Address
27004 Ocean Street, Salvo, NC
Price
$ 1,299,000
Property Attributes
- MLS#132541
- TypeSingle Family
- Listing Status Active
- CountyDARE
- CitySalvo
- AreaSalvo Oceanside
- Zip27972
- StyleSingle Family - Detached
- Year Built2005
- Taxes$ 5803
- Price$ 1,299,000
- Bedrooms8
- Full Bathrooms7
- Half Bathrooms2
- Sqr Footage4232
- Lot Size0.47 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description
If you're looking for a high-performing investment opportunity, this semi-oceanfront home has it all! “Lemonade” is an amenity packed 8-bedroom, 7-full + 2-half bathroom home located in the village of Salvo on Hatteras Island, offering an exceptional blend of location, scale, amenities, and income potential. Located in a desirable Shaded-X flood zone and just a short 2-minute walk to direct beach access at the end of the driveway, this extensively improved home is thoughtfully designed to accommodate large groups in comfort, featuring expansive three-level decking, a private heated pool and hot tub, outdoor bar and gathering spaces, a game room, fully equipped kitchenette, dedicated accessible suite with private bathroom, and an elevator servicing all levels. Recent upgrades since 2024 totaling nearly $250,000 include a complete high-efficiency Bosch HVAC system replacement, new water heater, Trex Enchance decking on all levels, flooring in main living areas, refrigerator, washing machine, and pool pump system + Hayward pool heater, along with fresh exterior & interior paint, new furnishings in select areas, updated window treatments, three new beds including an adjustable setup, an electric lift recliner, and a fully refreshed inventory of kitchenware and household supplies/art work—enhancing both efficiency and guest experience. The property offers a strong established rental history, generating approximately $113,000 in 2025 and over $100,000 already on the books for 2026; however, these figures do not reflect full income potential due to owner-blocked peak-season weeks and repairs/updates/improvements. Situated in the heart of Salvo, this home is just minutes from the Salvo Day Use Area, a perfect spot for kayaking, paddleboarding, and stunning soundside sunsets. Nearby ORV beach access ramps make it easy to get on the sand, and local restaurants, shopping, and attractions are just a short drive away. Whether you’re looking for a high-performing rental or a personal coastal escape, Lemonade is the perfect mix of style, comfort, and investment opportunity.
| Price History | |
|---|---|
| 4/16/2026 | Listed $1,399,000 |
| 5/15/2026 | 8$1,299,000 |
General Features
| Zoning | S-1 |
|---|---|
| Subdivision | None |
| County | Dare |
| Class | RESIDENTIAL |
| Type | Single Family - Detached |
| Area | Salvo Oceanside |
| Ownership | Owned More than 12 Months |
| Status | Active |
| HOA | No |
| City | Salvo |
| Taxes | 5803.0 |
| DOM | 155 |
| Flood Zone | Shaded X |
Interior Features
| Total Bedrooms | 8 |
|---|---|
| Full_Baths | 7 |
Exterior Features
| Pool | Yes |
|---|---|
| Waterfront Location | Semi-Oceanfront (2nd row) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27972
Price
Taxes
Year Built
Visits
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