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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

Overview

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.

Listing Details MLS# 100432220

Contract Info

Sub-Type
Single Family Residence
Construction Type
Stick Built
Delayed Marketing?
No
Marketing Start Date
2024-03-10
Listing Price
1675000
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

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
Yes
# Baths - Total
5
# Bedrooms
4
Master Bedroom Level
Non Primary Living Area
Stories
2
Fireplace Y/N
No

Legal Taxes

Year Built
2018

More Information

Status Change Info

Under Contract Date
2024-03-17
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
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes
Breakfast Nook
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes

Rental Information

Lease Term
Short Term Lease
Is Property Subject to Lease?
Yes

Building/Ext Features

ud_i_08
0

Legal & Taxes

Tax Assessed Value
1260450
Total Real Estate Property Taxes
5378.29
Deed Book
3982
Deed Page
1113
Legal
L-12 B-R PL 4/40 Yaupon Beach
Broker Owner
No
PID
250FD00102
Tax Identifier
250fd00102
Plat Book
4
Plat Page
40
Lot #
12
Special Assessments
None
Tax Year
2023
Zoning
RES
HOA
No
Cobra Zone
Yes
Federal Flood Ins Avlbl
Yes
School District
Brunswick County Schools

Garage & Parking

Attached Garage Spaces
0
Detached Garage Spaces
0
Total # Garage Spaces
0
Underhouse Spaces
3
Total Carport Spaces
0
Driveway Spaces
4

Parking Features

Covered
Yes
Gravel
Yes
Paved
Yes

HOA and Neigh Amenities

Beach Access
Yes
Park
Yes
Pickleball
Yes
Picnic Area
Yes
Playground
Yes
Tennis Court(s)
Yes

Attic

Access Only
Yes

Basement

None
Yes

Handicap Accessible

Elevator
Yes

View Type

Ocean
Yes

Construction

Wood Frame
Yes

Unit Type

4 Bedroom Or More
Yes

Lot Water Features

Second Row
Yes

Exterior Features

DP50 Windows
Yes
Outdoor Shower
Yes

Exterior Finish

Fiber Cement
Yes

Terms

Cash
Yes
Conventional
Yes

Fencing

None
Yes

Foundation

Pilings
Yes

Flooring

LVT/LVP
Yes
Tile
Yes

Fuel Tank Ownership

Leased
Yes

Patio and Porch Features

Covered
Yes
Deck
Yes

Pool Features

Above Ground
Yes
See Remarks
Yes

Roof

Architectural Shingle
Yes

Levels

Two
Yes

Road Type/Frontage

Public (City/Cty/St)
Yes

Trash Collection

City Pick-UP
Yes

Lot Features

Corner Lot
Yes

Cooling

Central Air
Yes

Heated SqFt

2600 - 2799
Yes

Heating

Forced Air
Yes
Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Sewer

Municipal Sewer
Yes

Water Source

Municipal Water
Yes

Appliances/Equip

Built-In Microwave
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Cooktop
Yes
Refrigerator
Yes
Vented Exhaust Fan
Yes
Washer
Yes

Furnished

Furnished
Yes

Interior Features

Blinds/Shades
Yes
Ceiling Fan(s)
Yes
Elevator
Yes
Furnished
Yes
High Ceilings
Yes
Kitchen Island
Yes
Pantry
Yes
Reversed Floor Plan
Yes
Tray Ceiling(s)
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes

Security Features

Security System
Yes
Smoke Detector(s)
Yes

Laundry Features

In Hall
Yes
Laundry Closet
Yes

Dining Room Type

Formal
Yes

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 Pool Features: Above Ground; See Remarks Roof: Architectural Shingle Levels: Two 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 Flooring: LVT/LVP; Tile Furnished: Furnished Interior Features: Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; High Ceilings; Kitchen Island; Pantry; Reversed 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
IDX
Last Updated: May - 02 - 2024
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