One of the most well-appointed and premier homes on the Outer Banks, this oceanfront estate is almost 10, 000 sq ft of living space and was constructed in 2018 in the world-class Palmer’s Island community. Capable of generating over $600K in rental income per year, the home is a great investment, and an idyllic summer home. Already 30 WEEKS BOOKED for 2022 rental season totaling OVER $579K in income, and 17 weeks already reserved for 2023! You'll be hard pressed to find a home on the Outer Banks that has this kind of income potential! Situated on over an acre of land with 150 feet of oceanfront, the property boasts expansive panoramic views overlooking the Atlantic Ocean to the east and the Currituck Sound to the west. This pristine luxury home is designed to fuse the classic coastal shingle style of historic Outer Banks cottages and the shingle style of the north, with modern touches throughout in a location where privacy and seclusion are paramount. A private boat dock and ramp on the Currituck Sound offers private access to boating, kayaking and fishing. The nearby Pine Island Racquet Club, Sanderling Resort, and Currituck Club Golf Course offer indoor tennis, Spa, indoor pool and fitness club, exclusive restaurants, and premier golf respectively. In between the quaint villages of Duck and Corolla, Palmer’s Island can also be accessed by landing a private plane at the nearby Pine Island airport and is just over an hour away from the Norfolk airport. This coastal retreat features shiplap walls, hardwood floors, gourmet kitchen, multiple living areas and kitchenettes, theatre room, game rooms, arcade, private elevator, laundry facilities on each level, custom tiled bathrooms, and even it’s own private English Pub on the top level. Outside, the private 24’ x 50’ heated pool and poolside cabana feature a relaxing lounge area with outdoor entertainment, grilling area, and two hot tubs that flow into an impressive game area under the home with mini golf, shuffleboard and ping pong, corn hole, horseshoes, and rock climbing wall. Step out onto the private boardwalk to the beach leading to a dune-top sun deck and easy access to the beach. The home is elevated over the dune (no flood insurance required) and offers exquisite views of the stunning coastal landscape from all levels, allowing you to take in both sunrises and sunsets from every level. Four of the twelve master bedrooms are large luxurious suites, each with private deck access, custom baths, and comfortable furnishings. The additional eight master bedrooms have their own private bath as well, two of which are unique kids rooms with built in bunk beds. You will not find a more perfect home on the beach, and it’s no wonder it was recognized as the winner of the Judges award of Excellence and People’s Choice award in the 2018 OBX Parade of Homes.