506 Ocean Drive, Oak Island, NC 28465 (MLS# 100432220)

506 Ocean Drive, Oak Island, NC 28465

$1,700,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,638 Lot Size (sq. ft.): 9,496 Status: Closed
Current Price: $1,700,000 List Date: 3/11/2024 Last Modified: 5/02/2024

Description

Prepare to be captivated by this exquisite beach retreat nestled on the second row of Oak Island, offering unparalleled vistas of the ocean. Crafted with meticulous attention to detail in 2018, this abode has been impeccably maintained. Elevating coastal living to new heights, the reverse plan design unveils an airy layout where the expansive living, dining, and kitchen spaces seamlessly merge, inviting you to savor the awe-inspiring views. Completing the top level discover a bright and airy bedroom suite adorned with a king-size bed, while the first level hosts a sumptuous primary suite boasting walk-out decking—an idyllic spot to savor your morning brew while being serenaded by the rhythmic crashing of the waves. Two additional bedroom suites on this level provide ample accommodations for guests. Indulge in leisurely moments by the raised heated pool, conveniently accessible from the lower level bedrooms, offering both privacy and unobstructed ocean vistas. With the convenience of an elevator granting effortless access to all floors, along with ample parking beneath and behind the residence, convenience and comfort are seamlessly intertwined. For those seeking a lucrative investment opportunity, this home has a proven track record as a vacation rental, promising excellent returns. Situated in a prime locale on the enchanting Oak Island, residents will relish easy access to the OKI Pier, as well as lots of shopping and dining options—all within a short stroll, bike ride, or leisurely golf cart excursion away. Experience the epitome of coastal living in this idyllic haven that promises a lifestyle of luxury, relaxation, and endless seaside delights.

More Information MLS# 100432220

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Delayed Marketing?: No Marketing Start Date: 2024-03-10 Listing Price: 1675000 Current Price: $1,700,000 List Price/SqFt: 634.95 Stipulation of Sale: Standard

Location Information

Street #: 506 Street Name: Ocean Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28465 City Limits: Yes Marketing City: Oak Island Subdivision: Yaupon Beach Secondary Subdivision: N/A Geo Lat: 33.904106 Geo Lon: -78.079706

Remarks and Showing

Directions to Property: From Long Beach Rd, cross the bridge onto Oak Island. Turn right on Oak Island Drive at light. Turn left on Trott St, house is on the left at the corner of Trott & Ocean Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.22 Lot SqFt: 9496 Lot Dimensions: 83x111x78x131 Waterfront: No Waterview: Yes Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 2638 Total SqFt - Heated (Primary + Separate): 2638 # Rooms: 8 # Baths - Full: 4 # Baths - Half: 1 # Baths - Total: 5 # Bedrooms: 4 Master Bedroom Level: Non Primary Living Area Stories: 2

Legal Taxes

Year Built: 2018

Status Change Info

Under Contract Date: 2024-03-17 Sold Price: $1,700,000 Sold Date: 2024-05-01

Fuel Tank

Above or Below Ground: Below Ground Fuel Type: Propane Owned or Leased: Leased

Rooms

Bedroom 1 Level: First Bedroom 2 Level: First Bedroom 3 Level: First Bedroom 4 Level: Second Breakfast Nook Level: Second Dining Room Level: Second Kitchen Level: Second Living Room Level: Second

Rental Information

Lease Term: Short Term Lease

Property Features

Handicap Accessible: Elevator View Type: Ocean Attic: Access Only Basement: None Construction: Wood Frame Unit Type: 4 Bedroom Or More Exterior Features: DP50 Windows; Outdoor Shower Exterior Finish: Fiber Cement Fencing: None Foundation: Pilings Fuel Tank Ownership: Leased Parking Features: Covered; Gravel; Paved Patio and Porch Features: Covered; Deck Roof: Architectural Shingle Trash Collection: City Pick-UP Lot Features: Corner Lot Lot Water Features: Second Row Cooling: Central Air Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Fireplace: None Flooring: LVT/LVP; Tile Furnished: Furnished Interior Features: Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; High Ceilings; Kitchen Island; Pantry; Reverse Floor Plan; Tray Ceiling(s); Walk-in Shower; Walk-In Closet(s) Security Features: Security System; Smoke Detector(s) Laundry Features: In Hall; Laundry Closet Heated SqFt: 2600 - 2799 Dining Room Type: Formal HOA and Neigh Amenities: Beach Access; Park; Pickleball; Picnic Area; Playground; Tennis Court(s) Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Breakfast Nook; Dining Room; Kitchen; Living Room Rental Information: Is Property Subject to Lease? Terms: Cash; Conventional

Room Information

Living Room Length: 18.00 Width: 16.00 Level: Second Kitchen Length: 18.00 Width: 10.33 Level: Second Dining Room Length: 14.25 Width: 8.00 Level: Second Bedroom 4 Length: 13.50 Width: 11.00 Level: Second Bedroom 1 Length: 19.66 Width: 13.00 Level: First Bedroom 2 Length: 13.00 Width: 10.40 Level: First Bedroom 3 Length: 13.00 Width: 11.00 Level: First Breakfast Nook Length: 13.00 Width: 8.50 Level: Second
Listing Office: eXp Realty
Last Updated: May - 02 - 2024
506 Ocean Drive, Oak Island, NC 28465- MLS# 100432220
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