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 |