Property Description

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!

Features
: Dishwasher, Microwave, Range/oven, Refrigerator, Dryer, Washer, Stackable washer/dryer, Ice machine, 2nd dishwasher, 2nd refrigerator
: Gas fireplace, Bay/bow window, Walk in closet, 9' ceilings, 1st Flr Ensuite
: Beach access, Ceiling fan(s), Hot tub, Elevator, Handicap friendly
: Central
: Central
: Carport
Vil-nh Elliott Estates
: Frame, Wood
: Piling
: Wood shingles
: Paved
: Wood, Vinyl tile, Luxury Vinyl Plank
: Municipal
: Community septic
: Reverse floor plan, Nags head
: Wood, Shakes
: Pantry
Additional Information
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Financial
2024
$6,705
: Voluntary - Restrictive Covenants May Apply
$650
Yes
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No
: Owned more than 12 months
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Coldwell Banker Seaside Realty KH
May
Oo-Muuse

For sale

5004 Virginia Dare Trail, Nags Head, NC 27959

8 Bedrooms
7 Bathrooms
4,042 Sqft
$1,999,000
Listing ID #126779
Basic Details
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