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Sold for $1,900,000
  • $1,900,000

    5004 S Virginia Dare Trl Lot 4-5, Nags Head, NC 27959

    8beds
    4,042sqft
    Single Family Residence, Residential
    Built in 2005
    7,405 Square Feet Lot
    $1,847,700 Zestimate®
    $470/sqft
    $3,527 Estimated rent

    Home value

    $1,847,700

    $1.68M - $2.03M

    $3,527/mo

    Zestimate® history
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    What's special

    Elevator to every floorGame roomBrand new furnitureSemi-oceanfront homeHeated poolSpacious layout
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    May A Oo-Muuse 804-661-5752,

    Coldwell Banker Seaside Realty KH

    Bought with:

    * *None, NA

    **None

    Source: OBAR,MLS#: 126779MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    • Full bathrooms: 7
    • Partial bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer/Dryer Stacked, Washer
    Features
    • Walk-In Closet(s), Pantry
    • Flooring: Vinyl, Wood
    • Furnished: Yes
    Interior area
    • Total structure area: 4,042
    • Total interior livable area: 4,042 sqft

    Property

    Parking
    • Parking features: Parking Lot, Paved
    • Has carport: Yes
    • Details: Garage: Carport
    Features
    • Has private pool: Yes
    • Pool features: Private
    • Waterfront features: Semi-Oceanfront (2nd row)
    Lot
    • Size: 7,405 Square Feet
    • Features: Level
    Details
    • Zoning: SF2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Nags Head,Reverse Floor Plan
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Wood Siding, Shakes, Wood
    • Foundation: Pillar/Post/Pier
    • Roof: Wood
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Vil-NH Elliott Estates
    Location
    • Region: Nags Head

    Financial & listing details

    • Price per square foot: $470/sqft
    • Annual tax amount: $6,705
    • Date on market: 8/29/2024
    • Cumulative days on market: 88 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/17/2025Sold$1,900,000-5%$470/sqft
    Source: OBAR #126779 Report a problem
    11/26/2024Contingent$1,999,000$495/sqft
    Source: OBAR #126779 Report a problem
    10/29/2024Price change$1,999,000-11.1%$495/sqft
    Source: OBAR #126779 Report a problem
    8/29/2024Listed for sale$2,249,000+60.6%$556/sqft
    Source: OBAR #126779 Report a problem
    5/13/2022Sold$1,400,000-9.7%$346/sqft
    Source: OBAR #117162 Report a problem
    3/16/2022Listing removed--
    Source: OBAR #117162 Report a problem
    1/1/2022Listed for sale$1,550,000$383/sqft
    Source: OBAR #117162 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27959

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $1,847,700
    2% more
    +$36,954
    With Zillow Showcase(estimated)
    $1,884,654