505 Ocean Drive, Oak Island, NC 28465
$2,600,000
Property Type:
Residential
Bedrooms:
7
Baths:
7
Square Footage:
2,820
Lot Size (sq. ft.):
8,625
Status:
Closed
Current Price:
$2,600,000
List Date:
11/08/2024
Last Modified:
3/25/2025
Description
Welcome to 505 Ocean Drive, a stunning 7-bedroom, 6.5-bathroom oceanfront home is nestled in a prime location in the ''Old Yaupon'' area of Oak Island. Built in 2019, this home boasts modern architecture and stylish interiors, seamlessly blending comfort and sophistication for the ultimate coastal retreat. With contemporary design and luxurious amenities, this property offers an unparalleled coastal living experience. With seven spacious bedrooms, including five with their own bathrooms, this home offers plenty of space for family and guests to unwind in comfort and privacy. Enjoy breathtaking views of the Atlantic Ocean right from your doorstep. Step out onto the pristine sandy beach for a morning stroll or soak in stunning sunsets from the comfort of your own home. Relax and rejuvenate in the heated pool, perfect for year-round enjoyment. Whether you're looking to cool off on a hot summer day or take a refreshing dip in the cooler months, the elevated pool offers endless opportunities for relaxation and recreation. Accessibility is key in this thoughtfully designed home. The inclusion of an elevator ensures that all occupants, regardless of mobility, can easily access every floor with ease and comfort. Convenience is paramount with two sets of washer and dryers—one upstairs and one downstairs—making laundry day a breeze for residents and guests alike. This home is currently on a vacation rental program with established annual income! Schedule a showing today!
More Information MLS# 100475055
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 921.99
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-11-08
Listing Price: 2600000
Current Price: $2,600,000
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: 33.903466
Geo Lon: -78.07945
Remarks and Showing
Sign on Property: No
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): 2820
# Rooms: 10
# Baths - Full: 6
# Baths - Half: 1
# Baths - Total: 7
Master Bedroom Level: Primary Living Area
Stories: 2
SqFt - Heated (Primary): 2820
# Bedrooms: 7
Legal & Taxes
Tax Assessed Value: 1363150
Total Real Estate Property Taxes: 5753.35
Deed Book: 4944
Deed Page: 216
Legal: L-3 B-8H YB PLAT 4/40
Broker Owner: No
PID: 250FG003
Tax Identifier: 250fg003
Plat Book: 00000
Plat Page: 00000
Special Assessments: None Known
Tax Year: 2024
Zoning: OK-CR
HOA: No
Cobra Zone: No
School District: Brunswick County Schools
Elementary School: Southport
Middle School: South Brunswick
High School: South Brunswick
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Underhouse Spaces: 4
Total Carport Spaces: 0
Construction
Wood Frame: 1
Exterior Finish
Vinyl Siding: 1
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Foundation
Pilings: 1
Fuel Tank
Above or Below Ground: Above Ground
Fuel Type: Propane
Owned or Leased: Owned
Fuel Tank Ownership
Owned: 1
Parking Features
Concrete: 1
Covered: 1
Patio and Porch Features
Deck: 1
Roof
Architectural Shingle: 1
Stories/Levels
Two: 1
Road Type/Frontage
Public (City/Cty/St): 1
Lot Water Features
Deeded Water Access: 1
Cooling
Central Air: 1
Heated SqFt
2800 - 2999: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Fireplace
None: 1
Interior Features
Furnished: 1
Dining Room Type
Combination: 1
Kitchen: 1
Legal Taxes
Year Built: 2019
Status Change Info
Under Contract Date: 2024-11-08
Sold Price: $2,600,000
Sold Date: 2024-12-18
Property Features
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Fencing: None
Foundation: Pilings
Fuel Tank Ownership: Owned
Parking Features: Concrete; Covered
Patio and Porch Features: Deck
Roof: Architectural Shingle
Lot Water Features: Deeded Water Access
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Fireplace: None
Interior Features: Furnished
Heated SqFt: 2800 - 2999
Dining Room Type: Combination; Kitchen
Terms: Cash; Conventional
Listing Office:
Landmark Sotheby's International Realty
IDX
Last Updated: March - 25 - 2025
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