NOT LISTED FOR SALE

26164 Otter Way Kinnakeet, NC 27959

Salvo Neighborhood
6 Beds
6.5 Baths
3,272 Sq Ft
0.42 Acres

Last Sold August 25, 2020

Last sale price $600,000 $183 Per Sq Ft

295 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • In Ground Pool
  • Ocean View
  • Home fronts a sound
  • Second Refrigerator

About This Home

As of August 2020

Soundfront living at its finest!! Incredible investment opportunity!! If you are looking for the perfect vacation home or investment property...look no further!! "Sounds Fantastic" lives up to its name!! Located in Salvo in the beautiful Wind Over Waves subdivision, this property offers beach and sound access, community boat ramp and kayak ramp, the opportunity for limitless water activities - from kiteboarding to kayaking to boating to jet skiing - plus the most beautiful sunsets on all of Hatteras Island!! On the first floor is the game room, complete with pool table, TV with DVD player and wet bar with full-size refrigerator and microwave. A bedroom with two single beds shares a semi-private bath with shower with the game room. Both the bedroom and the game room have doors opening onto the spacious, breezy shaded deck overlooking the pool area. The mid-level has four bedrooms. Two king masters open onto another beautiful deck that wraps around the entire house and offers spectacular sound views. A queen master bedroom and a master bedroom with two bunk sets complete this level. Upstairs is the great room with hardwood floors and panoramic views of the sound. The spacious kitchen with wine cooler and breakfast bar will provide ample opportunity for scrumptious family feasts. A dining room with plenty of seating opens onto a unbelievable soundside sun deck. Bask in the sun and enjoy the beautiful views or just relax on the built-in bench seating in the reading nook with a good book. This level also contains and additional half bathroom as well as another king master bedroom with a custom-tiled shower and deck access. Spend your days lounging in the sun on the wide pool deck...cool off in your beautiful private pool or soak your cares away in the soothing hot tub. Nearby are local shops, an ice cream parlor, and the community sound access with dock and boat ramp. No wonder this home is such a solid rental performer with more than 11% ROI and more than $65K already on the books for 2020 in spite of the shortened rental season!! Start your fantastic sound front life at "Sounds Fantastic"...come and visit today!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/17/2019

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,366

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,272 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 38

Community Details

Overview

  • Association fees include common electric, grounds maintenance, road maintenance, walkways
  • Tom Amatucci Association, Phone Number (443) 928-8007
  • Wind Over Waves Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,366

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: VE
  • Subdivision Name: Wind Over Waves - Phase 2
  • Heated Sq Ft: 3272
  • L V T Date: 09/17/2019
  • Phase: 2
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Advertised Income 2020: 68259
  • Deed Book Pg Number: 0077
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Corian
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound, Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Grounds Maintenance, Road Maintenance, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 480
  • Hoa Contact: Tom Amatucci
  • HOA Contact: 443-928-8007

Lot Info

  • Estimated Lot Sq Ft: 18500
  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 38
  • Estimated Lot Size: 0.42
  • Deed Book: 1622

Rental Info

  • Est Annual Rental Income: 73723
  • Estimated Rental Performance: 0.1229
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Sounds Fantastic
  • Rental Cottage Number: SA238
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jennyh@midgettrealty.com
  • Rental Contact Name: Jenny Hooper

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 4366.15

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $600,000 -7.6% $183 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
09/17/2019 09/17/19 For Sale $649,000 -- $198 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106546

Outer Banks Association of REALTORS®