Property 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. Please enjoy this splendid VIDEO by pasting the link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo 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 with dedicated 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. Please enjoy this splendid VIDEO by pasting the YouTube link into your browser: https://www.youtube.com/watch?v=t1015LvJBPo
Virtual Tour
Interior Features
: Heat Pump, Central, Electric, Zoned
: Central, Heat pump, Zoned
Carpet,Tile,Wood
: Quartz
: Dishwasher, Dryer, Microwave, Refrigerator, Washer, 2nd dishwasher, 2nd refrigerator, Wall oven, Ice machine, Wine cooler, Freezer
: Cathedral ceiling(s), Gas fireplace, Wet bar, Pantry, Bay/bow window, 9' Ceilings, Ensuite, 1st Flr Ensuite
: Home Theater
Yes
Exterior Features
Oceanfront
: Ocean, Sound
Boardwalk to Beach,Cabana,Ceiling Fan(s),Elevator,
Yes
: In Ground, Private Pool, Concrete
Private
: Contemporary
: Shakes
: Frame
Piling
Wood Shingles
Carport
: Paved, Off street, Under, Unpaved
1.01 Sqft
RS-2 SFRD
150
Additional Info
Dare
Duck
$0
No
: Municipal
124212
2023
28913.8
: Private septic, Non conventional septic
: Active
X
History
12/28/2023
$12,000,000
11/27/2024
$12,000,000
336
0
$0
Listing Agent
Ray Meiggs
Twiddy and Co. - Duck
Address Map
Baum Trail
118
Lot 2
W76° 13' 39.3''
N36° 13' 41''
118 Baum Trail
Duck NC 27949
Subdivision: Palmer's Island
12 Bedrooms
12 Full Baths
9,651 Sqft
$12,000,000
MLS number #124212
Listing Date: 12/28/2023
Basic Details
Property Type : Single Family - Detached
Area : Duck Oceanside
Bedrooms : 12
Full Baths : 12
Partial Baths : 3
Heated living area : 9,651 Sqft
Year Built : 2018
Approx. Lot SqFt : 44155
Status : Active
Days on Market : 336
Subdivision : Palmer's Island