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Listing Details For 5515 S Virginia Dare Trail in Nags Head

Asking Price:
$397,000
5515 S Virginia Dare Trail, Nags Head, NC 27959
2 bd
2 ba
0 sq ft
MLS #: 131008
Status: Active

Listing Information

Area: Nags Head Oceanside
Mls Status: Active
Days On Market: 118
Cumulative Days On Market: 207
Listing Price: $397,000
Original Listing Price: $400,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/27/2026
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 912
Total Living Area Sq Ft: 912
Asking Price Per SqFt: $435.00
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 1980
Garage: None
Sub Type: Condominium
Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
Roof: Rubber
Parking: Parking Lot, Off Street
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Outdoor Pool, In Ground, Association
Counter Tops: Granite
Cooling: Heat Pump
Heating: Heat Pump
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Admirals View
Subdivision Name: Admirals View Condominium
Deed Book: 2271
Deed Book Page Number: 528
County Pin Number: 080118315552B1
Price Change: 2/26/2026
Road Surface: Paved, Public
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Common Area

Lot Details

Land Tax Value: $130,000.00
Total Assessed Value: $270,000.00
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $1,972.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 11/6/2025
Estimated Annual Fee Amt: $17,440.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Dumbwaiter/Lift
Fuel Tanks: None
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: 252-441-8857

Rental Income

Estimated Annual Rental Income: $65,000.00
Rental Performance: 0.1637
Gross Income YTD Amt: $NaN
Owner Rental Income 2026 Amount: $NaN
Avertised Income 2026 Amount: $NaN
Owner Rental Income 2025 Amount: $17,995.00
Avertised Income 2025 Amount: $NaN
Owner Rental Income 2024 Amount: $NaN
Avertised Income 2024 Amount: $NaN
Owner Rental Income 2023 Amount: $NaN
Avertised Income 2023 Amount: $NaN
Owner Rental Income 2022 Amount: $NaN
Avertised Income 2021 Amount: $NaN
Owner Rental Income 2021 Amount: $NaN
Avertised Income 2021 Amount: $NaN

Listing Agent Remarks

Wake up to ocean breezes and the sound of the surf in this sand dune-protected, oceanfront condo in the highly desirable Admiral’s View community in Nags Head. Designed to capture the essence of coastal living, this bright and airy 2-bedroom, 2-bath retreat offers direct beach access, and effortless seaside charm. Inside, an open-concept living area is filled with natural light thanks to new east-facing windows that open onto outdoor decking—perfect for sunrise coffee or evening cocktails. Recent upgrades elevate both style and comfort, including a new heat pump (2021), durable LVT flooring throughout, stainless steel appliances, granite countertops, and beautifully remodeled bathrooms, one featuring a custom tile shower. 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.

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 5515 S Virginia Dare Trail in Nags Head is provided courtesy of Keller Williams - Outer Banks C: 252-489-1890. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 5515 S Virginia Dare Trail in Nags Head is no longer available for sale.

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