1014 W Beach Dr, Oak Island, NC 28465

$825,000
4
BD
2
BA
1,068
SqFt

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List Price
$825,000
Status
ACTIVE
Days on Market
6
MLS#
100591062
Subtype
Residential
Year Built
1955
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,068
Lot Size
7,318
Acres
0.17
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property Description

Just across the street from the Atlantic Ocean, this beautifully updated classic Oak Island beach cottage offers the perfect blend of timeless coastal charm, modern upgrades, and proven investment potential. Featuring original hardwood floors and conveying furnished, this home is ready to be enjoyed as a vacation getaway, primary residence, or income-producing short-term rental. The current owners have invested extensively in quality improvements, allowing the next owner to enjoy the home without worrying about major projects. Significant updates include a lifetime metal roof (2025), hurricane-impact windows (2025), all pilings (2025), premium WearDeck composite decking, whole-house siding, an enclosed outdoor shower, a renovated lower level with flood vents meeting current FEMA requirements, and an updated water heater. Inside, you'll find two beautifully renovated bathrooms showcasing artisan tile, glass surrounds, and high-end finishes, along with the convenience of a newly added upstairs laundry closet. A standout feature of this property is its exceptional track record as a high-performing short-term rental, producing up to $79,000 in annual rental income during ownership. Lower-income years were directly related to owner-planned renovations and a temporary change in property management--not a lack of rental demand. Even with the home unavailable for four prime rental months during the recent bathroom addition, approximately $49,000 is already secured in reservations for 2026, highlighting its continued earning potential. Whether you're searching for a personal beach retreat, a turnkey investment, or the flexibility to enjoy both, this Oak Island cottage delivers. Opportunities to own a thoughtfully updated home this close to the beach--with major structural improvements already completed and a proven rental history--are becoming increasingly rare.

Additional Information

Amenities
None
Interior Features
Ceiling Fans, Furnished, Drapes/Blinds
Exterior Features
Outdoor Shower
Zoning
Ok-R-7
Flooring
Laminate
Appliances
Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Levels
One
Roof
Metal
Foundation
Block, Other, Pilings
Parking Features
On Site
School District
Brunswick County Schools
Elementary School
Southport
Middle School
South Brunswick
High School
South Brunswick
View
Ocean

Listing courtesy of Listing Agent: Mia K Bryans () from Listing Office: Coldwell Banker Sea Coast Advantage.

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