Year2024
Property Taxes$6,705
Water SourceMunicipal
Septic Disposal SystemCommunity Septic

Financial's

Furniture Available ?Yes
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count9

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 5004 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

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 has already generated an impressive $242,700 in rental income for 2024, with $109,000 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. 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. The home underwent a complete renovation from late 2022 to early 2023, 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 propertys value but also ensure high occupancy rates. Don’t miss out on this exceptional investment opportunity. Schedule a viewing today to secure this luxury semi-oceanfront property!

Directions

Official MLS Disclaimer


Listing Office: Coldwell Banker Seaside Realty KH 252-261-3800

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 5004 Virginia Dare Trail in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH 252-261-3800. 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 5004 Virginia Dare Trail in Nags Head 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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