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3301 S Virginia Dare Trail , Lot 1

Nags Head, NC 27959
  • $2,475,000
  • STATUS: Closed
  • ON SITE: 365 Days
  • MLS #: 119170
Sold - 03/21/2023
$2,475,000
SOLD - 03/21/2023
  • 8
    BEDS
  • 0.58
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
  • 3,862
    SQFT
  • $641
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1998
County:

School Ratings & Info

Description

AMAZING 2022 OWNER RENTS $306,070 !!! - that is a 12% RETURN CASH FLOW! *** 65 FEET WIDE OCEANFRONT LOT! *** "9" BEDROOM OCEANFRONT IN NAGS HEAD! ... Big Daddy's has a Great Name ... This Home lives up to the name & then some! * TROPICAL GORGEOUS LANDSCAPING * Prior survey shows Land Dimensions: 65 feet on Beach Road, north side 394 Feet and Oceanfront at 66 Feet and south side at 382 Feet ... 66 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head!) *** Likely Room to add a Cabana *** Located Milepost 11.5 approx. on the Beach Road - this home will catch your eye driving by with its Lush Landscaping w/ Volley Ball Court & the that Island Look that will draw you in * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually "9" Bedrooms w/ 7 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 7 Full Baths and 2 Half Baths (Primary Powder Room just off the Great Room for guests and the other is a 1/2 bath is an outdoor Bathroom across from the 2 Outdoor Showers - perfect for the Kiddies while swimming in the Pool! *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Painted Ceiling Mural * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have Fabulous Ocean Views! Guest Powder Room * North side Main En suite Bedroom w/ double Pocket Doors to spacious Bath with Soaking Jet Tub & separate enclosed Tile Shower * Expansive rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180- degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features 5 En suite Bedrooms w Full Baths, 1 bunk room and Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 - The glass in the front door is being replaced soon June 2022 * Level 1 Features a Huge Open Great Room with tile floor, Big Kitchen, Pool Table, Sliders out to Tiki Bar & Pool, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and the Outdoor 1/2 Bathroom *** Home Rents w Pets - there is a dedicated pet area on the north side of the Pool w/ green grass and a pen on the south side *** You will want to head out past the pool to the Dune Pool gate - Check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - the Big Dipper in all its glory was overhead last night! *** Located just south of Tortuga's Lie, Bonnet Street Park, Lucky 12 Tavern across the street and down the road a few hundred feet, just north of the Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Big Daddy's is offered fully furnished with no exclusions other than that which is located in owner locked storage closets *** Big Daddy's is (and has been) a Fabulous Rental Income Producing Investment *** See Rental Company Beach Realty K1204 Big Daddy's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/big-daddys *** Per Seller: New Pool Liner 11/2022, Roof & HVAC 7 years old, Water Heater 5 years old *** NOTE: 1/11/23 Seller will soon be removing exterior wood shutters and will touch paint to match in needed areas where shutters removed *** 2021 Owner Rents totaled $299,297 *** OWNER RENTS for 2022 were $306,070 ... a 12% RETURN! *** Owner Projecting 2023 Rents will exceed 2022 Rents! 2023 is Booking Strong w/ $183,071 Booked as of 3/10/23 *** This is Oceanfront at its Best ... Come see!

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© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2023-06-06T23:37:52.567.
www.outerbanksrealtygroup.com/homes/129563819
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3301 S Virginia Dare Trail , Lot 1 Nags Head, NC 27959

  • Price: $2,599,900
  • Status: Closed
  • On Site: 365 Days
  • Updated: 108 min ago
  • MLS #: 119170
8
Beds
7
Baths
2
½ Baths
0.58
Acres
3,862
SQFT
$641
$/SQFT
1998
Built
Neighborhood:
Southwinds
County:
Dare
Area:
Nags Head Oceanside
Property Description
AMAZING 2022 OWNER RENTS $306,070 !!! - that is a 12% RETURN CASH FLOW! *** 65 FEET WIDE OCEANFRONT LOT! *** "9" BEDROOM OCEANFRONT IN NAGS HEAD! ... Big Daddy's has a Great Name ... This Home lives up to the name & then some! * TROPICAL GORGEOUS LANDSCAPING * Prior survey shows Land Dimensions: 65 feet on Beach Road, north side 394 Feet and Oceanfront at 66 Feet and south side at 382 Feet ... 66 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head!) *** Likely Room to add a Cabana *** Located Milepost 11.5 approx. on the Beach Road - this home will catch your eye driving by with its Lush Landscaping w/ Volley Ball Court & the that Island Look that will draw you in * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually "9" Bedrooms w/ 7 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 7 Full Baths and 2 Half Baths (Primary Powder Room just off the Great Room for guests and the other is a 1/2 bath is an outdoor Bathroom across from the 2 Outdoor Showers - perfect for the Kiddies while swimming in the Pool! *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Painted Ceiling Mural * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have Fabulous Ocean Views! Guest Powder Room * North side Main En suite Bedroom w/ double Pocket Doors to spacious Bath with Soaking Jet Tub & separate enclosed Tile Shower * Expansive rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180- degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features 5 En suite Bedrooms w Full Baths, 1 bunk room and Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 - The glass in the front door is being replaced soon June 2022 * Level 1 Features a Huge Open Great Room with tile floor, Big Kitchen, Pool Table, Sliders out to Tiki Bar & Pool, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and the Outdoor 1/2 Bathroom *** Home Rents w Pets - there is a dedicated pet area on the north side of the Pool w/ green grass and a pen on the south side *** You will want to head out past the pool to the Dune Pool gate - Check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - the Big Dipper in all its glory was overhead last night! *** Located just south of Tortuga's Lie, Bonnet Street Park, Lucky 12 Tavern across the street and down the road a few hundred feet, just north of the Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Big Daddy's is offered fully furnished with no exclusions other than that which is located in owner locked storage closets *** Big Daddy's is (and has been) a Fabulous Rental Income Producing Investment *** See Rental Company Beach Realty K1204 Big Daddy's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/big-daddys *** Per Seller: New Pool Liner 11/2022, Roof & HVAC 7 years old, Water Heater 5 years old *** NOTE: 1/11/23 Seller will soon be removing exterior wood shutters and will touch paint to match in needed areas where shutters removed *** 2021 Owner Rents totaled $299,297 *** OWNER RENTS for 2022 were $306,070 ... a 12% RETURN! *** Owner Projecting 2023 Rents will exceed 2022 Rents! 2023 is Booking Strong w/ $183,071 Booked as of 3/10/23 *** This is Oceanfront at its Best ... Come see!
Exterior Features

Construction FrameWood Exterior ShakesSheet SidingWood Extras Beach AccessBoardwalk To BeachCeiling Fan(S)Covered DecksFenced YardHot TubJet TubLandscapedLawn SprinklersOutside LightingOutside ShowerPatioSmoke Detector(S)Sun DeckTiki BarDry EntryInside Laundry Room Foundation PilingSlab Garage 2 CarAttachedCarport Lot Description Beach FrontageLevelWater Frontage Lot Faces East Lot Size Dimensions 65 X 394 X 382 X 420 Parking Off StreetPaved Pool HeatedIn GroundOutdoorPrivate PoolVinyl Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Street Frontage 65 Style CoastalContemporaryCottageReverse Floor Plan View Description Ocean Water Frontage 66 Waterfront Location Oceanfront

Interior Features

Air Conditioning Heat PumpZoned Appliances 2nd DishwasherDishwasherDryerMicrowaveRange/OvenRefrigerator W/Ice MakerStackable Washer/DryerWasher Counter Tops Laminate Floor Coverings CarpetTile Furnishings Available YN Yes Heating ElectricHeat PumpZoned Interior Features Cathedral Ceiling(S)Dryer ConnectionEnsuiteGas ConnectionGas FireplaceIce Maker ConnectionPantrySome Windows TreatedWasher Connection Optional Rooms Game RoomPantry

Property Features

Annual Rental Income 303150 Association Fee YN No - Restrictive Covenants May A Bank Owned YN No Estimated Annual Fee 0 Financing Options CashConventionalJumbo Loan Flood Zone Ve Full Subdivision Name Southwinds Lease Terms Weekly Possession At ClosingSubject To Tenancy Potential Short Sale No Primary Residence YN No Rental Cottage Name Big Daddy's Rental Performance 0.1225 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2022 Taxes 9595 Water Municipal Zoning Cr

Listing courtesy of John Leatherwood of Coldwell Banker Seaside Realty Kh: C: 252-202-3834.


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2023-06-06T23:37:52.567.
 
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Outer Banks Realty Group
PO Box 3009
Kitty Hawk NC, 27949