Shore Realty Outer Banks Home Sales

Listing Details For 5308 Virginia Dare Trail in Nags Head

MLS #: 85458
5308 S Virginia Dare Trail
Nags Head, NC 27959
Selling Price: $945,000
Asking Price: $985,000
Closing Date: 2/11/2015
Status: Sold CO OP by Member
Status Date: 2/12/2015

Listing Information

HeadlineUpscale, Income, Condition!
AreaNags Head between hwys
Full Baths8
Partial Baths2
Asking Price$985,000
Price Date2/12/2015
Original Asking Price$1,025,000
Price Per Square Foot$225
Days On Market127
Cumulative Days On Market127
Days On MLS127
Cumulative Days On MLS127
Listing Date10/7/2014
Listing TypeExclusive Right Sell
Input Date Date10/7/2014
Update Date2/12/2015 9:32:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan,Nags Head,Coastal
Year Built2005
Heated Living Area4372
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Gas Fireplace,Master Bath,Pantry,Walk in Closet,Wet Bar
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Sun Deck,Tiki Bar
Floor CoveringsCarpet,Tile,Wood
AppliancesCountertop Range,Dishwasher,Dryer,Ice Machine,Microwave,Refrigerator w/Ice Maker,Wall Oven,Washer,2nd Dishwasher,2nd Refrigerator
BuilderRandy Saunders
RoofWood Shingles
Pool Y/NYes
Pool TypeIn Ground,Heated
ExteriorCement Fiber Board
Optional RoomsGame Room

Lot Details & Legal Description

Address5308 S Virginia Dare Trail
SubdivisionVil-NH Atlantic Watch
Full Subdivision NameAtlantic Watch in The Village at Nags Head
CityNags Head
Deed Page0033
Deed Book1630
Doc Timestamp10/8/2014 9:24:00 PM
Pin Number080118227328
Tax Database ID4
Tax Property ID080118227328
Lot Square Feet13939
Lot Size/Dimensions65 x 216
Lot FacesE
Street Frontage65
View DescriptionOcean
Distance To WaterSemi-Oceanfront
Association AmenitiesBoat Ramp,Boat Dock,Ocean Access,Park,Playground,Sound Access,Board Walk

Property Expense & Utilities

If the seller of this property located at 5308 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/NYes
Annual Association Fee$400
Association Fee IncludesCommon Electric,Management,Walkways
Tax Year2014
Property Taxes$6,180
Flood Insurance$533
Hazard Insurance$7,257
Water SourceMunicipal
Septic Disposal SystemPrivate Sewer


Rental Cottage NamePelican Perch
Rental Cottage #5580
Rental Turnover DaySaturday
Finance OptionsCash,Conventional
Furniture Available ?Yes
Bill Of Sale?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 5308 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.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$98,500
Gross Income 2013 $$97,690
Gross Income Year To Date$98,500

Listing Agent Remarks

Upscale, high end, modern Nags Head semi-oceanfront vacation home, with everything that guests desire, in superb condition, in safe elevated location, with Ocean Views & quality surroundings. This Randy Saunders built home boasts 8 master bedrooms, 8 full and 2 half baths, elevator, large rec room with room for seating, pool table, & kitchenette, an oasis outdoor area with 16' x 32' heated pool with fountains, 2013 hot tub with EZ lifter cover, new Tiki bar with granite, counters, tons of quality Polywood furniture, inside a gourmet kitchen, open open / bright living areas, loft, and ample decking. High end finishes, including perfect condition bamboo floors and stair treads, granite counters, stainless steel appliances, tile floors and showers, 2 jetted tubs, solid pine interior doors, Andersen windows and sliders, fiber-cement siding, quality construction, too many to list. Beautifully appointed with quality furnishings, glass furniture tops, and upgraded / modern electronics, including 11 TV's, & surround sound. Volleyball, horseshoe, even kids playground. This Village of Nags Head location provides quality surrounding homes, close to shops / restaurants, good ocean views, easy beach access, and community amenities,and including two soundfront parks. Pelican Perch is kept in great condition by quality minded owners, ready for immediate use and enjoyment, with many recent updates. Consistent high rental income, as a reflection of the features, with room to improve. With (9) 2015 weeks reserved, and opened up availability, +$100,000 2015 income is expected; see associated documents. Great OBX investment opportunity for high quality, good condition, safe, high rental ratio property.


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 5308 Virginia Dare Trail in Nags Head is provided courtesy of Mark Massey of Resort Realty - NH. 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 5308 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.


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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