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9507 S Old Oregon Inlet Rd Lot 13, Nags Head, NC, 27959

8beds
10baths
5,128sqft
$2,750,000
$536price/sqft
$16,490/moest. monthly cost
$659,600/yrincome needed

About This Home

Compelling 8-bedroom oceanfront investment opportunity in South Nags Head This vacation rental is designed to attract large groups and maximize rental performance, featuring eight private ensuite bedrooms—a highly desirable layout for today’s vacation guests. The top level showcases an open-concept great room with a dramatic wall of windows framing ocean views, a seasonal fireplace, and a well-equipped kitchen with granite countertops and stainless appliances, 2 wall ovens, 2 dishwashers —perfect for entertaining. An ELEVATOR provides convenient access to all levels, an important feature for guest comfort and accessibility. Entertainment-focused amenities enhance the home’s rental appeal, including a mid-level theater room for movie nights and a ground-level rec room with pool table, arcade game, kitchenette/bar area and lounge space for gathering. Outdoors, guests enjoy a private heated pool, poolside hot tub, and east-facing decks on all three levels capturing sunrise views and ocean breezes. Additional features include a ground-floor kitchenette, cabana bath with direct pool access, outdoor shower, two laundry areas, gas grill, and a private walkway to the beach. With its oceanfront location, elevator, theater room, and eight ensuite bedrooms, Simply Paradise offers a strong opportunity for investors seeking a high-demand Outer Banks vacation rental. Schedule your showing with us or your agent on Sundays!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Manteo Elementary SchoolGrades PK-56.2 mi
7/10
Manteo Middle SchoolGrades 6-86.8 mi
7/10
Manteo High SchoolGrades 9-126.3 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding,Cement Fiber Board

Type & Style

  • Home type: SingleFamily
  • Architectural style: Reverse Floor Plan,Coastal
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Refrigerator,Oven,2nd Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 10
  • Full bathrooms: 9
  • Partial bathrooms: 1

Features

  • Cathedral Ceiling(s),Pantry

Heating & Cooling

  • Heating features: Heat Pump,Zoned
  • Cooling features: Heat Pump,Zoned

Interior Area

  • Total structure area: 5,128
  • Total interior livable area: 5,128 sqft

Property

Details

  • Zoning: R2
  • Other equipment: Home Theater

Features

  • Private pool: Yes
  • Pool features: Outdoor Pool,In Ground,Fiberglass,Heated,Private
  • Has view: Yes
  • View description: Ocean,Sound
  • Has water view: Yes
  • Water view: Ocean,Sound
  • On waterfront: Yes
  • Waterfront features: Ocean Front,Beach Front,Waterfront
  • Frontage length: Water Frontage: 63

Lot

  • Lot size: 0.48 Acres
  • Features: Beach Frontage,Waterfront

Parking

  • Parking features: Paved,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
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Winter Weather
Inland Flooding
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Dare County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $13,905$166,860
Home Insurance *$940$11,280
Property Taxes $1,168$14,016
Electricity $477$5,731
Total$16,490$197,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$565,371/yr
40% on housing$494,700/yr
45% on housing$439,733/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$536This listing

vs Other Active Listings

Avg $/sqft

ZIP 27959$393
Dare County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 27959$383
Dare County$373

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

DateEventPrice
2026-07-01Listed for sale$2,750,000
2026-05-06Listing removed$2,750,000
2026-04-17Price change$2,750,000
2026-03-12Listed for sale$2,775,000

For Sale by Agent

AgentStacey H Baittinger
BrokerageCarolina Designs Realty

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