NOT LISTED FOR SALE

1602 E Yacht E Oak Island, NC 28465

Estimated Value: $1,696,000 - $2,303,000

4 Beds
3.5 Baths
3,127 Sq Ft
$661/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $2,050,000 $656 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,640/month

2 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Waterfront
  • Pier
  • Intracoastal View
  • 0.52 Acre Lot

About This Home

As of May 2024

Introducing one of the most remarkable waterfront homesites located on Yacht Drive for the first time ever on the market. This rare, luxurious Oak Island Intracoastal Waterway front home is a masterpiece! This pristine high-end home is situated on a street end, corner DOUBLE waterfront lot, offering unparalleled views and a sophisticated coastal lifestyle. Custom-built with meticulous attention to detail, this home is located on over half an acre of waterfront property and comes partially furnished, features a three floor stop ELEVATOR, four bedrooms, three full bathrooms, and a 1/2 bathroom. The double-car garage and oversized pantry provide ample storage space, while all stainless steel high-end appliances and upgraded granite countertops elevate the kitchen's elegance. Enjoy breathtaking views of the waterway from most rooms in this wellappointed home. Take in the views and the coastal breeze from the large screened porches, perfect for relaxing or entertaining. Step inside the beautiful master suite featuring waterway views and a screened porch entrance, custom tiled shower, and walk-in closets with custom cabinetry. Upstairs, you'll find breathtaking top views of the Intracoastal and an additional living room, kitchenette/wet bar, an open office area, stone propane fireplace, and another generously sized screened porch. Making the top floor a perfect design it also hosts 3 nicely sized guest bedrooms and 2 full bathrooms.The impressive outdoor amenities include an outdoor kitchen and fire pit bowl that are both conveniently connected to an outdoor propane gas line, a pergola with patio seating and an outdoor shower. This home offers the perfect blend of luxury, comfort, and coastal living, making it an ideal retreat for those seeking a high-end waterfront lifestyle on Oak Island.

Last Agent to Sell the Property

Lindsey Jenkins

Century 21 Collective License #300358 Listed on: 03/31/2024

Century 21 Collective

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,556

Year Built

  • Built in 2017

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 120 x 162 x 164 x 153
  • Waterfront
  • Fenced Yard
  • Decorative Fence
  • Corner Lot
  • Property is zoned R6

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,127 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Intracoastal Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Pier
  • Bulkhead
  • Boat Lift
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Pergola
  • Outdoor Gas Grill

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 235ga005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,556

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2017
  • Trash Collection: City Pick-UP
  • Road Frontage Type: ICW Front
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Ceiling - Trey, Ceiling Fan(s), Elevator, Gas Logs, Kitchen Island, Pantry, Smoke Detectors, Walk-In Closet, Wet Bar
  • Laundry Location: Room
  • List Price per Sq Ft: 655.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Sq Ft Heated: 3127.00
  • Total Heated Primary Separate Sq Ft: 3127.00

Exterior Features

  • Exterior Features: Exterior Kitchen, Gas Grill, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Outdoor Kitchen, Pergola, Shower
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Patio, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Covered, Garage Faces Front, On Site

Utilities

  • Appliances Equipment: Bar Refrigerator, Cooktop - Electric, Dishwasher, Microwave - Built-In, Refrigerator, Wall Oven
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Propane, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Condo/Co-op/Association

  • Pets Allowed: Cats Ok, Dogs Ok

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 11.00
  • Lot Acres: 0.52
  • Lot Description: Corner Lot
  • Lot Dimensions: 120 x 162 x 164 x 153
  • Lot Sq Ft: 22695.00
  • Lot Water Features: Boat Dock, Boat Lift, Bulkhead, Pier
  • Plat Book: 5
  • Plat Page: 128
  • Special Assessments: None at time of listing
  • Zoning: R6
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: 235ga005
  • Tax Year: 2023

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • High School2: Early College
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
May 8, 2024
Sold by
Jordan James C and Jordan Peggy D
Bought by
Hayes Russell Brent
Seller's Agent
Lindsey Jenkins
Century 21 Collective
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$2,050,000
Sold Price
$2,050,000
Views
12
Current Estimated Value
$2,066,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,473
Avg. Annual Appreciation
0.60%
Original Mortgage
$1,200,050
Outstanding Balance
$1,131,816
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$934,657

Purchase Details

Listed on
Jan 20, 2013
Closed on
Jun 28, 2013
Sold by
Neill Daniel J O and Neill Martha H O
Bought by
Jordan James C and Jordan Peggy D
Seller's Agent
Dot Schuck
Margaret Rudd Assoc/O.I.
Buyer's Agent
Dot Schuck
Margaret Rudd Assoc/O.I.
List Price
$239,000
Sold Price
$197,000
Premium/Discount to List
-$42,000
-17.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.00%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hayes Russell Brent $2,050,000 None Listed On Document
Hayes Russell Brent $2,050,000 None Listed On Document
Jordan James C $197,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Russell Brent $1,200,050
Closed Hayes Russell Brent $1,200,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $2,050,000 0.0% $656 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $2,050,000 +940.6% $656 / Sq Ft
06/30/2013 06/30/13 Sold $197,000 -17.6% --
06/20/2013 06/20/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $239,000 -- --
Source: Hive MLS

Tax History Compared to Growth

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 $7,556 $1,821,070 $800,000 $1,021,070
2024 $7,556 $1,821,070 $800,000 $1,021,070
2023 $7,246 $1,821,070 $800,000 $1,021,070
2022 $7,246 $1,277,290 $560,000 $717,290
2021 $7,156 $1,277,290 $560,000 $717,290
2020 $7,081 $1,277,290 $560,000 $717,290
2019 $7,081 $642,540 $560,000 $82,540
2018 $5,117 $436,580 $400,000 $36,580
2017 $2,222 $420,950 $400,000 $20,950
2016 $2,220 $420,950 $400,000 $20,950
2015 $1,170 $220,950 $200,000 $20,950
2014 $1,284 $263,944 $240,000 $23,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100436001

Hive MLS

APN: 235GA005