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Listing Details For 2703 Virginia Dare Trail in Nags Head

Asking Price:
$2,750,000
2703 Virginia Dare Trail, Nags Head, NC 27959
8 bd
7 ba
0 sq ft
MLS #: 128044
Status: Active

Listing Information

Area: Nags Head Oceanside
Mls Status: Active
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $2,750,000
Original Listing Price: $2,750,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 1/25/2025
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4082
Total Living Area Sq Ft: 4082
Asking Price Per SqFt: $674.00
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private, Vinyl
Counter Tops: Granite,Marble
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Loft
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 2
County: Dare
Subdivision: Nags Head Shores
Deed Book: 2614
Deed Book Page Number: 942
County Pin Number: 989206494734
Price Change: 1/24/2025
Block: 1
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.33
Lot Size Square Feet: 14500
Lot Features: Beach Frontage, Waterfront
Lot Faces: EAST
Water Frontage: 50
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $8,462.00
Home Oner Insurance Expense: 9469
Flood Zone: VE
Flood Insurance Expense: 1305
Wind Insurance: 3383
Other Insurance: 400
Water Source: Municipal
Yearly Water Expense: 960
Pool Or Spa Expense: 5400
Yearly Expense: Estimated
Yearly Elecric Expense: 7200
Yearly Cable Tv Expense: 2880
Contract Status Change Date: 1/25/2025
Estimated Annual Fee Amt: $0.00
Sewer: Non Conventional Septic
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 50
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 240278
Rental Performance: 0.0874
Owner Rental Income 2024 Amount: 239472
Owner Renatl Income 2023 Amount: 234304

Listing Agent Remarks

"PRETTY MAMA" OCEANFRONT W/ FABULOUS OCEAN VIEWS! *** ELEVATOR & HEATED POOL ... and HUGE GAME ROOM W/ MINI KITCHEN & ARCADE! *** EXCELLENT RENTAL INVESTMENT INCOME PRODUCER ... 2024 Rents $239,472 ... a 9% RETURN!!! *** ELEVATOR TO ALL 3 LEVELS ... PRETTY MAMA IS AN 8 Bedroom Oceanfront in the Heart of Nags Head w/ Nice Heated Pool, Deep Lot w/ High Protective Dune System *** Original Tax Plat shows Land Dimensions: 50 feet by 418 feet *** Located Approx. Milepost 10 on the Beach Road *** Big Driveway for plenty of Guest and Family Parking *** MULTIPLE En Suite Bedrooms w/ Full Baths (See Broker Notes for rental description and website link for this home) * Primary Powder Room just off the Great Room for guests *** Starting on the Top Level 3 - You will love the Large Open Great Room w/ Custom Interior Finishes and Furnishings * Cozy Kitchen w Double Refrigerators * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * Primary Oceanfront En suite bedroom with Ocean Views! * Also, Fabulous Ocean Views from 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 Bedrooms w Full Baths (One Bedroom features a large ACCESSIBLE BATHROOM for those with disabilities) & Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer & Front Covered porch mid-level between Levels 1 and 3 *** Level 1 Features a Huge Open Great Room with tile floor, Kitchenette, Pool Table, Sliders out to POOL & Hot Tub & Walkway to Beach! *** 2nd Bedroom on Ground Level off Game Room features door to rear Pool Deck area for easy access to bathroom *** Home Rents w Pets - there is a dedicated pet area (new in 2022) on the South side of the Pool *** You will want to head out past the pool gate to the Dune - 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 - the Constellations & The Milky Way will WOW you as will the SUNRISES OVER THE OCEAN ... also a great place to have your morning Coffee! *** 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! *** PRETTY MAMA is offered fully furnished (with listed exclusions) *** NEW IN 2022: Interior Touch-Up Painting, New Ceiling Fans, Various New Decor, including leather sofa, new lamps, new area rugs, New King Bed Mattresses and Bedspreads, New Full-Size Refrigerator, New PVC Tables, New Park Grills, New Dog Run, New Pool Liner, New Rec Room TV Added, New Dune Deck Flooring and some new Walkway step treads *** List of additional Updates 2023 and 2024: Microwave, refinish dining room flooring, tables and chairs, Elevator upgraded to meet Weston's Law, Pac Man Arcade Game, Lower Level Refrigerator, Outdoor Polywood Furniture, Dryer, Tiki Bar, Floors Refinished, Bathroom Faucets and Shower Heads, Interior AND Exterior Paint *** See Rental Company Beach Realty K1226 Pretty Mama Photos & Description at rental Website Link: https://www.beachrealtync.com/outer-banks-rentals/pretty-mama *** Beach Realty 2023 Rents $234,304 * 2024 Rents $239,472 ... AS OF 1-24-25 YTD RENTS FOR 2025 OFF TO A GREAT START W $60,763 BOOKED! Beach Realty Projecting 2025 Rents of $240,278 *** Perfect Home for a Buyer who wants Rental Income! *** High Praise from a prior Guest: "Pretty Mama is in the ideal location for visiting the OBX to the north or south and close to the best places to eat. It has all the Features & Amenities needed i.e. Elevator, Heated Pool, Oceanfront and Pet Friendly. Everyone from Beach Realty were friendly." *** Buy Now and Capture a Majority of the Rental Income with only a partial year of expenses! ... You will Love this Oceanfront Home ... Come see!

Directions

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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 2703 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 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 2703 Virginia Dare Trail in Nags Head is no longer available for sale.

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