Listing Details For 5022 S Virginia Dare Trail in Nags Head

Closing Price:
$1,600,000
5022 S Virginia Dare Trail, Nags Head, NC 27959
8 bd
8 ba
0 sq ft
MLS #: 126381
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,490,000.00
Closing Date: 11/1/2024
Contract Date: 9/26/2024
Seller Concessions: Yes
Concession Comments: closing costs negotiated after inspection
Total Days on Market:
Cumulative Days on Market: 70
Due Diligence Date: 10/25/2024

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 70
Cumulative Days On Market: 70
Listing Price: $1,600,000
Original Listing Price: $1,600,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 11/4/2024
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: 3954
Total Living Area Sq Ft: 3954
Asking Price Per SqFt: $405.00
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2000
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, Wine Cooler
Roof: Wood
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, In Ground, Fiberglass, Private
Counter Tops: Granite,Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Wet Bar
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Vil-NH Elliott Estates
Subdivision Name: Villages of Nags head
Deed Book: 2280
Deed Book Page Number: 132
County Pin Number: 027839073
Price Change: 11/3/2024
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.21
Lot Size Dimensions: 60 x 150
Lot Size Square Feet: 9000
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $6,557.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/4/2024
Estimated Annual Fee Amt: $650.00
Sewer: Public Sewer
Association Fee Includes: Management, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding,Cement Fiber Board
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Caroline Decker
Primary Residence: No
HOA Contact Info: carolined@vrobx.com

Rental Income

There is no rental income information available

Listing Agent Remarks

Your chance to own “Cloud 9” is now! Ethereal bliss can be your reality with this fantastic home away from home! Solid ocean views, a crisp fit and finish, and an incredible location are the highlights of this dreamy 8-bedroom vacation home! The numbers work with over $151k in 2023 rental income (without pets)! The location offers easy access to the beach and is in easy walking distance to shopping and fabulous restaurants. The fun starts outside, and Cloud 9 has it all: sun decks, shade decks, green grass, hot tub, and a 29 x 13 private pool! The great room on the top floor has incredible east to west site lines that offer views across the island. The 12-foot ceilings, light and airy coastal décor, gorgeous LVP rich wood flooring, shiplap accents and tasteful fixtures will make you rest easy since it's all done! In the kitchen you’ll find quartz tops, stainless appliances, and a beautiful backsplash. Also on this floor are a half bath and two king suites. Both of these suites are spacious with deck access, cathedral ceilings, plantation shutters and en-suite baths. The east suite has a tub and a beautiful shower with a glass door. The midfloor features 4 suites, more beautiful LVP flooring throughout, wainscoting in the hallway and large laundry room. Two of the suites have king beds and two have queens. All four have their own deck access. The ground floor has a great room with a beverage fridge, full size refrigerator, granite wet bar, pool table, arcade game with more of the LVP flooring to tie it all together. Also on this floor is a queen suite with a private bath a bedroom with 2 full bunk beds, and a full bath. f you are looking for a great rental home that is ready for fun with the updates done, then hop on Cloud 9 while this beauty is in your grasp!

Directions

Milepost 14.3

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 5022 S Virginia Dare Trail in Nags Head is provided courtesy of Carolina Designs Realty C: 252-573-9503. 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 5022 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 252-441-3416 OR 800-647-1868.

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