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803 S Virginia Dare Trail , Lot 3

Kill Devil Hills, NC 27948
  • $4,750,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 119025
UPDATED: 93 min ago
$4,750,000
  • 12
    BEDS
  • 0.47
    ACRES
  • 11
    BATHS
  • 3
    1/2 BATHS
  • 8,200
    SQFT
  • $579
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Ratings & Info

Description

Absolutely amazing 12 bedroom Oceanfront estate available for purchase. Turnkey investment at the perfect time of year to capitalize on the rental season. Currently rented only a portion of the year, but could produce $564k/season if the owner made it available for the whole year. This home is so well maintained and loved, it shows like a model home. Interior amenities include a movie theater, elevator, game room with arcade game and pool table, gourmet kitchen, hardwood floors. Outside is a large private pool, tiki bar, kids pool, hot tub and private walkway to the beach. The interior selections are modern and newer, maintained to another level, leaving very little for a new owner to manage. Recent improvements are 4 new heat pumps in 2020, exterior paint 2022, refinished wood floors, new outdoor polywood furniture 2022, addition of the bar in the pool room, natural gas pool heater and gas fireplaces.

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© 2022 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 Trisha Midgett - Midgett Realty. Data last updated: 2022-08-17T23:37:39.7.
www.trishamidgett.com/homes/129185956
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803 S Virginia Dare Trail , Lot 3 Kill Devil Hills, NC 27948

  • Price: $4,750,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 93 min ago
  • MLS #: 119025
12
Beds
11
Baths
3
½ Baths
0.47
Acres
8,200
SQFT
$579
$/SQFT
2005
Built
Neighborhood:
Baum Beach
County:
Dare
Area:
Kill Devil Hills Oceanside
Property Description
Absolutely amazing 12 bedroom Oceanfront estate available for purchase. Turnkey investment at the perfect time of year to capitalize on the rental season. Currently rented only a portion of the year, but could produce $564k/season if the owner made it available for the whole year. This home is so well maintained and loved, it shows like a model home. Interior amenities include a movie theater, elevator, game room with arcade game and pool table, gourmet kitchen, hardwood floors. Outside is a large private pool, tiki bar, kids pool, hot tub and private walkway to the beach. The interior selections are modern and newer, maintained to another level, leaving very little for a new owner to manage. Recent improvements are 4 new heat pumps in 2020, exterior paint 2022, refinished wood floors, new outdoor polywood furniture 2022, addition of the bar in the pool room, natural gas pool heater and gas fireplaces.
Exterior Features

Construction FrameWood Exterior Cement Fiber Board Extras Attic FanBeach AccessBoardwalk To BeachCabanaCeiling Fan(S)Covered DecksElevatorSun DeckDry Entry Foundation PilingSlab Lot Description Beach Frontage Parking Off Street Pool GunitePrivate Pool Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Style Reverse Floor Plan View Description Ocean Waterfront Location Oceanfront

Interior Features

Air Conditioning CentralHeat Pump Appliances 2nd RefrigeratorDishwasherDryerMicrowaveRange/OvenRefrigerator Counter Tops Granite Floor Coverings CarpetTileWood Furnishings Available YN Yes Heating CentralHeat Pump Interior Features All Window TreatmentsCathedral Ceiling(S)Dryer ConnectionEnsuiteGas ConnectionGas Fireplace Optional Rooms Home Theater

Property Features

Annual Rental Income 564000 Association Fee YN No - Restrictive Covenants May A Bank Owned YN No Builder Randy Saunders Estimated Annual Fee 0 Financing Options CashConventionalJumbo Loan Flood Expenses 858 Flood Zone VeX Insurance Expenses 1851 Lease Terms Weekly Maintenance Expenses 5000 Other Expenses 1440 Pool Spa Expense 7211 Possession Subject To Tenancy Potential Short Sale No Primary Residence YN No Rental Cottage Name The Gardenia House Rental Performance 0.1187 Residential Type Single Family - Detached Septic Fee 2815 Sewer Septic Private Septic Tax Year 2021 Taxes 15672 Water Municipal Yearly Cable Tv Expense 3692 Yearly Electric Expense 7301 Yearly Expense Act Est Actual Yearly Water Expense 2454 Zoning Res

Listing courtesy of Cooper Hawk of Outer Banks Realty Group: 252-491-3333.


© 2022 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 Trisha Midgett - Midgett Realty. Data last updated: 2022-08-17T23:37:39.7.
 
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Trisha Midgett - Midgett Realty
PO Box 114
Rodanthe NC, 27968
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