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New Oceanfront Investment Opportunity at 26329 Colony Drive, Salvo

Meticulously Maintained Retreat with Proven Rental Income

26329 Colony Drive, Salvo
26329 Colony Drive, Salvo

Located in the heart of Salvo on Hatteras Island, this stunning oceanfront home combines everything investors are looking for: strong rental performance, exceptional maintenance, breathtaking views, and amenities that keep guests coming back year after year. With a proven track record of generating more than $200,000 in annual rental income, Casey’s Place offers an opportunity that’s becoming harder and harder to find on the Outer Banks.

A Proven Vacation Rental Investment

One of the first questions investors ask is simple: “How does it perform?”

Casey’s Place answers that question immediately. This property has consistently generated over $200,000 in annual rental income while maintaining a reputation as a guest favorite. The combination of direct beach access, spacious accommodations, resort-style amenities, and a prime Salvo location creates the kind of experience vacationers are willing to pay for year after year.

For buyers looking to offset ownership costs while enjoying personal use of the property, Casey’s Place offers the ideal balance of income production and lifestyle.

Oceanfront Views That Sell Themselves

The moment you step inside, the Atlantic Ocean takes center stage.

The top-level great room features soaring cathedral ceilings and a dramatic wall of windows that showcase endless ocean views. Natural light floods the space throughout the day, creating the bright, coastal atmosphere guests expect when they book an Outer Banks vacation home.

Multiple oceanfront decks provide front-row seats to sunrise over the Atlantic. Whether it’s morning coffee, afternoon dolphin watching, or evenings spent listening to the waves roll in, these outdoor spaces are a major part of what makes this property so special.

Resort Style Amenities Guests Love

Successful rental homes offer more than just a place to sleep. They create experiences.

Casey’s Place features a private heated pool nestled beside the dunes, a seven-person hot tub, outdoor bar area, direct beach access, enclosed outdoor showers, elevator access, and plenty of room for large groups to gather comfortably.

Inside, guests enjoy multiple ensuite bedrooms, spacious gathering areas, an ocean watch lounge with panoramic views, and a floor plan designed for both privacy and togetherness.

These are the amenities that drive repeat bookings and strong rental performance.

Meticulously Maintained and Truly Turn Key

One of the most impressive aspects of Casey’s Place is the level of care the current owners have invested in the property.

Over $270,000 in recent improvements have been completed, including a Fortified Roof, HVAC replacements, tankless water heaters, refinished hardwood floors, updated furnishings and décor, elevator improvements, exterior trim and paint work, pool upgrades, and more.

This is not a property that has been neglected in favor of rental income. It has been continually updated and maintained to provide an exceptional guest experience while protecting the long-term value of the asset.

For investors, that means fewer immediate capital expenditures and greater peace of mind.

Oceanfront homes with this level of maintenance, rental performance, and guest appeal rarely become available.

If you’re looking for an Outer Banks investment property that offers strong income potential, stunning views, and a proven track record of success, Casey’s Place is worth a closer look.

26329 Colony Drive, Salvo

Trisha Midgett

Hi, I’m Trisha Midgett, broker-in-charge at Midgett Realty and the lead agent of Trisha Midgett & Team, a top-producing real estate team on the Outer Banks. I’ve been helping buyers, sellers, and investors navigate the Outer Banks real estate market for over 30 years, with a strong focus on Hatteras Island and the surrounding OBX communities. From oceanfront vacation homes to second homes and investment properties, my team and I work across the entire Outer Banks, including Nags Head, Kill Devil Hills, Kitty Hawk, Manteo, Corolla, and Ocracoke. In 2024, our team closed 212 transactions, followed by 181 transactions in 2025, reflecting a consistent track record of results in a unique coastal market. I specialize in second homes, vacation properties, short-term rental and investment real estate, and seller strategy, helping clients understand pricing, rental potential, and long-term value. With decades of experience on the Outer Banks, I bring deep local knowledge of neighborhoods, rental dynamics, and market trends to every transaction. Clients often tell me they appreciate my honest advice, fast communication, strong negotiation skills, and laid-back, easy-to-work-with approach. I’m honored to have earned over 450 five-star reviews on Zillow, 220+ Google reviews, 171 five-star Homes.com reviews, 122 five-star FastExpert reviews, and a 5-star rating on Realtor.com, with verified transaction history publicly displayed. I’ve also been recognized as one of America’s Top 100 Real Estate Agents™ for North Carolina, received HomeLight Top Producer and Top Negotiator Awards, and earned Outer Banks Coastal Life Readers’ Choice Best Real Estate Team honors. Whether you’re buying your first beach cottage, selling a vacation rental, or investing in a second home on Hatteras Island or anywhere on the Outer Banks, my team and I are here to guide you every step of the way and make the process as smooth and successful as possible.
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