HUGE PRICE IMPROVEMENT!!! $170,000 Already booked for 2025! 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 generated an impressive $242,700 in rental income for 2024, with $170,000 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. The home underwent a complete renovation 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 property’s value but also ensure high occupancy rates. 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. Make an offer to secure this luxury semi-oceanfront property today. This is not an opportunity you want to miss out!
- APPLIANCES:
- Dishwasher, Microwave, Range/oven, Refrigerator, Dryer, Washer, Stackable washer/dryer, Ice machine, 2nd dishwasher, 2nd refrigerator
- INTERIOR FEATURES:
- Gas fireplace, Bay/bow window, Walk in closet, 9' ceilings, 1st Flr Ensuite
- EXTRAS:
- Beach access, Ceiling fan(s), Hot tub, Elevator, Handicap friendly
- Swimming Pool
- Heating System:
- Central
- Cooling System:
- Central
- Parking:
- Carport
- Subdivision:
- Vil-nh Elliott Estates
- Construction:
- Frame, Wood
- Foundation:
- Piling
- Roof:
- Wood shingles
- Roads:
- Paved
- Floor Covering:
- Wood, Vinyl tile, Luxury Vinyl Plank
- Water:
- Municipal
- Sewer/Septic:
- Community septic
- STYLE:
- Reverse floor plan, Nags head
- EXTERIOR:
- Wood, Shakes
- OPTIONAL ROOMS:
- Pantry
- # of Units:
- 1
- Tax Year:
- 2024
- Taxes:
- $6,705
- Assoc. Fee Y/N/Voluntary:
- Voluntary - Restrictive Covenants May Apply
- Estimated Annual Fee $:
- $650
- Furnishings Available Y/N:
- Yes
- Bill of Sale Amount $:
- $0
- Primary Residence (Y/N):
- No
- Ownership:
- Owned more than 12 months
- Yr Electric Expense:
- $0
- Yr Water Expense:
- $0
- Yr Telephone Expense:
- $0
- Yr Cable TV Expense:
- $0
- Homeowner/Dwelling Insura:
- $0
- Wind Insurance:
- $0
- Flood Expenses:
- $0
- Maintenance Expenses:
- $0
- Pool/Spa Expense:
- $0
- Other Expenses:
- $0
- Other Expenses 2:
- $0
- Other Expenses 3:
- $0
- 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:
- $0
- Listed By:
- Coldwell Banker Seaside Realty KH
- Agent First:
- May
- Agent Last:
- Oo-Muuse
For sale
5004 Virginia Dare Trail, Nags Head, NC 27959
- Living Area Sq. Ft :
- 4,042 Sqft
- Property Type :
- Residential
- Listing Type :
- For sale
- Listing ID :
- 126779
- Price :
- $1,999,000
- Water View :
- Semi-Oceanfront (2nd row)
- Bedrooms :
- 8
- Bathrooms :
- 7
- Half Bathrooms :
- 2
- Year Built :
- 2005
- Country:
- United States
- State:
- NC
- County:
- Dare
- City:
- Nags Head
- Zipcode:
- 27959
- Status :
- Under Contract
- Type :
- Single family - detached
- Area :
- Nags head between hwys
- Unit/Lot # :
- lot 4-5
- DOM :
- 88
