5102 S Virginia Dare Trail #Lot 11 $1,874,000

Welcome to Blue Paradise, a stunning 8-bedroom semi-oceanfront retreat in Nags Head, NC, perfect for multiple families and group vacations. This SEMI-OCEANFRONT home with Ocean Views is located within the VILLAGES AT NAGS HEAD with private community beach access with bathrooms, showers, and parking! This home features 8 bedrooms, 7 OF WHICH ARE ENSUITES (each with their own bath) with many offering private decks! This home has tons of amenities including a heated pool, hot tub, pool lounge chairs, outdoor shower, a theater room with a 75” smart TV and leather recliners, a game room with pool table, arcade games, poker table. The great room located on the top floor features high ceilings, a fireplace, a remodeled kitchen which includes stainless steel appliances, two dishwashers, and large new kitchen island and dining which seats 14 along with a comfortable living room and ocean-view deck. The home is centrally located near numerous restaurants and shops and has earned a 9.8+ guest rating for cleanliness, décor, and overall experience! The house underwent an extensive remodel in 2024 including new flooring in all bedrooms, new furniture throughout the home including mattresses and bedding, a remodeled kitchen with island, and remodeled bathrooms; in 2025 a pool heater was added and an AC unit was replaced, and in 2026 a NEW FORTIFIED CEDAR SHINGLE ROOF! This property books quickly for summer, holidays, and long weekends, grossing over $216K in annual rental income, making it an excellent opportunity for both personal enjoyment and rental performance! Year to date gross rental income for 2026 as of 2/23/26 is $162,787. Per seller, "the house continues to drive positive Average Daily Rate growth, which has been a consistent trend since the renovation. In fact, versus last year, some months are showing ~30-40% rent growth over last year which is incredibly strong."

This listing is provided courtesy by Catherine Strachan, Brindley Beach Vacations & Sales-Duck