Listing Details For 5022 Virginia Dare Trail in Nags Head

MLS #: 99110
5022 S Virginia Dare Trail
Nags Head, NC 27959
Selling Price: $727,600
Asking Price: $760,000
Closing Date: 7/27/2018
Status: Sold CO OP by Member
Status Date: 7/27/2018

Listing Information

HeadlineOcean Views and strong rentals
AreaNags Head between hwys
Full Baths8
Partial Baths2
Asking Price$760,000
Price Date7/27/2018
Original Asking Price$788,000
Price Per Square Foot$190
Days On Market130
Cumulative Days On Market1463
Days On MLS129
Cumulative Days On MLS1459
Listing Date2/1/2018
Listing TypeExclusive Right Sell
Input Date Date2/2/2018
Update Date7/27/2018 8:49:16 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan
Year Built2000
Heated Living Area4008
Air ConditoningCentral
HeatingHeat Pump
AppliancesDisposal,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Master Bath,Pantry,Wet Bar
ExtrasBeach Access,Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck,Whirlpool/Spa
Floor CoveringsCarpet,Ceramic Tile
AppliancesDisposal,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
RoofWood Shingles
Pool Y/NYes
Pool TypeIn Ground,Fiberglass,Heated,Private Pool
ExteriorCement Fiber Board
Virtual TourPiling

Lot Details & Legal Description

Address5022 S Virginia Dare Trail
Unit/Lot #Lot 13
SubdivisionVil-NH Elliott Estates
CityNags Head
Deed Page888
Deed Book2120
Doc Timestamp2/2/2018 9:05:00 PM
Pin Number080113233180
Tax Database ID4
Tax Property ID080113233180
Lot Square Feet9000
Lot Size/Dimensions60 x 150
Lot FacesE
Street Frontage60
Lot DescritionLevel
View DescriptionOcean
Distance To WaterSemi-Oceanfront
Flood ZoneAE
ParkingOff Street
Association AmenitiesBoat Ramp,Clubhouse,Golf Course,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Park,Sound Access,Common Area

Property Expense & Utilities

If the seller of this property located at 5022 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$450
Association Fee IncludesCommon Electric,Common Insurance,Grounds Maintenance,Management
Tax Year2017
Property Taxes$5,839
Water SourceMunicipal
Septic Disposal SystemCommunity Septic


Rental Cottage NameCloud Nine
Rental Cottage #EE 13
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 5022 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

Quality Constructed 8 Master Bedroom Semi-Oceanfront Home is in the Village at Nags Head, making it easy to enjoy the pristine beach and all the amenities the Village has to offer. These include: a beautiful golf course, sound front piers and park, an optional beach club with oceanside tennis courts, an ocean front olympic size pool, lifeguards, cafe, bar, snack bar and a bath house. Inside the home on the ground level are 2 master bedrooms, a game room with pool table, wet bar and sauna. Outside is a 29'X13' heated pool, hot tub, bathroom with toilet, and double outside shower. The second floor has 4 master bedrooms and laundry room, and decks on three sides. The top floor has 2 master suites with decks, an open kitchen/dining room/great room, a half bath and sun decks. Consistantly strong income producer at 10.8%. With some interior upgrades the house will generate over $117k--thats a 14.8% potential rental return. Newly replaced pool filter tank& hot tub pump 2016, both HVAC units in 2015. Replaced refrigerator, microwave, and dryer too. Public beach access is 1/10th mile walk. Within a few miles is Jockeys Ridge, Jeanette's Pier or either of the Villages Sound front parks.


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 5022 Virginia Dare Trail in Nags Head is provided courtesy of Cooper Hawk 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 5022 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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