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Ad #7577907
MLS #132541
Listing photo

If you're looking for a high-performing investment opportunity

27004 Ocean St lot: Parcel B, Salvo, NC 27972
$1,299,000
8Beds
9Baths
4,232Sqft
0.47Acres

About this property

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.

Property Features

8 Beds
9 Baths
4,232 Sqft
Built in 2005
0.47 Acres
On Beachfront
Off Street
Siding: Frame, Wood
Shingle Roof
Has Swimming Pool
Central, Forced Air
$5,803 / yr property tax
Dare County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Trisha Midgett & Team

Midgett Realty

252-475-7947

Location

Map
Listing Agent: Trisha Midgett & Team 252-475-7947
Broker: Midgett Realty 252-986-6322 Listing Site
Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

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$1,299,000

8
Beds
9
Baths
4,232
Sqft

27004 Ocean St lot: Parcel B, Salvo, NC 27972

By contacting this agent you agree to these Terms and Conditions.
Home North Carolina Salvo
If you're looking for a high-performing investment opportunity - photo 1
If you're looking for a high-performing investment opportunity - photo 2
If you're looking for a high-performing investment opportunity - photo 3
If you're looking for a high-performing investment opportunity - photo 4
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MLS# 132541
Home For Sale

If you're looking for a high-performing investment opportunity

$1,299,000

27004 Ocean St lot: Parcel B, Salvo, NC 27972

8
Beds
9
Baths
4,232
Sqft
0.47
Acres
$1,299,000
27004 Ocean St lot: Parcel B, Salvo, NC 27972
8 Beds
9 Baths
4,232 Sqft
0.47 Acres
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.
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Property Details

HOME DETAILS

8 Beds
9 Baths
4,232 Sqft
Built in 2005
0.47 Acres

BEACH & VIEW

On Beachfront

EXTERIOR

Off Street
Siding: Frame, Wood
Shingle Roof
Has Swimming Pool

INTERIOR

Central, Forced Air

FINANCIAL & COMMUNITY

$5,803 / yr property tax
Dare County
See More Details

Location

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Ad Statistics

Ad Number
7577907
Viewed
107 times
Listing Status
Active
Added
Apr 16, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Outer Banks Association of Realtors®
Source Property ID
132541
Listing Agent: Trisha Midgett & Team 252-475-7947
Broker: Midgett Realty 252-986-6322 Listing Site
Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy