8809 B S Old Oregon Inlet Road , Unit3 Lot4&5

Description

MARINER'S LANDING SINGLE FAMILY HOME WITH CONDO OWNERSHIP BY DESIGN! IN SOUTH NAGS HEAD THERE ARE SEVERAL "COTTAGE COURTS" THAT WERE DEVELOPED IN THE LATE 70'S AND EARLY TO MID 80'S THAT WERE OWNED BY A SINGLE INDIVIDUAL OR ENTITY *** THE LAND SIZE WAS/IS TYPICALLY 100 FEE ON THE OCEAN BY 500-600 FEET DEEP * ON THESE LAND TRACTS WERE BUILT 4-6 HOMES. THEN WHEN THE OWNERS DECIDED TO SELL THEIR PROPERTY, IN ORDER TO MAXIMIZE THE VALUE OF THE PROPERTY THEY "CONDOMINIUMIZED" THE LAND AND HOMES SO THAT EACH COTTAGE COULD THEN BE SOLD INDIVIDUALLY. WITHIN MARINERS LANDING THERE ARE 4 COTTAGES. *** THE LAND TRACT IS OCEANFRONT - SO THE 4 COTTAGE OWNERS COLLECTIVELY OWN THE OCEANFRONT LAND TRACT ON WHICH THE 4 COTTAGES ARE SITUATED! *** EACH COTTAGE HAS USE AND ENJOYMENT OF THE COMMON AREA, AND EACH COTTAGE HAS ITS OWN LIMITED COMMON AREA FOR ITS OWN USE - PARKING, YARD, ETC. *** THIS HOME IS SEMI-OCEANFRONT WITH AN PERMANENT UNOBSTRUCTED OCEAN VIEW THAT YOU CANNOT FIND IN THIS VALUE RANGE *** ONCE YOU WALK OUT THE DOOR YOU CAN BE SITTING IN YOUR FAVORITE CHAIR ON THE BEACH IN 1 MINUTE! THIS HOME IS LOCATED IN SOUTH NAGS HEAD ACROSS FROM THE FIRE STATION - A GREAT LANDMARK AND GREAT TO HAVE SO CLOSE *** HOME FEATURES 4 BEDROOMS AND 2 BATHS TYPICAL DESIGN OF THE DAY * THERE IS AN OPEN UPPER LEVEL LIVING AREA GREAT ROOM *** SELLERS HAVE MADE SOME UPDATES THROUGHOUT ... GREAT OPPORTUNITY FOR THE NEXT OWNER TO PICK UP WHERE THE SELLERS LEFT OFF *** HOME WOULD MAKE A GREAT RENTAL OR SECOND HOME *** ITS QUIET AND YET CLOSE TO EVERYTHING! THE OUTLET SHOPS ARE JUST A FEW MINUTES DRIVE ... BASNIGHTS FOR DINNER, DOWNTOWN MANTEO FOR SHOPPING AND OREGON INLET FOR FISHING - ALL JUST MINUTES AWAY! MORE INFORMATION TO COME *** ... COME SEE!