Asking Price:
$625,000
206 W Lookout Road, Nags Head, NC 27959
4 bd
3 ba
127 sq ft
MLS #: 127129
Status: Pending

Listing Information

Area: Nags Head Westside
Mls Status: Pending
Cumulative Days On Market: 18
Listing Price: $625,000
Original Listing Price: $695,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/16/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2576
Total Living Area Sq Ft: 2576
Asking Price Per SqFt: $243.00
Unheated Living Area Sq Ft: 127
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 2001
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
Roof: Asphalt
Foundation: Piling, Slab
Pool: No
Counter Tops: Wood
Cooling: Heat Pump, Multi Units
Interior Features: Cathedral Ceiling(s), Cedar Closet(s)
Heating: Heat Pump, Mini-Split
Room Type: In-Law Apartment, Office, Sun/Florida Room
Flooring: Carpet, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: North Ridge Est
Deed Book: 2359
Deed Book Page Number: 0748
County Pin Number: 989215541155
Price Change: 10/20/2024
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Features: Adj to Park Serv./Preserv, Cul-De-Sac, Level
Lot Faces: S
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $1,732.00
Home Oner Insurance Expense: 1699
Flood Zone: X
Wind Insurance: 4468
Water Source: Municipal
Yearly Water Expense: 489
Yearly Elecric Expense: 2503
Yearly Cable Tv Expense: 660
Contract Status Change Date: 10/21/2024
Estimated Annual Fee Amt: $35.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Shakes,Vinyl
Extras: Ceiling Fan(s),Fenced Yard,Handicap Friendly,Outside Shower,Patio,Smoke Detector(s),Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: None
Primary Residence: Yes
HOA Contact Info: None

Rental Income

Annual Rental Income: 55000
Rental Performance: 0.088

Listing Agent Remarks

Nestled on the edge of Jockey’s Ridge State Park, this home is adaptable, whether it be your new spacious primary home, or your next investment capable of renting upstairs separately from downstairs, or perhaps a mix of both to help make your mortgage more manageable. Upstairs, wrapped in windows, you’ll feel right amongst the singing birds in the branches of your large live oak tree as you enjoy the morning light. This open concept space, with high vaulted ceilings, links your dining room, kitchen, and living room together, all able to share the light that these many windows provide. Hardwood floors and luxury vinyl plank run throughout most of the home. Built originally in 2001 and remodeled with additions in 2023, much of this home feels new and updated. The primary bedroom en suite comprises the entirety of the third floor. This deliberately oversized bedroom, bathroom, and closets provide over 400 square feet of space as a retreat up and away from the remainder of the house. On the second floor, the second full bath resides at the end of the hallway, flanked by two rooms. One is a second bedroom, and the other is a bonus room, capable of being an office, nursery, or any other number of possibilities. On the first floor, you find the large laundry, utility and storage room that serves as a possible divider between the upstairs and downstairs units. With locking exterior doors at the top of the staircase and beginning of the downstairs unit, this could be a shared laundry space without ever having access to the other’s private spaces. Through that door though, you’ll find a handicapped accessible two bedroom unit, with a living room, dining area, pantry, and large bathroom with a luxury walk in glass door shower. This space has served as an Airbnb and made $25,000 in one year’s time, all with fabulous reviews. The backyard is fully fenced in, lightly shaded, and has a pergola patio with outdoor dining and seating spaces next to the grill under yet another live oak tree. An outdoor shower with its platform connecting to the laundry room backdoor allows you to rinse off from your day at the beach, or unwind while looking up at the blue sky above. This home comes furnished, and the first floor unit is fully set up ready with all you’ll need to run a successful rental on day one. The grandeur of Jockey’s Ridge is just steps away, ready for nightly sunset walks to the soundside. The Hollowell Street beach access is also a short easy walk, or 2 minute drive. This home is in a X flood zone so no flood insurance is required, but an X policy provides security inexpensively. There is a quiet peacefulness to the neighborhood thanks to being back away from the highway, protected by trees, and of course by Jockey’s Ridge State Park, yet you’re still central to some of the best entertainment and restaurants this island has to offer. *The listing agent is a licensed real estate broker and principal owner of this property.*

Directions

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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 206 W Lookout Road in Nags Head is provided courtesy of ROG OBX, Inc . 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 206 W Lookout 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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