2601 S Virginia Dare Trail Unit Lot 12 Nags Head, NC 27959
Estimated payment $22,474/month
Total Views
41,952
12
Beds
12.5
Baths
6,108
Sq Ft
$621
Price per Sq Ft
Highlights
- Ocean Front
- Second Refrigerator
- Cathedral Ceiling
- In Ground Pool
- Coastal Architecture
- Wood Flooring
About This Home
This investment property brings great returns year after year.The stunningly beautiful oceanfront home boasts 12 bedrooms and 12.5 bathrooms with a grand top-floor living area that reveals the beach and ocean views from every angle. The large windows allow one to feel as though they are on the beach while sitting at the dining table. Location of this property cannot be beat, right on the ocean, next to a beach access, and within walking distance of grocery stores, restaurants and the business district of Nags Head.The entry level of the home is located on the mid level where you will find 6 large bedrooms with ensuite bathrooms, game room with pool table & wet bar, storage closets, & access to the pool. The ground level has an entry door from the parking lot that is handicap accessible, 4 bedrooms, 3 with ensuite bathrooms, 1 shared full bathroom, 2 owners closets, large laundry room with double washers & dryers, second large game room with wet bar & appliances, & the hot tub is out back as well as pool access. The top level is a showstopper with panoramic ocean views from every seat, hardwood & tile floors, large gourmet kitchen with top of the line appliances, a breakfast nook with front porch access, open concept great room, shipswatch where you can catch up on a good book or enjoy morning coffee, gas fireplace, wine fridge, wet bar, 2 master bedrooms with ensuite bathrooms, 1 bedroom has a handicap accessible shower & Jacuzzi Tub, & balcony access. The large oceanfront decks allow you to enjoy the ocean views day & night. The dune deck puts you at the top of the dune enjoying the ocean breeze & salt air. This home is spacious, with an amazing layout that allows for large gatherings with family yet does not feel cramped. TheTwo game/social areas in the home make it the perfect playground for multi-families to burn off energy after a long day at the beach and enjoying dinner at one of the walking distance local restaurants. This home has been designed and decorated to minimize maintenance and maximize rental potential. Great returns year after year make this property a great investment opportunity.Visit Village Realty Rental "The Sun" for summer pictures of the pool etcCurrent Renovations in progress 2025 Back Decks with Trex, Flooring, Windows, Sliding Glass Doors
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,279
Year Built
- Built in 2002
Lot Details
- 0.37 Acre Lot
- Ocean Front
- Property is zoned CR
Parking
- Off-Street Parking
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Wood Siding
- Piling Construction
Interior Spaces
- 6,108 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
Community Details
- Nags Head Shores Subdivision
Listing and Financial Details
- Tax Block 2
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,279 | $1,963,800 | $696,800 | $1,267,000 |
| 2023 | $15,279 | $2,014,480 | $696,800 | $1,317,680 |
| 2022 | $8,068 | $2,014,480 | $696,800 | $1,317,680 |
| 2021 | $13,960 | $2,014,480 | $696,800 | $1,317,680 |
| 2020 | $8,068 | $2,014,480 | $696,800 | $1,317,680 |
| 2019 | $9,699 | $1,994,400 | $609,400 | $1,385,000 |
| 2018 | $9,699 | $1,994,400 | $609,400 | $1,385,000 |
| 2017 | $9,699 | $1,994,400 | $609,400 | $1,385,000 |
| 2016 | $8,898 | $1,999,800 | $609,400 | $1,390,400 |
| 2014 | $8,898 | $1,999,800 | $609,400 | $1,390,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Price Changed | $3,795,000 | -7.4% | $621 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $4,099,000 | 0.0% | $671 / Sq Ft |
| 07/19/2024 07/19/24 | Off Market | $4,099,000 | -- | -- |
| 01/21/2024 01/21/24 | For Sale | $4,099,000 | -- | $671 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $18,600,000 | Casey & Robbins Pc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,265,000 | New Conventional | |
| Previous Owner | $1,200,000 | Purchase Money Mortgage |
Source: Public Records
Similar Home in Nags Head, NC
Source: Outer Banks Association of REALTORS®
MLS Number: 124419
APN: 005422002
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