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26123 Otter Way , Lot 31

Salvo, NC 27972
  • $1,500,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 132688
UPDATED: 53 min ago
$1,500,000
  • 7
    BEDS
  • 0.44
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
2022
County:

School Ratings & Info

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.

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© 2026 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Midgett Realty. Data last updated: 2026-06-12T06:37:46.79.
www.midgettrealtysales.com/homes/175872841
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26123 Otter Way , Lot 31 Salvo, NC 27972

  • Price: $1,500,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 53 min ago
  • MLS #: 132688
7
Beds
7
Baths
2
½ Baths
0.44
Acres
2022
Built
Neighborhood:
Wind Over Waves
County:
Dare
Area:
Salvo Soundside
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.
Exterior Features

Architectural Style ContemporaryCoastal Construction Materials Frame Covered Deck Size 135 Exterior Cement Fiber Board Foundation Details PilingSlab Garage Carport Parking Features Off StreetPaved Pool Yes Pool Features Outdoor PoolGuniteHeatedPrivate Pool Type Private Roof Asphalt Sun Deck Size 465

Interior Features

Appliances DishwasherDryerMicrowaveRange/OvenRefrigerator w/Ice MakerWasher2nd Dishwasher2nd Refrigerator Cooling Central AirHeat Pump Countertops Quartz Furnishings Available YN Yes Heating Forced AirHeat Pump Room Type Game Room

Property Features

Assoc Fee YNOr Voluntary Yes Association Amenities Ocean AccessSound AccessBoard Walk Bank Or Institution Owned No Buyer Financing CashConventionalJumbo Loan Extras Boardwalk to BeachCeiling Fan(s)Covered DecksElevatorHot TubLandscapedOutside ShowerInside Laundry Room Fuel Tanks None Lease Terms Variable Primary Residence YN No Property Sub Type Single Family Residence Road Surface Type Paved Sale Or Rent S Sewer Septic Tank Short Sale YN No Short Term Rental Restrictions No Tax Annual Amount 5494.31 Tax Year 2025 View Sound Water Source Municipal Waterfront Features Semi-Soundfront Zoning S-1

Listing courtesy of Sarah Pritchard of SAGA Realty and Construction: .


© 2026 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Midgett Realty. Data last updated: 2026-06-12T06:37:46.79.
 
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Midgett Realty
PO Box 114
Rodanthe NC, 27968
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