MLS # 99654
4038 S Virginia Dare Trail
Nags Head, NC 27981
$309,000
 
Bedrooms
Bathrooms
15,000
Sq. Ft.

About This Property

Property recently subdivided to just Lot 20 so 2017 TAXES still reflect both lots, new value shown on Dare parcel sheet $253,600 est tax comes to apprx $1945 for Town & Dare. Sellers 9 cousins find in broker notes as TIC & Sellers are filing Restrictive Covenant on Lot limiting to single family residential usage. Covenant will be added to assoc docs once complete, currently being drafted. *Adjacent LOT 21 coming to MLS 11/25/18 also listed @ $309,000 Sellers wish to sell both lots together contact agent for details.* C-2 Zoning Highest & Best use Residential. Lot per Town planning will support up to 3499 sq foot. Recent comps were half the size of this lot! Resort rental projections soon added in docs, reflect conservative estimate 5 BR with pool potential 56-59k.

Property Details

MLS:
99654
Address:
4038 S Virginia Dare Trail
Town:
Nags Head
Price:
$309,000
Estimated Monthly Mortgage:
$1,405/mo.
Listing Agent:
Silver, Brim
Listing Company:
Resort Realty - NH
Area:
Nags Head between hwys
Subdivision:
R B Etheridge
Waterfront Location:
Semi-Oceanfront (2nd row)
Oceanside Location:
 
Soundside Location:
 
Lot Size:
15000 sq ft
Map
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