705 S Virginia Dare Trail, Kill Devil Hills, NC 27948

$3,400,000
10
BD
12
BA
6,232
SqFt
Sold Price
$3,400,000
List Price
$3,800,000
Closing Date
Nov 09, 2023
MLS#
123419
Status
(21) SOLD - SOLD CO OP BY MEMBER
Type
Single Family Residential
Property Type
Single Family Residence
Bedrooms
10
Bathrooms
12
Full-baths
10
Half-baths
2
Living Area
6,232

Property Description

It doesn’t get any better than this “LIVING THE DREAM” at this beautiful & luxurious well-appointed 10 bedroom (9 masters) oceanfront estate. ONLY the best amenities provided. Dune top gazebo with lighted beach boardwalk, (enjoy stunning sunrises and breath-taking ocean views), outdoor cabana, hot tub and heated pool. ELEVATOR, state of the art cinema movie theatre, top level open floor plan seamlessly blends the living room, dining and kitchen areas perfect for entertaining. Gourmet kitchen, recreation/game room offering what guests like best, pool table, foosball, big screen smart tv, equipped kitchenette/bar and more! The home has 14 Smart TV's as well as 1GB Spectrum Internet service, WiFi 6 mesh network. Exterior painting is ongoing maintenance as needed north and south sides painted 2022 E. and West 2020. That’s why it looks so great. CALL your investors, stellar rental income for past 12 years with a rate increase for 2024. Owner estimated income for 2024 $405,980! Owner’s top priority is excellence maintenance of this beautiful home, special attention to every detail! Over $178,000 invested in improvements since 2020: (3 new heat pumps, Pool resurfaced, new hot tub, New LTV flooring in 11 rooms, New smart TVs throughout, 2 Bosch dishwashers, hot water tank, new indoor and outdoor furniture with exquisite decor, new seating for theatre room..much more (see list provided in associated documents) Arabella has its own website which will be conveyed to new owner. *Saving benefits to owner. Energy Sentry system installed 2018 to qualify for Schedule 1-P Residential power rates; Dominion estimated 13.3% cost savings over first 4 years operations. Our guests’ comments put it best “The home was wonderful with everything we could possibly need …we had a perfect vacation”. “Beach was perfect, no crowds because there was no public beach access nearby Elevator was awesome”

Additional Information

Appliances
Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
Foundation
Piling, Slab
Lot Description
Beach Frontage, Level, Waterfront
Optional Rooms
Game Room, Home Theater
Pool
Yes
Roof
Asphalt, Metal
Style
Coastal
View
Ocean, Park/Greenbelt
Zip
27948
Year Built
2005
County
Dare
Rental Performance
0.1174

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Beach Realty & Construction- Corolla. Selling Office: .

Listed by Joanne Kepler

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