7245 S Old Oregon Inlet Rd Unit Lot 3 Nags Head, NC 27959
Estimated payment $16,420/month
Total Views
8,118
8
Beds
9.5
Baths
5,210
Sq Ft
$537
Price per Sq Ft
Highlights
- Beach Front
- Home Theater
- 0.44 Acre Lot
- Ocean View
- Heated In Ground Pool
- 4-minute walk to Whalebone Park
About This Home
'The Gem' - This 8 BR Nags Head Oceanfront is more than a beach house - it’s a money-maker with unbeatable views and a coveted location, just 3 lots South of Jennette's Pier. Picture yourself here, just far enough away from the crowds to feel peaceful, but also just steps away from Jennette’s Pier where you can spend the day pier fishing, check out the on-site aquarium and gift shop, or surf what is known to be one of the best surf breaks on the Outer Banks. Nothing beats a front-row ocean view and a prime location! Built to host large groups and maximize returns, this fully furnished home is completely turn key and combines comfort, space, and function - keeping guests coming back year after year. The top level boasts endless Ocean Vistas from the open plan Living, Dining, Ship's Watch, and Kitchen areas. Details like CATHEDRAL CEILINGS, a GAS FIREPLACE, GRANITE counters, and a SOUND VIEW 2nd Dining nook make this home a standout! There is plenty of room to spread out among the 8 bedrooms all with private en suite baths (7 KING BR SUITES!), and you will love the CHIC COASTAL DECOR and unique LOCAL ART throughout that epitomize the laid back Outer Banks lifestyle. This property is fully outfitted with all of your modern amenities including an ELEVATOR to all levels, a mid level OCEAN VIEW GAME ROOM that offers stunning views while you entertain (a rare find!), and a super fun and functional ground level MEDIA ROOM with custom LED lighting and surround sound, FOOSBALL, and a convenient Kitchenette. Renters LOVE this home, which is clear by the strong income history and proven rental performance with over $240K in rental income for 2025, and a projection of over $263K for 2026! The vacation vibes continue outside where you can relax in the 14x28 PRIVATE HEATED POOL, unwind in the HOT TUB under the stars, or stroll down your PRIVATE BEACH FRONT BOARDWALK at sunset. Located just past Whalebone Junction at MP 17, and close to endless Outer Banks favorites including Sam & Omie’s, the Nags Head Outlet shop, and Oregon Inlet, your next great OBX investment starts here! Recent improvements include NEW Bedding/Art/Decor '25, NEW Outdoor Grill and Hot Tub Cover '25, NEW Exterior Paint '24, NEW Top Level HVAC '24, NEW Interior Ceiling Paint '25, NEW TV's '24-'25, and NEW Exterior Furniture '24-'25.
Listing Agent
Coldwell Banker Seaside Realty KH Brokerage Phone: 252-599-6814 License #255119 Listed on: 07/22/2025
Co-Listing Agent
Coldwell Banker Seaside Realty KH Brokerage Phone: 252-599-6814 License #309078
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,534
Year Built
- Built in 2004
Lot Details
- 0.44 Acre Lot
- Beach Front
- Level Lot
- Property is zoned CR
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Wood Siding
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 5,210 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Home Theater
- Game Room
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Second Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Subterranean Parking
- Paved Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Outdoor Pool
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Septic Tank
Community Details
- Dea Properties Subdivision
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 | $14,296 | $1,542,100 | $622,300 | $919,800 |
| 2023 | $14,296 | $1,578,892 | $622,300 | $956,592 |
| 2022 | $6,323 | $1,578,892 | $622,300 | $956,592 |
| 2021 | $13,200 | $1,578,892 | $622,300 | $956,592 |
| 2020 | $6,323 | $1,578,892 | $622,300 | $956,592 |
| 2019 | $6,605 | $1,361,100 | $477,400 | $883,700 |
| 2018 | $6,773 | $1,361,100 | $477,400 | $883,700 |
| 2017 | $6,605 | $1,361,100 | $477,400 | $883,700 |
| 2016 | $6,043 | $1,361,100 | $477,400 | $883,700 |
| 2014 | $6,043 | $1,361,100 | $477,400 | $883,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $2,799,000 | -- | $537 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $15,000,000 | Evans & Meads Pllc | |
| Warranty Deed | $2,500,000 | None Listed On Document | |
| Warranty Deed | $1,684,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,750,000 | New Conventional | |
| Closed | $1,750,000 | New Conventional | |
| Previous Owner | $1,347,200 | New Conventional |
Source: Public Records
Similar Homes in Nags Head, NC
Source: Outer Banks Association of REALTORS®
MLS Number: 129963
APN: 030212000
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