803
S
Virginia Dare Trail lot 3,
Kill Devil Hills,
North Carolina
NC
27948
Price: $4,750,000
Mortgage Calculator
Listing ID: 122345
Status:
Active
Bedrooms:
12
Bed
Total Baths:
14
Bath
Full Baths:
11
Bath
Partial Baths:
3
Bath
SqFt:
8,200
Sq Ft
Acres:
0.470
Acres
Subdivision:
Baum Beach
Year Built:
2005
Absolutely amazing 12 bedroom Oceanfront estate available for purchase. Turnkey investment at the perfect time of year to capitalize on the rental season. Currently rented only a portion of the year, but could produce $564k/season if the owner made it available for the whole year. This home is so well maintained and loved, it shows like a model home. Interior amenities include a movie theater, elevator, game room with arcade game and pool table, gourmet kitchen, hardwood floors. Outside is a large private pool, tiki bar, kids pool, hot tub and private walkway to the beach. The interior selections are modern and newer, maintained to another level, leaving very little for a new owner to manage. Recent improvements are 4 new heat pumps in 2020, exterior paint 2022, refinished wood floors, new outdoor polywood furniture 2022, addition of the bar in the pool room, natural gas pool heater and gas fireplaces.
Primary Features
County:
Dare
Property Sub Type:
Single Family - Detached
Property Type:
Residential
Subdivision:
Baum Beach
Year Built:
2005
Zoning:
OIR
Interior
Air Conditioning:
Central, Heat Pump
Appliances:
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, 2nd Refrigerator
Countertops:
Granite
Extras:
Attic Fan, Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Sun Deck, Dry Entry
Floor Coverings:
Carpet, Tile, Wood
Furnishings Available:
yes
Heating:
Central, Heat Pump
Interior Features:
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite
Optional Rooms:
Home Theater
Water:
Municipal
External
Approximate Lot SqFt:
20500
Exterior:
Cement Fiber Board
Foundation:
Piling, Slab
Fuel Tanks:
Owned
Lot Description:
Beach Frontage
Parking:
Off Street
Pool:
Gunite, Private Pool
Pool:
yes
Pool Type:
Private
Roads:
Paved, Public
Roof:
Asphalt/Fiber Shingle
Sewer/Septic:
Private Septic
Style:
Reverse Floor Plan
Waterfront Location:
Oceanfront
Location
Area:
Kill Devil Hills Oceanside
Flood Zone:
VE, X
View Description:
Ocean
Additional
Builder:
Randy Saunders
Construction:
Frame, Wood
Disclaimer:
Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is ad
Homes & Land of the Outer:
yes
Ownership:
Owned More than 12 Months
Primary Residence:
no
Rental Company:
Carolina Designs
Status Category:
Active
Financial
Advertised Income 2021:
321410
Asking Price Per SqFt:
579.27
Association Fee:
No - Restrictive Covenants May A
Bank Owned:
no
Bill of Sale Amount:
1
Bill of Sale Included in Price:
yes
Estimated Annual Rental Income:
564000
Estimated Rental Performance:
0.1187
Financing Options:
Cash, Conventional, Jumbo Loan
Flood Expenses:
858
Insurance Expenses:
1851
Lease Terms:
Weekly
Maintenance Expenses:
5000
Other Expenses:
1440
Other Insurance Expenses:
345
Owner Rental Income 2021:
306910
Pool/Spa Expense:
7211
Potential Short Sale:
no
Rental Turnover Day:
Sat
Sale/Rent:
For Sale
Tax Year:
2022
Taxes:
15672
Year Cable TV Expense:
3692
Year Electric Expense:
7301
Year Water Expense:
2454
Yearly Expense Actual/Estimated:
Actual
Zoning Info
© 2023 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Beach Realty & Construction - KH North shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Contact - Listing ID 122345
Beach Realty Sales Team
4826 N. Croatan Highway
Kitty Hawk, NC 27949
Phone: 252-261-3815
Phone Alt: 877-621-3815
Data services provided by IDX Broker
