Possibly, but Nintendo already confirmed that this isn't the Link from Ocarina of Time. if the game takes place several decades after OoT, then how could the Hero of Time still look/be seventeen?

If anything, this will have a similar story behind this link's past as with the OoT Link's past, in that it's possible that Link's mother had left him to the care of the people of Toaru village, and then eithe rleft or died. Only in this game, he'll probably know more about his own Hylian roots than the Hero of Time knew about his own. It'd be kinda hard for him not to know, when he's seventeen and is the only person he knows with the pointed ears of the Hylian elves. if he didn't know he was "different", then others would see him as "special".

we don't want anything similar to that movie "Elf" with Will Ferret [spelled wrong for a reason]. yeah, it'd be the exact opposite (an elf who thinks he's human rather than vice versa), but still, it'd be just as stupid (and by the way, i hated that Elf movie)