Listing Details For 4938 S Passage Way in Nags Head

Asking Price:
$1,395,000
4938 S Passage Way, Nags Head, NC 27959
6 bd
6 ba
3458 sq ft
MLS #: 124829
Status: Pending

Listing Information

Area: Nags Head between hwys
Mls Status: Pending
Cumulative Days On Market: 108
Listing Price: $1,395,000
Original Listing Price: $1,479,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/30/2024
Furnishing Available: Y
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: 3458
Total Living Area Sq Ft: 3458
Asking Price Per SqFt: $403.00
Heated Living Area Sq Ft: 3458
BedroomsTotal: 6
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2017
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
Roof: Wood
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Heated, Indoor, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Heat Pump
Room Type: Foyer, Game Room, Home Theater
Flooring: Carpet, Tile, Wood, Plank
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: 620
Subdivision Name: Village at Nags Head
Deed Book: 2534
Deed Book Page Number: 0541
County Pin Number: 080113139692
Price Change: 7/29/2024
Road Surface: Paved, Public
Association Amenities: Clubhouse, Golf Course, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access

Lot Details

Lot Size Acres: 0.24
Lot Size Square Feet: 10500
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $6,752.00
Home Oner Insurance Expense: 2125
Flood Zone: X
Flood Insurance Expense: 0
Wind Insurance: 7317
Water Source: Municipal
Yearly Water Expense: 917
Pool Or Spa Expense: 4472
Yearly Expense: Estimated
Yearly Elecric Expense: 3381
Yearly Cable Tv Expense: 4150
Contract Status Change Date: 7/30/2024
Estimated Annual Fee Amt: $650.00
Sewer: Private Sewer
Septic Fee: 1102
Association Fee Includes: Common Insurance, Management
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Caroline Decker
Primary Residence: No
HOA Contact Info: Caroline@VROBX.com

Rental Income

Annual Rental Income: 134797
Rental Performance: 0.0966
Owner Rental Income 2024 Amount: 113196
Avertised Income 2024 Amount: 133599
Owner Renatl Income 2023 Amount: 117230
Avertised Income 2023 Amount: 134797
Owner Renatl Income 2022 Amount: 101777
Avertised Income 2021 Amount: 117264

Listing Agent Remarks

If you are looking for an upscale vacation rental investment property, “Sailfish Station” will have you hooked. This is a 6 bedroom, 6.5 bath home located in the Moongate community of Village at Nags Head. With over 3400 square feet, this quality built vacation property offers ocean views, a reverse floor plan, elevator, theater room, multiple en suite bedrooms, game room, private pool and more. The spacious top floor features cathedral ceilings, ocean views from the family room and its east sundeck, reclaimed pine floors, and an open floor plan. The kitchen is stylish with white cabinetry, stainless steel appliances, a wine cooler, and granite countertops. A large center island serves as a convenient prep area or as additional seating. The adjacent dining space can be configured for a large or small group offering just the versatility guests need. The upper level also features a media room where the gang can gather for a movie before heading off to the first of the 6 comfortable bedrooms. On this level is a spacious primary bedroom with a private deck and a luxurious en suite bathroom. Plank flooring, a double vanity and a separate custom tiled shower and bath create a true spa-like experience. This suite even boasts its own washer and dryer. The elevator will take you down to the mid-level where 4 more generous en suite bedrooms await, each with a well appointed private bath, and 3 with covered deck access. For convenience, another washer and dryer are here. And don’t worry about closet space- this property has closets galore! The final bedroom is found on the ground level along with a full bathroom. The adjoining game room is spacious and features durable tile plank flooring. A handy granite-topped wet bar and a refrigerator make enjoying a game of pool or a turn at the arcade game all the better without having to run to the kitchen for refreshments. Outside, a 24x10 private pool and hot tub will do the trick for those who take a break from a day at the beach. But it’s only a short 160 yards to the crosswalk for a morning beach stroll to watch the sun rise over the ocean or catch the dolphin playing in the surf. “Sailfish Station” is an upscale, quality-built vacation home with comfort and convenience in mind. The ocean views, thoughtful layout, custom touches and proximity to local restaurants and shopping make this property special. Located in the heart of Nags Head, owners and guests of this vacation property may enjoy the amenities of Village at Nags Head which include a community shuttle, ocean and sound accesses, Village Beach and Tennis Club, and more. Reel this one in now!

Directions

Take the beach road south to right onto E Mall Rd. Property is on the corner of E Mall and S Passage Way.

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 4938 S Passage Way in Nags Head is provided courtesy of Keller Williams - Outer Banks C: 252-207-6588. 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 4938 S Passage Way 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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