Residential

26397 Colony Drive, Salvo

$995,000.00

Bedroom 4 bedrooms
Bathroom 2 baths

  • Address: 26397 Colony Drive, Salvo, NC 27972

Location Location

Agent Comments Agent Comments
Over $113K in rents in 2022, not counting almost $10K in owner weeks taken during desirable periods and Thanksgiving and Christmas which, are yet to, but probably to book for another $5K. $125K possible? Hard to find another 4 bedroom home that produces like this. Renovated last year, with rental income in mind, this money maker or better said Beach GEM is a fantastic investment for the exploding Hatteras Island rental market. As the northern beaches become more and more crowded, many of the original visitors to the Outer Banks seek the pace and lifestyle we used to offer. Insert Hatteras Island, hidden from the 4 lane bypasses and still operating under the relaxing island lifestyle. Any concerns about beach erosion, Salvo sits on the northern tip of HI, with Beach Gem having 100+ yards of well established dune in front providing excellent protection from the storms that batter other oceanfront properties. In addition, the soon to be open Jug Handle Bridge provides Hatteras residents a route around the famously fragile S-Turns in Rodanthe reducing the likelihood of island being cut off. Big income, in a blossoming region of our beaches. If investing is your game, Beach GEM is the name.

Amenities Amenities
  • Dishwasher
  • Dryer
  • Microwave
  • Range/Oven
  • Refrigerator
  • Washer

Interior Features Interior Features
  • Cool System: Central
  • Heat System: Electric
  • Rooms: Breakfast Nook, Game Room
  • Interior: Dryer Connection, Some Windows Treated, Washer Connection

Exterior Features Exterior Features
  • Parking: Off Street
  • Roof: Asphalt/Fiber Shingle
  • Pool: Fiberglass, In Ground, Outdoor, Private Pool
  • Exterior: Shakes

Additional Features Additional Features
  • County: Dare
  • Property Type: Single Family - Detached
  • Tax Number: 065709151059
  • Waterfront Features: Oceanfront
  • Water/Sewer: Private Septic
  • Year Built: 1973