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7 Beds
8 Baths
3,317 sqft

$1,500,000

26123 Otter Way, Salvo NC, 27972

Price per sqft$452.22
Built in2022
Property size3,317 sqft
Property typeResidential

Overview

Active

(10) Active - Active

Listed Apr 28, 2026

Updated 35h ago

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.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
132688

Interior Features

Bedrooms
7
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Taxes
$5,494
Tax Frequency
Annually
View
Yes
Pool
Yes
MLS provider logo

Courtesy of SAGA Realty and Construction, Sarah B Pritchard,
Listing Contact:  

Based on information from Outer Banks Association of REALTORS® as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 9/14/2026 at 4:27 AM UTC

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