MLS # 102812
4040 S Virginia Dare Trail
Nags Head, NC 27959
$309,000
 
Bedrooms
Bathrooms
15,000
Sq. Ft.

About This Property

CALLING BUILDERS & any clients dreaming of a piece of Old Nags Head! Just look right up the strip see potential with two adjoining lots offered for sale together! Property recently subdivided new 2018 value now shown on Dare parcel sheet $253,600 est tax apprx $1952 for Town & Dare. 9 Sellers 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. *Adjacent LOT 20 also listed 99654 Sellers wish to sell both lots together contact agent for details.* C-2 Zoning Highest & Best use Residential. per Town planning each lot support up to 3499 sq foot. Recent comps were half the size of this lot! Resort rental projections reflect conservative estimate 5 BR with pool potential 56-59k.

Property Details

MLS:
102812
Address:
4040 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
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