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Coastal Investment Opportunity at 25234 Sea Isle Hills Drive

Strong rental history, prime location, and everything vacationers look for on Hatteras Island!

25234 Sea Isle Hills Drive, Waves
25234 Sea Isle Hills Drive, Waves

Located in the heart of the Tri-Villages area, this 5-bedroom beach house combines everything vacationers look for when booking an Outer Banks rental home: beach access, watersports, restaurants, pool, hot tub, and room for large groups.

With approximately $50,000 in annual rental income, this home is already a proven performer and offers buyers the opportunity to step into an established vacation rental investment on Hatteras Island.

Prime Location in the Heart of Waves, NC

One of the biggest draws to this property is the location. Guests can easily walk to REAL Watersports and Watermen’s Bar & Grill, two of the most popular destinations on Hatteras Island. From waterfront dining and live music to kiteboarding, winging, surfing, and unforgettable Pamlico Sound sunsets, this area attracts visitors year after year.

The home is also close to the Salvo Day Use Area, a favorite spot for paddleboarding, kayaking, picnics, and shallow sound access perfect for families. Nearby Rodanthe Pier offers fishing, sightseeing, and another iconic Outer Banks experience guests love.

For investors, location matters, and walkability to attractions like these helps keep rental calendars full.

Designed for Vacation Rental Success

This Waves vacation rental was built for fun beach weeks and repeat guests. Outside, the private heated pool creates the perfect backyard hangout space, while the brand new hot tub added in 2025 helps extend the rental season into spring and fall.

Multiple decks provide outdoor living spaces where guests can enjoy morning coffee, ocean breezes, and evening sunsets after long beach days.

Inside, the open-concept top floor is bright and welcoming with spacious gathering areas ideal for entertaining large groups. The kitchen flows easily into the dining and living spaces, creating the kind of layout renters consistently search for on the Outer Banks.

The lower-level den with wet bar adds an additional hangout area that families and groups appreciate during vacation weeks.

Spacious Layout for Large Groups

Sleeping capacity matters when it comes to maximizing rental income, and this home delivers. With 5 bedrooms, multiple en suites, and bunk rooms for extra guests, the property comfortably accommodates larger vacation groups.

The mattresses have all been recently updated, appliances are within the last three years, and the home has been lovingly maintained and rental ready for the next owner.

Outer Banks vacation rentals continue to attract buyers looking for second homes with income-producing potential. The Tri-Villages area of Rodanthe, Waves, and Salvo has become especially popular thanks to its laid-back atmosphere, watersports community, beautiful beaches, and strong repeat tourism.

Properties close to beach access, restaurants, sound access, and attractions like REAL Watersports continue to stand out in the rental market.

For buyers looking to invest in Outer Banks real estate, homes like this offer both lifestyle and income potential in one package.

25234 Sea Isle Hills Drive, 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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