$1,395,000

Residential Waves

  • 5 Beds
  • 2,368 Sqft
  • 13,068 Sqft lot
  • Updated: June 24
  • MLS#132978

About the Property

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
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.

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  • Property type

    House

  • Year built

    1985

  • Price/sqft

    $589

Features

  • Pool
  • Waterfront
  • Game Room
  • Oceanfront
  • Cinema
  • Beachfront
  • Renovated
  • Balcony
  • Investment Property

Explore the Area

25263 Sea Isle Hills Drive #Lot#4-1, Waves, NC 27982, North Carolina, United States View on Google Maps
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Ian Lassiter

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Ian Lassiter
United States
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3
Listings
2023
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Outer Banks
Outer Banks
2400 N Croatan Highway, Suite D1, 27949, Kill Devil Hills, United States
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Last updated
June 24
First listed
May 27
Agent licence
#273751
Listing reference
2119989687081306
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