4623 S Pamlico Way Lot 57, Nags Head, NC, 27959
About This Home
Rare canal-front opportunity in the highly sought-after Old Nags Head Cove community! This well maintained 3-bedroom, 2-bath home offers the ultimate blend of coastal charm and modern security, featuring a new Fortified Roof (2025) and an X Flood Zone designation for maximum peace of mind. The interior radiates warmth with stunning tongue-and-groove ceilings, exposed wooden beams, a gas fireplace, and gorgeous hardwood floors (2022). The heart of the home is a beautifully refreshed kitchen (2023) boasting granite countertops, luxury vinyl flooring, and custom built-in nook seating with integrated storage. Designed for the waterfront lifestyle, the layout includes a dining room and den that flow seamlessly to a screened-in porch and wrap-around gated decks. Retreat to the second floor that includes 3 bedrooms and 1 bath. The primary bedroom offers a private west-facing balcony for legendary OBX sunsets, while an additional bedroom on East side features its own sunrise deck. The outdoor space is a true sanctuary, featuring a large canal front lot, fenced-in yard, private dock with a fish-cleaning station, a fire pit, and a lush "edible landscape" of mature fig, pomegranate, and raspberry trees. With a walkout basement workshop, along with the outside shower & storage, dual driveways for boat/RV parking and access to community boat ramps and pickleball, this property is the perfect hub for Outer Banks living. The community pool is optional with additional fee. Located less than a mile from the ocean and minutes from Jockey’s Ridge, the sound, shopping, medical facilities and world-class dining!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1973
Materials
- Foundation: Pillar/Post/Pier
- Construction materials: Frame,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Nags Head,Coastal
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Range,Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Oven,Washer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Beamed Ceilings,Walk-In Closet(s)
- Flooring: Carpet,Vinyl,Wood
Heating & Cooling
- Heating features: Central,Electric,Heat Pump,Zoned
- Cooling features: Central Air,Heat Pump,Zoned
Interior Area
- Total structure area: 2,911
- Total interior livable area: 2,095 sqft
Property
Details
- Zoning: R2
Features
- Pool features: Association
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal Front,Waterfront
Lot
- Lot size: 8,712 sqft
- Features: Waterfront
Parking
- Parking features: Off Street
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 | $3,261 | $39,132 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $274 | $3,288 |
| Electricity | $200 | $2,405 |
| Total | $3,955 | $47,460 |
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 |
|---|---|---|
| 2026-05-12 | Price change | $695,000 |
| 2026-04-27 | Listed for sale | $720,000 |
| 2018-05-17 | Sold | $398,999 |
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