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Stephen Smith

stephensmithobx@gmail.com +1(252) 216-9230

$ 1,399,000

Est. payment | -/mo

8 Beds

9 Baths

4,232 SqFt

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$ 1,399,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

9 Baths

4,232 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,232 sqft

Price per Sqft $330

MLS Listing ID 132541

Style Reverse Floor Plan

Bedrooms 8

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 2005

Tax Year 2025

Property Sub-Type Single Family - Detached

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. 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, and an elevator servicing all levels. Recent 2024 upgrades totaling over $200,000 include a complete high-efficiency Bosch HVAC system replacement, new water heater, decking, flooring in main living areas, refrigerator, washing machine, and pool pump system, 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.

Location

State NC

County Dare

Area Salvo Oceanside

Zoning S-1

Interior

Interior Features Cathedral Ceiling(s), Ensuite, Wet Bar

Heating Central, Forced Air

Appliance Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator

Exterior

Exterior Feature Cement Fiber Board

Pool Outdoor, In Ground, Heated, Private Pool

Waterfront Description Semi-Oceanfront (2nd row)

View Y/N Yes

View Ocean

Roof Type Asphalt/Fiber Shingle

Private Pool Yes

Building

Lot Description Level

Foundation Piling

Sewer Private Septic

Water Municipal

Others

Ownership Owned More than 12 Months

Virtual Tour https://www.zillow.com/view-imx/2dbbd639-6c5c-4369-86b4-34c098b9ef1a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by Trisha Midgett & Team Midgett Realty - Rodanthe C: 252-996-0124

NEARBY SCHOOLS & PROPERTIES

“Looking for more information on this property? Just fill out some details and let me know how to reach you, and I'll be in touch soon!”

+1(252) 216-9230

stephensmithobx@gmail.com

Hills, NC, 27948, United States

27004 Ocean Street, Lot parcel b Salvo, NC 27972

Stephen Smith

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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27004 Ocean Street, Lot parcel b