Listing Details For 2703 S Virginia Dare Trail in Nags Head
Closing Price:
$2,399,000
$2,399,000
2703 S Virginia Dare Trail,
Nags Head, NC 27959
8 bd
7 ba
4082 sq ft
MLS #: 118143
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,321,000.00
Closing Date: 4/28/2022
Contract Date: 3/28/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 4
Listing Information
Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 4
Listing Price: $2,399,000
Original Listing Price: $2,399,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/28/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4082
Asking Price Per SqFt: $588.00
Heated Living Area Sq Ft: 4082
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump, Zoned
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: 2
County: Dare
Subdivision: Nags Head Shores
Deed Book: 1924
Deed Book Page Number: 0117
County Pin Number: 989206494734
Price Change: 4/27/2022
Block: 1
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.33
Lot Size Square Feet: 14500
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $8,223.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 4/28/2022
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
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Wood
Extras: Ceiling Fan(s),Elevator,Smoke Detector(s)
HOA Contact Name: N/A
Primary Residence: No
HOA Contact Info: N/A
Rental Income
Annual Rental Income: 269800
Rental Performance: 0.1162
Listing Agent Remarks
A magnificent oceanfront property awaits with 200k plus in rental income, sensational ocean views and a stable vegetated dune for added protection! One of the best dune lines in all of Nags Head. This quality constructed 8 bedroom (5 primary bedrooms have a private bath) home offers an elevator accessible to all 3 floors, a reverse style living that takes advantage of the stunning water views, a functional open-concept floor-plan, a freshly renovated kitchen with plenty of cabinetry for storage, and a game room with a kitchenette. The top-level boasts; a generous great room with custom built-ins, a cozy gas fireplace, hardwood floors in the dining room, a dining area that seats 20, a large sun deck; eat-in bar for 5, new tile floors and countertops; a ship's watch, a powder bath, and a primary bedroom with a private ensuite bath. This is a great space to entertain a large family or group. The loft area overlooks the great room and is a wonderful reading nook or office. Enjoy the grand primary EnSuite with extra seating, King Size Bed, and private bath with a shower and jacuzzi tub. The mid-level offers 4 more spacious bedrooms; all have a private baths and 2 of the bedrooms have a private deck access perfect for being lulled to sleep by the sound of the ocean waves, and the conveniently located washer/dryer. One of the EnSuites on this level is wheel chair accessible. The ground level features a super sized game room (18x20) a slider to the pool area and outdoor shower, a kitchenette complete with a full size refrigerator, wet bar, and microwave. There are also 3 more bedrooms; 2 of the bedrooms have a private access to the shared bath (Jack and Jill), and one bedroom is a private suite. The exterior features a private heated pool and a large dune top deck with built-in seating. This property has all you need to begin building memories in the heart of Nags Head. Close proximity to shopping, dining and entertainment. Consistent money maker for any investor $214,821 in income for 2021, and on tract to do more this year with 201,663 YTD for 2022. At the buyer's option, it may be possible move VRBO guests to any management company.
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Program of the Outer Banks Association of REALTORS. This property located at 2703 S Virginia Dare Trail in Nags Head is provided
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