Property Description

Consistently produces 35 bookings which yields $280,000 in net rental income (before commissions), $257,000 net to Owners AFTER commissions. These are actual rents, not estimates. This majestic 10BR home is located on one of the largest and most desirable properties on the Outer Banks with nearly 25,000 sf of land and with no house directly next door to the north, expansive uninterrupted views of the Atlantic to the east, over 400 acres of open park land surrounding the Wright Brothers Memorial to the west, and only other multi-million dollar estates to the south; far from multiple condominium complexes and mega time share units. This beautiful Florez & Florez designed home is located in Millionaire Row, and has the expanse that you are looking for, the outside as inviting as the inside with water fall fed heated pool, cabana area with sauna, wetbar, full bath, TV, stone fireplace, refrigerator, intercom, and roof deck. Compare Just Peachy to any 12 or 13 bedroom property and you will see it out performs them while saving you the expense of maintaining larger square footage properties. With fewer guests allowed per week, your expenses are much lower: You do not have to outfit as many bedrooms, cleaning costs, painting, repairs, maintenance, supplies, heating and cooling, all utilities are less and considerable fewer calls from the management company to deal with. There is no downside side to how this works, just a win for you. See Broker notes for the detailed description of each level of the home. Renters absolutely LOVE this home – check out COMPLETE DETAILS AND RENTAL REVIEWS AVAILABLE AT:

Barrier Isl Sta
Additional Information
: Owned more than 12 months
RE/MAX Surfside

Residential For sale

1007 Virginia Dare Trail, Kill Devil Hills, NC 27948

10 Bedrooms
10 Bathrooms
5,800 Sqft
Listing ID MLS #84460
Basic Details
Living Area Sq. Ft : 5,800 Sqft
Property Type : Residential
Listing Type : For sale
Listing ID MLS : 84460
Price : $2,795,000
Water View : Oceanfront
Bedrooms : 10
Bathrooms : 10
Half Bathrooms : 1
Year Built : 2000
Country : United States
State : NC
County : Dare
City : Kill Devil Hills
Zipcode : 27948
Status : Sold
Type : Single family - detached
Area : Kill devil hills oceanside
Unit/Lot # : lot 4
DOM : 100
Tax Property ID : 988415733245
Agent info
SAGA Realty & Construction
SAGA Realty & Construction
1314 S. Croatan Hwy #301
Contact Agent