2602 E Beach Drive, Oak Island, NC 28465

$999,900
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 879 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $999,900 List Date: 10/21/2025 Last Modified: 12/06/2025

Description

GROSS RENTAL 2025 INCOME $100,000+. Once in a while, a home comes on the market that is so special that it captures everyone's heart. In this case, we present to you TWO homes on one 2nd row homesite at 2602 E Beach Drive, Oak Island. These recently remodeled beach cottages are going to pull tightly at your heartstrings. This is a rare opportunity to have two detached cottages that are located across the street from direct access to the Atlantic Ocean. Each cottage offers 2 bedrooms and 1 bathroom. The main cottage is perfectly situated on Beach Drive and the guest cottage is located directly behind the main cottage. These beach cottages will remind you of your best childhood days on the beach surrounded by those that mean the most to you. Oak Island was once a yesteryear beach that caught the attention of families and fishermen who would travel to OKI to gather with their friends. Their days would be spent fishing and playing on the island's golden sand beaches and they would come together in the evening to reward themselves with the fresh seafood that they had caught that day. If these walls could talk, there would be Fish Tales for days! These 1950s era cottages hold all the classic coastal charm that your heart could desire. These cottages were thoughtfully and carefully designed to accommodate lots of guests and to serve as a gathering place where lifelong memories can be developed and dreams can become a reality. A large deck separates the two cottages which is perfect for coming together while also offering a private place to retreat to after a long day of fun. Oak Island offers a south-facing beach that gifts its residents and visitors the most glorious sunrises and the most peaceful sunsets that you could ever imagine. When you arrive at 2602 E Beach, you will know that you have arrived at something special as you feel your soul calm while you listen to the crashing waves and wind blown palms. As you enter the main cottage, you will

Supplements: be welcomed by a large enclosed front porch. Once inside, you will find an open living concept for easy living that invites you to come inside to curl up with a great book or to make a delicious meal with your family and friends. The main cottage also offers 2 bedrooms, 1 bathroom and an upstairs loft area that is perfect for a play area or storage. The kitchen will meet all of your needs with its modern amenities, ample cabinet space, and bar area. The back door to the main cottage leads you to a large open deck with outdoor shower. While the deck is shared between the two cottages, each cottage provides its own outdoor shower. As you make your way into the guest cottage, you are welcomed with a foyer area that could also serve as another living space, office, dining area, playroom, exercise area and so much more. Your guest cottage is anchored by its bright and open living/dining area that is ready to serve as the perfect backdrop for playing games, putting together those puzzles, or just simply sitting and enjoying your favorite tv show with those you love most. The guest cottage also offers a fully equipped kitchen, 2 bedrooms, and one bathroom. There is also a private side deck that is set up to accommodate lunch in the afternoon or dinner under the stars in the evening. As you make your way outside, you will be mesmerized by the sound of the ocean's waves crashing just steps away from you. Located in the hot spot on the island, these cottages are also a quiet safe haven due to their unique location and set-up. Calling all Sunseekers!!! Oak Island, name a Top Ten Beach Town by "Coastal Living Magazine," is known for its golden sand beaches, blue waters, friendly community, and its close proximity to the Historic Cities of Southport, NC, Wilmington, NC. and Myrtle Beach, SC. The island life on Oak Island is like no other! Some of the best restaurants along the coast are just a short commute away and during the Spring and Summer seasons, those local favorites are just a short golf cart ride away! There are many cute coffee shops, great stores, and parks on the island! Oak Island is even the home to a splashpad for true summer fun! You are just a short distance from the Jetport, OKI Lighthouse and OKI Golf Club! Hurry and you can start living your best island life right now! These cottages are currently on the rental market and managed privately by the owner! You may choose to make this your primary home, 2nd home or it can serve you well as an investment property. Hurry! Don't let someone steal your opportunity! Remember... the ONLY thing better than a Beach Cottage is TWO Beach Cottages. Here is your chance! Being offered "As-Is with rights to inspect." The Seller will allow the new owner to take over the LLC, Website domain, Logo, Branding, Brochures, etc should they wish to do so. Seller will consider all offers.

More Information MLS# 100537194

Building/Ext Features

ud_i_08: 0

Property Interior Info

SqFt - Heated Separate: 876 Total SqFt - Heated (Primary + Separate): 1755 # Rooms: 5 # Baths - Full: 1 # Baths - Half: 0 # Baths - Total: 1 Master Bedroom Level: Primary Living Area Stories: 1 Fireplace Y/N: No SqFt - Heated (Primary): 879 # Bedrooms: 2

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built List Price/SqFt: 569.74 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-10-20 Listing Price: 999900 Current Price: $999,900

Location Information

City Limits: Yes Marketing City: Oak Island Secondary Subdivision: N/A Street #: 2602 Pre Direction: E Street Name: Beach Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28465 Subdivision: Not In Subdivision Geo Lat: 33.913063 Geo Lon: -78.135394

Remarks and Showing

Sign on Property: No Directions to Property: Follow E Oak Island Drive. Turn Left at the light at 58th Street. Turn right onto E Beach Drive. Follow E Beach Drive and 2602 E Beach Drive will be on your right.

Property Exterior Info

New Construction: No Lot Acres: 0.17 Lot Dimensions: Buyer to confirm with survey at Buyer's expense. Lot SqFt: 7405 Waterfront: No Waterview: Yes Location Type: Island

Legal & Taxes

Tax Assessed Value: 620520 Total Real Estate Property Taxes: 4165 Deed Book: 05196 Deed Page: 556 Legal: L-1 B-31 S-3 LB PLAT 1/96-99 Broker Owner: Yes PID: 235OC012 Tax Identifier: 235oc012 Plat Book: 1 Plat Page: 96-99 Special Assessments: NONE AT TIME OF LISTING Tax Year: 2025 Zoning: Ok-R-7 HOA: No Cobra Zone: No School District: Brunswick County Schools Elementary School: Southport Middle School: South Brunswick High School: South Brunswick

Rental Information

Lease Term: Short Term Lease Contact Information: okivacay.com Is the Seller the Property Manager: 1

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

On Site: 1

HOA and Neigh Amenities

Basketball Court: 1 Park: 1 Pickleball: 1 Picnic Area: 1 Playground: 1 Tennis Court(s): 1 See Remarks: 1

View Type

Ocean: 1

Construction

Wood Frame: 1

Lot Water Features

Second Row: 1

Exterior Finish

Vinyl Siding: 1 Wood Siding: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1 See Remarks: 1

Fencing

None: 1

Foundation

See Remarks: 1

Patio and Porch Features

Deck: 1 Enclosed: 1 Porch: 1

Roof

Shingle: 1

Levels

One: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Lot Features

Corner Lot: 1

Cooling

Other: 1

Heated SqFt

800 - 999: 1

Heating

Other: 1

Heating System Fuel Source

Other: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Furnished

Furnished: 1

Interior Features

Furnished: 1

Security Features

Smoke Detector(s): 1

Dining Room Type

Combination: 1

Legal Taxes

Year Built: 1955

Property Features

View Type: Ocean Construction: Wood Frame Exterior Finish: Vinyl Siding; Wood Siding Fencing: None Foundation: See Remarks Parking Features: On Site Patio and Porch Features: Deck; Enclosed; Porch Roof: Shingle Levels: One Lot Features: Corner Lot Lot Water Features: Second Row Cooling: Other Heating: Other Heating System Fuel Source: Other Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Furnished: Furnished Interior Features: Furnished Security Features: Smoke Detector(s) Heated SqFt: 800 - 999 Dining Room Type: Combination HOA and Neigh Amenities: Basketball Court; Park; Pickleball; Picnic Area; Playground; Tennis Court(s); See Remarks Rental Information: Is the Seller the Property Manager Terms: Cash; Conventional; FHA; VA Loan; See Remarks
Listing Office: Palm Realty, Inc.
IDX
Last Updated: December - 06 - 2025
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