108 S Baum Trail, Duck, NC 27949

$3,995,000
8
BD
9
BA
7,745
SqFt
List Price
$3,995,000
MLS#
108583
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
8
Bathrooms
9
Full-baths
7
Half-baths
2
Living Area
7,745
Neighborhood
Palmer's Island

Property Description

Outer Banks charm and character meets upscale sophistication and design in this sprawling oceanfront estate in northern Duck. One of only 13 luxury homes in the prestigious Palmer's Island community, "Palmer's View" is nestled in a hidden nook between the ocean and the sound, providing ocean and sound views from nearly every corner. The dining room and living room span nearly the entire east wall, a purposeful design to allow guests to experience the enormity of the ocean views while providing plenty of space for entertaining. There is ample deck space on the oceanside, fantastic for outdoor entertaining and cocktail hour. The massive gourmet kitchen features the finest appliances and finishes, and showcases both ocean and sound views, while the oak floors and nautically-angled ship-lap ceilings give it tremendous Outer Banks charm. The sunset views from the west-facing decks are outstanding. Perhaps the most unique feature of this already extraordinary home is the master bedroom wing that spans the fourth and fifth floor. The ocean and sound views from the master bedroom are spectacular, and you can view them from inside the room or outside on your private deck. The master bath is spacious and elegant. The entire home was professionally decorated, with each bedroom having its own sophisticated theme. Additional features include: Media room, game room, elevator, gym, sauna, 30x60 heated pool, 2 wet bars with wine coolers, and over 1000 square feet of enclosed space to potentially be used for expansion upon release of the new flood maps this year. Palmer's View already grosses over $250,000 in rental income. The possibility of future renovation to the unfinished ground level allows tremendous opportunity for a buyer to increase value.

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
Association Fee Includes
Grounds Maintenance
Countertops
Granite
Siding
Shakes
Extras
Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Shower, Inside Laundry Room
Floor Coverings
Wood
Garage
3 + Car
Heating
Central, Heat Pump
Interior Features
All Window Treatments, Gas Fireplace, Master Bath, Pantry, Walk in Closet, Wet Bar
Optional Rooms
Game Room, Home Theater, Media Room
Pool
Yes
Roads
Paved, Private
Roof
Wood Shingles
Sewer
Private Septic
View
Ocean, Sound
Well
Municipal
Zip
27949
Neighborhood
Palmer's Island
Lot Dimension
Lot 5
Year Built
1987
Annual Fee
4200
Association Fee
Yes
County
Dare
Annual Rental Income
266180
Rental Co
Twiddy And Company
Rental Cottage #
B982
Rental Cottage Name
Palmer's View
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
266180
Rental Performance
0.0666
Yr Electric Expense
10000
Yr Water Expense
3000
Yr Telephone Expense
1080
Yr Cable TV Expense
2460
Flood Expenses
2700
Pool/Spa Expense
4950

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams - Obx.

Listed by Jeanne-Marie DeStefano

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