Outer Banks season 2 finale spoilers follow.

Netflix has announced the release date for Outer Banks season three and given fans a first look at the latest run.

The hit young adult series follows a group of teens known as the Pogues, and season two ended with a shocking cliffhanger when it was revealed that Ward (Charles Easten) was actually alive after faking his death.

Meanwhile, Rafe (Drew Starkey) got away with stealing the gold cross – after nearly killing Sarah (Madelyn Cline). As the season drew to a close, the Pogues escaped and ended up stranded on a deserted island – and it's also revealed that Big John is still alive.

madelyn cline, chase stokes, outer banks, season 3
Jackson Lee Davis/Netflix

Related: Outer Banks cast - here's where you've seen them before

Thankfully, Netflix has revealed that fans won't have much longer to wait to find out what happens next, as the 10-episode third season will premiere on Friday, February 23.

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Netflix has also shared an official synopsis for the new season, which reads: "After losing the gold and fleeing the Outer Banks, Season 3 finds the Pogues washed ashore on a desert island that, for a brief moment, seems like an idyllic home.

madison bailey, outer banks, season 3
Jackson Lee Davis/Netflix

"Officially deemed 'Poguelandia', the island's newest residents spend their days fishing, swimming, and reveling in the carefree lifestyle of their temporary dwelling.

"But things quickly go south for John B, Sarah, Kiara, Pope, JJ, and Cleo when they find themselves once again caught up in a race for the treasure, quite literally running for their lives."

rudy pankow, madelyn cline, carlacia grant, chase stokes, jonathan daviss, outer banks, season 3
Jackson Lee Davis/Netflix

Related: Outer Banks' Chase Stokes pays tribute to friend and stand-in Alexander 'AJ' Jennings

"The stakes are ramping up," series co-creator Jonas Pate told Tudum. "The Pogues realize that their adventures in the first two seasons were merely the prelude to the granddaddy of all treasure hunts."

Elsewhere, it was recently confirmed that Elizabeth Mitchell, who plays Carla Limbrey in the show, is returning for Outer Banks season three.

rudy pankow , outer banks, season 3
Jackson Lee Davis/Netflix

"I do get to hang out with Big John quite a bit, which is lovely, because he's terrific," Mitchell told Metacritic.

"She hangs with him for the most part. I don't know if you'd call it 'teaming up,' but they are indeed together a great deal of the time, especially in the first part. I don't know that Limbrey is really a team player, let's just say that."

Outer Banks will also welcome three new cast members for season threeStation Eleven's Andy McQueen, Stargirl's Lou Ferrigno Jr, and Control Z's Fiona Palomo.

Outer Banks is available on Netflix.

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