5518 E Beach Dr Oak Island, NC 28465
Estimated payment $6,082/month
Total Views
7,256
5
Beds
2.5
Baths
1,756
Sq Ft
$598
Price per Sq Ft
Highlights
- Ocean View
- Deck
- Furnished
- Ocean Side of Freeway
- Vaulted Ceiling
- No HOA
About This Home
This beautiful 2nd row home with ocean views is the perfect oasis to call yours! You will be able to experience the most amazing sunrises and sunsets over the ocean and enjoy beach life. The first floor of this home features the main living, dining and kitchen area and 2 bedrooms. The spacious kitchen offers lots of cabinet space, can accommodate a large dining table, and features a breakfast bar. The vaulted ceiling in the living area gives you a very spacious feel. The 2nd floor offers the 3 remaining bedrooms, one featuring a private balcony with ocean views. With a public beach access just across the street, beach life will be easy-going. The home is also ideally located in the heart of Oak Island, so you will have easy access to all you could need or want from necessities to fun! Grab the leash and walk your dog to Dairy Queen! You can even leave the car and walk over to Food Lion and fun bars and restaurants. This is a great home to have as a rental investment property or could also make a wonderful primary residence or second home for you to make memories in for years to come. Come and see what this island oasis has instore and make it yours today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,146
Year Built
- Built in 1987
Lot Details
- 7,492 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Open Lot
- Property is zoned Ok-R-7
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,756 Sq Ft Home
- 2-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Ocean Views
- Attic Access Panel
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- Lighted Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Ocean Side of Freeway
- Balcony
- Deck
- Covered patio or porch
Schools
- Southport Elementary School
- South Brunswick Middle School
- South Brunswick High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 250ae028
Community Details
Overview
- No Home Owners Association
- E. Long Beach Subdivision
Amenities
- Picnic Area
Recreation
- Tennis Courts
- Pickleball Courts
- Community Playground
- Park
- Dog Park
- Trails
Map
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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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,146 | $771,220 | $445,000 | $326,220 |
| 2023 | $2,685 | $771,220 | $445,000 | $326,220 |
| 2022 | $2,630 | $466,280 | $225,000 | $241,280 |
| 2021 | $2,661 | $466,280 | $225,000 | $241,280 |
| 2020 | $2,630 | $466,280 | $225,000 | $241,280 |
| 2019 | $2,636 | $225,000 | $225,000 | $0 |
| 2018 | $1,802 | $319,350 | $170,000 | $149,350 |
| 2017 | $1,827 | $170,000 | $170,000 | $0 |
| 2016 | $1,805 | $170,000 | $170,000 | $0 |
| 2015 | $1,807 | $319,350 | $170,000 | $149,350 |
| 2014 | $1,473 | $284,560 | $170,000 | $114,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Price Changed | $1,049,900 | -10.6% | $598 / Sq Ft |
| 03/21/2025 03/21/25 | Price Changed | $1,174,900 | -2.1% | $669 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $1,199,900 | +163.8% | $683 / Sq Ft |
| 01/12/2018 01/12/18 | Sold | $454,800 | -9.0% | $259 / Sq Ft |
| 11/30/2017 11/30/17 | Pending | -- | -- | -- |
| 03/12/2017 03/12/17 | For Sale | $499,987 | -- | $285 / Sq Ft |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $455,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $363,840 | New Conventional | |
| Previous Owner | $1,500,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $2,000,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Oak Island, NC
Source: Hive MLS
MLS Number: 100483602
APN: 250AE028
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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