118 N Baum Trail Duck, NC 27949
Listing Courtesy of: OUTER BANKS ASSOCIATION OF REALTORS / Twiddy And Co. Duck - Contact:  C: 252-333-5310

  118 N Baum Trail Duck, NC 27949

Active (115 Days)
$12,000,000
12
BED
12.3
BATH
9,651
SQFT

Description

Nestled in Duck, NC within the secluded community of Palmer’s Island on North Carolina's Outer Banks stands Palmer’s Panorama, an architectural masterpiece that redefines coastal luxury living. Honored with the esteemed 2018 OBX Parade of Homes Judges Award of Excellence and the People’s Choice accolades, this sprawling estate spans nearly 10,000 square feet across an expansive oceanfront acre. Crafted by Mancuso Construction in 2018, Palmer’s Panorama stands as a pioneering masterpiece in architectural design, offering breathtaking panoramic vistas of both the ocean and sound from every level. This opulent estate boasts 12 luxurious ensuite bedrooms, most accompanied by private decks, and three exquisitely designed living areas. Outdoor entertainment features include a 24’ x 50’ heated pool with a 15'x15' tanning ledge, cabana, showers, and bathroom, along with two inviting hot tubs. The pool has a new 250,000 BTU LP gas heater that makes chilly water warm up fast! A covered recreation area provides amenities like mini-golf, basketball, ping-pong, shuffleboard, and a host of games and toys for children and adults alike. (See the associated documents.) Notwithstanding its luxurious amenities, the remarkable location of Palmer’s Panorama makes it truly extraordinary. The setting within Palmer’s Island offers thrilling sunrises over the ocean and magnificent sunsets across the Currituck Sound in the midst of unparalleled natural beauty. A private boat dock and ramp on the Currituck Sound offers private access to boating, kayaking and fishing. Nearby, the Sanderling Racquet & Swim Club, Pine Island Racquet Club, Sanderling Resort, and Currituck Club Golf Course offer indoor tennis, Spa, indoor pool and fitness clubs, exclusive restaurants, and premier golf respectively. Relish a sunset stroll along the sound to the area’s only 4 Diamond-rated restaurant, Kimball’s Kitchen, to enjoy exquisite culinary experiences on the soundfront within the Sanderling Resort. Moreover, the property's proximity to the DONAL C. O'BRIEN, Jr. AUDUBON SANCTUARY in Corolla is a highlight of its unique location. Just steps away from this lavish retreat lies this pristine expanse, preserving 2,600 ACRES of protected marsh, upland maritime forest, and sandy beaches. The Sanctuary provides respite for migratory birds and wildlife, away from human disturbance. Visitors can revel in the untouched beauty of the Sanctuary through kayak tours, public programs, and nature trails, offering a serene and captivating experience adjacent to the luxurious realm of Palmer's Panorama. In addition to its natural splendor, Palmer’s Panorama presents an extraordinary investment opportunity as a vacation rental property. Its proximity to major urban hubs like Northern Virginia (NVA), Washington D.C., Philadelphia, and even Manhattan makes it an ideal getaway for urban dwellers seeking fresh ocean breezes by the coast. With its luxurious amenities, pristine surroundings, and convenient location, it has proven potential to generate substantial ANNUAL RENTAL INCOME approaching $750,000. For a comprehensive understanding of Palmer's Panorama's investment potential and a detailed breakdown of its rental income history and projections, we highly recommend reviewing the associated documents outlining the property's earnings. These documents contain valuable insights into the substantial revenue-generating capability of this remarkable estate. Palmer’s Panorama offers not only an exceptional estate but a gateway to both an unforgettable coastal experience and a profitable investment opportunity, combining luxury living, breathtaking natural surroundings, and promising rental potential.

MLS #:
124212
Taxes
$28,914(2023)
Lot Size
1.01 acres
Type
Single-Family Home
Building Name
Palmer's Panorama
Year Built
2018
Style
Contemporary
Views
Sound, Ocean
County
Dare County

Listed By

Ray S Meiggs, Twiddy And Co. Duck, Contact: C: 252-333-5310
Source
OUTER BANKS ASSOCIATION OF REALTORS
Last checked Apr 21 2024 at 2:53 AM GMT+0000
Bathroom Details
Interior Features
  • Pantry
  • 9' Ceilings
  • Cathedral Ceiling(s)
  • Bay/Bow Window
  • Ensuite
  • 1st Flr Ensuite
  • Wet Bar
  • Gas Fireplace
Subdivision
  • Palmer's Island
Lot Information
  • Beach Frontage
Property Features
  • Foundation: Piling
Heating and Cooling
  • Central
  • Zoned
  • Heat Pump
Pool Information
  • In Ground
  • Concrete
  • Private Pool
Flooring
  • Carpet
  • Wood
  • Tile
Exterior Features
  • Shakes
  • Roof: Wood Shingles
Utility Information
  • Sewer: Private Septic, Non Conventional Septic
Garage
  • Carport
Parking
  • Paved
  • Under
  • Unpaved
  • Off Street
Living Area
  • 9,651 sqft
Additional Information: Twiddy And Co. Duck | C: 252-333-5310
Location
   
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Disclaimer: Copyright 2024 Outer Banks Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/20/24 19:53