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Approved Cottage Court Development Land
For Sale
$1,200,000

7222 S Virginia Dare Trl, Nags Head, NC 27959

Land parcel fully approved in 2018 for a six-house cottage court with pool, offering ocean and sound views.

Property SizeContact for details
Days on Market759

Property Features for 7222 S Virginia Dare Trl

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,710

Amenities

pool
Listing Agency: Village Realty Holdings, LLC - NH
Listed By: Edward Goodrich
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 17 at 11:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty Holdings, LLC - NH

Investment Insights

Based on property information with market context.

This parcel is fully approved (2018) for “Jennette’s Cottages,” a cottage court concept consisting of 6 houses with 24 bedrooms and a pool. The approval supports a multi-unit cottage court configuration on a development-ready tract with great ocean and sound views.

Located at 7222 S Virginia Dare Trl in Nags Head, the site sits directly across the street from Jennette’s Pier and directly adjacent to Sam & Omie’s Restaurant. The property extends from Beach Road to US 158.

As stated in the public remarks, there have been no significant changes to the Town Code affecting this type of development approval.

Key Highlights

  • Fully approved in 2018 for a cottage court development known as “Jennette’s Cottages.”
  • Approved for 6 houses with 24 bedrooms, plus a pool.
  • Land parcel extends from Beach Road to US 158.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Auto Parts Store Dental Office Cafe & Coffee Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 27959, NC

3,182
Population
5,214
Households
0.6
Avg Household Size
54
Median Age
51%
College-Educated
96%
High-School Grad
14.7 sq mi
ZIP Area
216
Density / Sq Mi
$87,619
Median Household Income
$46,213
Median Earnings
$1,005
Median Rent
$451,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Land parcel fully approved in 2018 for a six-house cottage court with pool, offering ocean and sound views.
Where is this waterfront land located?
The property is located at 7222 S Virginia Dare Trl Nags Head, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully approved in 2018 for a cottage court development known as “Jennette’s Cottages.”; Approved for 6 houses with 24 bedrooms, plus a pool.; Land parcel extends from Beach Road to US 158.
More about this property
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