Closing Price:
$1,920,000
8135 S Old Oregon Inlet Road, Nags Head, NC 27959
8 bd
6 ba
3956 sq ft
MLS #: 124318
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,800,000.00
Closing Date: 5/29/2024
Contract Date: 5/14/2024
Seller Concessions: Yes
Concession Comments: $500
Total Days on Market:
Cumulative Days on Market: 371

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 371
Cumulative Days On Market: 371
Listing Price: $1,920,000
Original Listing Price: $2,060,000
Short Sale: No
Price Date: 5/30/2024
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3956
Total Living Area Sq Ft: 3956
Asking Price Per SqFt: $485.00
Heated Living Area Sq Ft: 3956
BedroomsTotal: 8
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1998
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air
Heating: Electric, Forced Air
Room Type: Game Room
Flooring: Plank, Vinyl
Construction Materials: Frame

Legal Description

Section: NA
County: Dare
Subdivision: Bodie Isl Beach
Deed Book: 2637
Deed Book Page Number: 27
County Pin Number: 080020817153
Price Change: 5/29/2024
Block: 2
Road Surface: Paved

Lot Details

Lot Size Acres: 0.53
Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $8,254.00
Water Source: Municipal
Contract Status Change Date: 5/30/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Shakes
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Fenced Yard,Hot Tub,Landscaped
Fuel Tanks: Leased
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 200000
Rental Performance: 0.1111

Listing Agent Remarks

**$100K already booked for 2024! Instant Cash Flow at closing! Estimated $200K for 2024 GRI. ** Get paid NOW for future bookings! If you are looking for a well maintained Nags Head Ocean Front, look no further! Trying to find a high returning, low maintenance investment property, here ya go! The sellers have done all the hard work so that someone can set back and collect the rent! The new landscaping & design will instantly grab your attention before you even pull into the driveway! Great use of space in the front yard allows for volleyball and corn hole for even the largest groups and there is plenty of seating for spectators! The outdoor features of this home dont stop in the front, there is a party in the back! What could be better than a built-in children's pool, an 8-person hot tub, and a heated 14x20 pool situated directly on the oceanfront? For maximum ROI, this home features four (4) primary bedrooms w/private bathroom. The primary bedroom on the top level faces the ocean and features high ceilings and sweeping ocean views and deck access. The main living space with open kitchen gets everyone a front row view of the sea! Ocean views surround the entire top level with lots of seating for dining and relaxing! The mid level consists of five (5) bedrooms and seating area that is currently being utilized as a media space. The ground level is made up of 2 additional bedrooms, a hall bathroom, laundry room, rec room and an ample kitchenette with full size fridge. The rec room has a pool table and lots of seating for relaxing or watching tv! This space opens up to the spacious pool area with lots of covered seating and loungers. A short drive from Kill Devil Hills, Kitty Hawk, Duck, and Manteo there is something for everyone. You and your guests can grab lunch at Fish Heads Raw Bar located on the Outer Banks Pier, or take a day trip south to visit Hatteras Island’s Shipwrecks of the Atlantic Museum, the Native American museum in Frisco, and tons of shops and restaurants. A short distance north is Jennette's pier and numerous top-rated restaurants and shops such as Black Pelican, Barefoot Bernie's, Owens, Millers Waterfront, Tale of the Whale, Sugar Creek, and Basnight's Lone Cedar. Beach Please is sure to leave you feeling the whole Outer Banks experience.

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 8135 S Old Oregon Inlet Road in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-619-1177. 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 8135 S Old Oregon Inlet Road 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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