5515 S Virginia Dare Trail Unit B-1, Nags Head, NC 27959
Local realty services provided by:CENTURY 21 Nachman Realty
5515 S Virginia Dare Trail Unit B-1,Nags Head, NC 27959
$395,000
- 2 Beds
- 2 Baths
- 912 sq. ft.
- Condominium
- Active
Listed by: brittany johnston
Office: keller williams - outer banks
MLS#:132512
Source:NC_OBAR
Price summary
- Price:$395,000
- Price per sq. ft.:$433.11
About this home
Positioned for strong rental performance, this sand dune-protected, oceanfront condo in the highly sought-after Admiral’s View community in Nags Head offers an exceptional investment opportunity on the Outer Banks. This 2-bedroom, 2-bath unit combines prime oceanfront positioning with low-maintenance ownership—an ideal addition to any short-term rental portfolio. The property features direct beach access and an open-concept living area enhanced by new east-facing windows and outdoor decking, maximizing guest appeal with unobstructed sunrise views. Recent capital improvements—including a new heat pump (2021), durable LVT flooring, stainless steel appliances, granite countertops, and updated bathrooms—help minimize near-term maintenance costs while supporting premium rental rates. Overlooking the community’s oceanfront pool and expansive sun deck, the unit offers the amenities today’s vacation renters prioritize. Its walkable location near popular restaurants, shops, and key attractions like Jockey’s Ridge and Jennette’s Pier further strengthens occupancy potential and seasonal demand. With a projected gross rental income of $65,000, this property delivers a compelling blend of consistent cash flow, strong guest appeal, and long-term appreciation in one of the Outer Banks’ most desirable oceanfront communities. Overlooking the community’s oceanfront pool and expansive sun deck, this condo puts relaxation front and center. Step outside and you’re just a short stroll from top local restaurants, cafés, and boutique shops, with iconic Outer Banks attractions like Jockey’s Ridge and Jennette’s Pier only minutes away. Whether you’re searching for a second home, a high-performing investment property, or a personal beachside escape, this condo delivers. With an advertised projected gross rental income of $65,000, it offers a rare combination of prime oceanfront location, laid-back coastal lifestyle, and strong income potential—all on one of the most sought-after stretches of the Outer Banks....
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Home facts
- Year built:1980
- Listing ID #:132512
- Added:57 day(s) ago
- Updated:June 10, 2026 at 03:08 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Granite, Microwave, Range/Oven, Refrigerator
- Living area:912 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Roof:Rubber
- Year built:1980
- Building area:912 sq. ft.
- Construction Materials:Vinyl
- Foundation Description:Frame, Piling, Wood
Utilities
- Water:Municipal
- Sewer:Community Septic
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$433.11
- Tax amount:$1,972
Features and amenities
- Appliances:Range/Oven
- Amenities:Beach Access, Ceiling Fan(s), Common Area, Common Laundry Area, Covered Decks, Dumbwaiter/Lift, Granite, Ocean Access, Outdoor-Comm. Pool
- Pool features:Association, Association Pool, In Ground, Outdoor
Parking
- Parking description:Off Street, Parking Lot
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