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Sold for $1,264,000
  • $1,264,000

    25240 Island Pines Dr Lot 9, Waves, NC 27982

    8beds
    --sqft
    Single Family Residence, Residential
    Built in 2003
    0.46 Acres Lot
    $1,216,300 Zestimate®
    $--/sqft
    $5,651 Estimated rent

    Home value

    $1,216,300

    $1.16M - $1.28M

    $5,651/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Trisha M Midgett 252-475-7947,

    Midgett Realty - Rodanthe

    Bought with:

    Trisha M Midgett, 162204

    Midgett Realty - Rodanthe

    John C Mills, 280732

    Midgett Realty - Rodanthe

    Source: OBAR,MLS#: 123652MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 7
    • Partial bathrooms: 1
    Rooms
    • Room types: Game Room, Loft
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
    Features
    • Cathedral Ceiling(s), Wet Bar
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Furnished: Yes

    Property

    Parking
    • Parking features: Off Street, Paved
    Features
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Outdoor Pool, Private
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Semi-Oceanfront (2nd row)
    Lot
    • Size: 0.46 Acres
    • Features: Cul-De-Sac, Level
    Details
    • Zoning: S-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Coastal,Reverse Floor Plan
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Wood Siding, Shakes
    • Roof: Asphalt
    Condition
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Island Pines
    Location
    • Region: Waves

    Financial & listing details

    • Annual tax amount: $4,434
    • Date on market: 10/11/2023
    • Cumulative days on market: 70 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Owned More than 12 Months
    • Lease term: Weekly
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/27/2026Listing removed$1,299,000
    Source: OBAR #130537 Report a problem
    9/19/2025Listed for sale$1,299,000+2.8%
    Source: OBAR #130537 Report a problem
    1/23/2024Sold$1,264,000-2.7%
    Source: OBAR #123652 Report a problem
    12/20/2023Contingent$1,299,000
    Source: OBAR #123652 Report a problem
    11/11/2023Price change$1,299,000-3.8%
    Source: OBAR #123652 Report a problem
    10/11/2023Listed for sale$1,350,000+17.4%
    Source: OBAR #123652 Report a problem
    2/2/2022Sold$1,150,000
    Source: OBAR #117097 Report a problem
    12/21/2021Contingent$1,150,000
    Source: OBAR #117097 Report a problem
    12/20/2021Listed for sale$1,150,000
    Source: OBAR #117097 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27982

    Nearby schools

    GreatSchools rating
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    $1,216,300
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    +$24,326
    With Zillow Showcase(estimated)
    $1,240,626