4208 S Virginia Dare Trail, Nags Head, NC 27959 (MLS # 99631)

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PRICE $765,000
BEDS 8
BATHS 11 baths
HOME SIZE n/a
LOT SIZE 12,500 sqft

Very popular vacation rental property, with great 2017 rental gross rental income of $109,000, $93,000 owners income, creating a lucrative 11.6% rental income ratio. True positive cash flow property!! Sturdy and high & dry, this "Casino Ridge" Semi-Oceanfront home offers superior wide open Ocean Views, a comfortable, well designed floorplan, with 8 bedroom, 8 full baths, 3 half baths, rec room, private pool, and ample decking. Bright open floorplan, wide open great room, with all the modern features, while enjoying the Historic Old Nags Head atmosphere. This home offers much better than average Semi-Oceanfront views, due to the higher elevation of the home, and the wide lots in this area, providing great ocean views from two levels. (Not subject to your typical tight row 50' wide oceanfront lots , large oceanfront homes, or hotel view obstructions) Features include all master bedrooms, oak hardwood floors in great room, hallways, and several bedrooms, oak stair treads, solid pine interior doors, tile flooring in kitchen and all baths, open bright great room, rec room with pool table & wet bar, all 8 master bedrooms, nice pool area with Tiki Bar, and extra wide decks on two levels, to spread out and soak in the views. Wider than your average 50' width home and lot. All in convenient and historical Nags Head location, walking distance to Jockey's Ridge and several restaurants and shops, utilizing the NH bike path if desired. This home is a fan favorite, easy to own, with proven rentals on the books! Secure this large, quality, great Ocean View property now, while interest rates are low.

DAYS ON MARKET 63 LAST UPDATED 5/16/2018
TRACT Old Hotel Lots YEAR BUILT 2001
COMMUNITY Nags Head between hwys COUNTY Dare
STATUS Sold PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central, Heat Pump
AIR CONDITIONING Yes
APPLIANCES 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
AREA Nags Head between hwys
BASEMENT FND: Piling, Slab
CONSTRUCTION Frame, Wood
EXTERIOR Cement Fiber Board, Covered Decks, Siding: Lap Siding, Sun Deck
FIREPLACE Yes
HEAT Central, Heat Pump
INTERIOR 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Floors: Carpet, Gas FCeiling Fan(s), Hardwood, Tiki Bar, Tile, Vinyl, Wood
LOT 0.29 acre(s)
LOT DESCRIPTION Outside Shower
LOT DIMENSIONS 50 x 250
PARKING Under
POOL Yes
POOL DESCRIPTION In Ground,Private Pool
SEWER Private Septic
STYLE Coastal, Reverse Floor Plan
SUBDIVISION Old Hotel Lots
TAXES 5833.92
UTILITIES Municipal; Private Septic;
VIEW Yes
VIEW DESCRIPTION Ocean
WATER Municipal
WATERFRONT DESCRIPTION Semi-Oceanfront (2nd row)

SATELLITE VIEW



 
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Listing provided by Mark Massey, Resort Realty - KH
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