Nags Head, NC 27959,5004 S Virginia Dare Trail

$1,400,000

Est. payment /mo

$1,550,000

9.7%
Est.Price: ?

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5004 S Virginia Dare Trail Nags Head, NC 27959

8 Beds

9 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 Y/N No

Year Built 2005

Tax Year 2021

Property Sub-Type Single Family - Detached

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 Ensuite

Heating Central, Electric, Forced Air

Appliance Microwave, Refrigerator, 2nd Dishwasher

Exterior

Exterior Feature Shakes

Parking Features None

Pool In Ground, Private Pool

View Y/N Yes

View Ocean

Private Pool Yes

Building

Sewer Community Septic

Water Municipal

Others

Ownership Owned More than 12 Months

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Outer Banks MLS (OBMLS)
Listed by Brook Sparks Coldwell Banker Seaside Realty KH C: 252-619-1177
Bought with Brook Sparks Coldwell Banker Seaside Realty KH
agent

Cameron Griggs

+1(919) 390-4537

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