Silver Lake Motel property on Ocracoke Island sells for $4.1 million at auction

Aerial of Silver Lake Motel & Inn on Ocracoke Island. (Photo by Country Boys Auction & Realty)

By Joy Crist | Island Free Press

The Silver Lake Motel & Inn, a nearly 50-room waterfront lodging complex in the heart of Ocracoke Village, sold for $4.1 million at a recent New Bern auction, according to an update from the auction’s managing company, Country Boys Auction & Realty.

“The property was sold to a Greenville, NC family-based company for $4.1 million,” stated Dewey M. Dunn, Vice President of Real Estate and Marketing, in a social media update. “The buyers are excited to make these properties island gems again and to bring back the Jolly Roger!”

The property consists of five contiguous parcels totali

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