Address
26123 Otter Way, Salvo, NC
Price
$ 1,500,000
Property Attributes
  • MLS#132688
  • TypeSingle Family
  • Listing Status Active
  • CountyDARE
  • CitySalvo
  • AreaSalvo Soundside
  • NeighborhoodWind Over Waves
  • Zip27972
  • StyleSingle Family - Detached
  • Year Built2022
  • Taxes$ 5494
  • Price$ 1,500,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms2
  • Sqr Footage3317
  • Lot Size0.44 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description

The Pinnacle of Hatteras Luxury: A Premier Turnkey Investment Semi Soundfront Home. Experience the gold standard of coastal living in the prestigious Wind Over Waves enclave of Salvo. This masterfully curated seven-bedroom estate represents a rare convergence of architectural scale, high-yield performance, and prime dual-water access. Designed for the discerning investor who demands both aesthetic excellence and a robust bottom line, this property is a cornerstone asset for any luxury portfolio, offering an unparalleled lifestyle defined by the rhythms of the Atlantic and the Pamlico Sound. Positioned in a coveted "best of both worlds" corridor, this retreat offers the unique privilege of panoramic sound views paired with deeded oceanfront access directly across the street. The location is an outdoor enthusiast’s paradise, situated just steps from the community boardwalk and public boat dock, which provide immediate entry to world-class kiteboarding, fishing, and sunset vistas. Wind Over Waves remains one of Hatteras Island’s most sought after communities, synonymous with privacy, prestige, and high-demand rental performance. The outdoor living space is engineered to provide a private experience, ensuring maximum guest retention and premium nightly rates. A custom-heated L-shaped concrete pool serves as the centerpiece of the grounds, complemented by a dedicated kiddie pool and a hot tub station for year-round relaxation. The expansive sun decks are framed by high-end, low-maintenance Trex decking and white vinyl railings, ensuring the property maintains its polished, coastal aesthetic against the salt air for years to come. Inside, the home spans three levels of refined design, optimized for high-occupancy luxury and multi-generational appeal. The sprawling top-level Great Room features an open-concept chef’s kitchen and grand dining areas tailored for large-scale entertaining. The accommodations are equally impressive, featuring multiple King EnSuites that provide the privacy of a boutique hotel. Thoughtful functional details, such as a dedicated recreation room with a wet bar and a seamless three-stop elevator, ensure that every guest need is met with ease. This property is far more than a coastal retreat; it is a high-performing financial vehicle. With current annual rental income of approximately $100,000, the estate leverages its significant bedroom count and resort-tier amenities to capture the peak of the Hatteras vacation market. Whether positioned as a 1031 exchange candidate or a legacy family asset, this newer construction masterpiece checks every box for the sophisticated buyer seeking stability and style in a premier water-access location.

Price History
4/28/2026 Listed $1,500,000

General Features

Zoning S-1
HOA Fee 575
Subdivision Wind Over Waves
County Dare
Class RESIDENTIAL
Type Single Family - Detached
Area Salvo Soundside
Ownership Owned More than 12 Months
Status Active
HOA Yes
City Salvo
Taxes 5494.31
DOM 143

Interior Features

Total Bedrooms 7
Full_Baths 7

Exterior Features

Pool Yes
Waterfront Location Semi-Soundfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 27972

Price
AVG $1.01M
$1.5M
Taxes
AVG $24,307
$5,494
Year Built
AVG 2004
2022
Visits
AVG 133
78
Data Provided by Inside Real Estate®