Name of an older VHS movie where a Boy becomes friends with an Otter?


What I remember of it as a kid was this Boy becomes friends with an Otter on some older beachfront/lakefront house. I loved this movie as a kid. I watched it on some 80s/90s VHS tape years ago.

Ring of Bright Water

OMG that's it!!! I actually bought a used VHS copy on ebay just now!!!
Can't wait to re-live my childhood memories.