Closing Price:
$2,495,000
1011 N Virginia Dare Trail, Kill Devil Hills, NC 27948
8 bd
5 ba
4641 sq ft
MLS #: 121712
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,400,000.00
Closing Date: 5/8/2023
Contract Date: 3/25/2023
Seller Concessions: Yes
Concession Comments: 11,000 Seller Paid Closing Costs
Total Days on Market:
Cumulative Days on Market: 8
Due Diligence Date: 4/24/2023

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $2,495,000
Original Listing Price: $2,495,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/12/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4641
Asking Price Per SqFt: $538.00
Heated Living Area Sq Ft: 4641
BedroomsTotal: 8
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1994
Garage: 2 Car,Attached
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Countertop Range, Dryer, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Home Theater
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Kitty Hawk Shrs
Subdivision Name: Kitty Hawk Shores Revised
Deed Book: 2574
Deed Book Page Number: 0443
County Pin Number: 988415732472
Price Change: 5/11/2023
Block: 11
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.6
Lot Size Square Feet: 25958
Lot Features: Waterfront
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $11,574.00
Home Oner Insurance Expense: 1649
Flood Zone: X
Flood Insurance Expense: 697
Wind Insurance: 6820
Water Source: Municipal
Yearly Water Expense: 1879
Pool Or Spa Expense: 5609
Yearly Expense: Actual
Yearly Elecric Expense: 6674
Yearly Cable Tv Expense: 1992
Contract Status Change Date: 5/12/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck
Fuel Tanks: Leased
HOA Contact Name: NONE
Primary Residence: No
HOA Contact Info: NONE

Rental Income

There is no rental income information available

Listing Agent Remarks

Amazing oceanfront property! Panoramic Ocean Views! One of the best oceanfront locations on the Outer Banks. Perfectly situated across from the Wright Brothers National Memorial in Kill Devil Hills. This beautiful 8 bedroom home sits on a deep oceanfront lot with a huge protective and vegetated dune and boasts one of the best beaches in the area. The home is spacious and well equipped. The large private pool is 16 X 28 and has ample pool decking with all new outdoor furniture and a hot tub. Private beach access with a brand new dune walk! This home has so many incredible features that include a private pool, hot tub, media room, recreation room with pool table and ping pong, outside shower, ample decking with ocean views, huge kitchen with granite counters, spacious living room with gas fireplace and so much more. This is a special location that is centrally located and close to so many of the areas best dining options, shopping destinations and recreational activities. It's also a top rental performer with $250,000 in gross rents for 2022! The home has been well maintained and is in great condition with many recent updates such as all new plumbing throughout the entire home in 2022, a brand new septic drain field and newer composite exterior siding. Another great feature of this property is that the original design allowed for an elevator shaft for all 3 levels. If you need elevator access, the space is already in the home making that process much easier and more affordable. The elevator shaft space is currently used as a storage closet on each level. This luxurious oceanfront property has everything you need in an Outer Banks investment property and affords a one of a kind location. The views of the Atlantic Ocean and Wright Brothers National Memorial are second to none and it should be on your short list of homes to see! Oceanfront opportunity!

Directions

Oceanfront directly across the street from the Wright Brothers National Memorial

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 1011 N Virginia Dare Trail in Kill Devil Hills is provided courtesy of Landmark Sotheby's International Realty . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 1011 N Virginia Dare Trail in Kill Devil Hills is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)