$785,000

1014 W Beach Drive, Oak Island, NC 28465

  • 4 beds |
  • 2 baths |
  • 1,068 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $735/sqft
  • Property List Date Icon Listed 20 days ago

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.

Listing Status:
Active
Date Added:
July 23, 2026
Data Last Updated:
August 12, 2026 at 7:18PM
Listing Office:
Coldwell Banker Sea Coast Advantage : 910-754-6782
MLS ID:
100591062
  • General: Ceiling Fan(s)FurnishedBlinds/Shades
  • Master Bedroom: Primary Living Area
  • Appliances: Electric OvenWasherRefrigeratorDryerDishwasher
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: ElectricHeat PumpElectric
  • General: Outdoor Shower
  • Other Structures: Deck
  • Parking: On SiteParking spaces: 0
  • Roofing: Metal
  • General: BlockVinyl SidingOneBlockOtherPilings
  • Road/Access: City StreetState RoadSee Remarks
  • HOA Amenities: None
  • Originating MLS: Hive MLS
  • School District: Brunswick County Schools
  • County: Brunswick
  • Zoning: Ok-R-7L-7 B-76 Lb Plat 2.5/266234nc02601
  • View: Ocean
  • Fencing: None
  • Utilities: Water Connected
  • Source: Hive MLS

This listing courtesy of Coldwell Banker Sea Coast Advantage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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