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332 NE 40th Street

Oak Island, NC 28465

$785,000

$593 per Sq.Ft.

  • Active
  • 3 beds
  • 2 baths
  • 1324 Sq. Ft.
  • Residential
  • Built in 2012
  • MLS #100561155
3 beds
2 baths
1324 Sq. Ft.
Residential
Built in 2012
MLS #100561155
Just in case you forget you're on an island... this backyard will remind you. Welcome to this beautifully maintained 3 bedroom, 2 bath piling home on Oak Island, NC, offering the perfect blend of comfort, functionality, and coastal lifestyle. Designed with a split floor plan, this home features a spacious living area with custom built-ins, a dedicated dining space with built-in shelving, and a large screened-in porch ideal for enjoying coastal breezes year-round. Interior features include bamboo flooring throughout, plantation shutters, custom blinds in the living room, and hurricane shutters, along with a new hot water heater. Downstairs, you'll find an expansive outdoor living and entertaining area, thoughtfully designed to maximize island living. This space includes a custom built bar with cabinetry, dining area, and additional lounge space, creating the perfect setup for hosting or relaxing after a day at the beach. Additional features include hardi plank siding, well irrigation, extra parking for guests, a termite bond, ongoing pest maintenance with Manning's Pest Control, and HVAC servicing with Bell's. The deep lot has been carefully landscaped to create a low-maintenance, private oasis with mature greenery and palm trees that enhance the coastal feel. Enjoy your private salt water pool, along with space for outdoor activities such as putting, cornhole, or bocce. Additional parking provides plenty of room for guests. Ideally located on the northeast side of Oak Island, this home offers a straight shot to the beach just across Oak Island Drive, approximately a 5-minute walk. Convenient to shopping, dining, and local attractions, including Middleton Park, the NE 55th Street boat launch, and the SE 31st Street kayak launch. Why Oak Island? Oak Island offers the perfect blend of convenience and coastal charm with two bridges for easy access, while still feeling like a true escape. Enjoy a golf cart-friendly community, local restaurants and shops, and over 60 public beach access points. Spend your days exploring the Oak Island Golf Course, visiting the historic lighthouse, or launching from nearby boat and kayak access points. With its south-facing beaches, you'll experience some of the most beautiful sunsets on the North Carolina coast, along with year-round community events, scenic walkways, and a laid-back coastal lifestyle. The town of Oak Island has these amenities - this is NOT in an HOA! Whether you're looking for a primary residence, second home, or investment opportunity, this property offers strong potential with rental projections exceeding $57,000. I think I just found your vacation home.

Interior Features

Total bedrooms
3 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Built-in microwave, built-in electric oven, refrigerator, disposal, dishwasher
Interior features
Walk-in closet(s), vaulted ceiling(s), ceiling fan(s)
Flooring
Bamboo, tile
Cooling
Central air
Heating
Heat pump, electric

Exterior Features

Lot size
0.2 acres
Water front
No
Fencing
Metal/ornamental, back yard, wood
Exterior features
Composition
Roof
Shingle

HOA Information

HOA
No
HOA amenities
Basketball court, beach access, boat dock, dog park, golf course, pickleball, playground, see remarks

Utilities

Utilities
Sewer connected, water connected

Schools

Elementary school
Southport
Middle school
South Brunswick
High school
South Brunswick

Other Information

Tax assessed value
$544,900.00
Tax amount
$3,773.10
Tax year
2025
Zoning
Ok-R-6

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Listing provided courtesy of: RE/MAX Southern Coast. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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