1014 W Beach Drive, Oak Island, NC 28465
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
Listed by: mia k bryans
Office: coldwell banker sea coast advantage
MLS#:100591062
Source:NC_CCAR
Price summary
- Price:$785,000
- Price per sq. ft.:$735.02
About this home
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....
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Home facts
- Year built:1955
- Subdivision & Development:Not In Subdivision
- Listing ID #:100591062
- Added:112 day(s) ago
- Updated:November 12, 2026 at 12:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Laminate
- Kitchen Description:Dishwasher, Refrigerator
- Living area:1,068 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump, Heating
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1955
- Building area:1,068 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Block, Vinyl Siding
- Exterior Features:Deck, Outdoor Shower
- Foundation Description:Block, Pilings
- Levels:1 Story
Schools
- High school:South Brunswick
- Middle school:South Brunswick
- Elementary school:Southport
Utilities
- Water:Water Connected
Finances and disclosures
- Price:$785,000
- Price per sq. ft.:$735.02
Features and amenities
- Appliances:Dishwasher, Dryer, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Blinds/Shades, Ceiling Fan(s), Furnished
Parking
- Parking description:On Site
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