Nags Head, NC 27959,5004 S Virginia Dare Trail #Lot 4-5
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Nags Head, NC 27959,5004 S Virginia Dare Trail #Lot 4-5
Nags Head, NC 27959,5004 S Virginia Dare Trail #Lot 4-5
Nags Head, NC 27959,5004 S Virginia Dare Trail #Lot 4-5
Nags Head, NC 27959,5004 S Virginia Dare Trail #Lot 4-5

$1,400,000

Est. payment /mo

$1,550,000

9.7%
Est.Price: ?

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5004 S Virginia Dare Trail #Lot 4-5 Nags Head, NC 27959

8 Beds

8 Baths

4,042 SqFt

SOLD DATE : 05/13/2022

Key Details

Sold Price $1,400,000

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,042 sqft

Price per Sqft $346

Subdivision Vil-Nh Elliott Estates

MLS Listing ID 117162

Sold Date 05/13/22

Style Cape Cod,Contemporary,Nags Head

Bedrooms 8

Full Baths 7

Half Baths 2

HOA Fees $33/ann

Year Built 2005

Annual Tax Amount $6,315

Tax Year 2021

Lot Size 7,405 Sqft

Acres 0.17

Property Description

"The Capes" have been well known among Nags Head Vacationers for many years. They are known for providing amazing hospitality and accommodations for wedding parties or family reunions. These four (4) similar homes are meticulously maintained and do not show the typical wear of other rentals with similar rental numbers. The current owners close the homes after Thanksgiving to begin working on them and preparing for the next year. These homes have a great ROI and turnkey. Just under 200 yards to the beach access, the sun and sand awaits you! This home is the perfect combination of the Old Nags Head's head rustic feel and modern coastal luxury. Cape Ann boasts eight (8) bedrooms and seven (7) full bathrooms along with two (2) 1/2 baths. The bedroom on the lowest level is handicap friendly and all rooms are wheel chair accessible. The top level & ships watch showcase the Outer Banks main attraction - the ocean! Great views can be had from the rooms facing the ocean. The open living space flows into the kitchen making it perfect for entertaining and including everyone in the fun. Sporting lots of decks and seating, taking your plate outdoors to enjoy the views may be a popular idea! The game/rec room is perfectly proportioned to the size of the home. It is large and spacious with a pool table, foosball and air hockey. This space makes for an incredible game night in with activities for everyone. There is additional seating (a table with chairs & bar stools), mini fridge and wet bar. Exiting the Rec room and leading out to the pool & hot tub area you will find a private oasis. The area around the pool is spacious with lots of pool loungers and space for outdoor entertaining. Cape Ann has a great rental history with potential for more. Cape Ann is the only one of the homes that is not Pet Friendly. Making the change would certainly increase income. Adding a pool heater for offseason rentals is another opportunity for higher rental numbers.

Location

State NC

County Dare

Area Nags Head Between Hwys

Zoning RES

Interior

Interior Features Master Bath (Ensuite)

Heating Central, Electric, Forced Air

Cooling Central

Flooring Carpet, Tile, Wood Laminate

Appliance 2nd Dishwasher, Microwave, Refrigerator

Exterior

Exterior Feature Elevator

Parking Features Parking Lot, Under

Pool In Ground, Private Pool

Waterfront Description Semi-Oceanfront (2nd row)

View Ocean

Building

Sewer Community Septic

Water Municipal

Structure Type Shakes

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Outer Banks MLS (OBMLS)
Listed by Brook Sparks • Coldwell Banker Seaside Realty KH
Bought with Brook Sparks • Coldwell Banker Seaside Realty KH

Cameron Griggs

+1(919) 390-4537

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