Property Description

INCREDIBLE $309,847 RENTS YTD 2022 … This is a 12% RETURN!!! *** EXCELLENT CASH FLOW! *** SWIM UP TIKI BAR & AWESOME HEATED POOL * ELEVATOR * JOSHUA’S TIKI HUT IS AN 8 BEDROOM OCEANFRONT IN NAGS HEAD W/ TROPICAL GORGEOUS LANDSCAPING * Tax Plat shows Land Dimensions: 50 feet by 410 feet *** Located Milepost 11.8 approx. on the Beach Road *** Lush Island Landscaping w/ Volley Ball Court * Big Driveway for plenty of Guest and Family Parking *** MULTIPLE En Suite Master BR’s w/ Full Baths (6 Full Baths and 2 Half Baths) * Primary Powder Room just off the Great Room for guests *** Starting on the Top Level 3 – You will love the Large Open Great Room – with Tile Flooring w/ Custom Interior Finishes and Furnishings * Cozy Kitchen w Double Refrigerators * High Ceilings, Tahiti Ceiling Fans, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have a Fabulous Ocean View! * Check out the Porch just past the Power Room – Great Space for Privacy * North side Main En suite Bedroom w/ 2nd FIREPLACE w/ spacious Full Bath & Private Oceanfront Sundeck * Expansive rear Sun Deck off Great Room – great space to Entertain or to just enjoy the nearly 180-degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features Multiple En suite Master Bedrooms w Full Baths & Oceanside Deck the width of the home – with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 * Level 1 Features a Huge Open Great Room with tile floor, Kitchenette, Pool Table, Theater Room w/ Bar Seating! Sliders out to FABULOUS TIKI BAR (DOUBLE LAUNDRY LOCATIONS) *** Custome 2 Level Hot Tub/ Concrete Heated Pool w/ Tile Coping w/ SWIM UP to HUGE TIKI BAR * HUGE HOT TUB ON ROOF OVEER TIKI BAR AND ACCESSIBLE FROM MID-LEVEL DECK/BEDROOMS – PRIVATE & YET OPEN *** Home Rents w Pets – there is a dedicated pet area on the east side of the Pool w/ green grass *** You will want to head out past the pool gate to the Dune – Check out the Dune Top Platform Sun Deck – what a great place to take in the beach & the View or sit out on a starry night – the Constellations & The Milkey Way will WOW you as will the SUNRISES OVER THE OCEAN … a great place to have your morning Coffee! *** Just South of Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun … miniature Golf, go karts, Wright Brothers Monument, Jockey’s Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Joshua’s Tiki Hut is offered fully furnished (with only exclusions of owner locked closet items, artificial plants and throw rugs) *** JOSHUA’S TIKI HUT is (and has been) a STRONG RENTAL INCOME PRODUCING INVESTMENT … See Rental Company Beach Realty K1213 Joshua’s Tiki Hut Photos & Description at rental Website Link: https://www.beachrealtync.com/outer-banks-rentals/joshuas-tiki-hut *** 2021 Owner Rents totaled $286,926 *** 2022 Rents are $309,847 … A 12% RETURN! *** 2023 is Booking now! *** Owner projecting 2023 rents will be stronger in 2023 *** You will Love this Oceanfront Home … Come see!

Features
APPLIANCES:
Dishwasher, Microwave, Range/oven, Refrigerator, Dryer, Washer, Refrigerator w/ice maker, 2nd dishwasher, 2nd refrigerator
INTERIOR FEATURES:
Cathedral ceiling(s), Dryer connection, Gas connection, Gas fireplace, Ice maker connection, Washer connection, Pantry, All window treatments, Ensuite
EXTRAS:
Covered decks, Beach access, Ceiling fan(s), Outside shower, Smoke detector(s), Sun deck, Hot tub, Fenced yard, Jet tub, Landscaped, Outside lighting, Dry entry, Lawn sprinklers, Elevator, Inside laundry room, Boardwalk to beach, Tiki bar, Roof top deck, Handicap friendly
Swimming Pool
Heating System:
Heat Pump, Zoned, Electric
Cooling System:
Heat pump, Zoned
Parking:
Attached, 1 car, Carport
Subdivision:
Geo T Stronach
Construction:
Frame, Wood
Foundation:
Slab, Piling
Roof:
Asphalt/fiber shingle
Roads:
Paved, Public
Floor Covering:
Carpet, Tile
Water:
Municipal
Sewer/Septic:
Private septic
STYLE:
Contemporary, Reverse floor plan, Coastal, Cottage
EXTERIOR:
Shakes, Vinyl
COUNTER TOPS:
Laminate
OPTIONAL ROOMS:
Game room, Home theater
Financial
Tax Year:
2021
Taxes:
$12,066
Assoc. Fee Y/N/Voluntary:
No - Restrictive Covenants May Apply
Estimated Annual Fee $:
$0
Furnishings Available Y/N:
Yes
Bill of Sale Amount $:
$1
Primary Residence (Y/N):
No
Ownership:
Owned more than 12 months
Yr Electric Expense:
$6,400
Yr Water Expense:
$1,600
Yr Telephone Expense:
$828
Yr Cable TV Expense:
$775
Homeowner/Dwelling Insura:
$6,404
Wind Insurance:
$0
Flood Expenses:
$0
Maintenance Expenses:
$0
Pool/Spa Expense:
$4,110
Other Expenses:
$2,925
Other Expenses 2:
$3,000
Other Expenses 3:
$12,250
Total Expenses:
$0
Yearly Expense Act/Est:
$0
Owner Rental Income 2016$:
$0
Owner Rental Income 2015$:
$0
Owner Rental Income 2017$:
$0
Advertised Income 2016$:
$0
Advertised Income 2015$:
$0
Advertised Income 2017$:
$0
Est Annual Rental Income:
$299,470
Listed By:
Coldwell Banker Seaside Realty KH
Agent First:
John
Agent Last:
Leatherwood

For sale

3501 Virginia Dare Trail, Nags Head, NC 27959

8 Bedrooms
6 Bathrooms
4,104 Sqft
$2,675,000
Listing ID #119688
Basic Details
Living Area Sq. Ft :
4,104 Sqft
Property Type :
Residential
Listing Type :
For sale
Listing ID :
119688
Price :
$2,675,000
Water View :
Oceanfront
View :
Ocean
Bedrooms :
8
Bathrooms :
6
Half Bathrooms :
2
Year Built :
2003
Country:
United States
State:
NC
County:
Dare
City:
Nags Head
Zipcode:
27959
Status :
Sold CO OP by Member
Type :
Single family - detached
Area :
Nags head oceanside
Unit/Lot # :
Lot A
DOM :
172