Closing Price:
$1,350,000
300 E Driftwood Street, Nags Head, NC 27959
8 bd
7 ba
5261 sq ft
MLS #: 123912
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,200,000.00
Closing Date: 3/1/2024
Contract Date: 1/16/2024
Seller Concessions: Yes
Concession Comments: 11,850 credit for due diligence items
Total Days on Market:
Cumulative Days on Market: 67
Due Diligence Date: 2/15/2024

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 67
Cumulative Days On Market: 67
Listing Price: $1,350,000
Original Listing Price: $1,350,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/1/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5261
Asking Price Per SqFt: $257.00
Heated Living Area Sq Ft: 5261
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 1996
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Parking Lot, Paved
Foundation: Piling
Pool: No
Cooling: Heat Pump
Interior Features: Walk-In Closet(s)
Heating: Heat Pump
Room Type: Game Room
Flooring: Carpet, Tile, Vinyl Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: na
County: Dare
Subdivision: Nags Head Shores
Subdivision Name: Nags Head Shores Rev Blk C
Deed Book: 2308
Deed Book Page Number: 511
County Pin Number: 989318226016
Price Change: 2/29/2024
Block: C
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.52
Lot Size Square Feet: 22500
Lot Features: Corner Lot, Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $6,226.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/1/2024
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: Owned
Bank/Institution Owned: No
Exterior: Shakes
HashTag of Units: 0
Extras: Ceiling Fan(s),Covered Decks,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: n/a
Primary Residence: No
HOA Contact Info: n/a

Rental Income

There is no rental income information available

Listing Agent Remarks

INVESTMENT OPPORTUNITY!! Discover the allure of this exceptional property featuring two distinct 4-bedroom residences accompanied by versatile commercial space in the coveted Gallery Row District in Nags Head. Situated on 2 full lots, this is a truly unique opportunity on the Outer Banks. Whether you choose to maximize rental potential across all three spaces, establish a live-work dynamic by residing in one unit while operating a business in the commercial space and renting the other unit, the possibilities are endless! The east unit offers an upper-level great room inclusive of a primary bedroom with a generous walk-in closet and bath. The mid-level encompasses three additional bedrooms and two bathrooms, with laundry conveniently situated on the first level. The west unit is fully furnished and ready for guests! The top level offers a kitchen, living area, primary bedroom, and a bonus room along with a full hall bath. The mid-level hosts three more bedrooms, two baths, a secondary living space complete w/ a mini-theatre set up, foosball, and laundry. Both units seamlessly integrate outdoor living with expansive decks offering a bit of an ocean view and a great place to relax. An outdoor shower adds a necessary convenience for you and your guests. The commercial space on the ground level offers an open floor plan, ample storage, a half bath and parking for up to 15 vehicles. Perfectly positioned just three lots from the beach, this property is within walking distance to local gems like Red Drum and just a very short drive to Kill Devil Grill and Swells'a Brewing Company. Not to mention you are in the heart of Gallery Row where you can stroll through the galleries and shops of local artists like the Glenn Eure Gallery and Seagreen Gallery. It's just an awesome location! Immerse yourself in the possibilities of this amazing property!

Directions

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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 300 E Driftwood Street in Nags Head is provided courtesy of EXP Realty, LLC - Coastal . 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 300 E Driftwood Street in Nags Head 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.
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