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5010 S Virginia Dare Trail , Lot 4-2

Nags Head, NC 27959
  • $1,550,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 117165
UPDATED: 66 min ago
$1,550,000
  • 8
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
  • 4,138
    SQFT
  • $375
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Ratings & Info

Description

"The Capes" have been well known among Nags Head Vacationers for many years. They are known for providing amazing hospitality and accommodations for wedding parties or family reunions. These four (4) similar homes are meticulously maintained and do not show the typical wear of other rentals with similar rental numbers. The current owners close/block the homes after Thanksgiving to begin working on them and preparing for the next season. These homes have great ROI and are turnkey. They have been set up to optimize return. Cape May is the perfect combination of the Old Nags Head rustic feel and modern coastal luxury. Cape May boasts eight (8) bedrooms and seven (7) full bathrooms along with two (2) 1/2 baths. The bedroom on the lowest level is handicap friendly and all rooms are wheel chair accessible. The top level & ships watch showcase theOuterBanks main attraction - the ocean. Under 200 yards ! Great views can be had from the rooms facing the ocean. The open living space flows into the kitchen making it perfect for entertaining and including everyone in the fun. Sporting lots of decks and seating, taking your plate outdoors to enjoy the views may be a popular idea! The game/rec room is perfectly proportioned to the size of the home. It is large and spacious with a pool table, foosball and air hockey. This space makes for an incredible game night in with activities for everyone. There is additional seating (a table with chairs & bar stools), mini fridge and wet bar. Exiting the Rec room and leading out to the pool & hot tub area you will find a private oasis. The area around the pool is spacious with lots of pool loungers and space for outdoor entertaining. When it is sun & sand that you are craving, the beach access is under 200 yards away! Cape May has a great rental history with potential for more. Adding pool heat for offseason rentals is another opportunity for higher rental numbers and an additional income stream.

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© 2022 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 Keller Williams Realty OBX. Data last updated: 2022-01-23T17:37:34.923.
www.mattmyatt.com/homes/124379472
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5010 S Virginia Dare Trail , Lot 4-2 Nags Head, NC 27959

  • Price: $1,550,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 66 min ago
  • MLS #: 117165
8
Beds
7
Baths
2
½ Baths
N/A
Acres
4,138
SQFT
$375
$/SQFT
2005
Built
Neighborhood:
Vil-Nh Elliott Estates
County:
Dare
Area:
Nags Head between hwys
Property Description
"The Capes" have been well known among Nags Head Vacationers for many years. They are known for providing amazing hospitality and accommodations for wedding parties or family reunions. These four (4) similar homes are meticulously maintained and do not show the typical wear of other rentals with similar rental numbers. The current owners close/block the homes after Thanksgiving to begin working on them and preparing for the next season. These homes have great ROI and are turnkey. They have been set up to optimize return. Cape May is the perfect combination of the Old Nags Head rustic feel and modern coastal luxury. Cape May boasts eight (8) bedrooms and seven (7) full bathrooms along with two (2) 1/2 baths. The bedroom on the lowest level is handicap friendly and all rooms are wheel chair accessible. The top level & ships watch showcase theOuterBanks main attraction - the ocean. Under 200 yards ! Great views can be had from the rooms facing the ocean. The open living space flows into the kitchen making it perfect for entertaining and including everyone in the fun. Sporting lots of decks and seating, taking your plate outdoors to enjoy the views may be a popular idea! The game/rec room is perfectly proportioned to the size of the home. It is large and spacious with a pool table, foosball and air hockey. This space makes for an incredible game night in with activities for everyone. There is additional seating (a table with chairs & bar stools), mini fridge and wet bar. Exiting the Rec room and leading out to the pool & hot tub area you will find a private oasis. The area around the pool is spacious with lots of pool loungers and space for outdoor entertaining. When it is sun & sand that you are craving, the beach access is under 200 yards away! Cape May has a great rental history with potential for more. Adding pool heat for offseason rentals is another opportunity for higher rental numbers and an additional income stream.
Exterior Features

Exterior ShakesWood Extras Elevator Garage None Pool In GroundIndoorPrivate Pool Pool YN Yes Style CoastalContemporaryTraditional View Description Ocean Waterfront Location Semi-Oceanfront (2Nd Row)

Interior Features

Air Conditioning Central Appliances 2nd Dishwasher2Nd RefrigeratorDishwasherDryerIce MachineMicrowaveRange/OvenRefrigeratorStackable Washer/DryerWasher Floor Coverings CarpetTileWood Laminate Furnishings Available YN Yes Heating ElectricForced Air Interior Features Gas Fireplace Optional Rooms Shipswatch

Property Features

Association Fee YN Yes Bank Owned YN No Estimated Annual Fee 400 Lease Terms Weekly Potential Short Sale No Primary Residence YN No Rental Cottage Name Cape May Residential Type Single Family - Detached Sewer Septic Community Septic Tax Year 2021 Taxes 6415.6 Water Municipal Zoning Res

Listing courtesy of Brook Sparks of Coldwell Banker Seaside Realty Kh.


© 2022 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 Keller Williams Realty OBX. Data last updated: 2022-01-23T17:37:34.923.
 
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Keller Williams Realty OBX
5595 N. Croatan Highway
Southern Shores NC, 27949