6715 S Croatan Highway, Nags Head, NC 27959 (MLS# 100561569)

6715 S Croatan Highway, Nags Head, NC 27959

$11,950,000
Property Type: Comm Sale or Lease Square Footage: 9,279 Lot Size (sq. ft.): 264,409 Status: Active
Current Price: $11,950,000 List Date: 3/20/2026 Last Modified: 3/20/2026

Overview

Description

First Colony Inn - Historic Outer Banks Inn with Oceanfront Development Opportunity A rare opportunity to acquire one of the most iconichospitality properties on the Outer Banks. Located in the heart of Nags Head, the historic First Colony Inn offers timeless coastal charm pairedwith a unique oceanfront investment component. Originally constructed in 1932 and listed on the National Register of Historic Places, the inn isone of the last remaining examples of the classic ''Old Nags Head style'' beach hotels that once defined the Outer Banks. The shingle-stylestructure features expansive wraparound verandas designed to capture ocean breezes and provide inviting spaces for guests to relax andgather. The property includes 26 uniquely appointed guest rooms, many offering kitchenettes, sitting areas, whirlpool tubs, or private porches.Amenities include a seasonal outdoor pool, landscaped grounds, welcoming common areas, and convenient beach access nearby. The inn haslong been a favorite destination for weddings, reunions, and coastal getaways, with strong repeat clientele and year-round tourism demand.Included in the offering are oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, presenting a rare and valuableopportunity for future development, expansion, or preservation of premier beachfront property. Oceanfront land in this location is exceptionallylimited, making this component a significant investment asset. With nearly a century of history, strong brand recognition, and the added value ofsubstantial oceanfront holdings, the First Colony Inn represents a turnkey hospitality investment combined with a prime coastal real estateopportunity in one of North Carolina's most sought-after beach destinations.

Listing Details MLS# 100561569

Contract Info

Available Date
2026-12-31
Delayed Marketing?
No
Marketing Start Date
2026-03-19
Sub-Type
Business
Garage
Masterlock
Sale/Lease
Sale
Listing Price
11950000
List Price/SqFt
1287.85
Stipulation of Sale
Standard

Location Information

Street #
6715
Pre Direction
S
Street Name
Croatan
Street Suffix
Highway
County
Dare
State/Province
NC
Zip Code
27959
City Limits
Yes
Marketing City
Nags Head
Subdivision
None

Remarks and Showing

Directions to Property
Off Croatan Hwy
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
9279

Legal and Taxes

Tax Assessed Value
62272.26
Deed Book
1815
Deed Page
148
Legal
PIN 080011565522
Broker Owner
No
PID
080011565522
Tax Identifier
008823000
Plat Book
G
Plat Page
93
Total Real Estate Property Taxes
34041.54
Special Assessments
no
Tax Year
2025
Year Built
1932
Zoning
C2 & CR
Cobra Zone
No

More Information

Current Service Providers

Trash Provider
Dare County
Electric Provider
Dominion Energy

Building/Ext Features

# of Units
0
Fireplace Y/N
No
Lot Acres
6.07
Lot SqFt
264409
Lot Dimensions
No
SqFt - Total Available
9279
Location Type
Island

Showing Instructions

24 Hour Notice
Yes

Business Type

Hotel/Motel
Yes
Unimproved
Yes

Current Use

Hotel/Motel
Yes
Vacant
Yes

HOA and Neigh Amenities

Beach Access
Yes
Cable TV
Yes
Outdoor Pool
Yes

Attic

None
Yes

Basement

None
Yes

Frontage Type

See Remarks
Yes
Oceanfront
Yes

View Type

Ocean
Yes
Sound View
Yes
Water
Yes

Development Status

Development
Yes
Raw Land
Yes

Construction

Wood Frame
Yes

Lot Water Features

Ocean Side
Yes

Exterior Finish

Cedar
Yes
Shake Siding
Yes

Terms

Cash
Yes

Foundation

Pilings
Yes

Flooring

Tile
Yes
Wood
Yes

Fuel Tank

None
Yes

Parking Features

Off Street
Yes
Paved
Yes

Sale/Lease Includes

Buildings
Yes
Business
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Land
Yes

Roof

Asphalt
Yes
Shingle
Yes

Lot Description

Level
Yes
Oceanfront
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Cooling

Heat Pump
Yes

Heating

Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes

Water Source

Municipal Water
Yes

Sewer

Septic Tank
Yes

Lease Types

Modified
Yes

Property Features

Business Type: Hotel/Motel; Unimproved Showing Instructions: 24 Hour Notice HOA and Neigh Amenities: Beach Access; Cable TV; Outdoor Pool Attic: None Basement: None Frontage Type: Oceanfront; See Remarks View Type: Ocean; Sound View; Water Development Status: Development; Raw Land Construction: Wood Frame Exterior Finish: Cedar; Shake Siding Flooring: Tile; Wood Foundation: Pilings Fuel Tank: None Parking Features: Off Street; Paved Roof: Asphalt; Shingle Lot Description: Level; Oceanfront Current Use: Hotel/Motel; Vacant Lot Water Features: Ocean Side Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Electricity Connected; Water Connected Sewer: Septic Tank Water Source: Municipal Water Terms: Cash Lease Types: Modified
Listing Office: Harrell & Associates
IDX
Last Updated: March - 20 - 2026
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