5403 W Beach Drive, Oak Island, NC 28465

$940,000
5
BD
4
BA
2,458
SqFt
Sold Price
$940,000
List Price
$949,900
Closing Date
Oct 30, 2020
MLS#
100227216
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
5
Bathrooms
4
Full-baths
4
Living Area
2,458
Lot Size
7,405
Neighborhood
Long Beach

Property Description

This oceanfront home is located on the highly desired far West End on the island, with a higher island elevation which eliminates property and road flooding during rain events. This home is currently undergoing a renovation to add two bedrooms and one bathroom that will make this a stunning 2,458 sf five bedroom, four bathroom gem. The combination of this home's inverted, open concept floor plan and stainless steel cable rails allows for breathtaking views of the ocean and seashore. Two covered oceanfront porches and a private walkway make for ultimate year-round beach enjoyment. Home boasts a 5 Star Energy Certificate and was engineered/constructed to the highest standards for oceanfront building. No need to worry about the necessity to board this home for storm preparations, as all windows and doors are impact resistant. Magnificent Cali bamboo wood flooring and ceramic tile throughout. While this home has never been on the rental market, Oak Island Accommodations completed an assessment that projects gross annual rental income of $98,625 once the renovation is complete! Additional features: central vac, outdoor storage, composite decking on porches and stairs, hardie board siding, large walk-in pantry, Nest thermostats. Don't miss out on this amazing opportunity because this jewel is priced to sell and won't be on the market long.

Additional Information

Acres
0.17
Appliances
Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Gas
Elementary School
Southport
Exterior Features
DP50 Windows, Thermal Windows, Ocean Side, Deck
Exterior Finish
Fiber Cement
Fencing
None
Heating
Heat Pump
High School
South Brunswick
Interior Features
1st Floor Master, 9Ft+ Ceilings
Living Area
2,458
Lot Size
7,405
Middle School
South Brunswick
Stories
2
Subdivision
Long Beach
Water Heater
Electric
Year Built
2014
Master Bedroom Level
Non Primary Living Area

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Sea Coast Advantage. Contact:

Selling Office: Better Beach Sales & Rentals, Inc..

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