MLS # 108910
501 S Virginia Dare Trail
Kill Devil Hills, NC 27948
$1,250,000
8
Bedrooms
3
Bathrooms
2,385
Sq. Ft.

About This Property

Rare opportunity to own a piece of the Outer Banks history. According to the sellers, the front cottage named the "Ruth Cottage" was the boat house for the Lifesaving Station that used to be located in Kill Devil Hills. a few properties to the south. When the station was decommissioned in 1933, the cottage was moved 100 yards north to where it sits now. On the day the Wright Brothers attempted their first flight, the Surfmen from the Coast Guard Station helped the Wright's move their flying machine to the top of Kill Devil Hill. It is safe to assume that the Wright Brothers have been inside of this cottage. The back cottage closest to the ocean was located from the Naval Shipyard in Norfolk and was used to house families on the base during WWII that were building ships during the war. In 1950, the current sellers family bought the property and it has been in the family ever since and they would love to see it preserved for generations to come. If you are interested in utilizing this large prime oceanfront lot for new construction, you will have endless possibilities that could result in a great investment property maximizing rental income. This location is next to a lift station so you should be able to tie into the central sewer which will allow you to build a large house. Please ask listing agent for plans and rental projections for new construction.

Property Details

MLS:
108910
Address:
501 S Virginia Dare Trail
Town:
Kill Devil Hills
Price:
$1,250,000
Estimated Monthly Mortgage:
$5,683/mo.
Listing Agent:
Preston, Matt
Listing Company:
Twiddy & Company - Corolla
Area:
Kill Devil Hills Oceanside
Subdivision:
None
Waterfront Location:
Oceanfront
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
8
Baths:
3 Full / 0 Partial
Heated Area:
2,385 Sq ft.
Year Built:
1936
Rental Co:
None
Rental Cottage Number:
 
Annual Income:
 
Map
Listing Agent
Matt Preston

Born and raised in Nags Head, Matt's love and knowledge of the area stems from his upbringing as a true Outer Banks native. He is excited to be a 3rd generation Outer Banks Real Estate Agent; both his father and grandfather were active members of the industry.

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