10433 S OLD OREGON INLET ROAD, NAGS HEAD, NC 27959

10433 S Old Oregon Inlet Road
Nags Head, NC 27959

$1,955,000

Beds: 8
Baths: 8 | 2
Sq. Ft.: 5,008
Listing #89684
THE NUMBERS LOOK REALLY GOOD ON THIS OCEANFRONT INVESTMENT HOME OVER $200K IN RENTALS FOR 2016. 2015 IMPROVEMENT...EXPANDED BACK YARD POOL AREA. THREE TIMES THE AMOUNT OF FENCED AREA WITH LUSH LANDSCAPING A LARGE DECK AREA WITH SUN SHADE SAILS. PLENTY OF ROOM FOR OUTDOOR FUN! Lots of privacy down near the end of the beach in South Nags Head. Great wide beach on you own quiet traffic free Atlantic Oasis! Malaika is a Swahili word for angel and this 5,000 sq. ft. 8 Bedroom 8 Bath custom beach home lives up to it's name. Exquisite upgrades and amenities abound in this heavenly Outer Banks home. Only the best will do which is why Malaika's is outfitted with only top of the line furnishings, appliances and electronics - like the gourmet kitchen, or the LCD plasma TVs in every master suite, or the custom home theater. An indoor bar in the game room, complete with icemaker, dishwasher, microwave and full size refrigerator opens to the deck area leading to the pool. The deck offers an enclosed shower for your convenience when coming from or going to the pool area and the beach. The picnic tables on the pool deck mean you never have to leave the pool area to enjoy a sit-down meal. There is even a children's wading pool for the littlest angels. The master suites offer nothing short of heavenly repose, with each suite each having direct deck access and commanding magnificent views of the ocean, the dunes and the sound. The Grand Master Suite comes with a gas fireplace, a glorious master bath fitted with a glass-block enclosed shower and a Jacuzzi tub - where you can decompress. The light-filled Great Room with vaulted ceilings is an oasis of tranquility that offers divine and unparalleled views of the Atlantic surf. Malaika's invites you to savor a slice of paradise this side of eternity. New heat pump 2014 and 2016 New carpet 2016.
Property Features
Location Information
County: Dare
MLS Area: S. N.H. East/Old Oregon R
Subdivision: Dr. J Crawford
Directions: Almost the last house on OOI Rd
Interior Features
Interior: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Master Bath, Wet Bar
Heating: Central, Heat Pump
Cooling: Central, Heat Pump
Floors: Carpet, Ceramic Tile, Wood
Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
Furnishing Available: Yes
Exterior Features
Style: Reverse Floor Plan, Coastal
Construction: Frame
Exterior: Cement Fiber Board
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Private Septic
Water Access: Municipal
Has a Pool: yes
Pool Description: Outdoor, Concrete, Heated, Private Pool
Lot Description: Beach Frontage, Water Frontage
Lot Size in Acres: 0.861
Lot Size in Sq. Ft.: 37, 500
Waterfront Description: Oceanfront
View Description: Ocean, Park Serv/Preserve
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: Yes
Bill of Sale: Bill of Sale In: Yes
Income: Current Year Owner Rental Income: 209353, Current Year Gross Rental Income: 224053, Previous Year Owner Rental Income: 177525, Previous Year Gross Rental Income: 187675, Other Previous Year Owner Rental Income: 169720, Other Previous Year Gross Rental Income: 177520, Annual Rental Income: 224053
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 2008
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $1955000
HOA Fee: 0
HOA Fee: No
Tax Year: 2015
Tax Amount: 14, 179.39
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Gazebo, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Storage Shed, Sun Deck


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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Barry Breit
Broker: Carolina Designs Realty, Inc.
800-368-3825 ext. 6258

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Outer Banks data last updated at March 29, 2017 9:56 AM ET