Blue Horizon Realty
InvestInOBX

2233 S VIRGINIA DARE TRAIL
NAGS HEAD, NC 27959

$1,795,000
2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959
Bedrooms: 8
Bathrooms: 7 full | 1 partial
Listing # 101573
Positive annual estimated cash flow of +$13k at a full sales price using actual expenses. $169,597 in OWNERS RENT in 2018, with one in season owner week included!! And, with a high quality, good condition, safe Oceanfront home.....Seeking a high end, great condition, & well cared for Oceanfront home, with the safest and most stable dune around, with a wide quiet beach and great rental numbers...?... well this "Carolina Dream" home is it! High quality, upscale, Custom Oceanfront Vacation home, in super condition, positioned on a large, deep, well landscaped lot, along one of the nicest and most stable beaches & dune lines on the Outer Banks. Approx $170,000 in annual owners rents for this 8 bedroom, elevator, custom pool and rec room home! ($180,845 advertised rent, $161,948 owners rent with one June owners week used, would be $169,597 owners rent with week added in). Purchase with 'money on the books!', as $140,563 in already booked for 2019 as of 11-6 -18. Open home design offers dramatic Ocean Views thru the 32' of East facing glass and from the extensive decking. Floorplan provides large living areas, high end gourmet kitchen w/ granite counters, mid level sitting area / office, rec room, loft, breakfast nook, many areas to spread out. This well thought out home offers everything renters desire, including custom gunite heated pool with waterfall, with kiddie pool, built-in hot tub, flagstone deck, ELEVATOR, multiple master bedrooms, 2 wet bars, large dune top deck, walking distance to shops/restaurants, attractive mature landscaping and the best beach around. Upscale kitchen with quality cabinets, granite counter tops, backsplash tile, under cabinet lighting, stainless steel appliances (2 dishwashers, oversized Sub-Zero fridge, 2 wall ovens, warming oven, microwave, ice maker). Each bathroom is a showplace, all with granite or silestone vanity tops, no builders grade here, all baths tile or marble, upgraded Kohler plumbing fixtures, full height beveled mirrors, only high end cabinetry, (4)custom tile showers including a handicap friendly room & bath. Professionally decorated and accessorized, with all the electronics you should expect in a luxury home. Very well maintained by conscientious quality minded owners, with new, low maintenance Luxury Vinyl Tile flooring in hallways and common areas. The quality of the dune and this accreting beach can't be overstated, and provides the protection desired on the Oceanfront. Never any storm damage, not even a dune step damaged! Quality built with solid pine interior doors, cedar lined closets, marble foyer compass rose, hardiplank siding, vinyl railings, automatic storm shutters on great room slider, beautiful kitchen and baths. Sodded, irrigated, attractive landscaped grounds, and deep vegetated dune provide a clean and stable property. Use Nags Head's detached bike bath to walk to Red Drum, Surfing Spoon, Grocery and others. High, consistent rental income, with +$170,000 for 2018, and increasing in years to come. Rental Ration over 9.5%, while providing a high quality, super condition home, on safe, secure homesite. No need for beach nourishment here, so no extra tax expense for this property! This home will be a pleasure to show and own!

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PROPERTY INFORMATION FOR 2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959

Location Information
County: Dare   MLS Area: Nags Head Oceanside  
Subdivision: Nags Head Shore   Directions: Oceanfront by Gallery Row, Just North of Driftwood  

Interior Features
Interior: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Master Bath, Wet Bar   Heating: Central, Heat Pump  
Cooling: Central, Heat Pump   Floors: Carpet, Ceramic Tile, Wood Laminate, Marble, Vinyl Tile  
Appliances: Compactor, Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator   Furnishing Available: Yes  

Exterior Features
Style: Reverse Floor Plan, Coastal   Construction: Frame, Wood  
Exterior: Cement Fiber Board   Foundation: Piling, Slab  
Roof: Asphalt/Fiber Shingle   Septic or Sewer: Private Septic  
Water Access: Municipal   Parking Description: Off Street, Under  
Has a Pool: Yes   Pool Description: Outdoor, In Ground, Gunite, Concrete, Custom, Heated, Private Pool  
Lot Faces: E   Lot Description: Beach Frontage, Water Frontage  
Lot Size in Acres: 0.51   Lot Size in Sq. Ft.: 22215  
Dimensions: 50 x 483   Road Description: Paved, Public  
Street Frontage: 50   Water Frontage: 50  
Waterfront Description: Oceanfront   Has Ocean View: Yes  
View Description: Ocean    

Additional Information
Ownership: Owned More than 12 Months   Is Primary Residence: No  
Expenses: Insurance: 1140, Flood: 738   Bill of Sale: Bill of Sale In: Yes  
Income: Annual Rental Income: 170808   Property Type: SFR  
Property SubType: Single Family - Detached   Year Built: 2002  
Status: Active   Is an REO: No  
Is Short Sale: No   Original Price: $1795000  
HOA Fee: $0.00   HOA Fee: No  
Tax Year: 2018   Tax Amount: $10, 002.75  
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Storm Doors, Sun Deck, Water Softener, Dry Entry, Inside Laundry Room   Garage Description: Carport  

MAP FOR 2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959
MORTGAGE CALCULATOR FOR 2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959
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SCHOOL INFORMATION FOR 2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959
WALK SCORE FOR 2233 S VIRGINIA DARE TRAIL, NAGS HEAD, NC 27959


Seller's Representative: Mark Massey, Resort Realty - KH

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