2435 S Virginia Dare Trail, Nags Head, NC 27959

$54,000
4
BD
3
BA
2,168
SqFt
Sold Price
$54,000
List Price
$56,500
Closing Date
Nov 03, 2017
MLS#
96451
Status
SOLD
Type
Single Family Residential
Property Type
Co-Ownership (5 Weeks +)
Bedrooms
4
Bathrooms
3
Full-baths
3
Living Area
2,168
Neighborhood
Five Seasons

Property Description

Wonderful opportunity to own on the Nags Head Oceanfront 5 weeks every year! Enjoy headache-free fractional ownership where one monthly fee of $308 covers electricity, water/sewer, taxes, insurance, maintenance, housekeeping, cable, internet and phone! This true Nags Head style cottage with amazing oceanfront views has an ideal location near great shopping/dining, walking distance to Red Drum Restaurant and Farm Dog Surf School, plus a short drive to all of the popular Outer Banks tourist attractions. This is a co-ownership with 1/10 ownership, therefore this is a cash purchase only. Financing is not available for this type of property. Spacious master suite overlooking the ocean with a private deck. 3 additional guest bedrooms for family and friends. Live on the oceanfront worry-free and without the heavy costs and burden of 100% ownership. The five week schedule rotates every year among all 10 owners. 2 weeks each year are blocked and the house is closed for annual maintenance and deep cleaning.

Additional Information

Air Conditioning
Central
Appliances
Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Association Fee Includes
Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Sewer/Septic, Taxes, Water, Walkways
Construction
Wood
Siding
Shakes
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck
Foundation
Piling
Garage
Attached, 1 Car
Heating
Electric, Heat Pump
Interior Features
All Window Treatments, Dryer Connection, Master Bath, Wet Bar, Wood Fireplace
Lot Description
Beach Frontage
Possession
At Closing
Roof
Asphalt/Fiber Shingle
Sewer
Community Septic
Style
Nags Head
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Five Seasons
Year Built
1983
Annual Fee
3696
Directions
MP 10.5 Oceanfront
Association Fee
Yes
County
Dare
Furnishings Available
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Village Realty Holdings, Llc - Nh. Selling Office: Coldwell Banker-Seaside Realty.

Listed by Jessica Evans

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