Ottersbo is a village in the municipality of Ørland in Trøndelag county, Norway. It is located along the Stjørnfjorden, about 1 kilometre (0.62 mi) east of the Austrått manor near the border with Bjugn municipality.

Ottersbo was built during the years 1977–1980. It is a peaceful quiet area with approximately 100 houses only about 8 kilometres (5.0 mi) east of the municipal center of Brekstad. The 0.32-square-kilometre (79-acre) village has a population (2018) of 392 and a population density of 1,225 inhabitants per square kilometre (3,170/sq mi).