4401 S Virginia Dare Trail Unit Lot: C UTS 1, Nags Head, NC 27959

$2,300,000

Classic Nags Head Oceanfront Duplex Rare Luxury Investment Opportunity on the OBX Discover a rare oceanfront investment opportunity in the heart of Nags Head—a timeless Old Nags Head–style duplex offering two oceanfront residences in one exceptional property. Perfectly positioned along one of the most desirable stretches of the… Read More Outer Banks, this classic coastal home blends historic beach cottage charm with the income potential savvy investors seek. Wrapped in weathered cedar shingles and expansive covered porches, this iconic property captures the authentic spirit of the Outer Banks while delivering unobstructed Atlantic Ocean views and direct private beach access just steps from your door. Each side of the duplex functions as its own private oceanfront retreat, featuring open-concept living spaces designed to frame the endless ocean horizon. Large windows and inviting living areas create a relaxed coastal atmosphere where the rhythm of the waves becomes part of daily life. After a day on the beach, unwind in the private hot tubs while listening to the surf and enjoying ocean breezes under the stars. What truly sets this property apart is its versatility and powerful investment potential. With two separate oceanfront residences, owners have the flexibility to: • Maximize rental income by leasing both homes • Live in one side while generating revenue from the other • Create a multi-generational oceanfront family retreat • Hold as a legacy coastal asset in one of the OBX’s most desirable markets Oceanfront properties with this classic architecture, location, and income potential are becoming increasingly rare along the Outer Banks. The property is ideally located just minutes from restaurants, shopping, fishing piers, and entertainment in Nags Head, while still offering the privacy and serenity that oceanfront buyers crave. For investors, this property represents more than just a beach house—it’s a luxury coastal asset with built-in revenue potential and long-term appreciation in one of the East Coast’s most iconic beach destinations. Whether you envision sunrise coffee on the porch, strong rental performance, or creating a legacy family beach compound, this classic Nags Head oceanfront duplex delivers the best of the Outer Banks lifestyle and investment value. Opportunities to own a property like this on the oceanfront are becoming increasingly scarce. Read Less

Courtesy of Michael Siers, Howard Hanna Outer Banks Realty.

Listing Snapshot

Days Online

Last Updated

Apr 14, 2026

Property Type

Townhouse

Beds

Full Baths

Square Ft.

5,583

Year Built

1983

MLS Number

132121

Additional Details

Appliances & Equipment

2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Refrigerator, Range/Oven, Washer

Building

18,000 approx lot sqft

Cooling

Heat Pump

Expenses

Cable or internet expense: $2,375

Exterior Features

Shakes, Wood

Foundation

Piling

Water Features

Municipal

Heating

Heat Pump

Income

Estimated annual rental income amount: $260,742

Interior Features

Ensuite

Lot

0.41 acres

Parking

Off Street

Property

Zoning: CR

Roof

Asphalt/Fiber Shingle

Taxes

Taxes: $12,341, Tax year: 2025

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4401 S Virginia Dare Trail Unit Lot: C UTS 1

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