$895,000
UNDER CONTRACT $85K PRICE DROP

108 E Island Dr Oak Island, NC 28465

Estimated payment $4,940/month

Total Views 6,765
4 Beds
3 Baths
2,492 Sq Ft
$359 Price per Sq Ft

Highlights

  • Home fronts a canal
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Southport Elementary School Rated 9+
  • Wood Flooring
  • Fenced Yard

About This Home

Island Drive, accessed via SW 28th Street, features 60 stunning waterfront properties - an island within the island, offering a truly unrivaled sense of tranquility. Among them is 108 East Island Drive, beautifully situated along Little Davis Canal. This four-bedroom, two-and-a-half bath home is loaded with amenities, starting with a recently renovated chef's kitchen outfitted with all-new cabinetry, stainless steel appliances, and marble countertops. It opens into a spacious living room with a gas fireplace, vaulted ceilings, and abundant natural light streaming in through two large skylights.
At the rear of the home, a deck overlooks Little Davis Canal and has been upgraded with tile flooring and low-maintenance beaded vinyl ceilings. It has an open grilling area and includes tempered glass railings to keep children and pets safe, without obstructing the view. It's the perfect spot to entertain, relax, or dine while enjoying serene outdoor evenings.
The expansive owner's bedroom features an ensuite bath and sliding doors that open to a balcony looking out over Davis Canal, the marsh, and out toward Montgomery Slough. The bathroom is bathed in natural light from skylights and includes both a walk-in shower and a soaking tub.
Upstairs, you'll find two additional bedrooms, a full bathroom, and a large laundry room complete with a utility sink, drying racks, and ample closet space. The fourth bedroom is on the main level, along with a cozy sitting room or office just off the foyer, far enough from the kitchen and living room to offer privacy and quiet.
Outside, the property is bulkheaded and includes a floating dock, boat lift, and outdoor shower. To maximize leisure time and minimize maintenance, turf areas have been replaced with decorative rock. There's also a dry entry through the garage and a well-lit workshop space.

Listing Agent

Rick Young

Southport Oak Island Real Estate License #262357 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Home fronts a canal
  • Fenced Yard
  • Wood Fence
  • Property is zoned OKI-R

Parking

  • 4

Home Design

  • Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Storm Doors
  • Laundry Room

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Soaking Tub
  • Walk-in Shower

Pool

  • Outdoor Shower

Schools

  • Southport Elementary School
  • South Brunswick High School

Utilities

  • Heating Available
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Stories: 2
  • Year Built: 1993
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Canal Front
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Tile, Wood
  • Interior Amenities: Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Solid Surface, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
  • Master Bedroom Level: Non Primary Living Area
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors
  • Exterior Finish: Wood Siding, Cedar
  • Fencing: Privacy, Back Yard, Wood
  • Roof: Shingle

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Water Source: County Water, Public

Lot Info

  • Deed Book: 3073
  • Deed Page: 676.00
  • Lot Number: 4
  • Zoning: OKI-R

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,007 $682,550 $255,000 $427,550
2024 $3,007 $682,550 $255,000 $427,550
2023 $2,699 $682,550 $255,000 $427,550
2022 $0 $445,560 $155,000 $290,560
2021 $0 $445,560 $155,000 $290,560
2020 $2,589 $445,560 $155,000 $290,560
2019 $2,589 $164,550 $155,000 $9,550
2018 $2,414 $157,440 $150,000 $7,440
2017 $2,414 $157,440 $150,000 $7,440
2016 $2,364 $157,440 $150,000 $7,440
2015 $2,364 $412,270 $150,000 $262,270
2014 $2,136 $401,181 $200,000 $201,181
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Price Changed $895,000 -5.7% $359 / Sq Ft
11/20/2025 11/20/25 Price Changed $949,000 -3.7% $381 / Sq Ft
10/10/2025 10/10/25 Price Changed $985,000 -6.1% $395 / Sq Ft
09/26/2025 09/26/25 Price Changed $1,049,000 -4.6% $421 / Sq Ft
07/29/2025 07/29/25 Price Changed $1,100,000 +12.2% $441 / Sq Ft
07/29/2025 07/29/25 For Sale $980,000 -- $393 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $397,500 None Available
Warranty Deed $517,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $317,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Hive MLS

MLS Number: 100521954

Hive MLS

APN: 234JF004