$2,079,000
SOLD NOV 15, 2022

2721 W Beach Dr Oak Island, NC 28465

10 Beds
7 Baths
3,756 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$554 Per Sq Ft

9% Below List Price

250 Days on Market

Highlights

  • Ocean Front
  • Above Ground Pool
  • Deck
  • Boat Dock
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom

About This Home

As of November 2022

Large Income Producing Property!!! $223,000 on the books for 2022 already and $211,529.00 in 2021. Located on the highly sought-after west end of Oak Island, this stunning 10BR/7BA oceanfront home offers the ultimate in luxury and spectacular water views. A brand new elevated in-deck swimming pool was installed in 2020 overlooking the ocean. This is an outstanding feature allowing the most enjoyment of the ocean views. Imagine yourself relaxing on one of the 3 ocean front decks as the ocean breeze whisks through your hair. The home also features an elevator that goes to all floors so you can say good-bye to carrying groceries up the stairs. You can enjoy the good life as you sit by the fireplace in the living room with open concept dining and kitchen for easy entertaining. Other notable features are Sonos surround sound speaker system, electric charging station for vehicles, granite countertops in the kitchen and baths, LVP and tile flooring throughout, custom tile showers and baths, wet bar area with mini refrigerator, many bedrooms with either ocean views or Intracoastal Waterway views, and the beach is only steps from your door. This gorgeous home would make a fantastic residence or second home, but also has an established rental history and could make a great rental investment property. Come and see all that is in store for you at 2721 W. Beach Drive and make that oceanfront living dream your new reality! New Appliances installed February 2022. New great room furniture arriving March 2022.

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 01/02/2022

Last Buyer's Agent

Lindsey Jenkins

Century 21 Collective License #300358

Century 21 Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 2013

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts a marsh
  • Ocean Front
  • Dunes

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,756 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Solid Surface Countertops
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • 7 Full Bathrooms
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 234oe01702

Community Details

Overview

  • No Home Owners Association
  • W. Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 2013

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: 2013
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Solid Surface, Elevator, Gas Logs, Furnished, Ceiling Fan(s), Ceiling - Trey
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 607.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 7
  • Total Bathrooms: 7.00
  • Bedrooms: 10
  • Number Rooms: 14
  • Sq Ft Heated: 3756.00
  • Total Heated Primary Separate Sq Ft: 3756.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: Above Ground, See Remarks
  • Porch Balcony Deck: Balcony, Open, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Sidewalk, Trail(s), Tennis Court(s), Picnic Area, Playground, Boat Dock

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 470.00
  • Lot Acres: 0.17
  • Lot Description: Dunes
  • Lot Dimensions: 50 x 150
  • Lot Number: 11
  • Lot Sq Ft: 7500.00
  • Lot Water Features: Ocean Side
  • Plat Book: 2.5
  • Plat Page: 260
  • Special Assessments: Possible Sand
  • Zoning: R
  • Lot View Type: Marsh View, Water View, Sound View, Ocean View

Rental Info

  • Rental Income Gross Rental Income: 211000.00

Tax Info

  • Tax Identifier: 234oe01702
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 3016.19
  • Total Real Estate Property Taxes: 4182.11

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2022
Closed on
Oct 27, 2022
Sold by
Shangrila At Oak Island Llc
Bought by
Nguyen Vu and Dotzman Gregory John
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$2,279,900
Sold Price
$2,079,000
Premium/Discount to List
-$200,900
-8.81%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$1,069,500
Outstanding Balance
$1,038,164
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$1,779,226

Purchase Details

Closed on
Dec 16, 2020
Sold by
Gandhi Kuntal and Gandhi Ruthi K
Bought by
Shangrila At Oak Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,047,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 17, 2019
Sold by
Bright Parsun Llc
Bought by
Gandhi Ruhi K and Joshi Shefali M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,079,000 --
Warranty Deed -- None Available
Warranty Deed $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,069,500 Balloon
Closed $1,069,500 Balloon
Previous Owner $1,047,000 Future Advance Clause Open End Mortgage
Previous Owner $937,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $2,950,000 +41.9% $776 / Sq Ft
11/15/2022 11/15/22 Sold $2,079,000 -8.8% $554 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $2,279,900 0.0% $607 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $2,279,900 -0.9% $607 / Sq Ft
02/11/2022 02/11/22 Price Changed $2,299,900 -4.2% $612 / Sq Ft
01/02/2022 01/02/22 For Sale $2,399,900 +860.0% $639 / Sq Ft
11/09/2012 11/09/12 Sold $250,000 -26.5% --
08/13/2012 08/13/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $340,000 -- --
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 -- $1,392,940 $575,000 $817,940
2024 $5,873 $1,392,940 $575,000 $817,940
2023 $4,887 $1,392,940 $575,000 $817,940
2022 $0 $835,400 $275,000 $560,400
2021 $0 $835,400 $275,000 $560,400
2020 $4,636 $835,400 $275,000 $560,400
2019 $4,777 $297,580 $275,000 $22,580
2018 $4,076 $297,700 $275,000 $22,700
2017 $3,958 $297,700 $275,000 $22,700
2016 $3,908 $297,700 $275,000 $22,700
2015 $3,908 $706,330 $275,000 $431,330
2014 $3,614 $707,549 $400,000 $307,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100306936

Hive MLS

APN: 234OE01702