Home for Sale
5004 Virginia Dare Trail, Nags Head, NC

$1,999,000

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8 Bed    7 Bath    7500 Sqft    0.17 Acres   
0 Last Update
Property Description

HUGE PRICE IMPROVEMENT!!! Here’s your next high-income investment opportunity in the Outer Banks: an 8-bedroom semi-oceanfront home in the heart of Nags Head. This property has already generated an impressive $242,700 in rental income for 2024, with $109,000 already booked for 2025, making it a standout choice for investors seeking substantial returns. The property is being sold fully furnished with all brand new furniture and rent-ready, this home offers immediate income potential. Just minutes from private community beach access, this home features an elevator to every floor, making it accessible for guests of all ages. The spacious layout is perfect for large families or groups, further boosting its rental appeal. With a heated pool and a game room, the property provides year-round entertainment and is conveniently located near the best shopping, dining, and attractions Nags Head has to offer. The home underwent a complete renovation from late 2022 to early 2023, including a new roof, pool heater, floors, kitchen, fresh interior and exterior paint, all-new appliances and furniture, a new fence around the pool, new decks, and an updated elevator. These updates not only enhance the property's value but also ensure high occupancy rates. Don’t miss out on this exceptional investment opportunity. Schedule a viewing today to secure this luxury semi-oceanfront property!

Property Basic Details
Beds 8
House Size 0.17
Price $ 1,999,000
Area Nags Head between hwys
Unit/Lot # lot 4-5
Furnishings Available Yes
Sale/Rent S
Status Active
Full Baths 7
Partial Bath 2
Year Built 2005
Property Features
Estimated Annual Fee $ 650
Flood Zone X
Water Municipal
Lease Terms Weekly
Zoning SF2
Tax Year 2024
Property Taxes 6705.26
HOA Contact Name Village Realty
Exterior Features
Construction Frame Wood Siding
Foundation Piling
Roads Paved
Interior Features
Air Conditioning Central Air
Heating Central
Appliances Dishwasher Dryer Ice Maker Microwave Range/Oven Refrigerator Washer 2nd Dishwasher 2nd Refrigerator Stackable Washer/Dryer
Interior Features Walk-In Closet(s)
Otional Rooms Pantry
Extras Beach Access,Ceiling Fan(s),Elevator,Handicap Friendly,Hot Tub
Floor Plan
Property Type Single Family Residence
Location
City Nags Head
Area Nags Head between hwys
County Dare
Subdivision Vil-NH Elliott Estates
ZIP 27959
Parking
Parking Parking Lot Paved
Garage Wood
Elementary School:
Middle School:
High School:

Location

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  • Listing Courtesy Of: Coldwell Banker Seaside Realty KH