Listing Details For 26135 Otter Way in Salvo

Closing Price:
$1,100,000
26135 Otter Way, Salvo, NC 27972
7 bd
6 ba
3484 sq ft
MLS #: 121848
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,010,000.00
Closing Date: 4/19/2024
Contract Date: 3/13/2024
Seller Concessions: Yes
Concession Comments: $10,000 credit toward closing costs
Total Days on Market:
Cumulative Days on Market: 347
Due Diligence Date: 4/12/2024

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 347
Cumulative Days On Market: 347
Listing Price: $1,100,000
Original Listing Price: $1,299,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 4/19/2024
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3484
Asking Price Per SqFt: $316.00
Heated Living Area Sq Ft: 3484
BedroomsTotal: 7
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2008
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Forced Air, Zoned
Room Type: Game Room, Home Theater, Media Room
Flooring: Carpet, Ceramic Tile, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Wind Over Waves
Subdivision Name: Wind Over Waves - Ph 2
Deed Book: 1497
Deed Book Page Number: 0346
County Pin Number: 064712955647
Price Change: 4/18/2024
Road Surface: Paved, Private
Association Amenities: Boat Dock, Boat Ramp, Board Walk, Common Area, Ocean Access, Sound Access

Lot Details

Lot Size Acres: 0.45
Lot Size Dimensions: 220x81x270x96
Lot Size Square Feet: 19500
Lot Features: Level
Lot Faces: W
Waterfront: Semi-Soundfront
View: Ocean, Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,696.00
Flood Zone: AE
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 4/19/2024
Estimated Annual Fee Amt: $575.00
Sewer: Septic Tank
Association Fee Includes: Electricity, Common Insurance, Management, Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: See Broker Notes
Exterior: Cement Fiber Board
Extras: Beach Access,Cabana,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Security System,Storage Shed,Sun Deck,Whirlpool/Spa,Tiki Bar,Boat Dock,Generator Hookup,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Shannon Bracey
Primary Residence: No
HOA Contact Info: 252-619-0999

Rental Income

Annual Rental Income: 85000
Rental Performance: 0.0842

Listing Agent Remarks

Your search for the home-that-has-it-all is complete! "Frolic Inn" is the ultimate vacation/investment home sporting a beautiful & delightful beach decor - and comes "equipped" with gorgeous sound and marsh views, sunsets, and stunning dark sky views. Frolic Inn's upper level offers a grand Pamlico Sound vista; comfortable and tasteful furnishings; a lovely cook's kitchen with two dishwashers and two stoves; dining for fourteen; a huge sun deck; a nicely furnished screened porch; and elevator access to each floor and the ground level. The master on this level has deck/screened porch access and compartmented bath and vanity areas. Welcoming, "themed" bedrooms on the next levels add to the total beach experience; each is cheerfully painted and decorated with its own coastal motif and each offers shaded outside/deck access with sloped ramp access from each bedroom. Outside on the ground level, you can take your pick from the large private pool; children's pool & sandbox; screened Tiki bar (cable-tv-ready) with hot tub and built-in picnic area; volleyball; horseshoes; basketball; and two ample storage areas for guest items. Unique, first-rate items abound: trex decking/landings; swiveling door curtain rods; 2x6 framing; 3 course rebar construction in elevator shaft; Adura tile and planking; built-in hair dryers in each bath; media room extra sound insulation; generator hookup; and even a cost saving solar-powered hot water heater (and extra new electric standby water heater). The owners have continued a high-quality standard for their home with numerous recent improvements: NEW FORTIFIED ROOF just completed; new range; new dishwashers; top floor HVAC; pool pump & heater; new living area sofa, loveseat, and swivel chairs; new dining room chairs; washer/dryer(s) replaced in 21 and 22; exterior paint; new hot tub motor; new pool table; new hammock; new extra hot water heater; and much more. Neighborhood amenities include the WOW community boat ramp/dock and boardwalk AND beach access thru reciprocal agreement with oceanside Hatteras Colony s/d. Nearby attractions are the TriVillage walk/bike path; local shopping and dining; NPS Salvo day use area; and 4WD beach access at the south end of the village. Come see all this lovely home and great location have to offer!

Directions

From NC 12 S, right onto Otter Way toward sound, at T intersection take left, second house on left. Look for sign.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 26135 Otter Way in Salvo is provided courtesy of Surf or Sound Realty - Rodanthe . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX 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. If this page disappears from this site it means the property at 26135 Otter Way in Salvo is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.

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