You hit the nail on the head there.
This post has taken on a life of it's own.
Ocracoke through Disney PhD's eyes.
There is a bed and breakfast right on Sliver Lake (the bay) before the light house. The Castle Bed and Breakfast (ok so it is anything but small). It used to be my grandfathers house (he died 30 years ago, it was empty and falling apart for years.) The owners have fixed it up great, I love to visit there (but it has sentimental reasons for me.) The cottage across the street is where we used to stay growing up (it was the family cottage and we took turns using it.) It is much nicer now, the current owners have fixed it up very nice.
Almost every restaurant is good, they have to be or they just don't make it. Wonderful seafood. DH likes
Pony Island Inn restaurant for good not $$ food.
Captain Bens is good but the princes are higher. The cost of living is high on the Island, it is hard to get things in. There are some fun shops too. My favorite is
Village Craftsman on Howard st. (a small dirt road right in middle of town.) A distant cousin on my grandmother's side runs it. (Howard is an old family name for the Island, my Great Grandmother was one.) Villeage Craftsman is full of great hand made things. Howard st. in and of it's self is a fun one to walk down, wear bug spray. My Aunts house is off this street too, it is the other place we used to stay growing up.
The local community puts on lots of events during the summer too. Plays, and things like that. There is a bookshop near the school and a little Thai place that is very nice next to it.
Going to Ocracoke is really all about who you are with, going to the beach and getting away. That is what you have with you. Bring games and things to do together. It is family time for us. It is great to have a bike, but be careful the more congested parts of town can get dangerous as too many cars in a place not made for that many cars gets crazy. You can rent bikes too.
Oh and no one can miss Howard's Pub, you haven't been to Ocraocke if you don't stop in. I wonder if Molasses creek still plays??? It was 2005 the last time we went. I miss it, but we often go with family and my father (who spent his summers there as a child) is very sick so he can't make the trip. I have been with out him in the past, but it isn't the same when he isn't there. We now normally rent a big cottage and all stay there. Last time we stayed at the sand dollar motel. (everyone had there own room, we had most of the motel rented out.) It is a little whole in the wall really, but fun and has a nice small pool the kids loved. If you want a motel there are number of them. Blackbeards is nice and Island Inn. I used to be there was no pools on the Island. Around mid 1980's Island Inn got a pool (the 1st one) since my father was friends with the owner he used to let us swim there. It was always strange for us, we never swam in a pool there before. There is a cute coffee shop bookstore now too.
Here are some websites.
Rentals
http://www.ocracokeislandrealty.com/index.htm
Main website
http://www.ocracokeisland.com/
Fun things we have done other then beach and shopping. Parasailing. (very cool) Deep sea fishing (DH likes it more then me.) Sunset cruise on a schooner sail boat. Fireworks on 4th July (with local parade too.) Surfing is great and you can drive cars out on the beach if they are 4 by 4s. (My dad did this once with a mini van, I DO NOT RECOMMEND IT.) There is a no car, and car place on the beach. Fishing on the beach is popular too. You can ride out to the point too, and that is really neat. The main beach now has restrooms and outdoor showers for day trippers. That is nice (and new in the past 5 years.) The bugs are bad, bring bug spray. They have these green eyed flies that bite and they are bad. DH didn't believe me at 1st, thought made them up. He knows better now.
If you are looking for excitement and big towns, Ocracoke isn't it. If you are looking for a fun small town Island full of charm, no chain places at all, lots of neat small shops and great places to eat, no street lights even and a great beach, then visit. There isn't any place like it anymore (that I have found.) Most locals are fun, friendly and a little bit quirky. I love hearing my dads stories about the place when he was growing up.
Bring what you need with you. It can be hard to find on the Island.
Sorry, I got carried away. I miss the place. Not sure if we are going this summer, but it isn't looking like it. Next summer for sure, I can't stay away too long. It is in my blood.