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5006 S Virginia Dare Trail #LOT 4-4

Nags Head, NC 27959

$2,490,000 $10,497/Mo

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Overview

Bed

7.5

Bath

4,138

Sqft

Description

$192,000 Already Booked for 2026!!! Discover your next high-income investment opportunity in the Outer Banks—an 8-bedroom semi-oceanfront home in the heart of Nags Head. This exceptional property generated an impressive $235,700 in rental income in 2025 and $244,600 in 2024. With $192,000 already on the books for 2026, the property is projecting over $235,000 by the end of the year - making it a standout option for investors seeking strong, proven returns. Offered FULLY FURNISHED with all brand-new furniture and completely RENT-READY, this home delivers immediate income potential from day one. The property has undergone a comprehensive renovation, including a new roof, pool heater/equipment, water heater, flooring, kitchen, fresh interior and exterior paint, all-new appliances and furnish ings, a new pool fence, new decks, and an updated elevator—enhancements that elevate value while supporting high occupancy and premium rental rates. Located just minutes from PRIVATE COMMUNITY BEACH ACCESS, the home features an ELEVATOR TO EVERY FLOOR, ensuring comfort and accessibility for guests of all ages. The spacious layout is ideal for large families and group vacations, further maximizing rental appeal. With a HEATED POOL, GAME ROOM and year-round entertainment options, plus close proximity to Nags Head’s best shopping, dining, and attractions, this property checks every box for a luxury coastal investment. Make an offer today to secure this exceptional semi-oceanfront opportunity—properties with this level of income and condition do not last.

Property Details

Property Type : Residential

Price : $2,490,000

AD Id : 74388170

MLS Id : 131563

Beds : 8

Living Area Size : 4,138

Year Built : 2005

County : Dare

Subdivision: Waterways

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Full Baths: 7 Half Baths: 2
Flooring Information

Vinyl, Wood
Roofing Information

Wood
Interior Features

Pantry, Elevator, Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s) Roof: Wood Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer Laundry Features: Laundry Room
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump

Building Information

Year Built: 2005 Building Area Total: 4138 Construction Materials: Frame, Wood Siding Patio And Porch Features: Deck Pool Features: Outdoor Pool, In Ground, Private Private Pool: Yes Water front Features: Beach Access View: Ocean

Lot Information

Lot Description: Level

Property Information

Subdivision: Vil-NH Elliott Estates Source Property Type: Residential MLS Area Minor: Nags Head between hwys Property SubType: Single Family Residence Property Age: 21

Listing Price Information

Listing Price: $2490000

Tax Information

Parcel Number: 080113232416 Tax Year: 2025 Annual Tax: $9409

Parking Information

Paved

Location Information

WaterSource: Public Security Features: Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
10422 S Colony South Dr.., Nags Head, NC, 27959	$1,450,000	4	3.5	2,574	2,574 SqFt
8723 A S Old Oregon Inl.., Nags Head, NC, 27959	$735,000	3	2	1,590	1,590 SqFt
10212 S Colony South Dr.., Nags Head, NC, 27959	$689,000	4	2	1,296	1,296 SqFt
10107 S Colony South Dr.., Nags Head, NC, 27959	$650,000	3	2	1,044	1,044 SqFt
120 W Westside Court #L.., Nags Head, NC, 27959	$959,000	4	4.5	2,906	2,906 SqFt
121 W Westside Court #L.., Nags Head, NC, 27959	$899,000	4	3.5	2,037	2,037 SqFt
9509 S Old Oregon Inlet.., Nags Head, NC, 27959	$1,699,000	6	4.5	2,449	2,449 SqFt
9427 S Old Oregon Inlet.., Nags Head, NC, 27959	$4,750,000	16	15.5	11,070	11,070 SqFt
9325 A E Olympic Street.., Nags Head, NC, 27959	$636,000	3	2	1,792	1,792 SqFt
9317 S Old Oregon Inlet.., Nags Head, NC, 27959	$1,975,000	8	6.5	4,640	4,640 SqFt

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ByOwner last updated this listing 06/18/2026 @ 18:40

MLS: 131563 LISTED BY: May Oo-Muuse, EXP Realty, LLC - Coastal SOURCE: Outer Banks Association of REALTORS