Residential

27004 Ocean Street, Salvo

$1,399,000.00

Bedroom 8 bedrooms
Full Bathroom 7 full baths
Half Baths 2 half baths

  • MLS #: 132541
  • Status: Active
  • Address: 27004 Ocean Street, Salvo, NC 27972
  • Date Listed: 4/16/2026
  • Days on Market: 1
  • Acres: 0.47
  • Stipulations: No
  • Subdivision: None

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • 2nd Dishwasher
  • 2nd Refrigerator
  • Dryer
  • Dishwasher
  • Ice Machine
  • Microwave
  • Refrigerator
  • Range/Oven
  • Washer

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Forced Air
  • Floors: Carpet, Luxury Vinyl Plank
  • Interior: Cathedral Ceiling(s), Ensuite, Wet Bar
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Off Street, Under
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Cement Fiber Board
  • Waterfront Features: Semi-Oceanfront (2nd row)
  • Sewer/Septic: Private Septic
  • Approximate Lot Size: 20500
  • Foundation: Piling
  • Pool Description: Heated, In Ground, Outdoor, Private Pool
  • Lot Description: Level
  • Roads: Private, Unpaved
  • Style: Reverse Floor Plan
  • View Description: Ocean
  • Water Access: Municipal

Additional Features Additional Features
  • County: Dare
  • Property Type: Single Family - Detached
  • Year Built: 2005
  • HOA Fee Required: No - Restrictive Covenants May Apply
  • HOA Fee: 0
  • Is an REO: No
  • Bill of Sale: Yes
  • Bill of Sale Amount: 1
  • Construction: Frame, Wood
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Optional Rooms: Game Room
  • Original Price: 1399000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 5803
  • Tax Year: 2025

Seller's Representative: Trisha Midgett & Team, Midgett Realty - Rodanthe
Logo
Copyrighted 2026 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.