For more information on this property, contact Martha Garrish at 252-921-0125 or marthagarrish@ocracokeislandrealty.com

155 Silver Lake Drive Lot A
Ocracoke, North Carolina NC 27960
Price: $2,900,000
Listing ID 121555
Status Active
Subdivision None
Year Built 1954

Property Description:

Here's your opportunity to own a successful turn key B&B on Ocracoke Island! The Castle B&B on Silver Lake is one of Ocracoke's most treasured landmarks. The Castle is a visually striking structures on the harbor, with its steep-pitched roof, many dormers, roof-top widow's walk and cedar shake exterior. This unique structure with Outer Banks style has a past as colorful as its architecture. Built in 1954 for wealthy industrialist Sam Jones, The Castle is on the National Register of Historic Places. In the late 1990's, The Castle was modernized providing private bathrooms for each of the 12 bedrooms. All of the original wood walls, ceilings and trim-work (beautiful dental molding in most rooms) are intact. Central heat and a/c on first floor and mini splits for the remaining floors. The Castle offers a refined and upscale accommodation option while still maintaining the casual feeling of a historic Ocracoke cottage. The common areas include a gracious kitchen, elegant dining room, several sitting areas, parlor with a pool table and gas fireplace. The Castle shares the a pool, pool house and its amenities, bikes, parking, grilling area and floating dock. Each of the 12 rooms have beautiful antiques and several have views of Silver Lake. The Castle B&B has wonderful exterior spaces including 2 screened porches, 3rd floor back open deck with a distant horizon ocean view and a front open deck with 180 degree views of Silver Lake, the Sound and the Ocracoke Lighthouse. Most rooms have original oak flooring and cypress ceilings. First floor consists of the office, parlor, snack hall, dining room, kitchen, laundry room and 4 bedrooms. Second floor has sitting area, furnished screened porch, small library, new deck, common wet bar and 7 bedrooms. Top floor has 1 large bedroom with living area, additional entry sitting area, wet bar, large shower with view of lighthouse and access to a shared widow's walk deck with unbelievable views. The Castle is a successful B&B; however, it could also be a 12 bedroom residence.
Martha Garrish
Address: 1075 Irvin Garrish Hwy
City: OCRACOKE
State/Province: NC
Zipcode: 27960
Office Phone: 252-928-7411
Office Fax: 252-928-2052
Cell Phone: 252-921-0125

Primary Features

County: Hyde
Property Sub Type: Bed and Breakfast
Property Type: Commercial
Subdivision: None
Year Built: 1954
Zoning: mixed

Interior

Air Conditioning: Central, Heat Pump, Zoned
Floor Coverings: Carpet, Tile, Vinyl, Wood
Heating: Central, Heat Pump, Zoned
Water: Municipal Water

External

Lot Description: Adj. To Common Area, Common Area, Easement(s), Level, Water Frontage
Parking/Garage: Detached, 1-25 Spaces, Parking Lot, Off Street
Roads: Paved, Public
Roof: Asphalt/Fiber Shingle
Sewer/Septic: Private Septic
Waterfront Location: Harborfront

Location

Area: Ocracoke
Full Subdivision Name: The Castle Bed and Breakfast Inn
View Description: Harbor, Sound, Salt Marsh

Additional

Business/Real Estate: Bus/ Bldg/ LF Simple
Current Use: Bed and Breakfast
Homes & Land of the Outer: yes
Ownership: Owned More than 12 Months
Status Category: Active

Financial

Actual Income: 414430
Bank Owned: no
Estimated Income: 355000
Financing Options: Cash, Commercial
Gross Income Range: $200,001 - $400,000
Potential Short Sale: no
Sale/Rent: For Sale
Tax Year: 2022
Taxes: 11085

Zoning Info


Listed by: Martha Garrish from Village Realty Holdings dba Ocracoke Island Realty 252-921-0125.

© 2024 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Village Realty Holdings, LLC DBA Ocracoke Island Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Contact - Listing ID 121555

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Martha Garrish

1075 Irvin Garrish Hwy
OCRACOKE, NC 27960
US
Phone: 252-921-0125
Fax: 252-928-2052

Data services provided by IDX Broker
{"page":"listing","idxID":"a227","listingID":"121555","extra":"155-Silver-Lake-Drive-Lot-A-Ocracoke-27960","printable":"","type":"detailsContact"}
https://www.ocracokeislandrealty.com
details.php
https://listings.ocracokeislandrealty.com
details