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For sale
  • $1,299,000

    27004 Ocean St, Salvo, NC 27972

    8beds
    4,232sqft
    : 
    $7,404/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2005
    0.47 Acres Lot
    $1,252,100 Zestimate®
    $307/sqft
    $-- HOA

    What's special

    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.
    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#: 132541MLS Logo

      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

        DateEventPrice
        5/15/2026Price change$1,299,000-7.1%$307/sqft
        Source: OBAR #132541 Report a problem
        4/16/2026Listed for sale$1,399,000+14.2%$331/sqft
        Source: OBAR #132541 Report a problem
        9/26/2023Sold$1,225,000-5.8%$289/sqft
        Source: OBAR #121134 Report a problem
        6/23/2023Contingent$1,300,000$307/sqft
        Source: OBAR #121134 Report a problem
        1/9/2023Listed for sale$1,300,000+73.3%$307/sqft
        Source: OBAR #121134 Report a problem
        4/30/2021Sold$750,000-6.1%$177/sqft
        Source: Public Record Report a problem
        1/19/2021Listing removed--
        Source: OBAR Report a problem
        9/16/2020Pending sale$799,000$189/sqft
        Source: Midgett Realty - Rodanthe #106563 Report a problem
        9/16/2020Listed for sale$799,000-11.1%$189/sqft
        Source: Midgett Realty - Rodanthe #106563 Report a problem
        3/12/2020Listing removed$899,000$212/sqft
        Source: Midgett Realty - Rodanthe #106563 Report a problem
        2/4/2020Price change$899,000-10%$212/sqft
        Source: Midgett Realty - Rodanthe #106563 Report a problem
        9/18/2019Listed for sale$999,000-9.1%$236/sqft
        Source: Midgett Realty - Rodanthe #106563 Report a problem
        2/21/2019Listing removed$1,099,000$260/sqft
        Source: Outer Beaches Realty - Avon #99938 Report a problem
        10/24/2018Price change$1,099,000-6.8%$260/sqft
        Source: Outer Beaches Realty - Avon #99938 Report a problem
        5/1/2018Listed for sale$1,179,000+114.4%$279/sqft
        Source: Outer Beaches Realty - Avon #99938 Report a problem
        5/11/2005Sold$550,000$130/sqft
        Source: Public Record Report a problem
        2/10/2005Sold$550,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 27972

        Getting around

        13 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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