Section Image

Waves

Waves

Located in Dare County

27959
$845,689 Average Value
$336 Average Price per Sq Ft
11 Homes For Sale

The sporty middle child of the Tri-villages

Waves is one of three tiny towns comprising the Tri-villages of Hatteras Island, so many visitors have trouble telling it apart from its sister villages, Rodanthe and Salvo. “You can’t really tell when you leave Rodanthe and get into Waves, or when you leave Waves and get into Salvo,” says Misty Gillikin, an island resident and Realtor with Realty One Group OBX. According to local legend, the original sign that marked arrival into Waves was repeatedly stolen by surfers looking to bring home a one-of-a-kind souvenir. Eventually, the local government gave up and decided against replacing the sign. But despite the missing marker, Waves’ identity is more than enough to set it apart. Surfers discovered the village’s namesake swells in the 1960s, kicking off a wave of water sports-fueled tourism that continues today. Nowadays, the sport of choice here is kiteboarding, but even those who’d rather just relax and enjoy the sun and sand find plenty of reasons to live in Waves. “It’s a little village with a ton of fun,” Gillikin says.

Homes with a view of the water

From cottages to castles, homes in Waves come in a range of sizes. Classic beachy homes might have shingle siding and a saltbox shape, while more modern takes on the Outer Banks’ trademark housing styles come in bright colors and have floor-to-ceiling windows. Nearly all these homes have wraparound balconies to take in the sea air and wooden piling to mitigate flood damage. Some areas in Waves are protected by double dunes, meaning that even beachfront homes are a couple minutes’ walk to the shore, as opposed to oceanfront properties elsewhere that overlook the water more directly. Prices start in the mid-$500,000s and can reach $1.8 million, depending on waterfront proximity and the amount of luxury bells and whistles.

Waves in the Outer Banks has beautiful cottage style homes with shaded porches.
Waves in the Outer Banks has beautiful cottage style homes with shaded porches.
Waves has coastal home styles with waterfront views on the Outer Banks.
Waves has coastal home styles with waterfront views on the Outer Banks.
1/2

The Outer Banks’ kiteboarding capital

Known as a hotspot for surfers and kiteboarders, Waves draws many visitors come to experience its well-known water sports. “We’ve got Real Watersports, which opened up about 10 years ago and is a big kiteboarding outfit,” says Pete Conley, a Waves resident and a Realtor with Realty One Group OBX. “They’re pretty well-known in the kiteboarding world. They have condos and a restaurant in their building on the Sound, so it’s a pretty big operation.” Real Watersports is popular for its day- and week-long classes, where attendees can learn all the ins and outs of kiteboarding on the Pamlico Sound.

Waves locals enjoy kiteboarding on the Pamlico Sound on the Outer Banks.
Waves locals enjoy kiteboarding on the Pamlico Sound on the Outer Banks.
REAL Watersports in Waves is the best place to shop for shortboards, longboards, and more.
REAL Watersports in Waves is the best place to shop for shortboards, longboards, and more.
1/2

Relax on the Cape Hatteras National Seashore

On the opposite side of the island from Pamlico Sound lie long stretches of beaches, part of the Cape Hatteras National Seashore, managed by the National Parks Service. While the Sound's calm surface makes it perfect for kiteboarding, the steadily crashing waves of the ocean draw in adrenaline-seeking surfers and beach bums who want to relax with their toes in the water. Hatteras Island is also well-known for its surf fishing, especially during the seasonal Red Drum runs. Waves even hosts the Hatteras Island Surf Fishing Challenge at the Camp Hatteras Conference Center, part of the popular campgrounds in the village.

Waves families enjoy spending time together relaxing on the beach in Waves, NC.
Waves families enjoy spending time together relaxing on the beach in Waves, NC.
Spend a fun afternoon on the beach with family and friends at Waves in the Outer Banks.
Spend a fun afternoon on the beach with family and friends at Waves in the Outer Banks.
1/2

Shop in town and dine on the Sound

Most businesses in Waves are locally owned and seasonally operated, sending year-round residents to more commercialized villages such as Avon or Nags Head for errand runs. “There’s a Dollar General between Waves and Salvo. I probably wouldn’t go there for a week’s worth of groceries, but there’s a Food Lion 20 minutes north and one 20 minutes south, so it’s convenient if you forget something from the store,” Gillikin says. Other last-minute supplies are sold at Waves Market & Deli, a beloved convenience store known for its surprisingly robust selection of craft beers and its build-your-own sandwiches. At Real Watersports' on-site restaurant, Waterman’s Bar & Grill, meals come with a view of kiteboarders sailing across the Sound. Other conveniences can be found in town, including bait and tackle shops, charter fishing services and the Tri-village’s U.S. Post Office. This is not to be confused with the old post office in Rodanthe, a blink-and-you’ll-miss-it roadside attraction that stands as the second smallest post office in U.S. history, at just 8 feet by 12 feet.

Waves Market & Deli has a great selection of food to shop for groceries in the neighborhood.
Waves Market & Deli has a great selection of food to shop for groceries in the neighborhood.
Leonardo's Pizza in Waves is a great restaurant serving quick pizza, subs, and salads.
Leonardo's Pizza in Waves is a great restaurant serving quick pizza, subs, and salads.
1/2

Grab groceries in Nags Head or Avon

North Carolina Highway 12 runs through the Outer Banks, connecting Waves to the rest of the villages along the barrier islands. Many businesses are located along this central thoroughfare, as most folks use a car to get around town. “It’s great because you can drive down to Food Lion in Avon, or you can drive up to Nags Head just as quick,” Conley says. Both villages are roughly 15 miles away, or a 20-minute drive in either direction. Kill Devil Hills, the region’s most populous area, is approximately 35 miles north, a drive that takes about 50 minutes on average.

Young residents attend school in Buxton

The only Dare County Schools on the island are located in Buxton, roughly 22 miles south, or a half-hour drive by car. Cape Hatteras Elementary scores a B-minus from Niche, and Cape Hatteras Secondary School receives a B. The latter offers a coastal studies program, a student horror short film festival and other avenues to keep kids engaged. Both schools have an enrollment of less than 400 students.

Cape Hatteras Elementary School serves students pre-k to 5th grade in Buxton, NC.
Cape Hatteras Elementary School serves students pre-k to 5th grade in Buxton, NC.
Families in Waves share books at the neighborhood free library.
Families in Waves share books at the neighborhood free library.
1/2

Life in paradise comes with home maintenance costs

Flooding is a risk factor that homeowners in Waves must consider. In nearby Rodanthe, some homes have recently fallen into the sea due to the eroding coastline. Hurricanes, nor’easters, extreme winds and heat can also affect life in this area. “All the houses are on stilts,” says Conley. “So the water comes up, but then it goes right back down.”

Jon Puckett
Photography Contributed By
Jon Puckett
Jake Bell
Video By
Jake Bell

Interested in learning more about homes in this area? Reach out to Robert Ladd, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Waves Housing Trends

Housing Trends

Median List Price
$748,000
Median Sale Price
$697,500
Median Single Family Sale Price
$700,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
10
Median Home Sale Price YoY Change
-1%
Average Price Per Sq Ft
$336

Area Facts

Number of Homes
137
Number of Homes for Sale
11
Median Year Built
2000
Months of Supply
13.20
Average Single Family Home Size Sq Ft
2,497
Above the national average
1,930
Median Lot Size Sq Ft
12,632

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
61''
Average Winter Low Temperature
41°F
Average Summer High Temperature
88°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

32 / 100

Car-Dependent

Walk Score®®

25 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Waves
Robert Ladd
Twiddy and Co. - Duck
Section Image