118 N Baum Trail #Lot 2, Duck

$12,000,000

MLS#: 124212 Property Type: Residential Address: 118 N Baum Trail #Lot 2 City / Zip: Duck, NC 27949 Area: Duck Oceanside County: Dare Neighborhood: Palmer's Island Bedrooms: 12 Bathrooms: 12 1/2 Bathrooms: 3 Heated Sq Ft: 9,651 Acres: 1.01 Year Built: 2018 Zoning: RS-2 SFRD Date Listed: 12/29/2023

Agent's Comments

Nestled in Duck, NC within the secluded community of Palmer’s Island on North Carolina's Outer Banks stands Palmer’s Panorama, an architectural masterpiece that redefines coastal luxury living. Honored with the esteemed 2018 OBX Parade of Homes Judges Award of Excellence and the People’s Choice accolades, this sprawling estate spans nearly 10,000 square feet across an expansive oceanfront acre. Please enjoy this splendid VIDEO by pasting the link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo Crafted by Mancuso Construction in 2018, Palmer’s Panorama stands as a pioneering masterpiece in architectural design, offering breathtaking panoramic vistas of both the ocean and sound from every level. This opulent estate boasts 12 luxurious ensuite bedrooms, most accompanied by private decks, and three exquisitely designed living areas. Outdoor entertainment features include a 24’ x 50’ heated pool with a 15'x15' tanning ledge, cabana, showers, and bathroom, along with two inviting hot tubs. The pool has a new 250,000 BTU LP gas heater that makes chilly water warm up fast! A covered recreation area provides amenities like mini-golf, basketball, ping-pong, shuffleboard, and a host of games and toys for children and adults alike. (See the associated documents.) Notwithstanding its luxurious amenities, the remarkable location of Palmer’s Panorama makes it truly extraordinary. The setting within Palmer’s Island offers thrilling sunrises over the ocean and magnificent sunsets across the Currituck Sound in the midst of unparalleled natural beauty. A private boat dock and ramp on the Currituck Sound offers private access to boating, kayaking and fishing. Nearby, the Sanderling Racquet & Swim Club, Pine Island Racquet Club, Sanderling Resort, and Currituck Club Golf Course offer indoor tennis, Spa, indoor pool and fitness clubs, exclusive restaurants, and premier golf respectively. Relish a sunset stroll along the sound to the area’s only 4 Diamond-rated restaurant, Kimball’s Kitchen, to enjoy exquisite culinary experiences on the soundfront within the Sanderling Resort. Moreover, the property's proximity to the DONAL C. O'BRIEN, Jr. AUDUBON SANCTUARY in Corolla is a highlight of its unique location. Just steps away from this lavish retreat lies this pristine expanse, preserving 2,600 ACRES of protected marsh, upland maritime forest, and sandy beaches. The Sanctuary provides respite for migratory birds and wildlife, away from human disturbance. Visitors can revel in the untouched beauty of the Sanctuary through kayak tours, public programs, and nature trails, offering a serene and captivating experience adjacent to the luxurious realm of Palmer's Panorama. In addition to its natural splendor, Palmer’s Panorama presents an extraordinary investment opportunity as a vacation rental property. Its proximity to major urban hubs like Northern Virginia (NVA), Washington D.C., Philadelphia, and even Manhattan makes it an ideal getaway for urban dwellers seeking fresh ocean breezes by the coast. With its luxurious amenities, pristine surroundings, and convenient location, it has proven potential to generate substantial ANNUAL RENTAL INCOME approaching $750,000. For a comprehensive understanding of Palmer's Panorama's investment potential and a detailed breakdown of its rental income history and projections, we highly recommend reviewing the associated documents outlining the property's earnings. These documents contain valuable insights into the substantial revenue-generating capability of this remarkable estate. Palmer’s Panorama offers not only an exceptional estate but a gateway to both an unforgettable coastal experience and a profitable investment opportunity, combining luxury living, breathtaking natural surroundings, and promising rental potential. Please enjoy this splendid VIDEO by pasting the YouTube link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo

*Listing provided courtesy of the Twiddy and Co. - Duck.
Interior Features
  • Air Conditioning: Central, Heat Pump, Zoned
  • Appliances: Dishwasher, Dryer, Freezer, Ice Machine, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Countertops: Quartz
  • Extras: Boardwalk to Beach, Cabana, Ceiling Fan(s), Elevator, Hot Tub, Landscaped, Outside Shower, Sun Deck, Tiki Bar, Dry Entry, Inside Laundry Room
  • Floor Covering: Carpet, Tile, Wood
  • Furnishings Available: Yes
  • Heating: Central, Electric, Heat Pump, Zoned
  • Interior Features: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Home Theater
  • Water: Municipal
External Features
  • Exterior: Shakes
  • Foundation: Piling
  • Garage: Carport
  • Lot Description: Beach Frontage
  • Parking: Paved, Off Street, Under, Unpaved
  • Pool: Yes
  • Pool: In Ground, Concrete, Private Pool
  • Rool Type: Private
  • Roads: Paved, Private
  • Roof: Wood Shingles
  • Sewer/Septic: Private Septic, Non Conventional Septic
  • Style: Contemporary
  • Waterfront Location: Oceanfront
Additional Features
  • Associated Document Count: 13
  • Contruction: Frame
  • County: Dare
  • Deed Book: 2283
  • Deed Book Pg: 0826
  • 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: Twiddy and Company
  • Rental Cottage Number: B987
  • Status Date: 2023-12-28
  • Property Sub Type: Single Family Residence
  • View Description: Ocean, Sound
  • Year Built: 2018
  • Zoning: RS-2 SFRD
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Listings provided courtesy of Twiddy and Co. - Duck and the MLS of the Outer Banks Association of Realtors®, Inc.

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