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25240 Island Pines Drive , Lot 9

Waves, NC 27982
  • $1,299,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 123652
UPDATED: 18 min ago
$1,299,000
  • 8
    BEDS
  • 0.46
    ACRES
  • 7
    BATHS
  • 1
    1/2 BATHS
  • 4,190
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2003
County:

School Ratings & Info

Description

Investor's Dream - 12% ROI: "Island Pines" is more than a vacation home; it's an investment opportunity with a proven track record as a rental machine, boasting a 10% ROI. Nestled in the charming Island Pines subdivision of Waves, this semi-oceanfront stunner sits on a quiet cul-de-sac, mere steps from the beach, yet within minutes of all the dining, shopping, and entertainment the Tri-villages have to offer. This beautifully decorated and exquisitely maintained 8-bedroom home (5 are en-suites), featuring 7 full baths and 1 half bath, offers not only stunning views but also an array of amenities almost too numerous to mention. Let's try to cover them all: TWO outdoor showers, a private heated pool, a hot tub, a beautifully landscaped and partially wooded lot, and a HUGE first-level game room with a kitchenette, wet bar, full-size refrigerator, and microwave. The first floor also boasts TWO en-suites, sundecks, and covered decks, along with a mid-level laundry area for added convenience. Ascend to the upper level and you'll be greeted by an incredible open living space with gorgeous floors, cathedral ceilings, a fireplace, and floor-to-ceiling windows that flood the area with natural light. The fully equipped kitchen features TWO dishwashers and a large island, making it perfect for gatherings. The upper level also includes a en-suite with a jacuzzi tub, providing the ultimate in relaxation. And there's even more to explore! With TWO outdoor showers, a large private lot ideal for gatherings and outdoor games, "Island Pines" offers not just a vacation but a lifestyle. From here, it's a quick two-minute walk to the beach, and a few more minutes will take you to the Rodanthe pier, a deep-water fishing haven. Waves, NC is renowned for kite-surfing and windsurfing, and you're just a quick five-minute walk from lessons and equipment rentals. Don't miss out on the opportunity to own a piece of the Outer Banks that's not only a perfect vacation getaway but also a lucrative investment. Embrace the coastal lifestyle, cherish the ocean views, and indulge in all the recreational amenities this property has to offer. Schedule a viewing today!

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© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brindley Beach Vacations & Sales. Data last updated: 2023-12-01T18:37:52.817.
www.brindleyobxsales.com/homes/144284570
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25240 Island Pines Drive , Lot 9 Waves, NC 27982

  • Price: $1,299,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 18 min ago
  • MLS #: 123652
8
Beds
7
Baths
1
½ Baths
0.46
Acres
4,190
SQFT
$310
$/SQFT
2003
Built
Neighborhood:
Island Pines
County:
Dare
Area:
Waves Oceanside
Property Description
Investor's Dream - 12% ROI: "Island Pines" is more than a vacation home; it's an investment opportunity with a proven track record as a rental machine, boasting a 10% ROI. Nestled in the charming Island Pines subdivision of Waves, this semi-oceanfront stunner sits on a quiet cul-de-sac, mere steps from the beach, yet within minutes of all the dining, shopping, and entertainment the Tri-villages have to offer. This beautifully decorated and exquisitely maintained 8-bedroom home (5 are en-suites), featuring 7 full baths and 1 half bath, offers not only stunning views but also an array of amenities almost too numerous to mention. Let's try to cover them all: TWO outdoor showers, a private heated pool, a hot tub, a beautifully landscaped and partially wooded lot, and a HUGE first-level game room with a kitchenette, wet bar, full-size refrigerator, and microwave. The first floor also boasts TWO en-suites, sundecks, and covered decks, along with a mid-level laundry area for added convenience. Ascend to the upper level and you'll be greeted by an incredible open living space with gorgeous floors, cathedral ceilings, a fireplace, and floor-to-ceiling windows that flood the area with natural light. The fully equipped kitchen features TWO dishwashers and a large island, making it perfect for gatherings. The upper level also includes a en-suite with a jacuzzi tub, providing the ultimate in relaxation. And there's even more to explore! With TWO outdoor showers, a large private lot ideal for gatherings and outdoor games, "Island Pines" offers not just a vacation but a lifestyle. From here, it's a quick two-minute walk to the beach, and a few more minutes will take you to the Rodanthe pier, a deep-water fishing haven. Waves, NC is renowned for kite-surfing and windsurfing, and you're just a quick five-minute walk from lessons and equipment rentals. Don't miss out on the opportunity to own a piece of the Outer Banks that's not only a perfect vacation getaway but also a lucrative investment. Embrace the coastal lifestyle, cherish the ocean views, and indulge in all the recreational amenities this property has to offer. Schedule a viewing today!
Exterior Features

Construction FrameWood Exterior Shakes Extras Beach AccessCeiling Fan(s)Covered DecksHot TubJet TubOutside LightingOutside ShowerSun Deck Lot Description Cul-de-sacLevel Parking PavedOff Street Pool OutdoorIn GroundHeatedPrivate Pool Pool Type Private Pool YN Yes Roads PavedPrivate Roof Asphalt/Fiber Shingle Style ContemporaryReverse Floor PlanCoastal View Description Ocean Waterfront Location Semi-Oceanfront (2nd row)

Interior Features

Air Conditioning CentralHeat Pump Appliances DishwasherDryerMicrowaveRange/OvenRefrigerator w/Ice MakerWasher2nd Dishwasher2nd Refrigerator Counter Tops Laminate Floor Coverings CarpetCeramic TileWood Laminate Furnishings Available YN Yes Heating CentralElectricHeat Pump Interior Features Cathedral Ceiling(s)Gas ConnectionGas FireplaceEnsuiteSome Windows TreatedWet Bar1st Flr Ensuite Optional Rooms Game RoomLoft

Property Features

Annual Rental Income 167540 Association Fee YN No - Restrictive Covenants May A Bank Owned YN No Estimated Annual Fee 0 Financing Options CashJumbo Loan Flood Zone Shaded X Lease Terms Weekly Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Island Pines Rental Performance 0.129 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2023 Taxes 4434.48 Water Municipal Zoning S-1

Listing courtesy of Trisha Midgett of Midgett Realty - Rodanthe: C: 252-475-7947.


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brindley Beach Vacations & Sales. Data last updated: 2023-12-01T18:37:52.817.
 
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