




5507 S Virginia Dare Trl Unit 103-S, Nags Head, NC, 27959
About This Home
“A Wave from it All” – The Ultimate Oceanfront Escape The name says it all! Welcome to your newly renovated, spacious 3-bedroom, 2.5-bath oceanfront sanctuary. Located with convenient elevator access, this condo makes your arrival effortless—so you can relax the moment you walk through the door. Enjoy the open-concept layout, designed for gathering with friends and family. The sun-drenched living area has room for everyone while the fully equipped kitchen flows seamlessly into the dining space. The crown jewel is the oceanfront deck; overlooking the pool, it’s the perfect spot to sip your morning coffee, get lost in a book, or enjoy a sea-breeze nap on the comfortable outdoor furniture. Wait until you see the massive luxurious ensuite, a true private retreat, featuring a dedicated sitting area with a desk, direct deck access, and a beautifully updated ensuite bath. Prime Nags Head Location. Centrally located at Milepost 14.5, you’re just steps from the sand and minutes from the best of the Outer Banks.
Getting Around
Schools
Construction
Condition
- Year built: 1987
Materials
- Foundation: Masonry
- Construction materials: Block,Masonry
Type & Style
- Home type: Condo
- Property subType: Condominium,Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Features
- Wet Bar
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,770
- Total interior livable area: 1,770 sqft
Property
Details
- Zoning: CR
Features
- Pool features: Outdoor Pool,In Ground,Association
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- On waterfront: Yes
- Waterfront features: Ocean Front,Beach Front,Waterfront
Lot
- Lot size: 1,742 sqft
- Features: Beach Frontage,Waterfront
Parking
- Parking features: Parking Lot,Paved,Off Street,Underground
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Winter Weather
- Inland Flooding
- Strong Wind
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Dare County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,231 | $38,772 |
| Home Insurance * | $218 | $2,616 |
| Property Taxes | $271 | $3,252 |
| Electricity | $200 | $2,405 |
| Total | $3,920 | $47,040 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Price change | $639,000 |
| 2026-05-28 | Price change | $649,000 |
| 2026-04-04 | Listed for sale | $679,000 |
| 2026-04-04 | Listing removed | $699,900 |
| 2026-01-23 | Price change | $699,900 |
| 2025-10-10 | Listed for sale | $710,000 |
| 2025-10-09 | Contingent | $710,000 |
| 2025-10-03 | Price change | $710,000 |
| 2025-10-01 | Listed for sale | $735,000 |
| 2025-09-16 | Contingent | $735,000 |
| 2025-07-28 | Price change | $735,000 |
| 2025-04-04 | Listed for sale | $749,900 |
| 2022-04-18 | Sold | $549,900 |
| 2022-03-16 | Contingent | $549,900 |
| 2022-03-02 | Listed for sale | $549,900 |
| 2018-11-30 | Sold | $411,500 |
