Price Reduced Listing
$649,900
 $3,390 est/mo Sourced by Back At You

238 NE 35th Street,Oak Island, NC 28465

Oak Island, NC 28465

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Description

PRICE REDUCTION. This home is now priced at $649900! Rare find on Oak Island. Three bedrooms and two baths upstairs, two bedrooms and a bathroom downstairs. The downstairs living area is only accessible from the ground level and is not counted in the listed square footage of 1282, but it is the same square footage. The total is 2564 square feet of conditioned space. Enjoy living in the freshly painted upper floor, and have family and guests on the lower level, rent out the lower level, or rent out both levels with all five bedrooms. The lower level has a rental history and can generate over $20k a year in longer term rentals, and possibly a lot more from short term rentals. Home has a new roof, and new lower level HVAC system. No carpet in the house! It is all tile, and wood upstairs. LVP flooring on the ground level. All bedrooms upstairs have ceiling fans. Stainless steel appliances, and granite counters in kitchen, plus a pantry. Vaulted ceilings, primary suite has its own bathroom. Two other large bedrooms share a second bathroom. Great room, dining area and laundry closet on the main level. Large screened in covered wrap around deck. Downstairs is ready to rent, fully furnished, and has a large great room, dining area, and kitchenette. Downstairs could be handicap accessible. Down stairs has two bedrooms, plus a flex room that can sleep two people, great room, dining area, full bath, laundry room, and has its own HVAC system. Lower level also has an unconditioned storage room. The driveway, and gravel area could accommodate an RV, boat, or multiple vehicles. Large shed for storage in the back yard.Enjoy life on Oak Island while getting sizable rental income. 35th Street is a great location on the island. Flood zone X so no flood insurance is required.

Details

MLS #100591496
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2004
Days On Site45
Listing Provided ByRE/MAX Southern Coast | John S Dorazio

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,564
Story(s)2
ZoningOk-R-6
Acreage0.15
Golf CourseYes
Property ViewSee Remarks

Interior

Interior FeaturesVaulted Ceiling(s), Solid Surface, 2nd Kitchen, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Ceiling Fan(s), Heat Pump, Multi Units
Fireplace Yes / NoNo
Laundry FeaturesLaundry Room
FurnishedPartially
Rooms Total12

Exterior

Exterior FeaturesOutdoor Shower, Storm Doors
RoofArchitectural Shingle
Foundation DetailsSlab
ViewSee Remarks
Construction MaterialsVinyl Siding, Wood Frame
Security FeaturesSmoke Detector(s)

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesAdditional Parking, Gravel, Concrete

Utilities

UtilitiesCable Available, Sewer Connected, Underground Utilities, Water Connected

Taxes

Tax Assessed Value685970
Tax Book Number5
Tax Legal DescriptionL-24 B-123 S-8 .16AC TH PL 5/93
Tax Year2025

Area Information

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
Community NameTranquil Harbor
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in Tranquil Harbor)
Price:
$649,900
low | high
Med:
$625,000
53.831358670565% of Average
sqft:
2,564
low | high
Med:
1,569
88.80655226209% of Average
$ / sqft:
$253
low | high
Med:
$398
7.155128342047% of Average
On site:
45
low | high
Med:
118
38.135593220339% of Average
Sourced by Back At You

Market Activity 28465

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Learn More About This Property

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
Community NameTranquil Harbor
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in Tranquil Harbor)
Price:
$649,900
low | high
Med:
$625,000
53.831358670565% of Average
sqft:
2,564
low | high
Med:
1,569
88.80655226209% of Average
$ / sqft:
$253
low | high
Med:
$398
7.155128342047% of Average
On site:
45
low | high
Med:
118
38.135593220339% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
sqft: 1,500 - 3,000
Listing Updated: September 6, 2026 at 2:29:32 PM PDT