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Sold for $687,500
  • $687,500

    5507 S Virginia Dare Trl #202B, Nags Head, NC 27959

    3beds
    1,724sqft
    Condominium, Residential
    Built in 1989
    -- sqft lot
    $689,200 Zestimate®
    $399/sqft
    $2,879 Estimated rent

    Home value

    $689,200

    $606,000 - $786,000

    $2,879/mo

    Zestimate® history
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    $3,994/mo

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    $3,994/mo

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    What's special

    Oceanfront condoExpansive ocean viewsWell appointed balconyCommunity swimming pool
    "Mermaid's Cove" is the perfect spot to wake up every morning, grab a cup of coffee, and watch the sunrise over the beautiful beaches of Nags Head. This second floor oceanfront condo located in the highly sought after community of Heron Cove offers expansive ocean views, one level living, a building elevator, covered parking, generous ground floor storage for beach toys and bikes, private community beach access and you can easily see the community swimming pool. It's truly the best of beach living! Units in Heron Cove with ocean views seldom become available in part because the community is located on one of the best sections of the beach on the Outer Banks and it's convenient to restaurants, golf and shopping galore! "Mermaid's Cove" (Unit 202B) will not disappoint! The kitchen received a full renovation in 2016 and the vacationing guests have great things to say about the new look. The heat pump was replaced in 2021 and the water heater in 2023. This is an interior unit and well insulated by the adjoining units. The living area with wet bar is spacious and the ocean views are mesmerizing. From there you can stroll out to the well appointed balcony (covered deck) soak in some more memories, maybe you'll even see a mermaid! The primary suite is fabulous with an oceanfront sitting area and large bath with soaking/jet tub. The remaining two bedrooms and one and one-half bathrooms are located on the west side of the unit. Hurry you don't want to miss this opportunity! Call today to schedule an appointment to view this beauty. The Elevator Modernization Project is underway according to the property management firm (information updated October 23rd). Please ask your agent to see the Heron Cove HOA BOD Report. Special Assesment to be paid by seller.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vanessa Watson 252-202-8181,

    Coastal Carolina Vacations

    Bought with:

    Danielle Taylor, 273134

    Keller Williams - Outer Banks

    Source: OBAR,MLS#: 127499MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
    Features
    • Wet Bar
    • Flooring: Carpet, Tile, Vinyl
    • Furnished: Yes
    Interior area
    • Total structure area: 1,724
    • Total interior livable area: 1,724 sqft

    Property

    Parking
    • Parking features: Parking Lot, Off Street, Paved, Underground
    Features
    • Pool features: Association, In Ground, Outdoor Pool
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front, Beach Front, Waterfront
    Lot
    • Features: Beach Frontage, Waterfront
    Details
    • Zoning: CR

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium, Residential
    Materials
    • Block, Masonry, Stucco
    Condition
    • Year built: 1989

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Heron Cove
    HOA
    • Has HOA: Yes
    • Amenities included: Ocean Access, Pool
    • Services included: Maintenance Structure, Cable TV, Electricity, Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic, Water, Walkways
    Location
    • Region: Nags Head

    Financial & listing details

    • Price per square foot: $399/sqft
    • Annual tax amount: $4,447
    • Date on market: 11/15/2024
    • Cumulative days on market: 525 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/27/2026Sold$687,500-1.1%$399/sqft
    Source: OBAR #127499 Report a problem
    4/22/2026Contingent$695,000$403/sqft
    Source: OBAR #127499 Report a problem
    4/18/2026Price change$695,000-7.2%$403/sqft
    Source: OBAR #127499 Report a problem
    8/8/2025Price change$749,000-5.2%$434/sqft
    Source: OBAR #127499 Report a problem
    4/2/2025Price change$790,000-5.8%$458/sqft
    Source: OBAR #127499 Report a problem
    11/15/2024Listed for sale$839,000$487/sqft
    Source: OBAR #127499 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27959

    Nearby schools

    GreatSchools rating
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    $689,200
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    +$13,784
    With Zillow Showcase(estimated)
    $702,984