Welcome to Caribbean Wave, a premier 5,218 sq. ft. ocean view estate just steps from the beach in Rodanthe, NC. This expansive 8-bedroom, 8 full and 1 half-bath custom-built home offers the ultimate coastal lifestyle with luxury features throughout and room for the entire extended family. Outside, enjoy a private pool, bubbling hot tub, picnic area, and easy access to the ocean and Rodanthe Pier—perfect for fishing, sunbathing, or simply relaxing to the sound of the surf. A fish-cleaning station with water and lighting adds to the outdoor convenience, and there’s ample parking for up to 8 vehicles. Inside, the home is loaded with resort-style amenities across four levels, all accessible by elevator. The ground level includes a kitchenette with a full-size refrigerator, a ping pong area, and easy access to the pool deck. The second level offers a full game room with pool and foosball tables, a media room with theater seating and surround sound, and a wet bar with a commercial ice maker, fridge, and microwave. Two bedrooms with en-suite baths are also located here, plus a laundry room and half-bath. Upstairs, the third level hosts four king master suites, each with private bathrooms and stunning views. This is ideal for multi-generational living or hosting guests in comfort. The top floor opens to a spacious great room with vaulted ceilings, a well-appointed chef’s kitchen featuring stainless steel appliances and custom cabinetry, and a large dining area with room for everyone. The final two bedrooms—a king master suite with en-suite and an additional king suite with semi-private bath—complete the layout. With high rental income potential and luxurious amenities inside and out, Caribbean Wave is a rare opportunity to own a turnkey beach retreat in the Outer Banks.
For sale
Price cut: $104K (5/29)
$1,395,000
24246 Caribbean Way Lot 18-R, Rodanthe, NC 27968
8beds
5,218sqft
Single Family Residence, Residential
Built in 2008
0.46 Acres Lot
$1,284,300 Zestimate®
$267/sqft
$-- HOA
What's special
Ocean view estatePrivate poolBubbling hot tubGame roomVaulted ceilingsKing master suitesMedia room
- 332 days |
- 279 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Michael E Smith 252-256-1029,
Outer Banks Realty Group
Source: OBAR,MLS#: 130022
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
- Full bathrooms: 8
- Partial bathrooms: 1
Features
- Furnished: Yes
Interior area
- Total structure area: 5,218
- Total interior livable area: 5,218 sqft
Property
Features
- Has private pool: Yes
- Pool features: Private
- Waterfront features: 3 - lots from oceanfront (4th row)
Lot
- Size: 0.46 Acres
Details
- Zoning: S-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Condition
- Year built: 2008
Community & HOA
Community
- Subdivision: Estates at Hatteras Island
HOA
- Has HOA: Yes
Location
- Region: Rodanthe
Financial & listing details
- Price per square foot: $267/sqft
- Annual tax amount: $5,873
- Date on market: 7/29/2025
- Cumulative days on market: 333 days
- Listing agreement: Exclusive Right To Sell
- Ownership: Owned More than 12 Months
Estimated market value
$1,284,300
$1.22M - $1.35M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $1,395,000-6.9%$267/sqft |
Source: | ||
| 7/29/2025 | Listed for sale | $1,499,000+59.8%$287/sqft |
Source: | ||
| 10/31/2019 | Sold | $938,000$180/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 27968
Nearby schools
GreatSchools rating
- 5/10Cape Hatteras Elementary SchoolGrades: PK-5Distance: 23.1 mi
- 5/10Cape Hatteras Secondary SchoolGrades: 6-12Distance: 22.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Dare County
- Rodanthe
- 27968
- 24246 Caribbean Way Lot 18-R




