507 N Virginia Dare Trail, Kill Devil Hills, NC 27948

$4,995,000
12
BD
12
BA
6,804
SqFt
List Price
$4,995,000
MLS#
118916
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
12
Bathrooms
12
Full-baths
10
Half-baths
2
Living Area
6,804
Neighborhood
Kitty Hawk Shrs

Property Description

Beautiful oceanfront home in the OBX. Functional open floorplan that people love, elevator, 12 bedrooms, movie theatre, private pool, tiki bar, pool house with bathroom, new sauna, 6687sf built in 2004. Lots of recent improvements and upgrades. Wide sandy beaches and a nice dune between the ocean and the home. Large outdoor area with pool, poolside bar, hot tub, private ocean access. Inside is a spacious home with great ocean views, a large recreation room with tons of amenities for your guests. Rental income projected over $544k/season, amazing returns. This property is a must see, the day to tour is Saturday from 10-4. $287k on the books for next year.

Additional Information

Air Conditioning
Central, Heat Pump, Zoned
Appliances
Countertop Range, Dishwasher, Dryer, Microwave, Wall Oven, Washer, 2nd Refrigerator
Construction
Frame, Wood
Countertops
Granite
Siding
Vinyl, Cement Fiber Board
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub, Jet Tub, Landscaped, Patio, Sauna, Sun Deck, Whirlpool/Spa
Floor Coverings
Carpet, Ceramic Tile, Hardwood, Vinyl Tile
Foundation
Piling, Slab
Heating
Central, Electric, Heat Pump
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Wet Bar
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Game Room, Media Room
Parking
Paved
Pool
Yes
Possession
At Closing
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Contemporary, Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Zip
27948
Neighborhood
Kitty Hawk Shrs
Lot Dimension
50X470
Year Built
2004
County
Dare
Annual Rental Income
559544
Rental Co
Outer Banks Blue
Rental Cottage Name
Boardwalk
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
559544
Rental Performance
0.112
Yearly Expense Act/Est
Actual
Yr Electric Expense
8289
Yr Water Expense
3754
Yr Cable TV Expense
3022
Insurance Expenses
$12,138
Pool/Spa Expense
4607

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Outer Banks Realty Group.

Listed by Cooper Hawk

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