1014 W Beach Drive,Oak Island, NC 28465
Oak Island, NC 28465
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.
Details
| MLS # | 100591062 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 47 |
| Listing Provided By | Coldwell Banker Sea Coast Advantage | Mia K Bryans |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,068 |
| Story(s) | 1 |
| Zoning | Ok-R-7 |
| Acreage | 0.17 |
| Property View | Ocean |
Interior
| Interior Features | Ceiling Fan(s), Furnished, Blinds/Shades |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Furnished | Furnished |
| Rooms Total | 6 |
Exterior
| Exterior Features | Outdoor Shower |
|---|---|
| Roof | Metal |
| Foundation Details | Block, Other, Pilings |
| Waterfront Features | None |
| View | Ocean |
| Construction Materials | Block, Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Site |
Utilities
| Utilities | Water Connected |
|---|
Taxes
| Tax Assessed Value | 592210 |
|---|---|
| Tax Book Number | 2.5 |
| Tax Legal Description | L-7 B-76 Lb Plat 2.5/266 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Brunswick |
| City | Oak Island |
| Zip Code | 28465 |
| School District | Brunswick County Schools |
| Elementary School | Southport |
| High School | South Brunswick |
| Listing VS Median (in 28465) | |
Price: $785,000 low | high Med: $699,700 sqft: 1,068 low | high Med: 1,641 $ / sqft: $735 low | high Med: $427 On site: 47 low | high Med: 33.5 | |
Market Activity 28465
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Learn More About This Property
| State | NC |
|---|---|
| County | Brunswick |
| City | Oak Island |
| Zip Code | 28465 |
| School District | Brunswick County Schools |
| Elementary School | Southport |
| High School | South Brunswick |
| Listing VS Median (in 28465) | |
Price: $785,000 low | high Med: $699,700 sqft: 1,068 low | high Med: 1,641 $ / sqft: $735 low | high Med: $427 On site: 47 low | high Med: 33.5 | |
