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$2,675,000
3501 S Virginia Dare Trail, Nags Head, NC 27959
8 Beds
8 Baths
4,104 SqFt

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INCREDIBLE $309,847 RENTS YTD 2022 ... This is a 12% RETURN!!! *** EXCELLENT CASH FLOW! *** SWIM UP TIKI BAR & AWESOME HEATED POOL * ELEVATOR * JOSHUA'S TIKI HUT IS AN 8 BEDROOM OCEANFRONT IN NAGS HEAD W/ TROPICAL GORGEOUS LANDSCAPING * Tax Plat shows Land Dimensions: 50 feet by 410 feet *** Located Milepost 11.8 approx. on the Beach Road *** Lush Island Landscaping w/ Volley Ball Court * Big Driveway for plenty of Guest and Family Parking *** MULTIPLE En Suite Master BR's w/ Full Baths (6 Full Baths and 2 Half Baths) * Primary Powder Room just off the Great Room for guests *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Tile Flooring w/ Custom Interior Finishes and Furnishings * Cozy Kitchen w Double Refrigerators * High Ceilings, Tahiti Ceiling Fans, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have a Fabulous Ocean View! * Check out the Porch just past the Power Room - Great Space for Privacy * North side Main En suite Bedroom w/ 2nd FIREPLACE w/ spacious Full Bath & Private Oceanfront Sundeck * 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 Multiple En suite Master Bedrooms w Full Baths & Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 * Level 1 Features a Huge Open Great Room with tile floor, Kitchenette, Pool Table, Theater Room w/ Bar Seating! Sliders out to FABULOUS TIKI BAR (DOUBLE LAUNDRY LOCATIONS) *** Custome 2 Level Hot Tub/ Concrete Heated Pool w/ Tile Coping w/ SWIM UP to HUGE TIKI BAR * HUGE HOT TUB ON ROOF OVEER TIKI BAR AND ACCESSIBLE FROM MID-LEVEL DECK/BEDROOMS - PRIVATE & YET OPEN *** Home Rents w Pets - there is a dedicated pet area on the east side of the Pool w/ green grass *** You will want to head out past the pool gate to the Dune - 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 Constellations & The Milkey Way will WOW you as will the SUNRISES OVER THE OCEAN ... a great place to have your morning Coffee! *** Just South of 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! *** Joshua's Tiki Hut is offered fully furnished (with only exclusions of owner locked closet items, artificial plants and throw rugs) *** JOSHUA'S TIKI HUT is (and has been) a STRONG RENTAL INCOME PRODUCING INVESTMENT ... See Rental Company Beach Realty K1213 Joshua's Tiki Hut Photos & Description at rental Website Link: https://www.beachrealtync.com/outer-banks-rentals/joshuas-tiki-hut *** 2021 Owner Rents totaled $286,926 *** 2022 Rents are $309,847 ... A 12% RETURN! *** 2023 is Booking now! *** Owner projecting 2023 rents will be stronger in 2023 *** You will Love this Oceanfront Home ... Come see!
  • Price:
  • $2,675,000
  • Bedrooms:
  • 8
  • Full Baths:
  • 6
  • Half Baths:
  • 2
  • Square Footage:
  • 4,104
  • Acreage:
  • 0.46
  • Year Built:
  • 2003
  • Listing ID #:
  • 119688
  • Street Address:
  • 3501 S Virginia Dare Trail
  • City:
  • Nags Head
  • State:
  • North Carolina
  • Postal Code:
  • 27959
  • County:
  • Dare
  • Community:
  • Nags Head Oceanside
  • Subdivision:
  • Geo T Stronach
  • Listing Status:
  • Under Contract
  • Listing Type:
  • Single Family - Detached
  • Construction Description:
  • Frame, Wood
  • Exterior Features:
  • Shakes, Vinyl
  • Flooring:
  • Carpet, Tile
  • Foundation:
  • Piling, Slab
  • Interior Features:
  • All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Style:
  • Contemporary, Reverse Floor Plan, Coastal, Cottage
  • Total Building Square Footage:
  • 4104
  • Type Of Roof:
  • Asphalt/Fiber Shingle
  • View:
  • Ocean
  • Year Built:
  • 2003
  • Estimated Potential Income:
  • 299470
  • Conforms To Zoning:
  • Cr
  • Federal Flood Zone:
  • Ve, X
  • Lot Description:
  • Beach Frontage, Level, Water Frontage
  • Lot Square Footage:
  • 20000
  • Road Type:
  • Paved, Public
  • Days On Market:
  • 200
  • Financing Options:
  • Cash, Conventional, Jumbo Loan
  • For Sale Or Lease?:
  • For Sale
  • Lease Terms:
  • Weekly
  • Hoa Y/N:
  • No - Restrictive Covenants May Apply
  • Ownership:
  • Owned More Than 12 Months
  • Property Taxes:
  • $12,066
  • Tax Year:
  • 2021
  • Dining Room Dimensions:
  • Great Rm
  • Dining Room Level:
  • 3
  • Family Room Dimensions:
  • Game Rm
  • Family Room Level:
  • 1
  • Kitchen Dimensions:
  • Open
  • Kitchen Level:
  • 3
  • Living Room Dimensions:
  • Awesome
  • Living Room Level:
  • 3
  • Garage Type:
  • 1 Car, Attached, Carport
  • Parking Description:
  • Off Street, Paved, Under
  • Pool:
  • Yes
  • Pool Description:
  • Outdoor, In Ground, Concrete, Heated, Private Pool
  • Pool Type:
  • Private
  • Appliances:
  • Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator W/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Cooling System:
  • Heat Pump, Zoned
  • Existing Water:
  • Municipal
  • Heating:
  • Electric, Heat Pump, Zoned
  • Sewage Type:
  • Private Septic
  • Waterfront Description:
  • Oceanfront
  • Waterfront Footage:
  • 50
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By John Leatherwood of Coldwell Banker Seaside Realty Kh
  • OUTERBANKS

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