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$2,499,500
3303 S Virginia Dare Trail, Nags Head, NC 27959
8 Beds
9 Baths
3,862 SqFt

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11% RETURN CASH FLOW! *** 9 BEDROOM OCEANFRONT IN NAGS HEAD! ... THE LAZY LIZARD (ITS NEXT DOOR TO BIG DADDY'S MLS# 119170 ALSO FOR SALE ... Buy 2 High Income Producing Oceanfront Homes side by side) TROPICAL GORGEOUS LANDSCAPING * Original Plat shows Dimensions: 65 feet on Beach Road, north side 420 Feet and Oceanfront at 64 Feet and south side at 420 Feet ... 64 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head! *** Located Milepost 11.5 approx. on the Beach Road - Lush Landscaping w/ Volleyball Court & the Look & Feel of the Islands! * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually 9 Bedrooms w/ 6 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 6 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 - The Lazy Lizard has been Professionally Designed and Decorated in a Luxurious Spanish Villa Theme w/ Hand-Painted Murals and bright, airy colors which will remind you that you've escaped the stresses of everyday life ... it Feels like where the Desert meets the Atlantic Ocean! * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * Fabulous Ocean Views! * Guest Powder Room * North side Main En suite Bedroom w/ Expansive All Tile Bath w/ 2 Person Jet Tub & 2 Person Glass Enclosure Shower * Oceanfront 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, Big Kitchen, Pool Table, Double Sliders out to Pool Deck w/ that TIKI Bar Feel, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar overhead design, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and an Outdoor 1/2 Bathroom *** Home Rents w Pets *** Head out past the pool to the Dune to 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 - CHECK OUT THE SPACE STATION AS IT ORBITS BY! *** 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! *** The Lazy Lizard is offered Fully Furnished (excludes owner locked closet items, rugs and any artificial plants) *** The Lazy Lizard is (and has been) a Fabulous Rental Income Producing Investment ... See Rental Company Beach Realty K1205 Lazy Lizard's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/lazy-lizard *** Per Seller: Newer Smart Siding - Exterior looks to be in great shape! *** 2021 Owner Rents totaled $299,085 - an 11% Return! ... 2022 already at $269,834 as of 9-1-22 * NOTE: Owner (Seller) is projecting 2022 Owners rents to reach OVER $300K *** This is a Beautiful Home and ... the Rents Look Good Too! ... Come see!
  • Price:
  • $2,499,500
  • Bedrooms:
  • 8
  • Full Baths:
  • 7
  • Half Baths:
  • 2
  • Square Footage:
  • 3,862
  • Acreage:
  • 0.62
  • Year Built:
  • 1998
  • Listing ID #:
  • 119692
  • Street Address:
  • 3303 S Virginia Dare Trail
  • City:
  • Nags Head
  • State:
  • North Carolina
  • Postal Code:
  • 27959
  • County:
  • Dare
  • Community:
  • Nags Head Oceanside
  • Subdivision:
  • Southwinds
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family - Detached
  • Construction Description:
  • Frame, Wood
  • Exterior Features:
  • Composite Siding
  • Flooring:
  • Carpet, Tile
  • Foundation:
  • Piling, Slab
  • Interior Features:
  • All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Pantry, Washer Connection, Wet Bar
  • Style:
  • Contemporary, Reverse Floor Plan, Coastal, Cottage
  • Total Building Square Footage:
  • 3862
  • Type Of Roof:
  • Asphalt/Fiber Shingle
  • View:
  • Ocean
  • Year Built:
  • 1998
  • Estimated Potential Income:
  • 300000
  • Conforms To Zoning:
  • R
  • Federal Flood Zone:
  • Ve, X
  • Lot Description:
  • Beach Frontage, Level
  • Lot Square Footage:
  • 27000
  • Road Type:
  • Paved, Public
  • Days On Market:
  • 81
  • 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:
  • $11,625
  • Tax Year:
  • 2021
  • Garage Type:
  • 2 Car, Attached, Carport
  • Parking Description:
  • Off Street, Paved
  • Pool:
  • Yes
  • Pool Description:
  • Custom, Heated, In Ground, Outdoor, Private Pool, Vinyl
  • Pool Type:
  • Private
  • Appliances:
  • Dishwasher, Dryer, Microwave, 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:
  • 64
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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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