$1,199,000 8229 S Old Oregon Inlet Road Nags Head, NC

MLS: 100054   Type: Single Family   County: Dare   City: Nags Head   Area: S. N.h. East-old Oregon R   Neighborhood: Bodie Isl Beach   Zip: 27959   Style: Contemporary,Reverse Floor Plan,Coastal     Stories: 1   Taxes: $9,631

Mortgage $5,629 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

10

7

2

4,430

0.41

1999

One of the most sought after locations in all of South Nags Head with a highly vegetated stable dune for extra protection from Nor'easters. Located along a 4 mile stretch of private oceanfront beaches. This 10 bedroom investment home generated 10% GRI in 2017 and already has $123,285 on the books for 2018. Seller limits rental weeks, so investor buyer could open all spring and fall calendar to generate higher income. Recent upgrades include; stainless steel appliances, updated baths, and newer laminate flooring in great room. The views from the top level are outstanding with lots extra windows to add an abundance of natural light. The floor plan is open and spacious, perfect for a large crowd to gather. Top Level includes; great room with amazing ocean and beach views, gas fireplace (not connected), dining table seats 16 to 18, wet bar with custom cabinets & wine cooler, and 2 master suites. Mid Level: Large open main entry, 5 bedrooms, 2 with private access to east side deck with hot tub. Ground Level: Huge game room with wet bar, full size 2nd refrigerator, microwave, and dishwasher. 3 Bedrooms, full shared hall bath, jack and jill bath, and 1/2 bath bath accessible from pool, and a 12x32 private pool. In 2017 Serenity generated $120,910, and 2016, over $124,000. Already $123,000 on the books for 2018. Consistent income producer and perfect for any investor.

Elementary School

Middle School

High School

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Price History

4/13/2018 Listed $1,199,000

Bank Owned Y/n No
Class RESIDENTIAL
Construction Frame, Wood
Extras Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry
Financing Options Cash, Conventional
Lease Terms Weekly
Listing Area S. N.H. East/Old Oregon R
Listing Status Active
Ownership Owned More than 12 Months
Potential Short Sale No
Section 3
Status Active
Style Contemporary, Reverse Floor Plan, Coastal
Subdivision Bodie Isl Beach
Tax Year 2017
Taxes 9631.96
Type Single Family - Detached
Year Built 1999
Zoning RES

Interior Features

Appliances Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
Cooling Heat Pump, Zoned
Floor Covering Tile, Wood Laminate
Full Baths 7
Furnishings Available Y/n Yes
Half Baths 2
Heating Electric, Heat Pump, Zoned
Interior Features Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Pantry, Washer Connection, Wet Bar
Optional Rooms Foyer, Game Room
Total Beds 10

Exterior Features

Approx.lot Sqft 18000
Exterior Vinyl
Flood Zone VE
Foundation Piling, Slab
Lot Description Beach Frontage, Level, Water Frontage
Parking Parking Lot, Paved
Pool (Y/N) Outdoor, In Ground, Fiberglass, Private Pool
Pool (Y/N) Yes
Pool Type Private
Roads Paved, Public
Roof Asphalt/Fiber Shingle
View Ocean
Water Municipal

Property Schools



Direct Link:

https://www.buythebeachobx.com/property/132-100054-8229-S-Old-Oregon-Inlet-Road-Nags-Head-NC-27959

Gallery (36 photos)

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Property vs Zip Code Avg (27959)

Price 1.19M Avg 725K

Sqr Feet 4,430 Avg 2,697

Cost / Sqr Ft $271 Avg $269

Taxes $9,631 Avg $4,573

Acres 0.41 Avg 0.2

Visits 200 Avg 224

Days on Site 163 Avg 151

Walkscore® 12 Avg 26

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Listing Provided Courtesy Of: Heather T Vandermyde @ Coldwell Banker-Seaside Realty - KDH




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Location & Address

Buy the Beach Realty, LLC
115 W. Oregon Avenue Unit 2
Kill Devil Hills, NC
252-489-2043