Listing Details For 1627 N Virginia Dare Trail in Kill Devil Hills

Asking Price:
$7,700,000
1627 N Virginia Dare Trail, Kill Devil Hills, NC 27948
24 bd
24 ba
11584 sq ft
MLS #: 125401
Status: Active

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Active
Cumulative Days On Market: 248
Listing Price: $7,700,000
Original Listing Price: $7,800,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/11/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 11584
Total Living Area Sq Ft: 11584
Asking Price Per SqFt: $665.00
Heated Living Area Sq Ft: 11584
BedroomsTotal: 24
Bathrooms Full: 24
Bathrooms Partial: 4
Year Built: 2017
Garage: None
Architectural Style: Craftsman, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Custom, Outdoor Pool, Private
Builder Name: SAGA Construction
Counter Tops: Granite,Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Electric, Forced Air, Zoned
Room Type: Foyer, Game Room, Home Theater
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: Croatan Shores
Subdivision Name: Croatan Shores
Deed Book: 2554
Deed Book Page Number: 785
County Pin Number: 988411574001
Price Change: 9/10/2024
Block: B
Road Surface: Paved, Public

Lot Details

Land Tax Value: 1145500
Total Assessed Value: 4117900
Lot Size Acres: 0.74
Lot Size Square Feet: 32448
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $42,296.00
Water Source: Municipal
Contract Status Change Date: 4/19/2024
Estimated Annual Fee Amt: $0.00
Sewer: Public Sewer
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Composite Siding,Lap Siding
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Cabana,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Gazebo,Handicap Friendly,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: na
Primary Residence: No
HOA Contact Info: na

Rental Income

Annual Rental Income: 820923
Rental Performance: 0.1066
Owner Rental Income 2024 Amount: 685873
Avertised Income 2024 Amount: 644156
Owner Renatl Income 2023 Amount: 708295
Avertised Income 2023 Amount: 755122
Owner Renatl Income 2022 Amount: 675321
Avertised Income 2021 Amount: 723438

Listing Agent Remarks

Experience the beauty of "Aphrodite", a luxurious oceanfront estate with a fresh new look and multiple updates in 2024! This extraordinary home was designed to host large groups with style, comfort, and functionality in mind, while providing a strong investment opportunity. Beautifully landscaped gardens flank the driveway and main entrance to the home. The impressive open foyer spans up to the third floor and offers a dramatic and welcoming entrance. The first level provides 6 comfortable bedroom suites along with multiple areas of entertainment including an arcade, theater, kitchenette, recreation room, and direct access to the home's outdoor oasis. The custom pool area features a built-in lazy river, swim-up bar and a shallow, "wet deck" area for hours of in-pool relaxation. Adjacent to the pool deck is a three-story cabana, featuring a tiki bar, covered lounge, and rooftop deck, which connects back to levels two and three of the main home via decks. The second level of the home features 10 bedroom suites, sitting area, recreation room with billiard table, and stunning ocean view bar. The grand finale of the home is on the third level with magnificent ocean views from the expansive great room featuring cathedral ceilings, custom moldings and fireplace, chef's kitchen, and dining area. This level also features 8 additional bedroom suites and a sitting area. Each level of the home offers multiple decks where you can enjoy the panoramic ocean views, along with a dune deck that is the perfect space to watch the incredible Outer Banks sunrises. This home offers true luxury to both owners and guests alike. With impressive rental performance, this home is a true masterpiece to add to any portfolio.

Directions

Just South of the Sea Ranch Hotel

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 1627 N Virginia Dare Trail in Kill Devil Hills is provided courtesy of SAGA Realty and Construction . 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 1627 N Virginia Dare Trail in Kill Devil Hills 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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