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$ 11,950,000
Est. payment /mo
Active
6715 S Croatan Highway Nags Head, NC 27959
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel / Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 132187
HOA Y/N No
Year Built 1932
Tax Year 2025
Property Sub-Type Hotel / Motel
Property Description
First Colony Inn – Historic Outer Banks Inn with Oceanfront Development Opportunity
A rare opportunity to acquire one of the most iconic hospitality properties on the Outer Banks. Located in the heart of Nags Head, the historic First Colony Inn offers timeless coastal charm paired with a unique oceanfront investment component.
Originally constructed in 1932 and listed on the National Register of Historic Places, the inn is one of the last remaining examples of the classic “Old Nags Head style” beach hotels that once defined the Outer Banks. The shingle-style structure features expansive wraparound verandas designed to capture ocean breezes and provide inviting spaces for guests to relax and gather.
The property includes 26 uniquely appointed guest rooms, many offering kitchenettes, sitting areas, whirlpool tubs, or private porches. Amenities include a seasonal outdoor pool, landscaped grounds, welcoming common areas, and convenient beach access nearby. The inn has long been a favorite destination for weddings, reunions, and coastal getaways, with strong repeat clientele and year-round tourism demand.
Included in the offering are oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, presenting a rare and valuable opportunity for future development, expansion, or preservation of premier beachfront property. Oceanfront land in this location is exceptionally limited, making this component a significant investment asset.
With nearly a century of history, strong brand recognition, and the added value of substantial oceanfront holdings, the First Colony Inn represents a turnkey hospitality investment combined with a prime coastal real estate opportunity in one of North Carolina's most sought-after beach destinations.
A rare opportunity to acquire one of the most iconic hospitality properties on the Outer Banks. Located in the heart of Nags Head, the historic First Colony Inn offers timeless coastal charm paired with a unique oceanfront investment component.
Originally constructed in 1932 and listed on the National Register of Historic Places, the inn is one of the last remaining examples of the classic “Old Nags Head style” beach hotels that once defined the Outer Banks. The shingle-style structure features expansive wraparound verandas designed to capture ocean breezes and provide inviting spaces for guests to relax and gather.
The property includes 26 uniquely appointed guest rooms, many offering kitchenettes, sitting areas, whirlpool tubs, or private porches. Amenities include a seasonal outdoor pool, landscaped grounds, welcoming common areas, and convenient beach access nearby. The inn has long been a favorite destination for weddings, reunions, and coastal getaways, with strong repeat clientele and year-round tourism demand.
Included in the offering are oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, presenting a rare and valuable opportunity for future development, expansion, or preservation of premier beachfront property. Oceanfront land in this location is exceptionally limited, making this component a significant investment asset.
With nearly a century of history, strong brand recognition, and the added value of substantial oceanfront holdings, the First Colony Inn represents a turnkey hospitality investment combined with a prime coastal real estate opportunity in one of North Carolina's most sought-after beach destinations.
Location
State NC
County Dare
Area Nags Head Between Hwys
Zoning C2 & CR
Interior
Heating Heat Pump
Exterior
Garage Description 26-50 Spaces, Parking Lot, Paved, Off Street
Waterfront Description Oceanfront
View Y/N Yes
View Ocean, Sound
Roof Type Asphalt/Fiber Shingle
Road Frontage 1052
Private Pool No
Building
Lot Description Beach Frontage, Level, Water Frontage
Foundation Piling
Sewer Private Septic
Water Municipal Water
Others
Ownership Owned More than 12 Months
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Listed by Bobby Harrell Harrell & Associates
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