25240 Island Pines Drive, Waves


Bedroom 8 bedrooms
Full Bathroom 7 full baths
Half Baths 1 half baths

  • MLS #: 123652
  • Address: 25240 Island Pines Drive, Waves, NC 27982
  • Date Listed: 10/11/2023
  • Days on Market: 133
  • SQFT: 4190
  • Acres: 0.460
  • Stipulations: No
  • Subdivision: Island Pines

Location Location

Agent Comments Agent Comments
Investor's Dream - 12% ROI: "Island Pines" is more than a vacation home; it's an investment opportunity with a proven track record as a rental machine, boasting a 10% ROI. Nestled in the charming Island Pines subdivision of Waves, this semi-oceanfront stunner sits on a quiet cul-de-sac, mere steps from the beach, yet within minutes of all the dining, shopping, and entertainment the Tri-villages have to offer. This beautifully decorated and exquisitely maintained 8-bedroom home (5 are en-suites), featuring 7 full baths and 1 half bath, offers not only stunning views but also an array of amenities almost too numerous to mention. Let's try to cover them all: TWO outdoor showers, a private heated pool, a hot tub, a beautifully landscaped and partially wooded lot, and a HUGE first-level game room with a kitchenette, wet bar, full-size refrigerator, and microwave. The first floor also boasts TWO en-suites, sundecks, and covered decks, along with a mid-level laundry area for added convenience. Ascend to the upper level and you'll be greeted by an incredible open living space with gorgeous floors, cathedral ceilings, a fireplace, and floor-to-ceiling windows that flood the area with natural light. The fully equipped kitchen features TWO dishwashers and a large island, making it perfect for gatherings. The upper level also includes a en-suite with a jacuzzi tub, providing the ultimate in relaxation. And there's even more to explore! With TWO outdoor showers, a large private lot ideal for gatherings and outdoor games, "Island Pines" offers not just a vacation but a lifestyle. From here, it's a quick two-minute walk to the beach, and a few more minutes will take you to the Rodanthe pier, a deep-water fishing haven. Waves, NC is renowned for kite-surfing and windsurfing, and you're just a quick five-minute walk from lessons and equipment rentals. Don't miss out on the opportunity to own a piece of the Outer Banks that's not only a perfect vacation getaway but also a lucrative investment. Embrace the coastal lifestyle, cherish the ocean views, and indulge in all the recreational amenities this property has to offer. Schedule a viewing today!

Amenities Amenities
  • Dishwasher
  • Dryer
  • Microwave
  • Range/Oven
  • Refrigerator w/Ice Maker
  • Washer
  • 2nd Dishwasher
  • 2nd Refrigerator

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Electric, Heat Pump
  • Floors: Carpet, Ceramic Tile, Wood Laminate
  • Interior: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Some Windows Treated, Wet Bar, 1st Flr Ensuite
  • Furnishings Available: Yes

Exterior Features Exterior Features
  • Parking: Paved, Off Street
  • Roof: Asphalt/Fiber Shingle
  • Pool: Yes
  • Exterior: Shakes
  • Waterfront Features: Semi-Oceanfront (2nd row)
  • Sewer/Septic: Private Septic
  • Approximate Lot Size: 20000
  • Pool Description: Outdoor, In Ground, Heated, Private Pool
  • Lot Description: Cul-de-sac, Level
  • Roads: Paved, Private
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • View Description: Ocean
  • Water Access: Municipal

Additional Features Additional Features
  • County: Dare
  • Property Type: Single Family - Detached
  • Year Built: 2003
  • HOA Fee Required: No - Restrictive Covenants May Apply
  • HOA Fee: 0
  • Is an REO: No
  • Bill of Sale: Yes
  • Bill of Sale Amount: 1
  • Construction: Frame, Wood
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck
  • Optional Rooms: Game Room, Loft
  • Original Price: 1350000
  • Ownership: Owned More than 12 Months
  • Primary Residence: No
  • Taxes: 4434.48
  • Tax Year: 2023

Seller's Representative: Trisha Midgett, Midgett Realty - Rodanthe
Copyrighted 2024 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.