Active

5515 S Virginia Dare Trail #UNIT B-1

Nags Head, NC 27959
Mark as Favorite
Bed 2

Bed

Bath 2

Bath

SqFt912

Sqft

Positioned for strong rental performance, this sand dune-protected, oceanfront condo in the highly sought-after Admiral’s View community in Nags Head offers an exceptional investment opportunity on the Outer Banks. This 2-bedroom, 2-bath unit combines prime oceanfront positioning with low-maintenance ownership—an ideal addition to any short-term rental portfolio. The property features direct beach access and an open-concept living area enhanced by new east-facing windows and outdoor decking, maximizing guest appeal with unobstructed sunrise views. Recent capital improvements—including a new heat pump (2021), durable LVT flooring, stainless steel appliances, granite countertops, and updated bathrooms—help minimize near-term maintenance costs while supporting premium rental rates. Overlook ing the community’s oceanfront pool and expansive sun deck, the unit offers the amenities today’s vacation renters prioritize. Its walkable location near popular restaurants, shops, and key attractions like Jockey’s Ridge and Jennette’s Pier further strengthens occupancy potential and seasonal demand. With a projected gross rental income of $65,000, this property delivers a compelling blend of consistent cash flow, strong guest appeal, and long-term appreciation in one of the Outer Banks’ most desirable oceanfront communities. Overlooking the community’s oceanfront pool and expansive sun deck, this condo puts relaxation front and center. Step outside and you’re just a short stroll from top local restaurants, cafés, and boutique shops, with iconic Outer Banks attractions like Jockey’s Ridge and Jennette’s Pier only minutes away. Whether you’re searching for a second home, a high-performing investment property, or a personal beachside escape, this condo delivers. With an advertised projected gross rental income of $65,000, it offers a rare combination of prime oceanfront location, laid-back coastal lifestyle, and strong income potential—all on one of the most sought-after stretches of the Outer Banks.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $395,000

AD Id : 77044959

MLS Id : 132512

Beds : 2

Living Area Size : 912

Year Built : 1980

County : Dare

Subdivision: Dalston

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Full Baths: 2
  • Roofing Information

    Rubber
  • Interior Features

    Elevator Roof: Rubber Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Ceiling Fan(s), Heat Pump Water front: 1

  • Building Information

    Year Built: 1980 Building Area Total: 912 Construction Materials: Vinyl Siding, Frame, Wood Siding Patio And Porch Features: Deck Pool Features: Outdoor Pool, Association, In Ground Private Pool: No Water front Features: Beach Front, Beach Access, Ocean Front View: Ocean

  • Lot Information

    Lot Description: Waterfront

    Property Information

    Subdivision: Admirals View Source Property Type: Residential MLS Area Minor: Nags Head Oceanside Property SubType: Condominium Property Age: 46

  • Listing Price Information

    Listing Price: $395000

  • Tax Information

    Parcel Number: 080118315552B1 Tax Year: 2024 Annual Tax: $1972.35

  • Parking Information

    Parking Lot, Off Street
    Homeowners Association Information
    Included Fees: Cable TV, Electricity, Maintenance Grounds Association Amenities: Pool

  • Location Information

    WaterSource: Public
Sell a home like this and save $23,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
107 W Gray Eagle Street.., Nags Head, NC, 27959 $489,000 2 2.5 1,088 1,088 SqFt
107 W Gray Eagle Street.., Nags Head, NC, 27959 $509,900 3 2.5 1,216 1,216 SqFt
6317 S Virginia Dare Tr.., Nags Head, NC, 27959 $499,999 2 2 1,056 1,056 SqFt
5613 S Virginia Dare Tr.., Nags Head, NC, 27959 $425,000 2 1.5 1,056 1,056 SqFt
5515 S Virginia Dare Tr.., Nags Head, NC, 27959 $430,000 2 2 912 912 SqFt
3009 S Wrightsville Ave.., Nags Head, NC, 27959 $700,000 4 3 1,616 1,616 SqFt
500 W Villa Dunes Drive.., Nags Head, NC, 27959 $479,900 2 2.5 1,242 1,242 SqFt
500 W Villa Dunes Drive.., Nags Head, NC, 27959 $385,000 2 1.5 1,258 1,258 SqFt
2824 S Lost Colony Driv.., Nags Head, NC, 27959 $645,000 3 3 2,293 2,293 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Outer Banks Association of REALTORS®. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Outer Banks Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 01:26

MLS: 132512 LISTED BY: Brittany Johnston, Keller Williams - Outer Banks SOURCE: Outer Banks Association of REALTORS

Selling? Save $23,201 when you sell a home like this

Tour with a ByOwner Agent