3301 S Virginia Dare Trail, Nags Head, NC 27959

$2,599,500
8
BD
9
BA
3,862
SqFt
List Price
$2,599,500
Price Change
▼ $50,000 1662680252
MLS#
119170
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
8
Bathrooms
9
Full-baths
7
Half-baths
2
Living Area
3,862
Neighborhood
Southwinds

Property Description

11% RETURN CASH FLOW! *** "9" BEDROOM OCEANFRONT IN NAGS HEAD! ... Big Daddy's has a Great Name ... but this Home lives up to the name & then some! * TROPICAL GORGEOUS LANDSCAPING * Prior survey shows Land Dimensions: 65 feet on Beach Road, north side 394 Feet and Oceanfront at 66 Feet and south side at 382 Feet ... 66 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head!) *** Likely Room to add a Cabana *** Located Milepost 11.5 approx. on the Beach Road - this home will catch your eye driving by with its Lush Landscaping w/ Volley Ball Court & the that Island Look that will draw you in * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually "9" Bedrooms w/ 7 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 7 Full Baths and 2 Half Baths (Primary Powder Room just off the Great Room for guests and the other is a 1/2 bath is an outdoor Bathroom across from the 2 Outdoor Showers - perfect for the Kiddies while swimming in the Pool! *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Painted Ceiling Mural * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have Fabulous Ocean Views! Guest Powder Room * North side Main En suite Bedroom w/ double Pocket Doors to spacious Bath with Soaking Jet Tub & separate enclosed Tile Shower * Expansive rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180- degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features 5 En suite Bedrooms w Full Baths, 1 bunk room and Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 - The glass in the front door is being replaced soon June 2022 * Level 1 Features a Huge Open Great Room with tile floor, Big Kitchen, Pool Table, Sliders out to Tiki Bar & Pool, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and the Outdoor 1/2 Bathroom *** Home Rents w Pets - there is a dedicated pet area on the north side of the Pool w/ green grass and a pen on the south side *** You will want to head out past the pool to the Dune Pool gate - Check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - the Big Dipper in all its glory was overhead last night! *** Located just south of Tortuga's Lie, Bonnet Street Park, Lucky 12 Tavern across the street and down the road a few hundred feet, just north of the Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Big Daddy's is offered fully furnished with no exclusions other than that which is located in owner locked storage closets *** Big Daddy's is (and has been) a Fabulous Rental Income Producing Investment *** See Rental Company Beach Realty K1204 Big Daddy's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/big-daddys *** Per Seller: New Roof, HVAC 7 years old, Water Heater 5 years old *** 2021 Owner Rents totaled $299,297 - an 11% Return! Rents for 2022 already at $297,713 as of 9-1-22 * NOTE: Owner (Seller) is projecting 2022 Owners rents to reach $315,000 *** This is Oceanfront at its best ... Come see!

Additional Information

Air Conditioning
Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, Stackable Washer/Dryer
Construction
Frame, Wood
Countertops
Laminate
Siding
Shakes, Sheet Siding, Wood
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
Floor Coverings
Carpet, Tile
Foundation
Piling, Slab
Garage
Attached, 2 Car, Carport
Heating
Electric, Heat Pump, Zoned
Interior Features
Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
Lot Description
Beach Frontage, Level, Water Frontage
Optional Rooms
Game Room, Pantry
Parking
Paved, Off Street
Pool
Yes
Possession
At Closing, Subject to Tenancy
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Contemporary, Reverse Floor Plan, Coastal, Cottage
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Southwinds
Lot Dimension
65 x 394 x 382 x 420
Year Built
1988
Directions
Milepost 11.5 on the Beach Road - just a few lots north of and across the street from Lucky 12 Tavern
County
Dare
Annual Rental Income
300000
Rental Co
Beach Realty & Construction
Rental Cottage #
K1204
Rental Cottage Name
Big Daddy's
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
300000
Rental Performance
0.1154

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Listing courtesy of Coldwell Banker Seaside Realty Kh.

Listed by John Leatherwood

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