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2507 E Oak Island Drive

Oak Island, NC

Price $699,900
SQ. FT. 2,084
Bed 5
Bath 3
Garage 1
Stories 2

Status: Active

MLS#: 100539108

Description

Welcome to your island escape--where salty breezes, sun-soaked days, and effortless coastal living await. This beautifully renovated 5-bedroom, 3-bath piling home sits high and dry outside the flood zone, offering peace of mind and the perfect blend of comfort, flexibility, and beachside charm. This home would make a great second home but there is a great investment opportunity here as well. Conservative rental analytics show a rental income potential of over $50,000 per year at 60-70 percent capacity. The main living level features an airy, open-concept layout with three generous bedrooms and two full baths. The refreshed coastal kitchen shines with brand-new granite countertops, updated cabinetry, and durable luxury vinyl plank flooring--perfect for sandy feet and easy living. The living and dining spaces flow seamlessly, making it ideal for relaxed gatherings after a day at the beach. Step outside to the expansive wrap-around porch and soak in ocean breezes and island vibes from every angle. Downstairs, you'll find a private two-bedroom apartment complete with a living area, kitchenette, and full bath. With access from both inside and exterior entrances, this flexible space is perfect for guests, extended family, or income-producing short- or long-term rentals. Seller just installed new LVP flooring on the first floor level. Coastal perks include: • No HOA--ultimate freedom for rentals or personal use * New LVP flooring on the first and second floor * Spacious driveway and side parking for cars, boats, or golf carts • One-car garage plus additional flex space for beach gear, storage, or a workshop • Wrap-around porch ideal for outdoor lounging and entertaining Just a short stroll to the beach, Middleton Park, local dining, and island shops, this home places you in the heart of coastal fun. Enjoy quick access to charming Southport and an easy drive to Wilmington--all while tucked into a peaceful island neighborhood.

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