$1,800,000
SOLD DEC 1, 2025

155 Silver Lake Dr Ocracoke, NC 27960

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Recently Sold

10% Below List Price

22 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • 0.51 Acre Lot
  • Zoned Heating and Cooling System
  • Ocracoke School Rated 9+
  • Wood Flooring
  • Wood Siding

About This Home

As of December 2025

Ocracoke's finest available to be yours! "The Castle" is a coastal cedar shake Bed & Breakfast with architectural flair. Numerous dormers adorn its harbor front facade, providing water views in many of the bedrooms. This historic home was reimagined and modernized in the late 1990s and transformed into a 12 bedroom, all with private en-suites, very successful B&B. The on-site innkeeper greats you upon entry in the foyer as you make your way into the spacious living room & pool room. First floor features 4 bedrooms for ease of access, large kitchen, formal dining room, and laundry room. Second floor promotes 7 bedrooms, screened in porch, and common area sitting room. On the third floor you can find a large suite with sitting area that ultimately brings you to the roof top sunset deck looking over Silver Lake and the Lighthouse. Hardwood floors, cypress wall coverings, classic trim details, antique furnishings, you can't find many historic properties this well adorned. Plenty of onsite parking and long standing operational personnel. The B&B shares in the use & enjoyment of the floating dock in Silver Lake, pool, and sauna spa. This long running, successful, 12 bedroom B&B is turn key and ready for you to make your Ocracoke dreams a reality.

Last Agent to Sell the Property

William Adams

The Rich Company of Ocracoke/OBX License #336776 Listed on: 06/10/2025

Co-Listed By

William Rich

The Rich Company of Ocracoke/OBX License #25611

Last Buyer's Agent

Joseph Staten

OBX Island Realty License #270090

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,588

Year Built

  • Built in 1954

Lot Details

  • 0.51 Acre Lot
  • Property Fronts a Bay or Harbor

Home Design

  • Wood Siding

Flooring

  • Wood
  • Tile

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot Lot A

Property Details

Property Type

Other

Est. Annual Taxes

$15,588

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Headline: The Castle on Silver Lake
  • Zoning: None
  • PropertySubType: Bed and Breakfast
  • PropertyType: COMMERCIAL/INDUSTRIAL
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: 569025148
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • B_VIEW_DESCRIPTION: Harbor,Sound,Salt Marsh
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile, Wood

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Harborfront
  • Construction Type: Wood Siding

Utilities

  • Heating: Central, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 22200.0

Building Info

  • Year Built: 1954

Tax Info

  • Year: 2024
  • Tax Annual Amount: 15587.66
  • Tax Lot: Lot A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Dec 1, 2025
Sold by
Green Water Traders Llp
Bought by
155 Silver Lake Llc
Seller's Agent
William Adams
The Rich Company of Ocracoke/OBX
Buyer's Agent
Joseph Staten
OBX Island Realty
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1093384.74%
Original Mortgage
$1,237,500
Outstanding Balance
$1,237,500
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$2,550,217

Purchase Details

Closed on
Sep 3, 2024
Sold by
Giordano Anthony David
Bought by
Anthony D Giordano Trust and Giordano

Purchase Details

Closed on
Mar 26, 2024
Sold by
Glenn R Currin Revocable Trust and Currin Glenn R
Bought by
Nc Coastal Land Trust

Purchase Details

Closed on
Mar 10, 2022
Sold by
Wells Robert E
Bought by
R Wells Revocable Living Trust

Purchase Details

Closed on
Aug 1, 2007
Sold by
Castle Properties
Bought by
Green Traders Llp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,800,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $4,242,500 None Listed On Document
Gift Deed -- Parks Zeigler Pllc
Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,237,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Sold $1,800,000 -10.0% --
07/02/2025 07/02/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $2,000,000 0.0% --
06/11/2025 06/11/25 Off Market $2,000,000 -- --
06/10/2025 06/10/25 For Sale $2,000,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,588 $0 $0 $0
2023 $9,881 $1,093,326 $585,000 $508,326
2022 $8,651 $945,512 $585,000 $360,512
2021 $7,733 $0 $0 $0
2020 $7,470 $945,512 $585,000 $360,512
2019 $9,570 $1,211,448 $585,000 $626,448
2018 $9,449 $1,211,448 $585,000 $626,448
2017 $10,866 $1,671,630 $831,250 $840,380
2016 $14,431 $1,671,630 $831,250 $840,380
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 129584

Outer Banks Association of REALTORS®

APN: 9500188733