Listing Details For 7245 S Old Oregon Inlet Road in Nags Head

Asking Price:
$2,999,000
7245 S Old Oregon Inlet Road, Nags Head, NC 27959
8 bd
9 ba
0 sq ft
MLS #: 124781
Status: Active

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Active
Cumulative Days On Market: 247
Listing Price: $2,999,000
Original Listing Price: $3,100,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/4/2024
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: 5263
Total Living Area Sq Ft: 5263
Asking Price Per SqFt: $570.00
BedroomsTotal: 8
Bathrooms Full: 9
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Room Type: Game Room, Media Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Dea Properties
Deed Book: 2610
Deed Book Page Number: 0943
County Pin Number: 080016728951
Price Change: 10/3/2024
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.44
Lot Size Square Feet: 19000
Lot Features: Beach Frontage, Level
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $14,296.00
Flood Zone: AO,X
Other Insurance: 13897
Water Source: Municipal
Yearly Water Expense: 1613
Other Yearly Expense: 140
Pool Or Spa Expense: 9542
Yearly Expense: Actual
Yearly Elecric Expense: 6835
Yearly Cable Tv Expense: 2331
Contract Status Change Date: 10/4/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 1600
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Fenced Yard,Handicap Friendly,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 272575
Rental Performance: 0.0909
Owner Rental Income 2024 Amount: 191687
Avertised Income 2024 Amount: 203207
Owner Renatl Income 2023 Amount: 248572
Avertised Income 2023 Amount: 263848

Listing Agent Remarks

Magnificent Oceanfront Retreat with Exceptional Rental Income Discover the oceanfront home you've been dreaming of! Already boasting over $130,000 in rental income booked for 2024, this property promises an outstanding investment opportunity. Prepare to be impressed by the wealth of amenities and features it has to offer: 8 Spacious Bedrooms with Private Baths: Each bedroom offers ample space and privacy, ensuring maximum comfort for guests. Home Theater and Game Room: Enjoy movie nights and leisurely entertainment in the dedicated home theater and game room. Oversized Heated Pool and Hot Tub: Relax and unwind in the expansive heated pool and hot tub, perfect for soaking in the coastal ambiance year-round. Elevator: Accessibility is effortless with the convenience of an elevator, catering to guests of all ages and abilities. Stunning Ocean Views: Bask in breathtaking ocean views from multiple vantage points throughout the home, immersing yourself in the beauty of the coastline. Gleaming Hardwood Floors: High-quality hardwood floors exude elegance and sophistication, enhancing the interior ambiance. Upgraded Kitchen with Granite Countertops: The spacious kitchen boasts luxurious granite countertops and stainless-steel appliances, combining style with functionality. Fresh Paint and High-End Furnishings: Custom touches and high-end furnishings throughout create an inviting atmosphere and ensure a turn-key experience. Private Walkway to the Beach: Enjoy direct access to the beach via a private walkway, making seaside strolls and beach outings a breeze. Covered Deck: Relax on the oversized covered deck while taking in the mesmerizing sights and sounds of the crashing waves. Ensuite: The top floor features a luxurious Ensuite with sound views, complete with an oversized custom tiled shower, jet tub, and double vanity. Prime Location: Conveniently situated within walking distance to restaurants and attractions, including the renowned Jennette's Pier. On the ground level, discover two additional ensuite bedrooms alongside the home theater, ensuring ample space and privacy for all guests. Entertainment options abound with custom LED lighting and surround sound for an unforgettable movie night experience. Outdoors, indulge in the 14x28’ oceanside pool, adjacent kitchenette, Bathroom directly to outside, volleyball court, and basketball hoop, providing endless opportunities for fun and relaxation. This home epitomizes luxury, comfort, and entertainment, making it the perfect retreat for families and groups alike. Don't miss out on this exceptional opportunity – schedule your viewing today and prepare to be captivated by coastal living at its finest!

Directions

Just South of Jennette's Pier

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 7245 S Old Oregon Inlet Road in Nags Head is provided courtesy of Howard Hanna Outer Banks Realty . 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 7245 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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