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3303 S Virginia Dare Trail , Lot 2

Nags Head, NC 27959
  • $2,235,000
  • STATUS: Closed
  • ON SITE: 502 Days
  • MLS #: 119692
Sold - 12/08/2022
$2,235,000
SOLD - 12/08/2022
  • 8
    BEDS
  • 0.62
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
  • 3,862
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1998
County:

School Ratings & Info

Description

INCREDIBLE 2022 OWNER RENTS $278,018 - that is an 11% RETURN CASH FLOW! *** 65 FEET WIDE OCEANFRONT LOT *** "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 *** 2022 Rents are $278,018 as of 11-1-22 - an 11% Return! *** 2023 Weeks are Booking Now *** Owner projecting 2023 rents will be $375,000 *** This is a Beautiful Oceanfront Home ... Come See!

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© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sun Realty of Nags Head, Inc.. Data last updated: 2023-11-28T23:37:52.48.
www.sunrealtyobx.com/homes/130904865
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3303 S Virginia Dare Trail , Lot 2 Nags Head, NC 27959

  • Price: $2,499,500
  • Status: Closed
  • On Site: 502 Days
  • Updated: 62 min ago
  • MLS #: 119692
8
Beds
7
Baths
2
½ Baths
0.62
Acres
3,862
SQFT
$0
$/SQFT
1998
Built
Neighborhood:
Southwinds
County:
Dare
Area:
Nags Head Oceanside
Property Description
INCREDIBLE 2022 OWNER RENTS $278,018 - that is an 11% RETURN CASH FLOW! *** 65 FEET WIDE OCEANFRONT LOT *** "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 *** 2022 Rents are $278,018 as of 11-1-22 - an 11% Return! *** 2023 Weeks are Booking Now *** Owner projecting 2023 rents will be $375,000 *** This is a Beautiful Oceanfront Home ... Come See!
Exterior Features

Construction FrameWood Exterior Composite Siding Extras Ceiling Fan(S)Covered DecksFenced YardHandicap FriendlyHot TubJet TubLandscapedLawn SprinklersOutside LightingOutside ShowerSmoke Detector(S)Sun DeckDry EntryInside Laundry Room Foundation PilingSlab Garage 2 CarAttachedCarport Lot Description Beach FrontageLevel Lot Faces East Lot Size Dimensions 65 X 420 X 64 X 420 Parking PavedOff Street Pool OutdoorIn GroundVinylCustomHeatedPrivate Pool Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Street Frontage 65 Style ContemporaryReverse Floor PlanCoastalCottage View Description Ocean Water Frontage 64 Waterfront Location Oceanfront

Interior Features

Air Conditioning Heat PumpZoned Appliances DishwasherDryerMicrowaveRefrigerator W/Ice MakerWasher2Nd Dishwasher2Nd Refrigerator Counter Tops Laminate Floor Coverings CarpetTile Furnishings Available YN Yes Heating ElectricHeat PumpZoned Interior Features All Window TreatmentsCathedral Ceiling(S)Dryer ConnectionGas ConnectionGas FireplaceIce Maker ConnectionPantryWasher ConnectionWet Bar Optional Rooms Game Room

Property Features

Annual Rental Income 300000 Association Fee YN No - Restrictive Covenants May A Bank Owned YN No Estimated Annual Fee 0 Financing Options CashConventionalJumbo Loan Flood Zone VeX Lease Terms Weekly Other Expenses 7865 Other Expenses2 3000 Other Expenses3 14275 Pool Spa Expense 4110 Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Lazy Lizard Rental Performance 0.1342 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2021 Taxes 11625 Water Municipal Zoning Cr

Listing courtesy of John Leatherwood of Coldwell Banker Seaside Realty Kh: C: 252-202-3834.


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sun Realty of Nags Head, Inc.. Data last updated: 2023-11-28T23:37:52.48.
 
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Sun Realty of Nags Head, Inc.
1500 S Croatan Hwy
Kill Devil Hills NC, 27948