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Semi-Oceanfront Investment Opportunity in Salvo, NC

Brand-New Construction, Ocean Views, and a Prime Rental Location – 26685 Colony Dr, Salvo

26685 Colony Dr, Salvo

Looking for a strong rental property on the Outer Banks? This brand-new semi-oceanfront home in Salvo, just completed and ready for its first season at the beach. With 4 en suite bedrooms, 4.5 baths, a flex/media room, and an in-ground pool, this property offers the features today’s vacationers look for—making it a smart choice for investors and second-home buyers alike.

Thoughtful Layout for Rentals or Second-Home Living

The top level features an open-concept living area, stylish kitchen with quartz countertops and stainless steel appliances, plus an en suite bedroom. Step out onto the covered deck for salty breezes and ocean views that renters will love.

On the lower level, you’ll find three additional en suites and a versatile flex space that can be used as a media room, office, or extra hangout spot. The elevator ensures easy access between floors, while the screened-in area flows right out to your private pool—an amenity sure to boost rental income. Underneath, there’s plenty of covered space for parking and stashing all the beach gear.

Location, Location, Location: Why Salvo Shines

Set in the heart of Salvo, this property sits near some of the best amenities the Outer Banks has to offer. Real Watersports, known as the epicenter of kiteboarding, is just minutes away. The Salvo Day Use Area is another favorite, offering shallow waters and sound access perfect for families. The multi-use path that runs through the Tri-Villages makes it easy to bike or stroll to shops, dining, and entertainment. For evenings out, head to Good Winds or Waterman’s, both offering unforgettable sunset views over the sound. Plus, you’ll enjoy sound access right across the street in Wind Over Waves.

Don’t Miss This Outer Banks Investment

Brand-new semi-oceanfront construction is rare on Hatteras Island, and this home checks all the boxes for an ideal investment property. From the strong floor plan and private pool to the unbeatable Salvo location, everything is designed to maximize rental potential and enjoyment.

26685 Colony Dr, 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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