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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 desti ... (Read more)

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

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

IDX

Listing Office: Harrell & Associates

Last Updated: March - 20 - 2026

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