Emailable fall 2015 nags head village view

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COR OLLA TO NAGS HEAD TO CO LUM B I A

Village Realty COROLLA 877.513.9053 VACATION RENTALS

Rentals@vrobx.com REAL ESTATE SALES

CorollaS@vrobx.com

NAGS HEAD 877.482.4242 VACATION RENTALS

Rentals@vrobx.com REAL ESTATE SALES

NagsHead@vrobx.com ASSOCIATION MANAGEMENT

EmilyL@vrobx.com

COLUMBIA 877.796.5263

REAL ESTATE SALES & LONG-TERM RENTALS

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Ocracoke Island Realty 877.218.9986 VACATION RENTALS

Rentals@OcracokeIslandRealty.com REAL ESTATE SALES

Sales@OcracokeIslandRealty.com

FA L L 2 0 1 5

V R O BX . CO M

S25 Zoning Design and Aesthetics Bill: The Town of Nags Head Approves

Architectural guidelines incentives The following is reprinted with permission from the Outer Banks Association of REALTORS® “Willo’s Legislative Briefing 8/26/15”

Text appearing in italics has been added for our out-of-town readers’ clarification. The Planning Board met [August 18] and passed a motion to recommend approval of zoning ordinance text amendments [in response to the state’s recent bill, S25 Zoning Design and Aesthetics, which limits a municipality’s authority to require building standards that exceed the state building code.

to enhance attractiveness and market competitiveness. The desirable design elements of these styles include wraparound porches, dormers, coastal watch towers, pitched roofs, exposed rafter tails, and working shutters.]

The Board of Commissioners met [again on August 19,] and after much discussion, adopted the zoning ordinance amendments with an addition of a parking incentive. If the desired The Town of features are added Nags Head new to a structure amendments An outstanding example of the Coastal style over 3,500 sq. ft. architectural design of eastern North Carolina, would then height can be featuring a coastal watch tower and exposed incentivize the rafter tail. JR36, Bottoms Up increased from 35 use of the Nags ft. to 42 ft. with an Head Residential Design Guidelines, 8/12 roof pitch; setbacks can be reduced which contain desirable architectural to 10 ft. and parking can be decreased by features,] when building a single- or one space. two-family residential structure over As outlined by Assistant Town 3,500 sq. ft.; when adding to an existing Manager/Planning Director Andy structure to bring it over 3,500 sq. ft.; or Garman: “Large residential dwellings” when remodeling an existing residential are allowed as defined in our current structure that is 3,500 sq. ft. or greater ordinance (up to 5,000 s.f.) and the and where the value of the project use of the residential design guidelines exceeds one hundred percent (100%) is incentivized for large residential of the current assessed tax value of the dwellings with two separate standards structure. for height and setbacks (there is also an [Homes of this size have generally optional separate parking standard). been built with the added Nags Head For large residential dwellings 3,500 or Coastal style architectural features continued on next page


Architectural guidelines incentives square feet or greater: • Property owners that voluntarily consent to following the design guidelines may construct dwellings up to 42 feet with an 8/12 roof pitch. Property owners who wish to forego using the guidelines will be limited to 35 feet. • Property owners that voluntarily consent to following the design guidelines will have a regular side yard setback (in most cases this is 10 feet). Property owners who wish to forego using the design guidelines will have a graduated setback based on the overall building square footage (i.e., 12 feet for 3,500 to 4,200 square feet, 14 feet for 4,200 square feet up to 5,000 square feet). • The basis for these options is that the design guidelines help to mitigate the bulk of a structure. Therefore, more controls are necessary (i.e., reduced height and greater setbacks) without the design guidelines to mitigate this bulk. • For both options, the ordinance would continue to contain a

continued from previous page

maximum sewage capacity of 1080 gallons per day. This would limit dwellings to occupancy of 18 persons in most situations. The ordinance would also maintain a minimum lot size of 16,000 square feet to construct a large residential dwelling. With regards to parking, the following was approved by Commissioners: “Parking spaces for all large residential dwellings shall be based on the following formula: N-1, with N representing the number of bedrooms authorized by the septic improvement permit issued by the county department of environment health or the appropriate permitting agency. For property owners who voluntarily consent to following the Nags Head Residential Design Guidelines, parking for all large residential dwellings shall be in conformance with the requirements of section 48-162 applicable to single-family dwellings and two-family dwellings (duplexes).” Therefore, if residential guidelines are met, then the parking requirement for structures over 3,500 sq. ft. would be N-2 with a minimum of 2 parking spaces.

Residential sales year-to-date by town

Data obtained from the Outer Banks Association of Realtors MLS

Residential Sales Year-to-Date By Town Town

Units Sold

YTD Change

Sales Volume

YTD Change

12

50%

$4M

–39%

137

38%

$93.7M

27%

Duck

63

0%

$31.1M

–19%

Southern Shores

58

–5%

$24.6M

–23%

Kitty Hawk

65

16%

$20.4M

13%

Kill Devil Hills

239

24%

$59.2M

26%

Nags Head

119

20%

$57.2M

15%

58

–27%

$17.6M

–21%

Mainland Currituck

121

13%

$27M

18%

Hatteras Island

135

19%

$43.3M

15%

1007

15%

$378.1M

1%

4x4 Area Corolla

Roanoke Island

Total:

Village Realty vacation rental occupancy numbers We’ve had a very busy season! Our rentals have been up 7% over last year, with an occupancy average of 94% of 596 homes, for the 15 weeks from Memorial Day to Labor Day!

Fall is shaping up to be very busy as well with upcoming events, such as Outer Banks Seafood Festival, Mustang Music Festival, and the Outer Banks Marathon. As a result of the overwhelming

interest in these events, we offer partial stays to accommodate our guests and increase the bottom line for our homeowners. Due to the implementation of our cutting-edge software and website, we’ve been accepting 2016 reservations since early July. Here’s to a very successful partnership in 2016!


Ju st a Sa m pl i n g o f Our L i s ti ng s fo r S a le

Nags Head, Coastal Cove

Ocean views, easy walk to beach access, private pool, hot tub, gameroom, huge yard 6 BR, 5.5 BA  •  $599,000  •  MLS 89104

The Village at Nags Head

Ocean views, steps to beach, professionally decorated, gameroom, fireplace, comm.pool 5 BR, 4.5 BA  •  $584,900  •  MLS 88214

KDH, Sea Pointe Condos

2 & 3 BR condos at MP9.5, granite, tile, pool, elevators and deeded beach access Starting at $259,000

Downtown Manteo

Gorgeous historic home, totally remodeled, landscaped, fenced, walk to everything 3 BR, 3 BA  •  $499,000  •  MLS 87607

The Village at Nags Head

Fantastic sound & golf views, elevator, hardwoods, new windows & doors, great rentals 6 BR, 5.5 BA  •  $785,000  •  MLS 85847

Duck, Nantucket Village Condo

Sound views, spacious 1st fl end unit, updated kitchen & bath, furnished, 1 car garage 2 BR, 1 BA  •  $229,000  •  MLS 87275

Southern Shores Canalfront

Classic, cedar shake w/wraparound porch, stone fireplace, hardwoods, chef ’s kitchen 4 BR, 3.5 BA  •  $543,500  •  MLS 89086

The Village at Nags Head

Oceanfront townhouse, remodeled kitchen/ baths, very spacious master, excellent rentals 4 BR, 3 BA  •  $745,000  •  MLS 84819

Kill Devil Hills Westside

Well maintained, upgraded kitchen, 2 decks crow’s nest w/ocean view, quiet cul-de-sac 3 BR, 2 BA  •  $318,000  •  MLS 88161

Old Nags Head Place

Beautifully furnished, 3,260 sf, easy walk to beach, pool, gameroom, exceptional care 5 BR, 5.5 BA  •  $599,000  •  MLS 87938

Nags Head, Soundside Rd. Lot

Unobstructed view of Jockey’s Ridge, bike to ocean, walk to soundside beach, hiking trails 15,000 sf • $154,900 • MLS 85518

The Currituck Club

Ocean view, patio-style home, tastefully furnished, hardwoods, pool, in cul-de-sac 4 BR, 3.5 BA  •  $350,000  •  MLS 87431


PRSRT STD U.S. POSTAGE

PAID

Permit #37 Nags Head, NC 27959

Village Realty vrobx.com Ju st a Sa m pl i ng o f Our L i s ti ng s fo r S ale

Old Nags Head Place

Fabulous location, walk to beach, 2,904 sf nicely decorated, saline pool w/hot tub, gameroom 5 BR, 5.5 BA  •  $469,900  •  MLS 85623

Currituck Mainland, Powell’s Point

Ten minutes to the beach, on 1+ acre lot, some updates, beautiful yard, back deck, shed 2 BR, 1 BA  •  $169,000  •  MLS 85717

Southern Shores Westside

Loved & cared for, easy walk to beach, extensive remodeling/updates 2004, gameroom 3 BR, 2 BA  •  $299,000  •  MLS 89271

S. Nags Head Oceanfront

One of few remaining large, ocean-to-road lots, wide beach, get home free, sold “As Is, Where Is” 3 BR, 2 BA  •  $599,500  •  MLS 89319

Nags Head, Whalebone Beaches

Ocean/sound views, walk to beach/Jennette’s Pier, totally renovated, lower level apt. incl. 4 BR, 4 BA  •  $585,000  •  MLS 89168

Nags Head Semi-Oceanfront

Ocean view, one-of-a-kind, 10 ft ceilings, maple floors, juniper ceilings, pine walls 5 BR, 3 BA, 2 PB  •  $799,500  •  MLS 88272


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