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    Nc 12 Hwy Salvo, NC 27972

    For Sale
    $6,000,000

    Residential - Salvo, NC

    Lot size:
    653,397.00 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for Nc 12 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    653,397.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Midgett Realty (252) 986-6321 [email protected]

    Listing agent Dan Johnson (252) 986-6321 License #90206

    Listing date Oct 11, 2025

    MLS# 130742 Listing URL

    Copyright © 2025 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hatteras Island Soundfront Development Opportunity

    This is the last remaining untouched 15-acre soundfront property on Hatteras Island, offering an exceptional opportunity for development. The expansive parcel is rich with mature water oaks and dense natural vegetation, providing privacy and beauty. Zoned S-1, the property allows for multiple development possibilities, including up to 8 estate-sized residential lots, a private secluded compound, or hotel and hospitality use. This property presents a unique chance to create something extraordinary in a sought-after location on the Outer Banks.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salvo
    County
    Dare
    State
    North Carolina
    Longitude
    -75.4743
    Latitude
    35.5405

    FAQs

    What type of property is this?
    Land - Last undisturbed 15-acre soundfront parcel on Hatteras Island.
    Where is this land located?
    The property is located at Nc 12 Hwy Salvo, NC.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Last Undisturbed 15-Acre Soundfront Parcel on Hatteras Island; - Zoned S-1, allowing for multiple development possibilities (residential lots, private compound, hotel); - Expansive parcel offers privacy and beauty
    (252) 986-6321
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    Salvo, NC 27972
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nc 12 Hwy Salvo, NC 27972
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