Asking Price:
$1,199,500
9516 S Old Oregon Inlet Road, Nags Head, NC 27959
8 bd
3 ba
0 sq ft
MLS #: 127628
Status: Active

Listing Information

Area: S. N.H. West/Old Oregon R
Mls Status: Active
Cumulative Days On Market: 20
Listing Price: $1,199,500
Original Listing Price: $1,199,500
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 12/3/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3040
Total Living Area Sq Ft: 3040
Asking Price Per SqFt: $NaN
BedroomsTotal: 8
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1988
Garage: 3 + Car,Attached,Carport
Architectural Style: Contemporary, Cottage, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground, Outdoor Pool
Screen Porch Size: YES!
Sun Deck Size: HUGE!
Builder Name: Jerry McManus
Counter Tops: Laminate,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Beamed Ceilings, Cathedral Ceiling(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Game Room, Sun/Florida Room, Utility Room
Flooring: Hardwood, Tile
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 1
County: Dare
Subdivision: South Crk Acres
Subdivision Name: South Creek Acres
Deed Book: 2059
Deed Book Page Number: 573
County Pin Number: 071806399028
Price Change: 12/2/2024
Road Surface: Paved, Private, Public
Association Amenities: Common Area, Outdoor-Comm. Pool

Lot Details

Lot Size Acres: 0.77
Lot Size Dimensions: 120 x 281
Lot Size Square Feet: 33720
Lot Features: Adj to Park Serv./Preserv, Easement(s), Level
Lot Faces: EAST
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $5,047.00
Home Oner Insurance Expense: 4895
Flood Zone: AE
Flood Insurance Expense: 1040
Water Source: Municipal
Contract Status Change Date: 12/3/2024
Estimated Annual Fee Amt: $600.00
Sewer: Septic Tank
Association Fee Includes: Common Insurance, Management, Pool, Road Maintenance
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Aluminum,Shakes,Vinyl
Extras: Ceiling Fan(s),Covered Decks,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Outside Laundry Room
Covered Deck Size: YES!
Fuel Tanks: None
HOA Contact Name: Susan Turner
Primary Residence: No
Street Frontage : 120
HOA Contact Info: southcreekacresnh@gmail.c

Rental Income

Annual Rental Income: 66497
Rental Performance: 0.0554
Owner Rental Income 2024 Amount: 38179
Avertised Income 2024 Amount: 42519
Owner Renatl Income 2023 Amount: 44849
Avertised Income 2023 Amount: 51359
Owner Renatl Income 2022 Amount: 43785
Avertised Income 2021 Amount: 48930

Listing Agent Remarks

FABULOUS SOUTH CREEK ACRES HOME on ... "2 LOTS!" ... Yes, this home is situated on TWO "2" PRIME SEMI-OCEANFRONT LOTS in South Nags Head! *** Excellent Investment in having "2" Lots *** FYI ... If the New Owner wishes to add a Pool or otherwise engage in any activity with the home that requires a building permit the Town of Nags Head will require the 2 lots to be recombined into one lot *** If the New Owner is not concerned with the recombination of the two lots ... the Approx 33,720SF Lot Size affords a new owner plenty of options ... Expansion of the Existing Structure? Adding a POOL, Hot Tub, TIKI Bar? Adding a Volleyball Court? ... Or Enjoy the Home as it is and realize the benefit of the "2" Lots which per the Town of Nags Head today states that if the existing structure is razed ... The TWO Semi-Oceanfront Lots can each be individually developed with new single-family homes! NOTE: This Property backs to and abuts the Cape Hatteras National Seashore and so no development behind you ... Which Affords you uninterrupted SUNSET VIEWS over the Sound and Marsh areas. LOCATION is Key - SO ... Not only are you across the Street from the Oceanfront and uninterrupted Views to the West ... But you are in walking or biking distance to the Outer Banks Pier & the Fabulous Fish Heads Bar & Grill ... COME ON! Does it get any better? ***Home Features ... 8 bedrooms * 3.5 Baths, FABULOUS DECKS Approx. 1888 Square Feet ... 2-Tiered Trex Decking with Vinyl Railings on 3 Sides (North, East, South) ... Each Bedroom has a door to an Exterior Deck *** Interior Features Open Great Room concept with Higher Ceilings * Sunroom w/ Fabulous Window Array and Views to the Sunset, and Screened Porch off the Sunroom! You'll love the Mid-Level Entry space with Mini Kitchen and Seating area (Laundry in this space) - great space for the Game Room or exactly as it is designed now *** Ground Level Features Spacious Utility Storage Room * Double Outside Showers * HUGE CARPORTS and DRIVEWAY ... Enough parking for the Extended Family & Friends! *** Home is located to Nearby Beach Accesses ... a) 6 lots to the south at Juncos Street Beach Access w/ access for 4-Wheel Drive and 6 lots to the north at Jacob Street Beach Access! *** Home is close to Oregon Inlet Fishing Center with its New Fishing Center Building & Restaurant * If you haven't yet you need to drive over the newer Oregon Inlet Bridge - the views are breathtaking *** Also ... a short drive to Nags Head / Manteo Shops, Restaurants, Piers and so much more! For more fun *** Check out the South Creek Acres Association Building w/ Pool ... a short distance away! * AND ... at the north end of the section in which this home is located there is Tennis/Pickle Ball Courts! * Ample parking by the Pool & by the Pool there is a Cool Gazebo which looks out over the Marsh Pond *** RENTAL DETAILS: Home consistently produces in the $40K TO $45K RANGE w/ owner use weeks taken * Home could do so much more!* Sun Realty Pet Friendly 2024 YTD Rents as of 11/22/24 at $38,179 *** TO GENERATE MORE INCOME ADD A HOT TUB & POOL w/ TIKI BAR *** See Sun Realty Rental Projections in Associated Docs ... with Pool & Hot Tub the 2025 Rent Projection Owner Income is $88,011 * 2025 Rent Projection w/ Hot Tub (No Pool) is $66,497 * Home Sold Fully Furnished w/ Exclusions confined to all closet contents and ground level storage room *** Come See ... You'll Love this "Location" & this Home! ...

Directions

Just South of Outer Banks Fishing Pier - Fish Heads Bar & Grill

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 9516 S Old Oregon Inlet Road in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-202-3834. 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 9516 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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