Listing Details For 3303 S Virginia Dare Trail in Nags Head
Closing Price:
$2,499,500
$2,499,500
3303 S Virginia Dare Trail,
Nags Head, NC 27959
8 bd
7 ba
3862 sq ft
MLS #: 119692
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,235,000.00
Closing Date: 12/8/2022
Contract Date: 11/9/2022
Seller Concessions: Yes
Concession Comments: Seller $25K credit to Buyer
Total Days on Market:
Cumulative Days on Market: 119
Due Diligence Date: 12/2/2022
Listing Information
Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 118
Cumulative Days On Market: 119
Listing Price: $2,499,500
Original Listing Price: $2,649,500
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/9/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3862
Asking Price Per SqFt: $647.00
Heated Living Area Sq Ft: 3862
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 1998
Garage: 2 Car,Attached,Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Custom, Heated, In Ground, Outdoor Pool, Private, Vinyl
Counter Tops: Laminate
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Electric, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Southwinds
Deed Book: 2479
Deed Book Page Number: 0139
County Pin Number: 989211660622
Price Change: 12/8/2022
Road Surface: Paved, Public
Lot Details
Land Tax Value: 812500
Total Assessed Value: 1368300
Lot Size Acres: 0.62
Lot Size Dimensions: 65 x 420 x 64 x 420
Lot Size Square Feet: 27000
Lot Features: Beach Frontage, Level
Lot Faces: EAST
Water Frontage: 64
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $11,625.00
Flood Zone: VE,X
Other Expenses 3: 14275
Water Source: Municipal
Other Yearly Expense: 7865
Pool Or Spa Expense: 4110
Contract Status Change Date: 12/9/2022
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Other Expenses 2: 3000
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding
Extras: Ceiling Fan(s),Covered Decks,Fenced Yard,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: None
Primary Residence: No
Street Frontage : 65
HOA Contact Info: None
Rental Income
Annual Rental Income: 300000
Rental Performance: 0.1342
Owner Renatl Income 2023 Amount: 32920
Owner Renatl Income 2022 Amount: 279477
Owner Rental Income 2021 Amount: 299085
Listing Agent Remarks
INCREDIBLE 2022 OWNER RENTS $278,018 - that is an 11% RETURN CASH FLOW! *** 65 FEET WIDE OCEANFRONT LOT *** "9" BEDROOM OCEANFRONT IN NAGS HEAD! ... THE LAZY LIZARD (ITS NEXT DOOR TO BIG DADDY'S MLS# 119170 ALSO FOR SALE ... Buy 2 High Income Producing Oceanfront Homes side by side) TROPICAL GORGEOUS LANDSCAPING * Original Plat shows Dimensions: 65 feet on Beach Road, north side 420 Feet and Oceanfront at 64 Feet and south side at 420 Feet ... 64 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head! *** Located Milepost 11.5 approx. on the Beach Road - Lush Landscaping w/ Volleyball Court & the Look & Feel of the Islands! * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually "9" Bedrooms w/ 6 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 6 Full Baths and 2 Half Baths (Primary Powder Room just off the Great Room for guests and the other is a 1/2 bath is an outdoor Bathroom across from the 2 Outdoor Showers - perfect for the Kiddies while swimming in the Pool! *** Starting on the Top Level 3 - The Lazy Lizard has been Professionally Designed and Decorated in a Luxurious Spanish Villa Theme w/ Hand-Painted Murals and bright, airy colors which will remind you that you've escaped the stresses of everyday life ... it Feels like where the Desert meets the Atlantic Ocean! * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * Fabulous Ocean Views! * Guest Powder Room * North side Main En suite Bedroom w/ Expansive All Tile Bath w/ 2 Person Jet Tub & 2 Person Glass Enclosure Shower * Oceanfront rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180-degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features Multiple En suite Master Bedrooms w/ Full Baths * Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 * Level 1 Features a Huge Open Great Room with tile floor, Big Kitchen, Pool Table, Double Sliders out to Pool Deck w/ that TIKI Bar Feel, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar overhead design, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and an Outdoor 1/2 Bathroom *** Home Rents w Pets *** Head out past the pool to the Dune to check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - CHECK OUT THE SPACE STATION AS IT ORBITS BY! *** Located just south of Tortuga's Lie, Bonnet Street Park, Lucky 12 Tavern across the street and down the road a few hundred feet, just north of the Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** The Lazy Lizard is offered Fully Furnished (excludes owner locked closet items, rugs and any artificial plants) *** The Lazy Lizard is (and has been) a Fabulous Rental Income Producing Investment ... See Rental Company Beach Realty K1205 Lazy Lizard's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/lazy-lizard *** Per Seller: Newer Smart Siding - Exterior looks to be in great shape! *** 2021 Owner Rents totaled $299,085 *** 2022 Rents are $278,018 as of 11-1-22 - an 11% Return! *** 2023 Weeks are Booking Now *** Owner projecting 2023 rents will be $375,000 *** This is a Beautiful Oceanfront Home ... Come See!
Directions
Milepost 11.5 on the Beach Road - just a few lots north of and across the street from Lucky 12 TavernOfficial 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 3303 S Virginia Dare Trail 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
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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 3303 S Virginia Dare Trail 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
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