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Brand New Beach Living – 25231 Lee ONeal Lane, Waves

Discover a New Construction Opportunity in the Heart of Hatteras Island’s Tri-Villages

25231 Lee ONeal Lane, Waves
25231 Lee ONeal Lane, Waves

Finding new construction on Hatteras Island has become increasingly rare, making 25231 Lee O’Neal Lane in Waves an exciting opportunity for buyers looking for a second home, vacation rental, or long-term investment on the Outer Banks. Estimated for completion in October 2026, this thoughtfully designed coastal home combines modern finishes, quality construction, and future expansion potential in one of the most desirable locations on the island.

For investors, it’s an opportunity to purchase a brand-new home with low-maintenance features and the flexibility to increase value over time.

A Brand-New Home Designed for Coastal Living

Situated on an oversized 15,995-square-foot homesite, this elevated home offers three ensuite bedrooms, each with 9-foot ceilings, creating a layout that’s ideal for vacation rentals and families alike. The open living area features vaulted ceilings that make the space feel bright and inviting, while luxury vinyl plank flooring throughout provides durability and easy maintenance. The kitchen is finished with quartz countertops, stainless steel appliances, and plenty of cabinet space, giving it a clean, timeless coastal look. Two covered porches provide additional outdoor living space, and the parking area underneath offers room for vehicles, boats, golf carts, and all your beach gear.

Built with Future Investment in Mind

One of the features that sets this property apart is its ability to grow with your needs.

The builder has already installed a four-bedroom septic system, making it easy to add a future accessory dwelling unit (ADU). While the site plan illustrates both a pool and an ADU, neither is included in the asking price. The builder is happy to add one or both as upgrades, or the future owner can choose to build them later. Whether your goal is increasing rental income, adding guest accommodations, or creating additional living space, this property offers flexibility that is difficult to find in today’s market.

Why Investors Love the Tri-Villages

Rodanthe, Waves, and Salvo—known collectively as the Tri-Villages—continue to attract buyers looking for a quieter side of the Outer Banks. Visitors come for the uncrowded beaches, world-class kiteboarding and windsurfing on the Pamlico Sound, excellent fishing, surfing, paddleboarding, and easy access to the Cape Hatteras National Seashore.

The home is just minutes from REAL Watersports, local restaurants, coffee shops, shopping, and the Salvo Day Use Area, giving owners and guests easy access to everything that makes this area one of the most sought-after destinations on Hatteras Island.

Why New Construction Matters

Buying new construction means less time worrying about repairs and updates and more time enjoying the beach. Modern building standards, energy-efficient materials, and quality finishes help reduce maintenance costs while providing peace of mind for years to come.

With inventory of brand-new homes on Hatteras Island remaining limited, opportunities like this don’t come along often.

Whether you’re searching for a vacation home, rental investment, or full-time residence, 25231 Lee O’Neal Lane offers something few properties can: the chance to own a brand-new home in Waves with the flexibility to add even more value in the future.

Trisha Midgett

Hi, I’m Trisha Midgett, broker-in-charge at Midgett Realty and the lead agent of Trisha Midgett & Team, a top-producing real estate team on the Outer Banks. I’ve been helping buyers, sellers, and investors navigate the Outer Banks real estate market for over 30 years, with a strong focus on Hatteras Island and the surrounding OBX communities. From oceanfront vacation homes to second homes and investment properties, my team and I work across the entire Outer Banks, including Nags Head, Kill Devil Hills, Kitty Hawk, Manteo, Corolla, and Ocracoke. In 2024, our team closed 212 transactions, followed by 181 transactions in 2025, reflecting a consistent track record of results in a unique coastal market. I specialize in second homes, vacation properties, short-term rental and investment real estate, and seller strategy, helping clients understand pricing, rental potential, and long-term value. With decades of experience on the Outer Banks, I bring deep local knowledge of neighborhoods, rental dynamics, and market trends to every transaction. Clients often tell me they appreciate my honest advice, fast communication, strong negotiation skills, and laid-back, easy-to-work-with approach. I’m honored to have earned over 450 five-star reviews on Zillow, 220+ Google reviews, 171 five-star Homes.com reviews, 122 five-star FastExpert reviews, and a 5-star rating on Realtor.com, with verified transaction history publicly displayed. I’ve also been recognized as one of America’s Top 100 Real Estate Agents™ for North Carolina, received HomeLight Top Producer and Top Negotiator Awards, and earned Outer Banks Coastal Life Readers’ Choice Best Real Estate Team honors. Whether you’re buying your first beach cottage, selling a vacation rental, or investing in a second home on Hatteras Island or anywhere on the Outer Banks, my team and I are here to guide you every step of the way and make the process as smooth and successful as possible.
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