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$11,950,000

For Sale

3 hours ago

MLS® 132187

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $62,272
Days Active 0
Approx. Age 1932
MLS® Number 132187

Property Address: 6715 S Croatan Highway, Nags Head, NC, 27959

Average square foot calculated using Size range provided by listing agent.

Description

First Colony Inn – Historic Outer Banks Inn with Oceanfront Development Opportunity A rare opportunity to acquire one of the most iconic hospitality properties on the Outer Banks. Located in the heart of Nags Head, the historic First Colony Inn offers timeless coastal charm paired with a unique oceanfront investment component. Originally constructed in 1932 and listed on the National Register of Historic Places, the inn is one of the last remaining examples of the classic “Old Nags Head style” beach hotels that once defined the Outer Banks. The shingle-style structure features expansive wraparound verandas designed to capture ocean breezes and provide inviting spaces for guests to relax and gather. 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 has long 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 valuable opportunity for future development, expansion, or preservation of premier beachfront property. Oceanfront land in this location is exceptionally limited, making this component a significant investment asset. With nearly a century of history, strong brand recognition, and the added value of substantial oceanfront holdings, the First Colony Inn represents a turnkey hospitality investment combined with a prime coastal real estate opportunity in one of North Carolina’s most sought-after beach destinations.
MLS® Number132187
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1932
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$11,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
6715 S Croatan Highway, Nags Head, NC

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