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.
For sale
$1,299,000
27004 Ocean St, Salvo, NC 27972
8beds
4,232sqft
Single Family Residence, Residential
Built in 2005
0.47 Acres Lot
$1,252,100 Zestimate®
$307/sqft
$-- HOA
What's special
- 147 days
- 125
- 9
Zillow last checked:
Listing updated:
Listed by:
Trisha Midgett & Team 252-475-7947,
Midgett Realty - Rodanthe,
Courtney Snearer 252-216-9697,
Midgett Realty - Rodanthe
Source: OBAR,MLS#: 132541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
- Full bathrooms: 7
- Partial bathrooms: 2
Rooms
- Room types: Game Room
Heating
- Central, Forced Air
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
Features
- Cathedral Ceiling(s), Wet Bar
- Flooring: Carpet
- Furnished: Yes
Interior area
- Total structure area: 4,232
- Total interior livable area: 4,232 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Underground
Features
- Has 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
- Size: 0.47 Acres
- Features: Level
Details
- Parcel number: 000432001
- Zoning: S-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Reverse Floor Plan
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Wood Siding, Cement Fiber Board
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Salvo
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $1,301,800
- Annual tax amount: $5,803
- Date on market: 4/16/2026
- Cumulative days on market: 148 days
- Listing agreement: Exclusive Right To Sell
- Ownership: Owned More than 12 Months
- Lease term: Weekly
- Road surface type: Unimproved
Estimated market value
$1,252,100
$1.14M - $1.38M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $1,299,000-7.1%$307/sqft |
Source: | ||
| 4/16/2026 | Listed for sale | $1,399,000+14.2%$331/sqft |
Source: | ||
| 9/26/2023 | Sold | $1,225,000-5.8%$289/sqft |
Source: | ||
| 6/23/2023 | Contingent | $1,300,000$307/sqft |
Source: | ||
| 1/9/2023 | Listed for sale | $1,300,000+73.3%$307/sqft |
Source: | ||
| 4/30/2021 | Sold | $750,000-6.1%$177/sqft |
Source: Public Record Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source: | ||
| 9/16/2020 | Pending sale | $799,000$189/sqft |
Source: Midgett Realty - Rodanthe #106563 Report a problem | ||
| 9/16/2020 | Listed for sale | $799,000-11.1%$189/sqft |
Source: Midgett Realty - Rodanthe #106563 Report a problem | ||
| 3/12/2020 | Listing removed | $899,000$212/sqft |
Source: Midgett Realty - Rodanthe #106563 Report a problem | ||
| 2/4/2020 | Price change | $899,000-10%$212/sqft |
Source: Midgett Realty - Rodanthe #106563 Report a problem | ||
| 9/18/2019 | Listed for sale | $999,000-9.1%$236/sqft |
Source: Midgett Realty - Rodanthe #106563 Report a problem | ||
| 2/21/2019 | Listing removed | $1,099,000$260/sqft |
Source: Outer Beaches Realty - Avon #99938 Report a problem | ||
| 10/24/2018 | Price change | $1,099,000-6.8%$260/sqft |
Source: Outer Beaches Realty - Avon #99938 Report a problem | ||
| 5/1/2018 | Listed for sale | $1,179,000+114.4%$279/sqft |
Source: Outer Beaches Realty - Avon #99938 Report a problem | ||
| 5/11/2005 | Sold | $550,000$130/sqft |
Source: Public Record Report a problem | ||
| 2/10/2005 | Sold | $550,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,803 -9.2% | $1,301,800 +33.5% |
| 2024 | $6,389 +3.3% | $975,000 |
| 2023 | $6,187 +1.7% | $975,000 |
| 2022 | $6,086 +2% | $975,000 -3.1% |
| 2021 | $5,967 +0.2% | $1,006,508 +3.2% |
| 2020 | $5,952 +2.7% | $975,000 +20.4% |
| 2019 | $5,798 | $809,900 |
| 2018 | $5,798 | $809,900 |
| 2017 | $5,798 +7.2% | $809,900 |
| 2016 | $5,410 | $809,900 |
| 2014 | $5,410 | $809,900 -32.1% |
| 2012 | -- | $1,192,000 |
| 2011 | -- | $1,192,000 |
| 2010 | -- | $1,192,000 |
| 2009 | -- | $1,192,000 |
| 2008 | -- | $1,192,000 |
| 2007 | -- | $1,192,000 |
Find assessor info on the county website
Monthly payment
Est. payment





