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!
Sold for $1,900,000 on 01/17/25
$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
7,405.2 Square Feet Lot
$1,894,900 Zestimate®
$470/sqft
$4,555 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 21, 2025 at 09:38am
Listed by:
May A Oo-Muuse 804-661-5752,
Coldwell Banker Seaside Realty KH
Bought with:
**None
Source: OBAR,MLS#: 126779
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 sqft
- 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 & neighborhood
Location
- Region: Nags Head
- Subdivision: Vil-NH Elliott Estates
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
- Ownership: Owned More than 12 Months
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,894,900
2% more+$37,898
With Zillow Showcase(estimated)$1,932,798