$1,299,000

Single Family Residence In Salvo

  • 8 Beds
  • 9 Baths
  • 4,232 Sqft
  • 20,500 Sqft lot
  • Updated: June 30
  • Source:
    Outer Banks Association of REALTORS  MLS#132541

About the Property

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. Located in a desirable Shaded-X flood zone and just a short 2-minute walk to direct beach
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. Located in a desirable Shaded-X flood zone and 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.
  • Property type

    House

  • Year built

    2005

  • Price/sqft

    $306

Features

  • Pool
  • Jacuzzi
  • Waterfront
  • Game Room
  • Oceanfront
  • Elevator
  • Coastal
  • Bar
  • Investment Property

Explore the Area

27004 Ocean Street Lot Parcel B, Waves, North Carolina, United States View on Google Maps
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Midgett Realty - Rodanthe - Rodanthe

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Midgett Realty - Rodanthe - Rodanthe
North Carolina, United States
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46
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2026
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Midgett Realty - Rodanthe - Rodanthe
Rodanthe, North Carolina, United States
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Last updated
June 30
First listed
Apr 16
Listing reference
132541
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