505 Ocean Drive, Oak Island, NC 28465

$2,225,000
Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 2,839 Lot Size (sq. ft.): 8,625 Status: Closed
Current Price: $2,225,000 List Date: 9/15/2022 Last Modified: 12/01/2022

Description

This gorgeous oceanfront home boasts many features that will have you living in the lap of luxury, along with unique architecture and design throughout giving the home a charming character all its own. The elevated swimming pool with extensive deck sits uniquely above the sand dunes, allowing you to feel as though you are floating on the ocean. The pool even boast a pool heater to expanding the enjoyment of the pool into the cooler months. There is also a gathering room with wet bar just inside off the pool deck. Upstairs, you will love the large family area, dining, and high-end kitchen with floor-to-ceiling windows taking center stage offering the most spectacular panoramic ocean views. Five bedrooms are suites with their own private baths. Four of these bedrooms are true luxury master suites with large custom tile showers. The final two bedrooms share a bathroom for added convenience. This beautiful home is within walking distance to Oak Island Fishing Pier, Lazy Turtle Grill, Koko Cabanna, and many great shops and restaurants. Relax on the sandy shore in front of this home and count yourself blessed as you may see a dolphin surface as it travels up and down the coast. This lovely, bright, and airy home would make a fantastic primary residence, second home or rental investment property for you, and already boasts an established rental income. Come and see what new and wonderful surprises await you at this prime location in the ''Old Yaupon'' area of Oak Island.

More Information MLS# 100349533

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Auction: No List Price/SqFt: 808.38 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-09-14 Listing Price: 2295000 Current Price: $2,225,000

Location Information

City Limits: Yes Marketing City: Oak Island Secondary Subdivision: N/A Street #: 505 Street Name: Ocean Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28465 Subdivision: Yaupon Beach Geo Lat: 33.903463 Geo Lon: -78.079449

Remarks and Showing

Sign on Property: Yes Directions to Property: NC 211 to Long Beach Road, Right on E Oak Island Drive, Left on Norton, Right on Ocean, Home is on the Left.

Property Exterior Info

New Construction: No Lot Acres: 0.2 Lot Dimensions: 57 X 150 Lot SqFt: 8625 Waterfront: Yes Waterview: Yes Location Type: Island

Property Interior Info

Total SqFt - Heated (Primary + Separate): 2839 # Rooms: 10 # Baths - Full: 6 # Baths - Half: 1 # Baths - Total: 7 Master Bedroom Level: Primary Living Area Stories: 2 SqFt - Heated (Primary): 2839 # Bedrooms: 7

Legal & Taxes

Tax Assessed Value: 853660 Total Real Estate Property Taxes: 4781.71 Deed Book: 4072 Deed Page: 1100 Legal: L-3 B-8H YB PLAT 4/40 Broker Owner: No PID: 250FG003 Tax Identifier: 250fg003 Plat Book: 4 Plat Page: 40 Lot #: 3 Special Assessments: Possible Sand Assessment Tax Year: 2021 Zoning: CR HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes School District: Brunswick County Schools

Garage & Parking

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

HOA and Neigh Amenities

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

Attic

Access Only: 1

Frontage Type

Oceanfront: 1

Handicap Accessible

Elevator: 1

View Type

Ocean: 1 Water: 1

Construction

Wood Frame: 1

Exterior Features

DP50 Windows: 1 Outdoor Shower: 1

Exterior Finish

Vinyl Siding: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Pilings: 1

Flooring

LVT/LVP: 1 Tile: 1

Fuel Tank

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

Fuel Tank Ownership

Owned: 1

Green Bldg Features

Tankless Water Heater: 1

Parking Features

Concrete: 1 Covered: 1 Off Street: 1 On Site: 1 Paved: 1 See Remarks: 1

Patio and Porch Features

Covered: 1 Deck: 1 Porch: 1

Roof

Architectural Shingle: 1 Metal: 1

Stories/Levels

Two: 1

Road Type/Frontage

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

Trash Collection

City Pick-UP: 1

Lot Water Features

Ocean Side: 1

Lot Features

Dunes: 1

Cooling

Heat Pump: 1

Heated SqFt

2800 - 2999: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Water Heater

Propane: 1 Tankless: 1

Utilities

Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Appliances/Equip

Built-In Microwave: 1 Dishwasher: 1 Gas Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Fireplace

None: 1

Furnished

Furnished: 1

Interior Features

Blinds/Shades: 1 Ceiling Fan(s): 1 Elevator: 1 Furnished: 1 High Ceilings: 1 Kitchen Island: 1 Reversed Floor Plan: 1 Solid Surface: 1 Tray Ceiling(s): 1 Walk-in Shower: 1 Walk-In Closet(s): 1

Security Features

Smoke Detector(s): 1

Dining Room Type

Combination: 1 Kitchen: 1

Other Structures

Shower: 1

Legal Taxes

Year Built: 2019

Status Change Info

Under Contract Date: 2022-11-12 Sold Price: $2,225,000 Sold Date: 2022-12-01

Property Features

Frontage Type: Oceanfront Handicap Accessible: Elevator View Type: Ocean; Water Attic: Access Only Construction: Wood Frame Exterior Features: DP50 Windows; Outdoor Shower Exterior Finish: Vinyl Siding Fencing: None Foundation: Pilings Fuel Tank Ownership: Owned Green Bldg Features: Tankless Water Heater Parking Features: Concrete; Covered; Off Street; On Site; Paved; See Remarks Patio and Porch Features: Covered; Deck; Porch Roof: Architectural Shingle; Metal Trash Collection: City Pick-UP Lot Features: Dunes Lot Water Features: Ocean Side Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Propane; Tankless 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; Reversed Floor Plan; Solid Surface; Tray Ceiling(s); Walk-in Shower; Walk-In Closet(s) Security Features: Smoke Detector(s) Heated SqFt: 2800 - 2999 Dining Room Type: Combination; Kitchen Other Structures: Shower HOA and Neigh Amenities: Basketball Court; Park; Pickleball; Picnic Area; Playground; Tennis Court(s); Trail(s) Terms: Cash; Conventional
Listing Office: Better Beach Sales & Rentals, Inc.
IDX
Last Updated: December - 01 - 2022
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