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5515 S Virginia Dare Trail #UNIT B-1

Nags Head, NC 27959
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Bed 2

Bed

Bath 2

Bath

SqFt912

Sqft

Experience the best of Outer Banks oceanfront living and investment potential at Admiral’s View in the heart of Nags Head. This beautifully updated 2-bedroom, 2-bath oceanfront condo offers the rare combination of breathtaking views, direct beach access, and impressive income-producing capability, making it an exceptional opportunity for investors and coastal lifestyle seekers alike. Perfectly positioned behind protective dunes, this turn-key condo showcases Ocean views, abundant natural light, and an open-concept floor plan designed to maximize comfort and guest appeal. New east-facing windows and updated decking create the perfect setting to enjoy spectacular sunrises over the water, while recent upgrades—including a new heat pump (2021), luxury vinyl plank flooring, stainless steel app liances, granite countertops, and renovated bathrooms—provide modern coastal style with minimal maintenance concerns. Guests and owners alike will appreciate the community's oceanfront pool, expansive sun deck, and easy beach access just steps away. Located within walking distance of popular restaurants, shops, and local favorites, and only minutes from iconic attractions such as Jockey’s Ridge and Jennette’s Pier, this location consistently attracts vacationers year after year. With a projected gross rental income of $65,000, this property offers a compelling opportunity to generate strong returns while enjoying personal beach getaways whenever you choose. Whether you're expanding your investment portfolio, searching for a second home, or fulfilling your dream of owning oceanfront property on the Outer Banks, this condo delivers exceptional value, strong rental performance, and an unbeatable coastal lifestyle in one of Nags Head's most desirable oceanfront communities.

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Detail Ic Property Details

Property Type : Residential

Price : $380,000

AD Id : 86484902

MLS Id : 133276

Beds : 2

Living Area Size : 912

Year Built : 1980

County : Dare

Subdivision: Mill Ridge

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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, In Ground, Association 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: $380000

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
107 W Gray Eagle Street.., Nags Head, NC, 27959 $484,000 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
4905 S Virginia Dare Tr.., Nags Head, NC, 27959 $676,000 3 3 1,684 1,684 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 07/02/2026 @ 07:38

MLS: 133276 LISTED BY: Brittany Johnston, Keller Williams Outer Banks KDH SOURCE: Outer Banks Association of REALTORS

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