Skip main navigation
For sale
  • Price cut: $54.5K (8/24)
    $1,295,000

    25263 Sea Isle Hills Dr Lot 1, Waves, NC 27982

    5beds
    2,368sqft
    : 
    $7,213/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1985
    0.3 Acres Lot
    $-- Zestimate®
    $547/sqft
    $-- HOA

    What's special

    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. For 3-D Tour copy and paste link below. https://my.matterport.com/show/?m=2unmULviGjS&play=1&brand=0&mls=1& For Aerial flyover copy and paste link below. https://listings.lighthousevisuals.com/videos/018fdf13-8e07-7124-8a9e-c8ea2a90b29e
    96 days
    734
    47

    Zillow last checked:

    Listing updated:

    Listed by:

    Ian M Lassiter 252-722-5860,

    Keller Williams Outer Banks KDH

    Source: OBAR,MLS#: 132978MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Game Room
      Heating
      • Central, Electric, Forced Air, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      Features
      • Beamed Ceilings, Cathedral Ceiling(s)
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Furnished: Yes
      Interior area
      • Total structure area: 2,368
      • Total interior livable area: 2,368 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved, Off Street
      • Garage spaces: 1
      • Details: Garage: 1 Car
      Features
      • Has private pool: Yes
      • Pool features: Outdoor Pool, In Ground, Private
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front, Beach Front
      Lot
      • Size: 0.3 Acres
      • Dimensions: 13000
      • Features: Adj to Park Serv./Preserv, Beach Frontage, Level
      Details
      • Zoning: S-1
      • Other equipment: Home Theater

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Reverse Floor Plan,Coastal
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame, Wood Siding, Shakes
      • Foundation: Pillar/Post/Pier
      • Roof: Asphalt
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Sea Isle Hills
      Location
      • Region: Waves

      Financial & listing details

      • Price per square foot: $547/sqft
      • Annual tax amount: $3,725
      • Date on market: 5/27/2026
      • Cumulative days on market: 78 days
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Owned 12 Months or less
      • Lease term: Weekly
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,341/mo

        Price history

        DateEventPrice
        8/24/2026Price change$1,295,000-4%$547/sqft
        Source: OBAR #132978 Report a problem
        7/9/2026Price change$1,349,500-3.3%$570/sqft
        Source: OBAR #132978 Report a problem
        5/27/2026Listed for sale$1,395,000+45.8%$589/sqft
        Source: OBAR #132978 Report a problem
        11/20/2023Sold$957,000-2.3%$404/sqft
        Source: OBAR #121764 Report a problem
        7/19/2023Contingent$980,000$414/sqft
        Source: OBAR #121764 Report a problem
        3/22/2023Listed for sale$980,000+40.4%$414/sqft
        Source: OBAR #121764 Report a problem
        3/25/2021Sold$698,000+1.3%$295/sqft
        Source: OBAR #112544 Report a problem
        1/27/2021Contingent$689,000$291/sqft
        Source: OBAR #112544 Report a problem
        1/22/2021Listed for sale$689,000$291/sqft
        Source: OBAR #112544 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27982

        Getting around

        1 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts