Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

27004 Ocean St Lot B, Salvo, NC, 27972

8beds
9baths
4,232sqft
$1,399,000
$331price/sqft
$8,490/moest. monthly cost
$339,600/yrincome needed

About This Home

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 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.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

5/10
4/10

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding,Cement Fiber Board

Type & Style

  • Home type: SingleFamily
  • Architectural style: Reverse Floor Plan
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Ice Maker,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 9
  • Full bathrooms: 7
  • Partial bathrooms: 2

Features

  • Cathedral Ceiling(s),Wet Bar
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 4,232
  • Total interior livable area: 4,232 sqft

Property

Details

  • Zoning: S-1

Features

  • Private pool: Yes
  • Pool features: Outdoor Pool,In Ground,Heated,Private
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • Waterfront features: Semi-Oceanfront (2nd row)

Lot

  • Lot size: 0.47 Acres
  • Features: Level

Parking

  • Parking features: Off Street,Underground