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About This Home
This 8-bedroom, 9-bathroom single family at 27004 Ocean Street lot: Parcel B in Salvo, NC is listed for $1,299,000 ($307 per sqft). Built in 2005, the home offers 4,232 sqft of living space on a 0.47 acres lot.
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, 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 a
reas, 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.
Key Features
- Built in 2005
- 0.47 acre lot
- Private pool
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$6,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
27004 Ocean Street lot: Parcel B
Salvo, NC 27972
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 9-bathroom single family at 27004 Ocean Street lot: Parcel B is listed at $1,299,000 ($307/sqft). The estimated monthly payment is $5,629 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.47 acre lot, Private pool, Waterfront. Interior Features: Cathedral Ceiling(s), Ensuite, Wet Bar.
This property is listed by Trisha Midgett & Team and can be reached at 2524757947 or TrishaMidgettandTeam@midgettrealty.com.
