Immerse yourself in the elegance and profitability of this stunning 5-bedroom, 5-bath home located in the heart of the vibrant village of Waves. A testament to luxurious coastal living and a lucrative investment opportunity, this property has generated over $63,000 in rental income in 2023, with an impressive $54,000 already secured for 2024. The adventure begins with a convenient ground-level entrance, leading into a first-floor entertainment haven. Here, you'll discover a dynamic game room complete with a wet bar, under-counter ice maker, mid-sized fridge, pool table, TV, and ample seating, alongside a full bath. This floor also houses a comfortable king-size bedroom and a practical stackable washer/dryer. Ascend to the serene second floor, the main living space of the home, where two luxurious king en suites, a room with two bunk sets, and an additional full bath await. One king en suite boasts private access to a furnished, shaded deck overlooking the pool, creating a tranquil retreat for relaxation. This deck also offers convenient exterior access to all levels of the home. The spacious third floor is a bright and inviting family area, featuring the final king en suite with enchanting views of the water. Flooded with natural light, the family room is accented by cathedral ceilings and comfortable seating, perfect for cozy movie nights or engaging family game nights. The dining experience is enhanced with a spacious table, high top, and adjacent breakfast bar, complementing a well-equipped kitchen. An additional half bath on this level adds to the home's convenience. Step outside to the sundeck or ascend to the crow's nest for breathtaking panoramic views of the Atlantic Ocean and Pamlico Sound. Outdoor living is equally impressive, featuring a well-furnished private pool and a secluded shaded hot tub, alongside a fenced backyard ideal for pets. Situated just a short walk from the beach with deeded access, this home ensures a seamless blend of relaxation and adventure. Situated in the heart of the Tri-Villages, this home offers easy access to a plethora of local activities. Enjoy fishing at Rodanthe Pier, kiteboard lessons at Real or Kitty Hawk Kites, picnics at the Salvo Day Use Area, surfing, or simply unwinding at the beach. All this, while being conveniently close to the best shopping, dining, and family activities the area has to offer. This Waves property is more than just a home; it's a lifestyle and investment opportunity, combining luxury living with profitable returns. Don't miss the chance to own this piece of paradise, where every day feels like a vacation.