MLS # 126779
5004 Virginia Dare Trail
Nags Head, NC 27959
$1,999,000
8
Bedrooms
7 Full
2 Partial
Bathrooms
Sq. Ft.

About This Property

HUGE PRICE IMPROVEMENT!!! $170,000 Already booked for 2025! 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 generated an impressive $242,700 in rental income for 2024, with $170,000 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. The home underwent a complete renovation 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. 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. Make an offer to secure this luxury semi-oceanfront property today. This is not an opportunity you want to miss out!

Property Details

MLS:
126779
Address:
5004 Virginia Dare Trail
Town:
Nags Head
Price:
$1,999,000
Estimated Monthly Mortgage:
$9,088/mo.
Listing Agent:
Oo-Muuse, May
Listing Company:
Coldwell Banker Seaside Realty KH
Area:
Nags Head between hwys
Subdivision:
Vil-NH Elliott Estates
Waterfront Location:
Semi-Oceanfront (2nd row)
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
8
Baths:
7 Full / 2 Partial
Heated Area:
Sq ft.
Year Built:
Map
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