8721 S Old Oregon Inlet Road, Nags Head, NC 27959

$2,199,000
8
BD
6
BA
3,898
SqFt
List Price
$2,199,000
Price Change
▼ $100,000 1684441651
MLS#
122064
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
8
Bathrooms
6
Full-baths
5
Half-baths
1
Living Area
3,898
Neighborhood
Hollywood Beach

Property Description

Welcome to your dreamy, not only updated, but upgraded oceanfront home in the heart of Nags Head! This stunning 8-bedroom, 5.5-bathroom coastal gem has everything you and your guests need, and want, for the perfect memorable vacation. Major repairs have already been skillfully completed making it essentially turn-key and more than ready to enjoy! With an impressive $203,668 in rental income in 2022, you simply can't go wrong! Step inside and be captivated by unobstructed ocean views through the brand new windows. The top-level living room features new furniture, providing a comfortable and luxurious place to relax. The kitchen shines with granite countertops and stainless appliances, and there is ample dining and lounging space, including a breakfast nook with an extra refrigerator, a formal dining area and bar seating. The mid-level deck, with a hot tub overlooking the pool and vegetated protective dune, is the perfect place to unwind after a day of exploring. Bedrooms are spacious and the layout is perfectly crafted for the ultimate vacation. Lower level features fully equipped game room with wet bar, lounging furniture and easy access to outdoor entertaining areas. The pool area offers just installed Trex decking system as well as a new pool fence and gate, comfortable seating throughout and a pool heater installed for year-round swimming. Other recent updates include a new mid-level air handler system for improved climate control, and the septic tank has been raised and pumped in 2023, ensuring a hassle-free vacation experience. Not only is this luxurious oceanfront vacation home fully updated and rental-ready, but it's also conveniently located near some of the best attractions in Nags Head. You'll be just a stone's throw from the famous Fish Heads Pier, where you can enjoy fishing, drinks and more stunning ocean views. Plus, with easy access to nearby restaurants and shops, including the Outer Banks Mall, you'll never run out of things to do during your stay. Whether you're looking to relax and unwind or explore all that Nags Head has to offer, this vacation home is the perfect base for your next coastal getaway. Don't miss it! With all these updates and upgrades completed, this property is fully rental-ready and perfect for your next vacation. Don't miss out on the chance to experience luxury living in one of the most sought-after locations on the coast!

Additional Information

Air Conditioning
Central, Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Stackable Washer/Dryer
Construction
Frame, Wood
Countertops
Granite
Siding
Shakes, Vinyl
Extras
Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
Floor Coverings
Ceramic Tile, Wood Laminate, Luxury Vinyl Plank
Foundation
Piling
Garage
Carport
Heating
Central, Forced Air, Heat Pump, Zoned
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
Lot Description
Beach Frontage
Optional Rooms
Game Room
Parking
Paved, Off Street, Under
Pool
Yes
Possession
At Closing
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Units
1
Zip
27959
Neighborhood
Hollywood Beach
Year Built
1998
County
Dare
Annual Rental Income
255000
Rental Co
Shoreline Obx
Rental Cottage #
SNH-5
Rental Cottage Name
Preeti Vacations
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
255000
Rental Performance
0.116
Yearly Expense Act/Est
Actual
Yr Electric Expense
4298
Yr Water Expense
1620
Yr Cable TV Expense
3032
Insurance Expenses
$1,189
Flood Expenses
822
Pool/Spa Expense
5000

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams - Outer Banks.

Listed by Becky Reed

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