2233 S Virginia Dare Trail, Nags Head, NC 27959

$1,795,000
8
BD
8
BA
4,630
SqFt
List Price
$1,795,000
MLS#
101573
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
8
Bathrooms
8
Full-baths
7
Half-baths
1
Living Area
4,630
Neighborhood
Nags Head Shore

Property Description

Positive annual estimated cash flow of +$13k at a full sales price using actual expenses. $169,597 in OWNERS RENT in 2018, with one in season owner week included!! And, with a high quality, good condition, safe Oceanfront home.....Seeking a high end, great condition, & well cared for Oceanfront home, with the safest and most stable dune around, with a wide quiet beach and great rental numbers...?... well this "Carolina Dream" home is it! High quality, upscale, Custom Oceanfront Vacation home, in super condition, positioned on a large, deep, well landscaped lot, along one of the nicest and most stable beaches & dune lines on the Outer Banks. Approx $170,000 in annual owners rents for this 8 bedroom, elevator, custom pool and rec room home! ($180,845 advertised rent, $161,948 owners rent with one June owners week used, would be $169,597 owners rent with week added in). Purchase with 'money on the books!', as $140,563 in already booked for 2019 as of 11-6 -18. Open home design offers dramatic Ocean Views thru the 32' of East facing glass and from the extensive decking. Floorplan provides large living areas, high end gourmet kitchen w/ granite counters, mid level sitting area / office, rec room, loft, breakfast nook, many areas to spread out. This well thought out home offers everything renters desire, including custom gunite heated pool with waterfall, with kiddie pool, built-in hot tub, flagstone deck, ELEVATOR, multiple master bedrooms, 2 wet bars, large dune top deck, walking distance to shops/restaurants, attractive mature landscaping and the best beach around. Upscale kitchen with quality cabinets, granite counter tops, backsplash tile, under cabinet lighting, stainless steel appliances (2 dishwashers, oversized Sub-Zero fridge, 2 wall ovens, warming oven, microwave, ice maker). Each bathroom is a showplace, all with granite or silestone vanity tops, no builders grade here, all baths tile or marble, upgraded Kohler plumbing fixtures, full height beveled mirrors, only high end cabinetry, (4)custom tile showers including a handicap friendly room & bath. Professionally decorated and accessorized, with all the electronics you should expect in a luxury home. Very well maintained by conscientious quality minded owners, with new, low maintenance Luxury Vinyl Tile flooring in hallways and common areas. The quality of the dune and this accreting beach can't be overstated, and provides the protection desired on the Oceanfront. Never any storm damage, not even a dune step damaged! Quality built with solid pine interior doors, cedar lined closets, marble foyer compass rose, hardiplank siding, vinyl railings, automatic storm shutters on great room slider, beautiful kitchen and baths. Sodded, irrigated, attractive landscaped grounds, and deep vegetated dune provide a clean and stable property. Use Nags Head's detached bike bath to walk to Red Drum, Surfing Spoon, Grocery and others. High, consistent rental income, with +$170,000 for 2018, and increasing in years to come. Rental Ration over 9.5%, while providing a high quality, super condition home, on safe, secure homesite. No need for beach nourishment here, so no extra tax expense for this property! This home will be a pleasure to show and own!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Compactor, Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
Construction
Frame, Wood
Countertops
Granite, Silestone
Siding
Cement Fiber Board
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Storm Doors, Sun Deck, Water Softener, Dry Entry, Inside Laundry Room
Floor Coverings
Carpet, Ceramic Tile, Wood Laminate, Marble, Vinyl Tile
Foundation
Piling, Slab
Garage
Carport
Heating
Central, Heat Pump
Interior Features
All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Master Bath, Wet Bar
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Breakfast Nook, Foyer, Game Room, Loft, Office
Parking
Off Street, Under
Pool
Yes
Possession
At Closing
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Nags Head Shore
Lot Dimension
50 x 483
Year Built
2002
Directions
Oceanfront by Gallery Row, Just North of Driftwood
County
Dare
Annual Rental Income
170808
Rental Co
Village Realty
Rental Cottage #
JR-12
Rental Cottage Name
Carolina Dream
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
170808
Rental Performance
0.0952
Insurance Expenses
$1,140
Flood Expenses
738

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Resort Realty - Kh.

Listed by Mark Massey

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