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1014 W Beach Drive

Oak Island, NC 28465

$825,000

$772 per Sq.Ft.

  • Active
  • 4 beds
  • 2 baths
  • 1068 Sq. Ft.
  • Residential
  • Built in 1955
  • MLS #100591062
4 beds
2 baths
1068 Sq. Ft.
Residential
Built in 1955
MLS #100591062
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.


Interior Features

Total bedrooms
4 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Electric oven, washer, refrigerator, dryer, dishwasher
Interior features
Ceiling fan(s), furnished
Flooring
Laminate
Cooling
Central air
Heating
Electric, heat pump


Exterior Features

Lot size
0.17 acres
Water front
No
Water features
None
Fencing
None
Exterior features
Block, vinyl siding
Roof
Metal


HOA Information

HOA
No
HOA amenities
No amenities


Utilities

Utilities
Water connected


Schools

Elementary school
Southport
Middle school
South Brunswick
High school
South Brunswick


Other Information

Tax assessed value
$592,210.00
Tax year
2025
Zoning
Ok-R-7


Listing provided courtesy of: Coldwell Banker Sea Coast Advantage. 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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Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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