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26123 Otter Way #LOT 31

Salvo, NC 27972

$1,500,000 $6,324/Mo

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Overview

Bed

7.5

Bath

3,317

Sqft

0.44

Acre(Lot)

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 i s 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.

Property Details

Property Type : Residential

Price : $1,500,000

AD Id : 65108962

MLS Id : 132688

Beds : 7

Lot Size : 0.44 Acre

Living Area Size : 3,317

Year Built : 2022

County : Dare

Subdivision: Monroe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Full Baths: 7 Half Baths: 2
Roofing Information

Asphalt
Interior Features

Elevator Roof: Asphalt Appliances: Range, Oven, Dryer, Dishwasher, Microwave, Washer Laundry Features: Laundry Room
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump

Building Information

Year Built: 2022 Building Area Total: 3317 Construction Materials: Frame Patio And Porch Features: Deck Pool Features: Outdoor Pool, Gunite, Heated, Private Private Pool: Yes View: Sound

Lot Information

Lot Size Acres: 0.44 Lot Size Square Feet: 19000

Property Information

Subdivision: Wind Over Waves Source Property Type: Residential MLS Area Minor: Salvo Soundside Property SubType: Single Family Residence Property Age: 4

Listing Price Information

Listing Price: $1500000

Tax Information

Parcel Number: 064712955930 Tax Year: 2025 Annual Tax: $5494.31

Parking Information

Off Street, Paved

Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
26329 Colony Drive #LOT 5, Salvo, NC, 27972	$2,295,000	8	8.5	5,051	5,051 SqFt
26509 Colony Drive #LOT 6, Salvo, NC, 27972	$830,000	4	3	2,135	2,135 SqFt
26259 Wimble Shores Dri.., Salvo, NC, 27972	$799,000	3	2	1,342	1,342 SqFt
27057 Ocean Street #UNIT, Salvo, NC, 27972	$1,575,000	6	5.5	3,264	3,264 SqFt
26685 Colony Drive #LOT.., Salvo, NC, 27972	$1,099,000	4	4.5	2,080	2,080 SqFt
27245 Hattie Creef Land.., Salvo, NC, 27972	$2,550,000	9	10.5	6,850	6,850 SqFt
26014 Colony Drive #LOT.., Salvo, NC, 27972	$1,200,000	7	8.5	3,758	3,758 SqFt
26232 Wimble Shores Dri.., Salvo, NC, 27972	$599,000	4	2.5	1,568	1,568 SqFt
26823 Colony Drive #LOT.., Salvo, NC, 27972	$634,000	4	3.5	2,294	2,294 SqFt
27004 Ocean Street #LOT.., Salvo, NC, 27972	$1,299,000	8	7.5	4,232	4,232 SqFt

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ByOwner last updated this listing 06/10/2026 @ 04:58

MLS: 132688 LISTED BY: Sarah Pritchard, SAGA Realty and Construction SOURCE: Outer Banks Association of REALTORS