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$1,700,000
506 Ocean Drive
Oak Island, NC 28465
MLS# 100432220
Status: Closed
4 beds  |  5 baths  |  2638 sqft


Welcome to 506 Ocean Drive
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Welcome to 506 Ocean Drive 506 Ocean Drive Pool View & Ocean View View to Oak Island Drive Ocean View - 2nd Row Elevated Heated Pool - Soak in the Ocean Views Covered & Open Deck Space Elevated Pool with Plenty of Deck Space Beautifully Landscaped Privacy with Raised Heated Pool Gorgeous View from the Ocean Oak Island Pier Reverse Floor Plan Main Living Space for Relaxing & Entertaining Open Floor Plan with Incredible Ocean Views Enjoy the Comfort of the Waves from the Open Living Space Abundance of Natural Light Outlet Located in Center Floor for Convenience Dining Next to the Shore Breakfast Nook Area Room for Seating at the Island 506 Ocean Drive MLS-42 Great Storage Space throughout Kitchen Half Bath just around the corner from Kitchen Bedroom 4/Office on Kitchen & Main Living Area Bedroom 4/Office En-Suite with Walk-In Shower Walk-In Shower Stairs Leading to First Floor Bedrooms Primary Bedroom Entrance Spacious Primary Bedroom Lots of Beautiful Views - Entry to Deck & Pool Recessed Lighting & Fan Primary En-Suite with Dual Vanity Primary Walk-In Shower Bedroom 2 - Could Be 2nd Primary En-Suite Bath with Dual Vanity & Tub/Shower Bedroom 3 First Floor Bedroom 3 Bedroom 3 En-Suite Bath with Walk-In Shower Walk-In Shower Stairs Leading to Carport Inside Elevator away from the Elements Closet Space under Stairs for Storage Relax and Enjoy the Ocean on the expansive Decking 506 Ocean Drive MLS-58 Deck, Patio, Perfection 506 Ocean Drive MLS-50 Patio off Kitchen/Dining - 2 Stairways to the Pool from Inside & Out The Atlantic Ocean! Experience Oak Island on Ocean Drive Carport - Can go from Ocean Drive out to Trott St with ease Drive straight through from Ocean Drive to back of the House and out the side street Gravel Drive for easy Maintenance 506 Ocean Drive MLS-63 Beach Access-Time to Have Fun!

Property Description
Prepare to be captivated by this exquisite beach retreat nestled on the second row of Oak Island, offering unparalleled vistas of the ocean. Crafted with meticulous attention to detail in 2018, this abode has been impeccably maintained. Elevating coastal living to new heights, the reverse plan design unveils an airy layout where the expansive living, dining, and kitchen spaces seamlessly merge, inviting you to savor the awe-inspiring views. Completing the top level discover a bright and airy bedroom suite adorned with a king-size bed, while the first level hosts a sumptuous primary suite boasting walk-out decking—an idyllic spot to savor your morning brew while being serenaded by the rhythmic crashing of the waves. Two additional bedroom suites on this level provide ample accommodations for guests. Indulge in leisurely moments by the raised heated pool, conveniently accessible from the lower level bedrooms, offering both privacy and unobstructed ocean vistas. With the convenience of an elevator granting effortless access to all floors, along with ample parking beneath and behind the residence, convenience and comfort are seamlessly intertwined. For those seeking a lucrative investment opportunity, this home has a proven track record as a vacation rental, promising excellent returns. Situated in a prime locale on the enchanting Oak Island, residents will relish easy access to the OKI Pier, as well as lots of shopping and dining options—all within a short stroll, bike ride, or leisurely golf cart excursion away. Experience the epitome of coastal living in this idyllic haven that promises a lifestyle of luxury, relaxation, and endless seaside delights.

Details
Maps
Building/Ext Features
ud_i_08: 0
Property Interior Info
Total SqFt - Heated (Primary + Separate): 2638
# Rooms: 8
# Baths - Full: 4
# Baths - Half: 1
# Baths - Total: 5
Master Bedroom Level: Non Primary Living Area
Stories: 2
Fireplace Y/N: No
SqFt - Heated (Primary): 2638
# Bedrooms: 4
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 634.95
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-03-10
Listing Price: 1675000
Current Price: $1,700,000
Location Information
City Limits: Yes
Marketing City: Oak Island
Secondary Subdivision: N/A
Street #: 506
Street Name: Ocean
Street Suffix: Drive
County: Brunswick
State/Province: NC
Zip Code: 28465
Subdivision: Yaupon Beach
Geo Lat: 33.904106
Geo Lon: -78.079706
Remarks and Showing
Sign on Property: Yes
Directions to Property: From Long Beach Rd, cross the bridge onto Oak Island. Turn right on Oak Island Drive at light. Turn left on Trott St, house is on the left at the corner of Trott & Ocean
Property Exterior Info
New Construction: No
Lot Acres: 0.22
Lot Dimensions: 83x111x78x131
Lot SqFt: 9496
Waterfront: No
Waterview: Yes
Location Type: Island
Legal & Taxes
Tax Assessed Value: 1260450
Total Real Estate Property Taxes: 5378.29
Deed Book: 3982
Deed Page: 1113
Legal: L-12 B-R PL 4/40 Yaupon Beach
Broker Owner: No
PID: 250FD00102
Tax Identifier: 250fd00102
Plat Book: 4
Plat Page: 40
Lot #: 12
Special Assessments: None
Tax Year: 2023
Zoning: RES
HOA: No
Cobra Zone: Yes
Federal Flood Ins Avlbl: Yes
School District: Brunswick County Schools
Rental Information
Is Property Subject to Lease?: 1
Lease Term: Short Term Lease
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Underhouse Spaces: 3
Total Carport Spaces: 0
Driveway Spaces: 4
Parking Features
Covered: 1
Gravel: 1
Paved: 1
HOA and Neigh Amenities
Beach Access: 1
Park: 1
Pickleball: 1
Picnic Area: 1
Playground: 1
Tennis Court(s): 1
Attic
Access Only: 1
Basement
None: 1
Handicap Accessible
Elevator: 1
View Type
Ocean: 1
Construction
Wood Frame: 1
Unit Type
4 Bedroom Or More: 1
Lot Water Features
Second Row: 1
Exterior Features
DP50 Windows: 1
Outdoor Shower: 1
Exterior Finish
Fiber Cement: 1
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Foundation
Pilings: 1
Flooring
LVT/LVP: 1
Tile: 1
Fuel Tank
Above or Below Ground: Below Ground
Fuel Type: Propane
Owned or Leased: Leased
Fuel Tank Ownership
Leased: 1
Patio and Porch Features
Covered: 1
Deck: 1
Pool Features
Above Ground: 1
See Remarks: 1
Roof
Architectural Shingle: 1
Levels
Two: 1
Road Type/Frontage
Public (City/Cty/St): 1
Trash Collection
City Pick-UP: 1
Lot Features
Corner Lot: 1
Cooling
Central Air: 1
Heated SqFt
2600 - 2799: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 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
Disposal: 1
Dryer: 1
Electric Cooktop: 1
Refrigerator: 1
Vented Exhaust Fan: 1
Washer: 1
Furnished
Furnished: 1
Interior Features
Blinds/Shades: 1
Ceiling Fan(s): 1
Elevator: 1
Furnished: 1
High Ceilings: 1
Kitchen Island: 1
Pantry: 1
Reversed Floor Plan: 1
Tray Ceiling(s): 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Security Features
Security System: 1
Smoke Detector(s): 1
Laundry Features
In Hall: 1
Laundry Closet: 1
Dining Room Type
Formal: 1
Rooms
Bedroom 1: 1
Bedroom 1 Level: First
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Bedroom 4: 1
Bedroom 4 Level: Second
Breakfast Nook: 1
Breakfast Nook Level: Second
Dining Room: 1
Dining Room Level: Second
Kitchen: 1
Kitchen Level: Second
Living Room: 1
Living Room Level: Second
Legal Taxes
Year Built: 2018
Status Change Info
Under Contract Date: 2024-03-17
Sold Price: $1,700,000
Sold Date: 2024-05-01
Property Features
Handicap Accessible: Elevator
View Type: Ocean
Attic: Access Only
Basement: None
Construction: Wood Frame
Unit Type: 4 Bedroom Or More
Exterior Features: DP50 Windows; Outdoor Shower
Exterior Finish: Fiber Cement
Fencing: None
Foundation: Pilings
Fuel Tank Ownership: Leased
Parking Features: Covered; Gravel; Paved
Patio and Porch Features: Covered; Deck
Pool Features: Above Ground; See Remarks
Roof: Architectural Shingle
Levels: Two
Trash Collection: City Pick-UP
Lot Features: Corner Lot
Lot Water Features: Second Row
Cooling: Central Air
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: LVT/LVP; Tile
Furnished: Furnished
Interior Features: Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; High Ceilings; Kitchen Island; Pantry; Reversed Floor Plan; Tray Ceiling(s); Walk-in Shower; Walk-In Closet(s)
Security Features: Security System; Smoke Detector(s)
Laundry Features: In Hall; Laundry Closet
Heated SqFt: 2600 - 2799
Dining Room Type: Formal
HOA and Neigh Amenities: Beach Access; Park; Pickleball; Picnic Area; Playground; Tennis Court(s)
Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Breakfast Nook; Dining Room; Kitchen; Living Room
Rental Information: Is Property Subject to Lease?
Terms: Cash; Conventional
Room Information
Room Name Length Width Level
Living Room18.0016.00Second
Kitchen18.0010.33Second
Dining Room14.258.00Second
Bedroom 413.5011.00Second
Bedroom 119.6613.00First
Bedroom 213.0010.40First
Bedroom 313.0011.00First
Breakfast Nook13.008.50Second

IDX
Listing Office: eXp Realty

Last Updated: May - 02 - 2024

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