Waterfront - New Construction - Seller Financing
27524 NC Highway 12 Salvo, NC
$ 800,000
Property Attributes
  • MLS#102023
  • TypeLand
  • CountyDARE
  • CitySalvo
  • AreaSalvo Soundside
  • Zip27972
  • StyleResidential
  • Taxes1581
  • Price$ 800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.94 Acres
Listing Provided Courtesy Of:
Frank Jakob @ Cape Hatteras Realty & Const.
Property Description

DEVELOPMENT OPPORTUNITY ...SEE SITE PLAN..**SELLER FINANCING**......***WATER FRONT***HIGH TRAFFIC AREA**(7,000+/- Avg Day...2.5+ Million Yr)**NC Hwy 12**...1 +/-Ac. Water Front (3) Lots ..Can Build (3) 7 Br Homes w/Pools .or (1) 21 BR "ESTATE HOME".....5 STORIES 52 FT HIGH..All Uses Permitted.. ..Possible 6 Lot Group Development....Condo's...Hotel Site ..**SELLER FINANCING 1/3 DOWN***...(15- 25+/-) Units Condos - Motel...or...Camp ground..."Tiny Houses"...*See Site Plan..3 lots....S-1 Zoning = All Uses Permitted Residential & Commercial -Located in Salvo on State Road NC 12 Access ...(7 br) Septic Permit Approved & Paid (lot #1) ...Can Ad More Br -Lots 2 +3 (21+ Br Possible)...See Site has been prep'd .."Ready to Build "+ "Bulkheaded"..with Proposed common walk way to Sound (same as Wind Over Waves Subdivision) Buyer Can Build (1-6) Homes (7- 21+ br Mansion Size Home) ...B&B... 6 lot Group Development - Condos'...Business Combo.....etc, etc.......Water Sports Delight !.........*****See "Live Oaks" on Property (Tranquil Setting)*****Nearby "Kitty HawK Kites" + "Real Kites" Resorts....+ "KOA" + "Camp Hatteras" Campgrounds & Others******Can Build 1-3 Stories High 52 Ft Max for Views Galore and Majestic Sunsets ......AE8 Flood Zone (safe) ....****NEW Side Walks + Bike Path .....NC 12 ***** Proposed New Build (6) Round Houses or Conventional Homes.....See Attached.... ***Ocean Access Across NC12 Short 1 Block Walk to Beach and Salvo 4x4 ORV Ramp + Salvo Recreational Park ***** Proposed Board Walk to Sound w/ Gazebo w/ Boat Slips (shallow water 1+/- ft access from shore line for Water Sports......Note: Deeper Water ..4 +/- ft ..further Out 1/4+ mile......Perfect Location For.... "Family Beach"..."Water Sports" Activities ..... *****3 New Bridges Now Under Construction NC 12 Nags Head to Hatteras Island a/k/a Salvo NC 27972****** *****Possible Seller Financing w/ 33% Down for Qualified Buyer.....Call Broker to Discuss before Offer*******Cash is King** Possible Seller Financing (1st Deed Trust TBD....33% Down)....for Qualified Buyers.......Call Broker. *****This is One of the Few Areas on The Outer Banks Which Allows ..."All Uses" = Residential & Commercial + Group Development ....Because S-1 Zoning with No Deed Restrictions on Lots ....All Uses Permitted*****

Price History
9/20/2018 Listed $800,000

General Features

Docs on File Deed, Land Survey, Recorded Plat, Septic Permit
Financing Options Cash, Conventional, Owner Finance 1st, Trade/Exchange
Listing Area Salvo Soundside
Ownership Owned More than 12 Months
Potential Short Sale No
Showing Instructions Vacant
Status Active
Status Active
Subdivision None
Tax Year 2017
Taxes 1581
Type Residential
Zoning S-1

Interior Features

Electric Available

Exterior Features

Approx.lot Sqft 41144
Flood Zone AE
Lot Description Level, Water Frontage
Roads Paved, Public
Timber Light
View Sound
Water Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27972

AVG $190K
AVG $3,304
AVG 135

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