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800-647-1868
Asking Price:
$1,349,000
9321 S Old Oregon Inlet Road, Nags Head, NC 27959
5 bd
3 ba
0 sq ft
MLS #: 128614
Status: Active

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Active
Days On Market: 7
Cumulative Days On Market: 7
Listing Price: $1,349,000
Original Listing Price: $1,349,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/20/2025
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: 2088
Total Living Area Sq Ft: 2088
Asking Price Per SqFt: $646.00
BedroomsTotal: 5
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1984
Architectural Style: Coastal, Nags Head, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Underground, Unpaved
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Pantry, Wet Bar
Heating: Central, Heat Pump
Flooring: Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: Hollywood Beach
Subdivision Name: Hollywood Beach Sec 1
Deed Book: 1960
Deed Book Page Number: 0337
County Pin Number: 071918308735
Price Change: 3/19/2025
Block: 4
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 50 x 400 +/-
Lot Size Square Feet: 20000
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Water Frontage: 50
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $8,629.00
Home Oner Insurance Expense: 6162
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 3/20/2025
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: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Hot Tub,Outside Shower,Sun Deck
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
Street Frontage : 50
HOA Contact Info: None

Rental Income

Annual Rental Income: 86597
Rental Performance: 0.0642
Owner Rental Income 2024 Amount: 86597
Owner Renatl Income 2023 Amount: 99424
Owner Renatl Income 2022 Amount: 101018

Listing Agent Remarks

Oceanfront, Oceanfront, Oceanfront! Great Oceanfront Vacation Home & Investment Opportunity in South Nags Head: 9321 S. Old Oregon Inlet Rd – a solid 5-bedroom, 2,088 sf oceanfront home, actively rented and enjoyed, on a large, prime, ocean to road homesite, providing great improvement or re-development opportunities if desired; priced at land value. (Survey on hand and available) Awesome Ocean Views over large, stable, vegetated duneline, beautiful sunrises, and evening sunsets to the West. Located in the natural, low density setting of South Nags Head, away from the hustle and bustle but within striking distance to everything, 1 mile from Outer Banks Fishing Pier & Fishheads Grill, via detached bike path, close to Oregon Inlet and the Town of Manteo. This property offers commanding dune/beach/surf break/ocean views, direct private beach access to one of areas quietest beaches, a large open great room opening out to the Atlantic Ocean, comfortably sized kitchen and dining areas, functional floor plan, ample decking, hot tub, outside shower, is fully furnished and ready for the 2025 rental season, and has provided consistent rental income year after year ($77k 2024). (Bedroom 1K, 2Q, 3Q, 4 bunkbed & trundle, 5 2 twins). With a deep Oceanfront lot, 50' x +/-400', a wide beach & strong dune, level lot and at a good elevation, with lots of land East of the home, this property presents a rare & outstanding improvement and/or redevelopment opportunity – add a pool on the Oceanside, improve or expand the home, to elevate your returns, or build a new, modern custom home to your liking, now or years down the road. Similar homesites are supporting current construction of 8-bedroom, 5,000 sq. ft. high-end investment homes. Or.....secure the land & continue to collect rent and re-develop in the future.....or .....enjoy the simple Oceanfront life as it is. Rare land opportunity, no known Nags Head oceanfront lots available and on the market at this time. (Buyer to confirm any improvement options, experienced local contractor familiar with the property & currently undertaking similar projects is available for consultation). Whether you're looking for an active vacation rental, personal retreat, or an equity building project, this solid, fully furnished home is a great OBX opportunity. Perfect timing for a Buyer heading into the rental season, with no off-season carrying costs. The property offers a solid year-2009 8x8 piling foundation, 2019 roof (+/- 1 year will confirm), 2022 & 2024 heat pumps, 2023 water heater, among other updates over time. Shared driveway easement in place with the property to the South, for ingress & egress, providing great use of space. Offered at $1,349,000 – this is your chance to own a piece of coastal paradise now, with tons of future potential. Stake your OBX Oceanfront claim now! Additional photos: https://listings.jonathanclarkphoto.com/sites/nxkjgrr/unbranded

Directions

Milepost 19.3, 1 mile South of Outer Banks Fishing Pier & Fishheads Rest and Grill, on the Oceanfront!

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 9321 S Old Oregon Inlet Road in Nags Head is provided courtesy of Outer Banks Realty Group . 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 9321 S Old Oregon Inlet Road in Nags Head is no longer available for sale.
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