$12,000,000

118 N Baum Trail Unit Lot 2 Duck, NC 27949

Estimated payment $69,258/month

Total Views 45,108
12 Beds
15 Baths
9,651 Sq Ft
$1,243 Price per Sq Ft

Highlights

  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling
  • Concrete Pool
  • Contemporary Architecture
  • Wood Flooring

About This Home

Nestled in Duck, NC within the secluded community of Palmer’s Island on North Carolina's Outer Banks stands Palmer’s Panorama, an architectural masterpiece that redefines coastal luxury living. Honored with the esteemed 2018 OBX Parade of Homes Judges Award of Excellence and the People’s Choice accolades, this sprawling estate spans nearly 10,000 square feet across an expansive oceanfront acre. Please enjoy this splendid VIDEO by pasting the link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo

Crafted by Mancuso Construction in 2018, Palmer’s Panorama stands as a pioneering masterpiece in architectural design, offering breathtaking panoramic vistas of both the ocean and sound from every level. This opulent estate boasts 12 luxurious ensuite bedrooms, most with dedicated decks, and three exquisitely designed living areas. Outdoor entertainment features include a 24’ x 50’ heated pool with a 15'x15' tanning ledge, cabana, showers, and bathroom, along with two inviting hot tubs. The pool has a new 250,000 BTU LP gas heater that makes chilly water warm up fast! A covered recreation area provides amenities like mini-golf, basketball, ping-pong, shuffleboard, and a host of games and toys for children and adults alike. (See the associated documents.)

Notwithstanding its luxurious amenities, the remarkable location of Palmer’s Panorama makes it truly extraordinary. The setting within Palmer’s Island offers thrilling sunrises over the ocean and magnificent sunsets across the Currituck Sound in the midst of unparalleled natural beauty. A private boat dock and ramp on the Currituck Sound offers private access to boating, kayaking and fishing. Nearby, the Sanderling Racquet & Swim Club, Pine Island Racquet Club, Sanderling Resort, and Currituck Club Golf Course offer indoor tennis, Spa, indoor pool and fitness clubs, exclusive restaurants, and premier golf respectively. Relish a sunset stroll along the sound to the area’s only 4 Diamond-rated restaurant, Kimball’s Kitchen, to enjoy exquisite culinary experiences on the soundfront within the Sanderling Resort.

Moreover, the property's proximity to the DONAL C. O'BRIEN, Jr. AUDUBON SANCTUARY in Corolla is a highlight of its unique location. Just steps away from this lavish retreat lies this pristine expanse, preserving 2,600 ACRES of protected marsh, upland maritime forest, and sandy beaches. The Sanctuary provides respite for migratory birds and wildlife, away from human disturbance. Visitors can revel in the untouched beauty of the Sanctuary through kayak tours, public programs, and nature trails, offering a serene and captivating experience adjacent to the luxurious realm of Palmer's Panorama.

In addition to its natural splendor, Palmer’s Panorama presents an extraordinary investment opportunity as a vacation rental property. Its proximity to major urban hubs like Northern Virginia (NVA), Washington D.C., Philadelphia, and even Manhattan makes it an ideal getaway for urban dwellers seeking fresh ocean breezes by the coast. With its luxurious amenities, pristine surroundings, and convenient location, it has proven potential to generate substantial ANNUAL RENTAL INCOME approaching $750,000. For a comprehensive understanding of Palmer's Panorama's investment potential and a detailed breakdown of its rental income history and projections, we highly recommend reviewing the associated documents outlining the property's earnings. These documents contain valuable insights into the substantial revenue-generating capability of this remarkable estate.


Palmer’s Panorama offers not only an exceptional estate but a gateway to both an unforgettable coastal experience and a profitable investment opportunity, combining luxury living, breathtaking natural surroundings, and promising rental potential. Please enjoy this splendid VIDEO by pasting the YouTube link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo

Listing Agent

Ray Meiggs

Twiddy and Co. - Duck Brokerage Phone: 252-333-5310 License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,914

Year Built

  • Built in 2018

Lot Details

  • 1.01 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Property is zoned RS-2 SFRD

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 9,651 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Freezer
  • Second Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Septic Tank

Community Details

  • Built by Mancuso Development
  • Palmer's Island Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,914

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: North on NC12 from Duck; Right on Baum Trail; Left on N. Baum Trail; Second home on the right.
  • Headline: Luxury Palmer's Island Estate
  • Phase: 2
  • Zoning: RS-2 SFRD
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved, Private
  • View Type:Pond View: Ocean, Sound
  • Attribution Contact: C: 252-333-5310
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: Palmer's Island
  • Architectural Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Interior Amenities: Cathedral Ceiling(s), Pantry, Wet Bar
  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Flooring: Carpet, Tile, Wood

Exterior Features

  • Pool: Yes
  • Roof: Wood
  • Pool Features: Concrete, In Ground, Private
  • Waterfront Features: Ocean Front
  • Builder Name: Mancuso Development
  • Construction Type: Frame
  • Foundation Details: Piling
  • Exterior: Shakes

Garage/Parking

  • Parking Features: Off Street, Paved, Underground, Unpaved

Utilities

  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Non Conventional Septic, Septic Tank
  • Water Source: Municipal

Lot Info

  • Lot Size: 44,165 sf (see survey)
  • Lot Size Sq Ft: 44155.0

Building Info

  • Year Built: 2018

Tax Info

  • Year: 2023
  • Tax Annual Amount: 28913.81

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $12,000,000 0.0% $1,243 / Sq Ft
04/07/2025 04/07/25 Off Market $12,000,000 -- --
03/12/2025 03/12/25 For Sale $12,000,000 0.0% $1,243 / Sq Ft
03/08/2025 03/08/25 Off Market $12,000,000 -- --
12/28/2023 12/28/23 For Sale $12,000,000 -- $1,243 / Sq Ft
Source: Outer Banks Association of REALTORS®

Source: Outer Banks Association of REALTORS®

MLS Number: 124212

Outer Banks Association of REALTORS®