503 N Virginia Dare Trail, Unit 5

$559,900
Price
2
Beds
1,052 Sq. Ft.
$532 / Sq. Ft.
1,052
Sq. Ft.
$532
per Sq. Ft.

Description

Oceanfront Gem in the Heart of the Outer Banks! Welcome to Sand Castle Condos—an exclusive 9-unit community perched on 100' of elevated oceanfront, a wide beach and huge protective dune. This beautifully maintained 2BR/2BA condo offers panoramic ocean views and direct beach access only steps from your private oceanside covered deck. Located across from the iconic Wright Brothers Monument, enjoy stunning vistas in every direction. The open-concept great room is filled with natural light from windows...Oceanfront Gem in the Heart of the Outer Banks! Welcome to Sand Castle Condos—an exclusive 9-unit community perched on 100' of elevated oceanfront, a wide beach and huge protective dune. This beautifully maintained 2BR/2BA condo offers panoramic ocean views and direct beach access only steps from your private oceanside covered deck. Located across from the iconic Wright Brothers Monument, enjoy stunning vistas in every direction. The open-concept great room is filled with natural light from windows on all four sides, complemented by updated LVP flooring and recessed lighting. The kitchen features updated SS Whirlpool appliances, an area for sitting, all perfect for entertaining. The ensuite primary bedroom opens to the oceanfront deck—ideal for morning coffee with sunrise views. Community amenities include a private pool, gazebo, grilling station, and ground-level owner storage for beach gear. Recent updates include new cedar shake siding, new plumbing (2024), two new sliders, windows were replaced on east/south elevations. Grossing ~$45K annually, this turn-key, tastefully furnished retreat is a rare investment opportunity and a dreamy coastal escape!
  1. Listed by Richard H Tolson • RT Realty OBX, LLC
    C: (252)-202-9199 richard@richtolson.com

Property Details for 503 North Virginia Dare Trail, Unit 5

Architectural Style
Coastal
View
Ocean
Waterfront Features
Ocean Front
Zoning
OIR
LISTING UPDATED: 11/17/2025 11:12 PM

Property Details for 503 North Virginia Dare Trail, Unit 5

StatusUnder Contract
MLS #131088
Days on Market2
Taxes$3,592 / year
HOA Fees$6,720 / year
Condo/Co-op Fees-
Compass TypeCondominium
MLS TypeResidential / Condominium
Year Built1987
Lot Size1.38 AC / 60,000 SF
CountyDare County

Location

Listing Courtesy of RT Realty OBX, LLC
Add your commute

Building Information for 503 North Virginia Dare Trail, Unit 5

Stories-Residences-Year Built1987Lot Size1.38 AC / 60,000 SF

Payment Calculator

$3,626 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,767

Property Taxes

$299

HOA Dues

$560

The Payment Calculator is for illustrative purposes only.

Property Information for 503 North Virginia Dare Trail, Unit 5

Summary
Location and General Information
  • Directions: Oceanfront almost directly across from Wright Brother's Monument, just north of Sutton Ave, south of Raleigh Ave.
  • Latitude: 36.017885
  • Longitude: -75.658281
  • Subdivision Name: Sand Castle
  • Year Built: 1987
  • ZH Flood Zone: AO,VE,X
  • Full Subdivision Name: Sand Castle Condos
  • Water Frontage: 100
  • Front Garage: Carport
  • Street Frontage: 100
Parking
  • Parking Features: Parking Lot, Paved
Taxes and HOA
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic, Water, Other-See Remarks
  • Tax Annual Amount: $3,592.00
  • Tax Block: 6
  • Tax Tract: Lots 1 & 2
  • Tax Year: 2025
  • Assoc Fee Y Or N Or Voluntary: Yes
  • HOA Contact: Signature Touch Management
  • HOA Contact Info: 252-441-8857
Property
Lot Information
  • Lot Features: Beach Frontage, Waterfront
  • Lot Size Acres: 1.38
  • Lot Size Dimensions: ~100x600
  • Lot Size Square Feet: 60000.0
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 1052.0
  • Ownership: Owned More than 12 Months
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed Book: 2138
  • Deed Book Pg Number: 641
  • Co File Number: MLS#
  • Bill of Sale In Amt Y Or N: Yes
  • Furnishings Available Y Or N: Yes
  • Yearly Expense Act Or Est: Estimated
  • Bank Or Institution Owned: No
  • Lot Faces N or E or W or S: E / W
  • Pin Number: 98842071999905
  • Headline: Coastal Comfort & Ocean Views!
  • Primary Htd Lv Ar SF: 1052.0
  • Condo Type: Attached
Utilities
  • Sewer: Septic Tank
  • Water Source: Municipal
  • Fuel Tanks: None
Interior and Exterior Features
Exterior Feature
  • Pool Type: Association
  • E Exterior: Shakes,Wood
  • Pool: Yes
  • Construction Materials: Frame, Wood Siding
  • Pool Features: Outdoor Pool, Association
  • Roof: Asphalt
Interior Feature
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bedrooms Total: 2
  • Cooling: Central Air, Heat Pump
  • Flooring: Tile
  • Foundation Details: Piling
  • Heating: Central, Electric, Heat Pump
  • Electronic Locks: Leased
Multi Family
Income & Expenses
  • Other Insurance: 1008
Agent
Sale and Listing
  • Listing Id: 131088
Rental
Rent Information
  • X Lease Terms: Weekly
  • Sale Or Rent: S
  • Short Term Rental Restrictions: 0
  • Est Annual Rental Income Amt: $54,727
  • Estimated Annual Fee Amt: 6720
  • Advertised Income2023 Amt: $51,026
  • Owner Rental Income2023 Amt: $47,126

Property History for 503 North Virginia Dare Trail, Unit 5

DateEvent & SourcePriceAppreciation
Nov 16, 2025

Pending

Outer Banks Association of REALTORS #131088

Nov 14, 2025

Listed (Active)

Outer Banks Association of REALTORS #131088

$559,900
Dec 15, 2016

Sold

Outer Banks Association of REALTORS #93028

$415,000
Dec 15, 2016

Sold (Public Record)

Public Record #1180126338

$415,000
Jul 6, 2016

Listed (Active)

Outer Banks Association of REALTORS #93028

$424,900
DateEvent & SourcePrice
11/16/2025

Pending

Outer Banks Association of REALTORS #131088

11/14/2025

Listed (Active)

Outer Banks Association of REALTORS #131088

$559,900
12/15/2016

Sold

Outer Banks Association of REALTORS #93028

$415,000
12/15/2016

Sold (Public Record)

Public Record #1180126338

$415,000
07/06/2016

Listed (Active)

Outer Banks Association of REALTORS #93028

$424,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 North Virginia Dare Trail, Unit 5

Taxable ValueLand$280,000Additions$366,200Total$646,200
Tax Record2025$3,592 ($299 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,052 SqFtAbove Grade Finished SqFt1,052 SqFtStories1StyleCondominiumYear Built1987CountyDAREAPN003686005

Schools near 503 North Virginia Dare Trail, Unit 5

This home is within Dare County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Nags Head Elementary School
PublicPK to 5

First Flight Middle School
Public6 to 8

First Flight High School
Public9 to 12

Dare Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RT Realty OBX, LLC

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 11/17/2025 11:12 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 Hive MLS