Mellow Yellow is your turn-key investment opportunity that captures the vibrant spirit of the Tri-Villages. The beautifully maintained 5 bedroom 3 full bath and 1 half bath beauty in Waves has been well maintained and is a short distance to the beach on a quiet cul-de-sac. Boasting the must needed amenities that every renter is seeking with a private pool, hot tub and a dedicated game room with a wet bar. Centrally located giving easy access to the local restaurants and sound side activities. This home is designed to maximize rental income with ocean and sound views. The kitchen features bar seating area, a nice size kitchen pantry and granite countertops. The space allows for a ton of natural light with it’s cathedral ceilings and open floor concept. The lower level has a game room, wet bar and an additional full-size refrigerator and easy access to the pool. Don’t miss out on the opportunity to let beauty be your next investment portfolio. See associated docs for the list of updates and improvements.
Looking for the perfect beach retreat just steps from the ocean? Welcome to this charming 3-bedroom, 2-bath home in the heart of Waves — only three lots from the beach with deeded access! This classic coastal cottage has been beautifully updated, featuring a FORTIFIED roof (2022), new exterior siding (2023), fresh decking (2023), new blinds, and gorgeous stranded bamboo flooring with new carpet installed in 2023. Sitting on a spacious lot, it offers tons of outdoor living. The big wraparound deck is perfect for morning coffee, afternoon sunshine, or unwinding in salty breezes. Under the home, you’ll find great storage for kayaks and boards, a picnic space, a fish-cleaning station, and a custom outdoor shower you’ll want to use every single day. Inside, the open living, dining, and kitchen area is warm, inviting, and full of beach flair. Three comfortable bedrooms and two full baths make this the ideal second home, vacation retreat, or year-round getaway. You’re right in the heart of the Tri-Village area, close to everything! Kiteboarders and windsurfers will love being minutes from the Salvo Day Use Area — soundfront beaches, picnic spots, shallow water, and steady breezes. Rodanthe Pier is just up the road for fishing and sightseeing. When hunger strikes, head over to local favorites like Good Winds and Waterman’s for fresh seafood, sunset views, and live entertainment. Don’t miss your chance to snag this incredible Waves retreat!
Welcome to Treasure Chest — your semi-oceanfront retreat in Waves! With the community boardwalk just steps away, getting to the beach is a breeze. Drop your bags, kick off your flip-flops, and settle into this 4-bedroom, 3-bath coastal getaway built for easy living and good memories. A solid investment opportunity, this home has earned $51,000 in annual rental income for the past three years — a dependable performer with repeat guests and strong booking history. The top level is bright and welcoming with ocean views, vaulted ceilings, and sunshine pouring in. The kitchen has plenty of room for everyone to gather, and the screened porch right off the dining area is made for seafood dinners and salty breezes. The loft offers another great hangout spot — puzzles, card games, cocktails, or a quiet place to read. Head out to the spacious sun deck and enjoy those wide open ocean views — morning coffee, evening stargazing…you’ll want to spend all day out there. Two king en-suites, a comfy queen bedroom, and a bunk room for the kiddos give everyone their own space. Several bedrooms have deck access, so you can slip outside and enjoy those Outer Banks nights under the stars. And yes — there’s even a luggage lift! Outside might just be your favorite part. The private pool, tiki bar, gazebo, and hot tub bring the fun home all day and into the night. You’ve got a sandy volleyball court for friendly competition, plus a fish cleaning station and outdoor shower to make beach days easy. And the location? It’s hard to beat. You’re in a wonderful oceanside community close to everything that makes Hatteras Island special — watersports, great restaurants, quiet beaches, and that laid-back lifestyle everyone falls in love with here. Whether you’re soaking up the sun on the deck, grilling by the pool, or spending all day on the beach, Treasure Chest is ready for its next happy owner. Come see why life is better by the sea — and claim your slice of Waves!
Location, Location! Shops, Restaurants, Dairy Queen and the beach within walking distance. A short drive to two famous lighthouses, Bodie Island (North) and Cape Hatteras (South),. Or perhaps drive south to Hatteras Village & take a short ferry ride to historic Ocracoke Island. Enjoy fishing in the Ocean Surf, the Pamlico Sound, or the Rodanthe fishing pier which is just 2 miles away. Drive either North or South and enjoy some of the best charter fishing on the east coast! Lots of room to spread out, with 5 bedrooms, 4.5 baths and a game-room with pool table! Tons of outdoor living on expansive decks, pool and hot-tub. A must see, the family will love it!
Island Pines is a semi-oceanfront retreat with a proven track record of strong rental income. Tucked away in the quiet Island Pines subdivision of Waves, this 8-bedroom, 7.5-bath home features 5 en suites, a huge game room with wet bar and kitchenette, and a light-filled great room with cathedral ceilings and a cozy fireplace. Recent updates include granite countertops, new luxury vinyl flooring in high-traffic areas, carpet replaced with LVP in the master bedroom, puzzle room, stairs, and hallways, two new sliders, low-maintenance vinyl-trim windows, and exterior upgrades including deck repairs and lighting. Guests love the private heated pool, hot tub, multiple sun and covered decks, two outdoor showers, and beautifully landscaped, partially wooded lot. The gourmet kitchen boasts two dishwashers and a generous island, while the top-level en suite includes a jacuzzi tub for ultimate relaxation. Just steps from the beach and minutes to Rodanthe Pier, local dining, shopping, and world-class kiteboarding, Island Pines delivers both lifestyle and investment appeal.
When the stars align, the perfect beach home comes along—and COUNTING STARS is just that. This well-appointed 3-bedroom, 2-bath home is situated on a spacious corner lot in the heart of Waves, one of Hatteras Island’s most sought-after coastal communities. Designed for laid-back living, the property features a private pool, a fun tiki bar for entertaining, a hot tub, and a fully fenced yard that’s ideal for pets. Inside, the reverse floor plan offers two bedrooms (a queen and a bunk room) and a full bath on the first level. Upstairs, the king primary suite is tucked away for privacy. The open-concept great room is filled with natural light and opens to a wide deck with beautiful sound views—perfect for catching the sunset at the end of a beach day. With thoughtful features like an outdoor shower and a bright, well-equipped kitchen, this home checks all the boxes for your island lifestyle or investment goals. Whether you're seeking a primary residence, second home, or income-generating property, COUNTING STARS offers charm, comfort, and a prime location—with over $30,000 in annual rental income already on the books.
Discover one of the best values in Waves — a spacious oceanside retreat with sweeping sunsets and panoramic views over the Pamlico Sound. With direct access to a wide, uncrowded beach, this home delivers the coastal lifestyle everyone dreams of. The new price makes this an incredible opportunity, and the seller is sweetening the deal with a 2% closing cost credit or interest-rate buy-down through a Tri-party agreement. Offering over 2,700 sq. ft. with 9' ceilings, this home provides room to spread out, relax, and enjoy. Multiple levels of decking capture every angle of the sun and scenery. Outside, your private oasis awaits with a pool, hot tub, and outdoor shower — perfect after a day on the beach. Inside, the layout is designed for comfort and fun including a game room with billiards, theatre/media room, mid-level den for extra lounging, four large bedrooms and 4.5 baths, including two ensuite bedrooms on the upper levels. Convenient first-floor amenities feature a wet bar, laundry, and full bath with easy pool access. This home comes fully furnished and boasts a strong rental history, generating $40K–$50K in owner gross income annually over recent years — a true turn-key investment and vacation haven. Quality features include Trek decking, solid 6-panel wood doors, cedar-lined closets, dual water heaters, and durable LVP flooring. Numerous updates since 2021 add peace of mind. Wake up to sunrises over the Atlantic and end your day with unforgettable sunsets over the Sound. Whether you're seeking a personal getaway, a high-performing rental, or both, this coastal retreat checks every box!
Welcome to 25224 Mac Oca Drive – your perfect Outer Banks escape! This spacious 5-bedroom, 3.5-bath home offers the ideal blend of comfort, convenience, and coastal charm. Located in the sought-after village of Waves, this beautifully maintained property is just minutes from the beach, sound access, and all the best dining and outdoor activities Hatteras Island has to offer. Inside, you’ll find an open-concept living area filled with natural light, a well-appointed kitchen with modern appliances, and generous bedrooms perfect for hosting family and friends. Multiple decks invite you to relax with ocean breezes and sunset views. Step outside to your private backyard oasis, complete with a sparkling pool – perfect for cooling off after a day at the beach or enjoying warm summer nights under the stars. Currently in the rental program with Vacasa, this home is an excellent investment opportunity. Whether you’re seeking a vacation rental investment, second home, or full-time residence, this home checks every box for an ideal coastal lifestyle. Don’t miss your chance to own a slice of paradise in Waves!
??? BIG PRICE DROP! SELLER SAYS “BRING OFFERS!” This is your chance to snag a fantastic home at an incredible new price. Motivated sellers have made a bold reduction to get this home sold NOW. Act fast before someone else takes advantage of this rare deal. This rejuvenated oceanfront beach house features a freshly painted exterior and interior, new flooring, direct beach access, and captivating ocean views. There is even room for a pool to be added. • The first floor includes an entryway with ample storage, a full bathroom, a laundry area, and a sitting room. • The mid-level comprises four bedrooms, two bathrooms, and an oceanfront deck accessible from two of the bedrooms, along with a bonus room. • On the upper level, a spacious great room beckons, a cathedral ceiling enhanced by natural light streaming through numerous windows, as well as the master bedroom and a half bath. • Step outside onto an expansive oceanfront deck, equipped with built-in seating, ideal for relaxation while enjoying the soothing sounds of the ocean waves. Additional amenities include paved parking, an outdoor shower and convenient access to shopping, dining, bike rentals, ice cream parlors, and coffee shops.
Welcome to Isle Be Sea’n You! This turn-key 5 bedroom home is situated on the oceanside in the Waves community. The home has been updated and well maintained making it the perfect property for your next investment or second home! Located just a few homes from the community pool, tennis court, and beach access. The ground level has parking under the house, outdoor shower, fish cleaning table, picnic area, and enclosed storage for all of your beach equipment! The entry level offers a foyer with access to the laundry area, 2 bedrooms, 1 full bathroom, and the in-home theater room. The theater is complete with an 82-inch TV, Blu-Ray player, Bose surround sound, tiered seating for 9, plus 2 VIP style seats. The second floor has 2 spacious bedrooms and 1 full bathroom. The top floor offers the main living area with electric fireplace and vaulted ceiling with skylights, kitchen and dining area. The kitchen has stainless appliances, newer fixtures and a farm style sink. The Crows nest has additional sleeping space with a daybed and half bath with its own deck access. The top floor decks has plenty of space for entertaining or relax in the hot tub. Come enjoy the views from the crow’s nest, screened porch or deck!
Waves is located in North Carolina. Waves, North Carolina 27982has a population of 46. Waves 27982 is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 24.89%.
The median household income for the surrounding county is $69,500 compared to the national median of $69,021. The median age of people living in Waves 27982 is 60.1 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 38.4 degrees. The average rainfall is approximately 55.1 inches per year, with 1.3 inches of snow per year.
