3504 S Virginia Dare Trail, Nags Head, NC 27959

$1,433,800
5
BD
7
BA
2,684
SqFt
Sold Price
$1,433,800
List Price
$1,499,500
Closing Date
Jun 12, 2023
MLS#
119858
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
7
Full-baths
4
Half-baths
3
Living Area
2,684
Neighborhood
Geo T Stronach

Property Description

FABULOUS 2022 OWNER RENTS AT $182,042 - THAT IS AN 11% RETURN CASH FLOW! *** ELEVATOR *** ONE OF A KIND "DOG PAW PRINT SHAPED HEATED POOL" *** "HAPPY DOG DAYS" is a 5 BEDROOM SEMI-OCEANFRONT IN NAGS HEAD W/ TROPICAL GORGEOUS LANDSCAPING & CUSTOM PAINTED MURALS *** Located Milepost 11.8 approx. on the Beach Road ... ACROSS FROM PUBLIC BEACH ACCESS W/ PARKING *** Lush Island Landscaping * Volley Ball Court area * FENCED PET AREA * MULTIPLE En Suite Master BR's w/ Full Baths (4 Full Baths and 3 Half Baths) * Primary Powder Room just off the Great Room for guests *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Tile Flooring, Gas Fireplace, Custom Wood Finishes/Trim, Custom Painted Wall Murals & Nicely Appointed and Furnished Interior * Cozy Kitchen w Center Island * High Ceilings, Tropical Ceiling Fans, Gas Fireplace w/ Built in Entertainment Center *** Rear Sun Deck overlooks rear yard with the COOLEST POOL (Paw Print Pool!) on the Outer Banks, Palm Trees, Hot Tub, Volleyball Court & Fenced Pet Area - Great Space to Entertain or just Enjoy! ***Level 2 Features Multiple En suite Master Bedrooms w/ Full Baths & Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level 2 * Level 1 Features an Open Great Room with tile floor, Kitchenette * Sliders out to FABULOUS POOL DECK AREA *** PRIVATE & YET OPEN *** Home Rents w Pets - there is a dedicated grassed pet area on the NE of the Pool *** You will want to head out past the pool gate to the Volleyball Court *** Just South of Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... Miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Happy Dog Days is offered fully furnished (with exclusions of a personal dog picture (48 x 48) and few other personal dog pictures AND owner locked closet items) *** Note: 2021 Upgrades: Newly Renovated Pool Concrete Deck, New Outdoor Polywood Furniture, New Hot Tub, Tile Has Been Professionally Cleaned, Various New Décor, Furniture and Some Bedding, New Outdoor Lighting, New Washing Machine, FREE Pool Heat Spring & Fall, Two New AC Units *** Note: Interior photos on loan from Beach Realty Kitty Hawk Rentals with permission and may not reflect the exact interior look or current furnishings *** HAPPY DOG DAYS is (and has been) a STRONG RENTAL INCOME PRODUCING INVESTMENT ... See Rental Company Beach Realty K1112 Happy Dog Days Photos & Description at rental Website Link: https://www.beachrealtync.com/outer-banks-rentals/happydogdays *** 2021 Owner Rents totaled $175,225 *** 2022 Owner Rents are $182,042 *** 11% RETURN CASH FLOW! *** Owner projecting 2023 rents will be strong *** 2023 YTD Rents Booked as of 6/6/23: $129,950 *** This is SEMI-OCEANFRONT at its best ... Come see!

Additional Information

Air Conditioning
Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
Construction
Frame, Wood
Countertops
Marble, Laminate
Siding
Shakes, Wood
Extras
Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
Floor Coverings
Carpet, Tile
Foundation
Piling, Slab
Garage
1 Car, Attached, Carport
Heating
Electric, Heat Pump, Zoned
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
Lot Description
Level
Optional Rooms
Foyer, Game Room, Utility Room
Parking
Paved, Off Street
Pool
Yes
Possession
At Closing
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Contemporary, Reverse Floor Plan, Coastal, Cottage
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Geo T Stronach
Lot Dimension
50 x 198
Year Built
2004
County
Dare
Annual Rental Income
192000
Rental Co
Beach Realty & Construction
Rental Cottage #
K1112
Rental Cottage Name
Happy Dog Days
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
192000
Rental Performance
0.13390000000000002
Yr Electric Expense
5100
Yr Water Expense
2200
Yr Telephone Expense
828
Yr Cable TV Expense
325
Insurance Expenses
$4,147
Pool/Spa Expense
4110

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Seaside Realty Kh. Selling Office: Outer Banks Blue Realty Srvcs..

Listed by John Leatherwood

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