Address
50 & 70 Sanddollar Road, Ocracoke, NC
Price
$ 2,300,000
Property Attributes
  • MLS#133025
  • TypeCommercial
  • Listing Status Active
  • CountyHYDE
  • CityOcracoke
  • AreaOcracoke
  • Zip27960
  • StyleHotel / Motel
  • Year Built1958
  • Taxes$ 10454
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.45 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description

Step into a rare opportunity to own a renovated, turn-key, motel PLUS a separate Cottage (built in 2019) and a 12’x28’ salt-water swimming pool in the heart of Ocracoke Village! The Sand Dollar Motel is part of Ocracoke’s local history, an independent working motel where timeless 1950's charm meets modern comfort. Its walkable village location is close to restaurants, shopping, Silver Lake Harbor and just minutes from the beach. This 12-unit motel with renovated Owner’s Quarters (1 bed/1 bath, full kitchen & living area), laundry room & attached office captures the nostalgic spirit of Ocracoke while delivering the upgrades and amenities today's guests expect. The Sand Dollar Motel offers visitors a chance to experience the charm and simplicity of Ocracoke's early vacation era while enjoying a fully modernized stay. Completely renovated (2021), there are 6 ground-floor guest rooms with bright interiors featuring updated flooring, bedding and bathrooms,1 spacious efficiency apartment with kitchen, and 5 additional rooms located on the second floor (with tongue-and-groove, knotty-pine walls.) The new Sand Dollar Cottage with front deck was built in 2021 and has 2 bedrooms, 1 bathroom, vaulted ceilings, open living & dining areas, and a kitchen with stainless steel appliances and beautiful, white cabinetry. This investment opportunity is truly unique, and the business has room to grow! A great opportunity to live on Ocracoke and work for yourself- to be your own boss. It is seldom an opportunity like this becomes available on Ocracoke; don’t let it pass you by.

Price History
6/1/2026 Listed $2,300,000

General Features

Zoning Commercial
Subdivision None
County Hyde
Class COMMERCIAL/INDUSTRIAL
Type Hotel / Motel
Area Ocracoke
Block C
Ownership Owned More than 12 Months
Status Active
HOA No
Directions From Hwy 12,right at Old Beach Rd.,right at Sanddollar Rd. Motel and Cottage on right.
City Ocracoke
Taxes 10454.05
DOM 109
Flood Zone AE

Exterior Features

Waterfront Location None

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 Commercial Average in 27960

Price
AVG $1.5M
$2.3M
Taxes
AVG $7,596
$10,454
Year Built
AVG 1957
1958
Visits
AVG 12
21
Data Provided by Inside Real Estate®