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Investor’s Dream in Waves, NC: 25240 Island Pines Dr

Turnkey Rental Powerhouse with 8 Bedrooms, Private Pool, and Prime Location

25240 Island Pines Dr, Waves

Looking for a rental property with serious income potential? Island Pines, located in the quiet and desirable Island Pines subdivision of Waves, NC, is an investor’s dream.

Situated on a peaceful cul-de-sac just steps from the beach, Island Pines offers the perfect blend of serenity and convenience. Guests love being only minutes away from the area’s best dining, shopping, and world-class watersports in the Tri-Villages.

Spacious Design Perfect for Large Groups

This property was designed with vacationers in mind. Featuring 8 bedrooms (5 en suites), 7 full baths, and a half bath, the layout makes it easy to host multiple families while giving everyone their own space. Inside, thoughtful upgrades ensure both comfort and style:

  • Granite countertops in the kitchen
  • Luxury vinyl plank flooring throughout high-traffic areas
  • New sliders and low-maintenance vinyl-trim windows
  • A great room with cathedral ceilings, a cozy fireplace, and plenty of natural light

The first floor offers an entertainer’s paradise with a huge game room, wet bar, kitchenette, and two en suites. Upstairs, the gourmet kitchen includes two dishwashers and a large island—perfect for cooking for a crowd. The top-level en suite even features a jacuzzi tub for ultimate relaxation.

Resort-Style Amenities That Keep Renters Coming Back

Island Pines is loaded with features that guarantee repeat bookings year after year:

  • Private heated pool and hot tub
  • Two outdoor showers
  • Multiple sun and covered decks
  • Beautifully landscaped, partially wooded lot for a serene retreat setting

Every detail has been maintained and improved, from deck repairs and exterior lighting to modern upgrades inside. This ensures a move-in ready, rental-ready property with minimal owner effort.

Location, Location, Location

Just two minutes to beach access and within walking distance of the Rodanthe Pier, Island Pines also places guests near world-class kiteboarding and windsurfing spots. For investors, this unbeatable location means steady rental demand in one of the Outer Banks’ most sought-after communities.

Why Island Pines is the Perfect OBX Investment

With its combination of size, amenities, and prime location, Island Pines checks all the boxes for Outer Banks real estate investors:

  • Large home designed for multi-family groups
  • Modern upgrades and excellent maintenance
  • Prime Waves, NC location near beaches, restaurants, and watersports

Whether you’re seeking a personal getaway, a high-performing vacation rental, or both, this home is a standout opportunity.

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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