5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
5515 S Virginia Dare Trail, Unit b-1, Nags Head, NC 27959
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$ 380,000
Est. payment | /mo

2 Beds

2 Baths

912 SqFt


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$ 380,000
Est. payment | /mo
Save

2 Beds

2 Baths

912 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 912 sqft

Price per Sqft $416

Subdivision Admirals View

MLS Listing ID 133276

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1980

Tax Year 2024

Property Sub-Type Condo

Property Description

Experience the best of Outer Banks oceanfront living and investment potential at Admiral's View in the heart of Nags Head. This beautifully updated 2-bedroom, 2-bath oceanfront condo offers the rare combination of breathtaking views, direct beach access, and impressive income-producing capability, making it an exceptional opportunity for investors and coastal lifestyle seekers alike.

Perfectly positioned behind protective dunes, this turn-key condo showcases Ocean views, abundant natural light, and an open-concept floor plan designed to maximize comfort and guest appeal. New east-facing windows and updated decking create the perfect setting to enjoy spectacular sunrises over the water, while recent upgrades—including a new heat pump (2021), luxury vinyl plank flooring, stainless steel appliances, granite countertops, and renovated bathrooms—provide modern coastal style with minimal maintenance concerns.

Guests and owners alike will appreciate the community's oceanfront pool, expansive sun deck, and easy beach access just steps away. Located within walking distance of popular restaurants, shops, and local favorites, and only minutes from iconic attractions such as Jockey's Ridge and Jennette's Pier, this location consistently attracts vacationers year after year.

With a projected gross rental income of $65,000, this property offers a compelling opportunity to generate strong returns while enjoying personal beach getaways whenever you choose. Whether you're expanding your investment portfolio, searching for a second home, or fulfilling your dream of owning oceanfront property on the Outer Banks, this condo delivers exceptional value, strong rental performance, and an unbeatable coastal lifestyle in one of Nags Head's most desirable oceanfront communities.

Location

State NC

County Dare

Area Nags Head Oceanside

Zoning CR

Interior

Heating Heat Pump

Appliance Dishwasher, Microwave, Range/Oven, Refrigerator

Exterior

Exterior Feature Vinyl

Parking Features None

Pool Outdoor, In Ground, Association Pool

Waterfront Description Oceanfront

View Y/N Yes

View Ocean

Roof Type Rubber

Private Pool Yes

Building

Lot Description Beach Frontage, Water Frontage

Foundation Piling

Sewer Community Septic

Water Municipal

Others

Ownership Owned More than 12 Months

Outer Banks MLS (OBMLS)
Listed by Brittany Johnston Keller Williams Outer Banks KDH C: 252-489-1890

NEARBY SCHOOLS & PROPERTIES

Mark Pearson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 573-9198

mark@obxlivingteam.com

5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States

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5515 S Virginia Dare Trail, Unit b-1