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For salePrice cut: $50K (7/2)
$2,250,000
8beds
5,583sqft

4401 S Virginia Dare Trl Lot C-1, Nags Head, NC 27959

8beds
5,583sqft
Townhouse, residential
Built in 1983
0.41 Acres
Off street
$403 price/sqft

What's special

Unobstructed atlantic ocean viewsPrivate hot tubsExpansive covered porchesLarge windows

Classic Nags Head Oceanfront Duplex | Rare Luxury Investment Opportunity on the OBX Discover a rare oceanfront investment opportunity in the heart of Nags Head—a timeless Old Nags Head–style duplex offering two oceanfront residences in one exceptional property. Perfectly positioned along one of the most desirable stretches of the Outer Banks, this classic coastal home blends historic beach cottage charm with the income potential savvy investors seek. Wrapped in weathered cedar shingles and expansive covered porches, this iconic property captures the authentic spirit of the Outer Banks while delivering unobstructed Atlantic Ocean views and direct private beach access just steps from your door. Each side of the duplex functions as its own private oceanfront retreat, featuring open-concept living spaces designed to frame the endless ocean horizon. Large windows and inviting living areas create a relaxed coastal atmosphere where the rhythm of the waves becomes part of daily life. After a day on the beach, unwind in the private hot tubs while listening to the surf and enjoying ocean breezes under the stars. What truly sets this property apart is its versatility and powerful investment potential. With two separate oceanfront residences, owners have the flexibility to: • Maximize rental income by leasing both homes • Live in one side while generating revenue from the other • Create a multi-generational oceanfront family retreat • Hold as a legacy coastal asset in one of the OBX’s most desirable markets Oceanfront properties with this classic architecture, location, and income potential are becoming increasingly rare along the Outer Banks. The property is ideally located just minutes from restaurants, shopping, fishing piers, and entertainment in Nags Head, while still offering the privacy and serenity that oceanfront buyers crave. For investors, this property represents more than just a beach house—it’s a luxury coastal asset with built-in revenue potential and long-term appreciation in one of the East Coast’s most iconic beach destinations. Whether you envision sunrise coffee on the porch, strong rental performance, or creating a legacy family beach compound, this classic Nags Head oceanfront duplex delivers the best of the Outer Banks lifestyle and investment value. Opportunities to own a property like this on the oceanfront are becoming increasingly scarce.

171 days
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574
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18
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Source: OBAR,MLS#: 132121MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Michael J Siers 252-489-3861,

Howard Hanna Outer Banks Realty,

Stacy B Siers 252-489-9451,

Howard Hanna Outer Banks Realty

Source: OBAR,MLS#: 132121MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 7
Heating
  • Heat Pump
Cooling
  • Heat Pump
Appliances
  • Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
Features
  • Flooring: Carpet, Tile, Wood
  • Furnished: Yes
Interior area
  • Total structure area: 5,583
  • Total interior livable area: 5,583 sqft
Video & virtual tour

Property

Parking
  • Parking features: Off Street
Features
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • Waterfront features: Ocean Front, Beach Front
Lot
  • Size: 0.41 Acres
  • Features: Beach Frontage
Details
  • Zoning: CR

Construction

Type & style
  • Home type: Townhouse
  • Architectural style: Nags Head,Coastal,Historic
  • Property subtype: Townhouse, Residential
Materials
  • Frame, Wood Siding, Shakes, Wood
  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
Condition
  • Year built: 1983

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Public

Community & HOA

Community
  • Subdivision: Nags Head Beach
Location
  • Region: Nags Head

Financial & listing details

  • Price per square foot: $403/sqft
  • Tax assessed value: $2,492,200
  • Annual tax amount: $12,341
  • Date on market: 3/12/2026
  • Cumulative days on market: 564 days
  • Listing agreement: Exclusive Right To Sell
  • Ownership: Owned More than 12 Months
  • Lease term: Weekly
  • Road surface type: Paved

Price history

DateEventPrice
7/2/2026Price change$2,250,000-2.2%$403/sqft
Source: OBAR #132121 Report a problem
3/12/2026Listed for sale$2,300,000+4.5%$412/sqft
Source: OBAR #132121 Report a problem
1/10/2026Listing removed$2,200,000$394/sqft
Source: OBAR #130698 Report a problem
11/18/2025Price change$2,200,000-4.3%$394/sqft
Source: OBAR #130698 Report a problem
10/6/2025Listed for sale$2,299,999-7.1%$412/sqft
Source: OBAR #130698 Report a problem
10/6/2025Listing removed$2,474,900$443/sqft
Source: OBAR #129995 Report a problem
7/25/2025Listed for sale$2,474,900-2.1%$443/sqft
Source: OBAR #129995 Report a problem
7/22/2025Listing removed$2,527,777$453/sqft
Source: OBAR #127687 Report a problem
5/4/2025Price change$2,527,777-1.9%$453/sqft
Source: OBAR #127687 Report a problem
12/11/2024Listed for sale$2,577,888$462/sqft
Source: OBAR #127687 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$12,158/mo
Principal & interest
$11164
Property taxes
$994
More affordability toolsChevron Right

Estimated market value

$2,043,000

$1.94M - $2.15M

$5,009/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 27959

Nearby schools

Nags Head Elementary School
Grades PK-52.2 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
4/10
Manteo Middle School
Grades 6-84 miles
7/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
7/10
Manteo High School
Grades 9-123.8 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
7/10
Student Progress Rating
8/10