5004 S Virginia Dare Trail, Nags Head, NC 27959

$2,249,000
8
BD
9
BA
List Price
$2,249,000
MLS#
126779
Status
(10) ACTIVE - ACTIVE
Type
Single Family Residential
Property Type
Single Family Residence
Bedrooms
8
Bathrooms
9
Full-baths
7
Half-baths
2
Neighborhood
Vil-NH Elliott Estates

Property Description

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 has already generated an impressive $242,700 in rental income for 2024, with $109,000 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. 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. The home underwent a complete renovation from late 2022 to early 2023, 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. Don’t miss out on this exceptional investment opportunity. Schedule a viewing today to secure this luxury semi-oceanfront property!

Additional Information

Appliances
2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer, Washer
Foundation
Piling
Interior Features
Walk-In Closet(s)
Lot Description
Level
Optional Rooms
Pantry
Pool
Yes
Roof
Wood
Sewer
Shared Septic
Style
Nags Head, Reverse Floor Plan
Zip
27959
Neighborhood
Vil-NH Elliott Estates
Year Built
2005
County
Dare

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Seaside Realty Kh.

Listed by May Oo-Muuse

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