Answer:
Well, yes.
We can have an isolated light wave that is defined by only one frequency (and one wavelenght). But this is not a really common situation, most of the light that we can see in nature, is actually a composition of different waves with different frequencies.
Even if we have, for example, a red laser, the actual frequency of the light that comes from the laser may be in a range of frequencies, so the actual wave is a composition of different waves with really close frequencies.
An example of a light wave defined by only one frequency can be, for example, the photon that comes out of a change in energy of an electron.
Here we have a single photon, with a single frequency, that is modeled as a single frequency wave.