8229 S Old Oregon Inlet Road Lot #54, Nags Head


MLS#: 123840 Property Type: Residential Address: 8229 S Old Oregon Inlet Road Lot #54 City / Zip: Nags Head, NC 27959 Area: S. N.H. East/Old Oregon R County: Dare Neighborhood: Bodie Isl Beach Bedrooms: 10 Bathrooms: 7 1/2 Bathrooms: 2 Heated Sq Ft: 4,516 Acres: 0.44 Year Built: 1999 Zoning: R2 Date Listed: 11/05/2023 Status: Under Contract

Agent's Comments

***Rental Income Producer**** In 2022 and 2023, the property generated a fantastic rental income of $268,000. Carolina Designs and Twiddy project at least $339,000 or more in rental income if seller opened the entire calendar. See projections in associated docs. Discover this irresistibly attractive waterfront property that has undergone an array of impressive enhancements. Embrace breathtaking, unhindered vistas of the ocean from this awe-inspiring 10-bedroom coastal retreat in South Nags Head, meticulously prepared for your immediate enjoyment. With an impressive 10% return on investment and a contemporary coastal ambiance, this home is an absolute turn-key opportunity, offering both the delights of a beachfront haven and strong, steady rental income. Recent aesthetic and functional updates were made with quality and sophisticated elegance in mind, including luxury vinyl plank flooring harmonizing the common areas, two top floor master suites with private bathrooms, stylish vanities adorned with Quartz countertops, upgraded light fixtures and toilets. Tastefully curated furnishings throughout this home, boast renowned brands such as Pottery Barn and West Elm. Indulge in delightful meals around the large custom dining table. Enjoy the recently expanded 2-level oceanside decks, with Trex decking and charming new wood composite furniture. The kitchen and wet bar feature beautiful granite countertops. Within the past year, the lower and mid-levels have been upgraded with two new AC condenser units. The roof and water heaters were replaced in 2021. The Top Level is a wide-open concept encompassing the main living area, kitchen, and dining spaces providing "to-die-for" ocean views with abundant natural light! The massive chef's kitchen has ample counterspace, eat-on bar for 5, granite countertops, stainless steel appliances, and plenty of cabinetry for all your storage needs. Additionally, this level boasts an inviting wine and coffee bar complete with a wine cooler, powder bath, and 2 generous size king ensuites with private baths. The mid-level includes two oceanfront king ensuite bedrooms with sliding glass doors leading to a covered deck complete with a soothing hot tub. This level offers three additional bedrooms, a utility closet with a washer/dryer, and the spacious and inviting front entry with a covered porch, an idyllic spot to relish Outer Banks sunsets. The lower level features a game room equipped with a pool table and an exciting new full size stand-up arcade game with 60 classic games, a wet bar with full size refrigerator, microwave, and a cozy sitting area. Also on this level is a full-sized laundry area, and three additional bedrooms (2 share a Jack and Jill bath), a full hall bath, and a powder room, with the convenience of direct access to the private 12'x32' heated pool. The property's highly sought after location lies between Jeannette's Pier and Outer Banks Fishing Pier, providing an unbeatable tranquil, non-commercial ambiance with effortless proximity to shops and restaurants. Notable nearby attractions include the Pea Island Wildlife Refuge, Oregon Inlet, two world-class fishing centers, Tanger Outlets, Historic Manteo, and Jockey's Ridge. This extraordinary oceanfront income-generating gem represents not only a prudent investment but also a splendid abode to savor for years to come.

*Listing provided courtesy of the Coldwell Banker Seaside Realty - KDH.
Interior Features
  • Air Conditioning: Central, Heat Pump, Zoned
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Countertops: Granite,Quartz
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Floor Covering: Carpet, Luxury Vinyl Plank
  • Furnishings Available: Yes
  • Heating: Central, Heat Pump, Zoned
  • Interior Features: All Window Treatments, Cathedral Ceiling(s), Ensuite, Pantry, Wet Bar
  • Optional Rooms: Foyer, Game Room, Utility Room
  • Water: Municipal
External Features
  • Exterior: Shakes, Vinyl
  • Foundation: Piling
  • Garage: None
  • Lot Description: Beach Frontage, Water Frontage
  • Parking: Paved, Off Street
  • Pool: Yes
  • Pool: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Rool Type: Private
  • Roads: Paved, Public
  • Roof: Asphalt/Fiber Shingle
  • Sewer/Septic: Private Septic
  • Style: Reverse Floor Plan
  • Waterfront Location: Oceanfront
Additional Features
  • Associated Document Count: 11
  • Contruction: Frame, Wood
  • County: Dare
  • Deed Book: 2511
  • Deed Book Pg: 0566
  • 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
  • Ownership: Owned More than 12 Months
  • Rental Company: Sun Realty
  • Rental Cottage Number: 526
  • Status Date: 2023-11-22
  • Property Sub Type: Single Family Residence
  • View Description: Ocean
  • Year Built: 1999
  • Zoning: R2
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Listings provided courtesy of Coldwell Banker Seaside Realty - KDH and the MLS of the Outer Banks Association of Realtors®, Inc.

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