Waterfront
Address
8721 S Old Oregon Inlet Road, Nags Head, NC
Price
$ 1,900,000
Property Attributes
  • MLS#132298
  • TypeSingle Family
  • Listing Status Active
  • CountyDARE
  • CityNags Head
  • AreaS. N.H. East-Old Oregon R
  • NeighborhoodHollywood Beach
  • Zip27959
  • StyleSingle Family - Detached
  • Year Built1998
  • Taxes$ 12357
  • Price$ 1,900,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage3898
  • Lot Size0.41 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description

Welcome to your oceanfront opportunity in the heart of Nags Head! This spacious 8-bedroom, 5.5-bathroom coastal home sits on prime oceanfront real estate with incredible potential for the savvy buyer. The top floor features an open-concept design that showcases spectacular ocean views, creating an impressive space for entertaining and relaxation. Generating $178,305 in owner gross rents in 2025, this property shows strong income potential! This well-maintained property features solid bones with room for your personal touches. Step inside to unobstructed ocean views and the thoughtfully designed open-concept layout perfect for vacation rentals. The top-level living room offers comfortable space to relax, while the kitchen boasts granite countertops and stainless appliances with ample dining options including breakfast nook overlooking the ocean, formal dining, and bar seating. The mid-level deck features a hot tub overlooking the pool and protective dune - perfect for unwinding. Spacious bedrooms and smart layout create the ultimate vacation experience. The lower level game room with wet bar provides easy access to the pool and beach walkover. Recent major improvements include a new roof (2021), new pool heater (2022), fresh interior paint and most bedding, updated flooring throughout most of the home, and living room windows. Most windows and siding are original, offering an excellent opportunity to update and personalize to your taste. Prime location near OBX Fishing Pier, Fish Heads, restaurants, shops, and Outer Banks Mall. This property offers the perfect blend of coastal charm and rental-readiness, with cosmetic enhancement possibilities to truly make it your own. Don't miss this chance to own prime oceanfront real estate with proven rental history and room to add value through updates! Please note: The rear pool fence has been replaced with wooden fencing since photos were taken.

Price History
3/27/2026 Listed $1,999,000
7/31/2026 5$1,900,000

General Features

Zoning R2
Subdivision Hollywood Beach
County Dare
Class RESIDENTIAL
Type Single Family - Detached
Area S. N.H. East/Old Oregon R
Block 1
Ownership Owned More than 12 Months
Section 5
Waterfront Features 1
Status Active
HOA No
City Nags Head
Taxes 12357.33
DOM 153
Flood Zone VE

Interior Features

Total Bedrooms 8
Full_Baths 5

Exterior Features

Pool Yes
Waterfront Location Oceanfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 27959

Price
AVG $1.16M
$1.9M
Taxes
AVG $5,228
$12,357
Year Built
AVG 1991
1998
Visits
AVG 169
147
Data Provided by Inside Real Estate®

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