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Build Your Investment Opportunity at 25229 Lee Oneal Ln, Waves, NC

Cleared Homesite Near the Beach with Potential Ocean & Sound Views

25229 Lee ONeal Ln, Waves
25229 Lee ONeal Ln, Waves

Located just four rows back from the ocean in the heart of the Tri Villages, this cleared lot offers a fantastic opportunity to design and build a custom beach home in one of the most sought after areas of Hatteras Island.

For investors exploring Outer Banks real estate opportunities, finding a lot that is ready to build and located close to the beach is increasingly rare. This property checks both boxes.

A Cleared Homesite Ready for Your Vision

One of the biggest advantages of this property is that the lot is already cleared, allowing buyers to move forward with building plans without the added time and expense of site preparation. Even better, a water tap is already in place, helping streamline the building process and reducing upfront infrastructure costs.

Depending on the design and elevation of the future home, there is potential for both ocean and sound views, which can add significant appeal for future renters or second home buyers.

For investors considering building a vacation rental on the Outer Banks, this type of location offers the opportunity to create a home designed specifically for the rental market.

Prime Location in the Heart of the Tri Villages

This property sits right in the center of the Tri Villages of Waves, Salvo, and Rodanthe, one of the most beloved areas of Hatteras Island. Known for its laid back coastal lifestyle and strong vacation rental demand, Waves is a favorite destination for visitors who want easy beach access and plenty of outdoor recreation.

From the property, you are just minutes from:

  • Local restaurants and shops
  • The multi use path connecting Waves, Salvo, and Rodanthe
  • Easy beach access for surfing, fishing, and sunrise walks

This central location makes it easy for visitors and homeowners alike to enjoy everything the area has to offer.

Close to Some of Hatteras Island’s Most Popular Attractions

Another reason this property stands out is its proximity to some of the best outdoor destinations on the island.

The nearby Salvo Day Use Area is a favorite for kiteboarders, windsurfers, and families thanks to its shallow soundside waters and picnic areas. Rodanthe Pier offers excellent fishing and sweeping ocean views, while the Cape Hatteras National Seashore provides miles of protected coastline perfect for exploring.

These natural attractions help make the Tri Villages one of the most desirable locations for buyers looking to invest in Hatteras Island real estate.

Prime Location, Endless Opportunities

Whether you are dreaming about building a second home on the Outer Banks, creating a vacation rental property, or securing land in one of Hatteras Island’s most desirable villages, this cleared homesite offers the perfect starting point.

25229 Lee ONeal Ln, Waves

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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