Listing provided courtesy of Keller Williams - Outer BanksMLS# 132298MLS ProviderContact Information: C: 828-200-4291
  • 94 days on site
  • 0 views

Welcome to your oceanfront opportunity in the heart of Nags Head! This spacious 8-bedroom, 5.5-bathroom coastal home sits on prime oceanfront real estate with incredible potential for the savvy buyer. The top floor features an open-concept design that showcases spectacular ocean views, creating an impressive space for entertaining and relaxation. Generating $178,305 in owner gross rents in 2025, this property shows strong income potential! This well-maintained property features solid bones with room for your personal touches. Step inside to unobstructed ocean views and the thoughtfully designed open-concept layout perfect for vacation rentals. The top-level living room offers comfortable space to relax, while the kitchen boasts granite countertops and stainless appliances with ample dining options including breakfast nook overlooking the ocean, formal dining, and bar seating. The mid-level deck features a hot tub overlooking the pool and protective dune - perfect for unwinding. Spacious bedrooms and smart layout create the ultimate vacation experience. The lower level game room with wet bar provides easy access to the pool and beach walkover. Recent major improvements include a new roof (2021), new pool heater (2022), fresh interior paint and most bedding, updated flooring throughout most of the home, and living room windows. Most windows and siding are original, offering an excellent opportunity to update and personalize to your taste. Prime location near OBX Fishing Pier, Fish Heads, restaurants, shops, and Outer Banks Mall. This property offers the perfect blend of coastal charm and rental-readiness, with cosmetic enhancement possibilities to truly make it your own. Don't miss this chance to own prime oceanfront real estate with proven rental history and room to add value through updates! Please note: The rear pool fence has been replaced with wooden fencing since photos were taken.

Source: Outer Banks MLS, MLS#: 132298

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential
  • Lot
    0.41 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    55
  • Population Density
    92
  • College Educated
    60%
  • Estimated Median Income
    $78,235
  • Estimated Total Home Owners
    1,060
  • Estimated Total Renters
    294
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    2,971
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 8721 S Old Oregon Inlet Road #Lot 8


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/4/2026Source: Outer Banks MLS Status Change
(10) Active - Active
4/12/2026Source: Outer Banks MLS Status Change
(30) Under Contract - Under Contract
3/27/2026Source: Outer Banks MLS Added to Database
March 27, 2026
3/27/2025Source: Outer Banks MLS Added to Database
March 27, 2025
3/27/2025Source: Outer Banks MLS Added to Database
March 27, 2025

This site uses cookies to improve your user experience. Continuing to browse means you accept our use of cookies. Our Privacy Policy.