11% RETURN CASH FLOW! *** "9" BEDROOM OCEANFRONT IN NAGS HEAD! ... THE LAZY LIZARD (ITS NEXT DOOR TO BIG DADDY'S MLS# 119170 ALSO FOR SALE ... Buy 2 High Income Producing Oceanfront Homes side by side) TROPICAL GORGEOUS LANDSCAPING * Original Plat shows Dimensions: 65 feet on Beach Road, north side 420 Feet and Oceanfront at 64 Feet and south side at 420 Feet ... 64 FEET WIDTH on OCEANFRONT (much wider than typical 50-foot lot in Nags Head! *** Located Milepost 11.5 approx. on the Beach Road - Lush Landscaping w/ Volleyball Court & the Look & Feel of the Islands! * Big Driveway for plenty of Guest and Family Parking *** Tax Record shows this home is 8 Bedrooms ... but it is actually "9" Bedrooms w/ 6 Main En Suite BR's w/ Full Baths *** Totals out at 9 Bedrooms, 6 Full Baths and 2 Half Baths (Primary Powder Room just off the Great Room for guests and the other is a 1/2 bath is an outdoor Bathroom across from the 2 Outdoor Showers - perfect for the Kiddies while swimming in the Pool! *** Starting on the Top Level 3 - The Lazy Lizard has been Professionally Designed and Decorated in a Luxurious Spanish Villa Theme w/ Hand-Painted Murals and bright, airy colors which will remind you that you've escaped the stresses of everyday life ... it Feels like where the Desert meets the Atlantic Ocean! * High Ceilings, Gas Fireplace w/ Built in Entertainment Center * Fabulous Ocean Views! * Guest Powder Room * North side Main En suite Bedroom w/ Expansive All Tile Bath w/ 2 Person Jet Tub & 2 Person Glass Enclosure Shower * Oceanfront rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180-degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features Multiple En suite Master Bedrooms w/ Full Baths * Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 * Level 1 Features a Huge Open Great Room with tile floor, Big Kitchen, Pool Table, Double Sliders out to Pool Deck w/ that TIKI Bar Feel, 2 Bedrooms and a Full Bath between - laundry facilities in this area as well *** Pool Deck is really Awesome ... Heated POOL, TIKI Bar overhead design, HOT TUB & Lots of room to Catch Rays by the Pool * Outdoor Showers and an Outdoor 1/2 Bathroom *** Home Rents w Pets *** Head out past the pool to the Dune to check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - CHECK OUT THE SPACE STATION AS IT ORBITS BY! *** Located just south of Tortuga's Lie, Bonnet Street Park, Lucky 12 Tavern across the street and down the road a few hundred feet, just north of the Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** The Lazy Lizard is offered Fully Furnished (excludes owner locked closet items, rugs and any artificial plants) *** The Lazy Lizard is (and has been) a Fabulous Rental Income Producing Investment ... See Rental Company Beach Realty K1205 Lazy Lizard's Photos & Description at Website Link: https://www.beachrealtync.com/outer-banks-rentals/lazy-lizard *** Per Seller: Newer Smart Siding - Exterior looks to be in great shape! *** 2021 Owner Rents totaled $299,085 - an 11% Return! ... 2022 already at $270,8109 as of 10-4-22 * NOTE: Owner (Seller) is projecting 2022 Owners rents to reach OVER $300K *** This is a Beautiful Home and ... the Rents Look Good Too! ... Come see!
Listing courtesy of Coldwell Banker Seaside Realty Kh.
Listed by John Leatherwood
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