Ocracoke Waterfront Motel and Inn Sold for .1 Million

Ocracoke’s Silver Lake Motel Sold at Auction for .1 Million

In a significant transaction for the Ocracoke community, the historic Silver Lake Motel & Inn, along with the former Jolly Roger Pub & Marine, was sold on July 29 for .1 million. The property was acquired by ABC Family, LLC, a property management firm based in Greenville. This sale not only marks a new chapter for the motel, which has been a family-owned establishment for many years, but it also signals potential growth and revitalization for the area.

The auction, conducted by Country Boys Auction & Realty Inc., drew considerable interest from various bidders, reflecting the growing demand for real estate in this charming Outer Banks locale. Dewey Dunn, vice president of real estate and marketing at the auction house, underscored the new ownership as a positive development for Ocracoke, stating that ABC Family, LLC is committed to preserving the island’s unique character and the values cherished by the local community.

Established as a notable destination for visitors to Ocracoke, the Silver Lake Motel has long been recognized for its picturesque views and hospitality. The inn’s new owners have ambitious plans to enhance the property, including modernizing infrastructure and adding amenities to improve the guest experience. Additionally, they intend to restore the Jolly Roger Pub, which was once a beloved gathering spot for both locals and tourists, to its previous acclaim. This effort aligns with ongoing trends in the hospitality industry where there is a focus on blending modern conveniences with traditional island charm.

As Ocracoke continues to attract tourists looking for scenic beauty and a unique coastal experience, the revitalization of the Silver Lake Motel represents an important step in ensuring that the accommodation offerings remain competitive and appealing. The motel and inn will continue to operate during the renovation process, allowing guests to enjoy their stay while updates are made.

The collective hope of the Ocracoke community and its stakeholders is that these changes will contribute not only to the local economy but also to maintaining the island’s identity as a picturesque retreat. As renovations progress, residents and visitors alike will be keen to see how the enhancements transform this historic establishment, marking a new era for Silver Lake Motel & Inn and revitalizing the spirit of Ocracoke Island.