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$1,349,500
5 Beds ⋅ 3 Baths
With close to $200,000 in rental income showing a consistent ROI hard to match, welcome to your dream coastal retreat at 25263 Sea Isle Hills Drive in Waves, North Carolina. This 5-bedroom, 3-bathroom oceanfront home has undergone a large renovation over this past offseason, adding fantastic new amenities and updates to all bedrooms/living areas. A new set of decks highlight the most recent update. Since 2024, the growth in rental income has been consistent and impressive. Starting at $190K gross and $160K net in 2024, the numbers have since increased to $207K/$177 in 2025 and as of this writing on 5/26, the numbers are at an astounding $209K/$177K YTD. You'd be hard pressed to find a better price to rent ratio anywhere on the OBX. The five generously sized bedrooms provide ample space for family and guests, with the semi private master suite offering a private sanctuary complete with an en-suite bathroom and balcony with both ocean and sound views. Entertainment is at the heart of this home. The newly added theater room promises countless movie nights in style, while the custom arcade room provides endless fun for all ages. Outside, the expansive deck and beach access invite you to soak up the sun and enjoy the serene ocean waves. Additional highlights include hardwood floors, updated bathrooms with new fixtures, fresh paint and furnishings throughout. Located in the desirable Waves community, this home offers not only a stunning beachfront lifestyle but also close proximity to local shops, restaurants, and outdoor activities both on Hatteras Island but also not far from the central beaches of Nags Head north. Don’t miss the opportunity to own this exquisite oceanfront property, perfect for a permanent residence, vacation home, or rental investment. Contact us today to schedule a private showing and experience coastal living at its finest. For 3-D Tour copy and paste link below. https://my.matterport.com/show/?m=2unmULviGjS&play=1&brand=0&mls=1& For Aerial flyover copy and paste link below. https://listings.lighthousevisuals.com/videos/018fdf13-8e07-7124-8a9e-c8ea2a90b29e

25263 Sea Isle Hills Drive, Waves

Listing courtesy of Keller Williams Outer Banks Kdh.

$1,399,000
4 Beds ⋅ 6 Baths
Spectacular panoramic views from this beautiful oceanfront home with private pool, hot tub, game room, and elevator. This beautiful 4 bedroom, 5.5 bath home is perfect for second home or investment property with plenty of space to entertain friends and family. The reverse floor plan showcases the numerous wrap around windows to let in the light and take in the gorgeous views. Large decks on each level, and screened-in porch on the soundside of the house for watching beautiful sunsets over the Pamlico Sound. The top level offers a large great room, kitchen, dining area, half bath, and stairs to the Ship's Watch. The middle level features a primary ensuite bedroom, 3 additional ensuite spacious bedrooms all with deck access. The first level features a bonus bedroom with 2 pyramid bunks, full bathroom, and a game room with a kitchenette with access to the pool, hot tub, outdoor shower, gas grill, and fish cleaning table. See Rental Income in Associated Documents. 2026 Rental Income is as of April 6, 2026. Florida OBX RV Park owns the south lot next to the home. Home is well maintained and ready for new owners.

25019 Wimble Shores North, Waves

Listing courtesy of Island Life Realty.

$1,500,000
Opportunities like this don’t come along often in Waves. This is a truly rare chance to own over 2.23 acres of soundfront property in one of the most sought-after kiteboarding destinations on Hatteras Island. This unique offering includes two parcels. The homesite at 25796 NC 12 Highway features approximately 20,000 square feet and an existing 1,561 sq ft home, but the real value here is in the land and the possibilities it brings. The second parcel, located just to the north, adds an additional 1.7665 acres of pristine soundfront, creating a combined footprint that is hard to find and even harder to replicate. Stretching out toward the Pamlico Sound, this property offers direct access to shallow, sandy-bottom waters that kiteboarders dream about. You are just minutes from the famous Slick and REAL Watersports, making this an unbeatable location for water sports enthusiasts. With S-1 zoning, the options here are wide open. Create a private waterfront estate with room to spread out, design a small cluster home development, or explore the potential to subdivide into multiple soundfront homesites. The acreage, the setting, and the zoning flexibility make this a standout investment opportunity. Right in the heart of Waves, you are close to everything that makes this area so special, including local favorites like Good Winds and Waterman’s. Rodanthe Beach Access is just minutes away, offering parking, a bathhouse, outdoor showers, picnic tables, and seasonal lifeguards. You are also a short drive south to ORV beach access in Salvo, perfect for exploring miles of shoreline by vehicle. Whether you are dreaming of a one-of-a-kind waterfront compound or looking for your next development project, this property checks all the boxes. Wide open views, direct sound access, and endless potential right here on Hatteras Island.

25796 NC 12 Highway, Waves

Listing courtesy of Midgett Realty - Rodanthe.