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Nags Head 27959
5306 S Virginia Dare Trail #LOT3
$1,649,000
House - For Sale

5306 S Virginia Dare Trail #LOT3

Nags Head, NC 27959
bedrooms
8 Beds
bathrooms
9 Baths
square feet
3810 Sqft
$8,632
Estimated Monthly

About This Property

This stunning semi-oceanfront residence boasts an expansive layout, featuring eight bedrooms and seven and a half bathrooms. Its prime location in the heart of the Village of Nags Head provides convenient access to VNH private beach access and two Sound front parks with kayak access.  The Nags Head Golf Links and VNH Oceanfront Pool, tennis, oceanfront clubhouse are all within walking distance and available at additional costs.  Within a few miles there are three piers, Jockeys Ridge, Nags Head Woods, shopping and plenty of fantastic restaurants.  This coastal home offers a well-designed floor plan that ensures a comfortable stay for everyone. The upper level features an open design, perfect for entertaining large groups. The spacious kitchen is fully equipped and appointed with granite countertops. Adjacent to the kitchen, you will find an expansive dining area with two large dining tables, flanked by a comfortable living area offering ocean views. The home also boasts large decks both at the front and back, perfect for enjoying the outdoors.  For added convenience, an ELEVATOR is available to take you down to ground level. Here, you will discover a spacious game room complete with a slate pool table, full-sized fridge, wet bar, and an ice machine pub tables & chairs. Step outside, and you will find an oasis with a private swimming pool, a hot tub, and a tiki bar.   The home includes eight bedrooms, a reading room, and plenty of space to accommodate guests comfortably.   Being handicap accessible makes for easier access for many.  Sun Realty annual projection of $168,000 in owner income!!!

The manager has listed the unit size as 3810 square feet.
Unit Size
3,810Ft²
Days on Market
116 days
Land Size
0.21 acres
Price per sqft
$433
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
2004

Listed By

Matt Whelan
Village Realty Holdings, LLC - NH
Last updated: 3 months ago (OBARNC #124496)

Price History

Date / Event Date Event Price
Jan 28, 2024 No longer available -
No longer available
Jan 28, 2024 Listed by Village Realty and Management Services Inc $1,649,000
Listed by Village Realty and Management Services Inc
Nov 9, 2023 Price Decreased $1,649,000
↓ $50K (2.9%)
Price Decreased
Oct 26, 2023 Price Decreased $1,699,000
↓ $51K (2.9%)
Price Decreased
Sep 20, 2023 Listed by Keller Williams Realty Outer Banks $1,750,000
Listed by Keller Williams Realty Outer Banks
Located within the Village of Nags Head, this expansive semi-oceanfront vacation rental home boasts more than 3,700 sqft of living space, encompassing 8 bedrooms, 7 full bathrooms, and 2 half baths. The property includes 5 en suite bedrooms, a well-appointed game room with a wet bar, an elevator for seamless access to all levels, and an outdoor area complete with a Tiki Bar, private heated pool, and inviting hot tub, all designed to enhance convenience and relaxation. The top floor…

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Pool Information

Pool

Exterior Information

Masonry
Wood

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 3,810
  • Building Area: 3,810
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,810
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ATLANTIC WATCH
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 3 BLK: SEC: PL: F SL: 245

Ownership

  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Dare County Schools
  • Census Tract: 970400

Geography

  • Assessors Map Reference: MB: F
  • Account Number: 080118227425
  • District: 14
  • Parcel: 027839089
  • Lot: 3
  • Municipality: NAGS HEAD
  • Latitude: 35.9353
  • Longitude: -75.6122

    Address

  • Full Address: 5306 S Virginia Dare Trl
  • Legal Unit: 1
  • Address - House Number: 5306
  • Street Direction: S
  • Address - Street Name: Virginia Dare
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Nags Head
  • Zip Code: 27959

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,058

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 1,601,299
  • High Value: 1,739,221
  • Low Value: 1,463,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $682,500
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $682,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $901,784
  • Market Land Value: $309,400
  • Market Improvement Value: $592,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $901,784
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $592,384

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nags Head


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Frequently Asked Questions

When was property at 5306 South Virginia Dare Trail built and last sold?
The property at 5306 South Virginia Dare Trail was built in 2004 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5306 South Virginia Dare Trail is $1,665,490.
What are some comparable homes to 5306 South Virginia Dare Trail?
There are currently no comparable homes to 5306 South Virginia Dare Trail.

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