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27004 Ocean Street, 
Salvo, NC 27972

$1,399,000


8

Beds


9

Baths


4,232

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Trisha Midgett & Team

Courtney Snearer

Midgett Realty - Rodanthe

252-996-0124

Last updated:

May 1, 2026, 03:13 PM

MLS#

132541

Source:

NC OBAR

About This Home

27004 Ocean Street

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.

Home Facts

Single Family

9 Baths

8 Bedrooms

Built in 2005

Price Summary

1,399,000

$330 per Sq. Ft.

MLS #:

132541

Last Updated:

May 1, 2026, 03:13 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

9

Full Bathrooms:

7

Interior

Living Area:

4,232 Sq. Ft.


Structure

Structure

Architectural Style:

Reverse Floor Plan

Building Area:

4,232 Sq. Ft.

Year Built:

2005


Lot

Lot Size (Sq. Ft):

20,500


Finances & Disclosures

Finances

Price:

$1,399,000

Price per Sq. Ft:

$330 per Sq. Ft.

Source:NC OBAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.