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2602 E Oak Island Drive, Oak Island, NC, 28465

4beds
4baths
2,538sqft
$799,000
$315price/sqft
$4,670/moest. monthly cost
$186,800/yrincome needed

About This Home

You guys, let's talk about the elephant on the island first: this home sits on East Oak Island Drive, one of Oak Island's main routes. Yes, there is traffic out front. But before you scroll past it, this corner-lot setup has a little secret weapon: a circular drive that lets you pull in from either East Oak Island Drive or NE 26th Street and leave facing forward. No awkward backing out onto the main road, no driveway gymnastics. Just easy in, easy out, plus plenty of parking for guests, beach gear, a boat, RV, trailer, or that golf cart you are absolutely going to want. And once you step inside? The road feels a whole lot farther away. The home is quiet inside, and the covered back deck, grilling area, patio, fenced yard, and outdoor shower create a private little retreat out back. This bright, beautifully flexible 4-bedroom, 3.5-bath home is ready to work for the way you want to use it. Need a beach escape? Done. Want a second home that can help offset ownership costs with rental income? Also done. Looking for a roomy primary residence with space for guests, an adult child, aging parent, for multigenerational living? This one has layers. And here is one of the big Oak Island features buyers are always asking about: the home is already set up with an elevator shaft currently being used as owner storage. The electrical is in place, so there is a clear path to adding an elevator in the future, with installation estimated around $20,000. That is a huge plus for a home on pilings and makes this property even more flexible for long-term use. Want to explore it further? I am happy to connect you with an elevator company, help get quotes, and take some of that ''okay, but what would that really cost?'' homework off your plate. This home has been primarily enjoyed by family and friends over the years, but it is now professionally managed and booked through much of the summer, proving it can absolutely perform as a vacation rental when you are not using it. Think of it as your beach getaway that can also help carry its weight. Use it when you want, rent it during prime weeks when you are not here, and let those bookings help offset the mortgage and ownership costs. Upstairs, the open living, dining, and kitchen space is light, spacious, and made for gathering. The kitchen brings the counter space, island seating, and room for a crowd, while the dining area can easily accommodate a larger table for those ''everyone is coming over'' beach weekends. The primary suite offers generous space, a walk-in tile shower, and room for a king-size bed. A second bedroom, third bedroom, and Jack-and-Jill bath keep the upstairs layout easy and functional for family or guests. Downstairs adds a whole second living experience with its own living area, game or dining space, spacious bedroom, full bath, laundry room, and excellent storage. It is ideal for guests who want their own hangout zone, or it could work beautifully for multigenerational living. There is even potential to explore adding a kitchenette downstairs for an even more independent setup. The long tandem garage is another standout. Park a large vehicle, small boat, trailer, and golf cart, use it for beach toys and storage, or keep the current game-room vibe going. There is room to make this space fit your lifestyle, whether that means trucks, golf carts, paddleboards, bikes, a pool table, or all of the above. Outside, the fenced backyard is wonderfully low-maintenance and gives you room to dream a little. It can accommodate a great hot tub or swim spa, and there may also be room to explore a smaller pool option depending on the design and placement. I can help with that legwork too, whether that means connecting you with pool or spa companies, getting ideas on placement, or gathering quotes so you can make decisions with real numbers instead of guessing. Easy peezy. Not on a direct beach-access street? No problem. You can be at the beach in just a few minutes via Yacht Drive by gol the home gives you a great place to store it when you are back. You are also close to the Intracoastal Waterway, Veterans Park, and the public boat ramp at NE 55th Street, making this a fantastic option for boaters and coastal adventurers. The furniture comes with, creating an easy turnkey opportunity, and additional accessories or furnishing options may be negotiable for buyers who want the home ready to enjoy from day one. Bring your own style, keep the current setup, or let's talk about creating the beach home that fits your vision. This is not a cookie-cutter beach house. It is colorful, flexible, rental-ready, full of storage, and designed for real-life coastal living. Come see why this East Oak Island Drive corner might just be the best surprise on your home tour.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Southport ElementaryGrades K-55.9 mi
4/10
South Brunswick MiddleGrades 6-87.8 mi
4/10
South Brunswick HighGrades 9-128.2 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Other,Slab,Pilings
  • Roof: Metal
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Mini Refrigerator,Built-In Microwave,Washer,Refrigerator,Dryer,Dishwasher,Electric Range
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Ground

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Breakfast Nook

  • Level: Ground

Dining Room

  • Level: Main

Family Room

  • Level: Ground

Features

  • Walk-in Closet(s),High Ceilings,Kitchen Island,Ceiling Fan(s),Furnished,Reverse Floor Plan,Walk-in Shower,Blinds/Shades,Walk-In Closet(s)
  • Flooring: LVT/LVP,Tile
  • Attic: Access Only

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,538
  • Total interior livable area: 2,538 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Ground

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 235jk001
  • Zoning: OK-R-6
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered,Deck,Patio,Porch,Front Porch,Rear Porch
  • Exterior features: Outdoor Shower
  • Fencing: Back Yard,Wood
  • Has view: Yes
  • View description: None
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 2400 - 2599

Lot

  • Lot size: 7,405 sqft
  • Features: Corner Lot
  • Lot size dimensions: 60 x 111.5 x 60 x 110

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters in Brunswick County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$149$1,788
Property Taxes $245$2,940
Electricity $236$2,836
Total$4,670$56,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,114/yr
40% on housing$140,100/yr
45% on housing$124,533/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 28465$404
Brunswick County$271

vs Homes Sold Last Month

Median $/sqft

ZIP 28465$442
Brunswick County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-03Listed for sale$799,000
2020-08-14Sold$380,000
2020-06-24Pending sale$389,000
2020-05-13Price change$389,000
2020-02-12Listed for sale$399,000
2020-01-14Pending sale$399,000
2019-09-12Listed for sale$399,000
2017-08-25Sold$325,000

For Sale by Agent

AgentJessica M Wainwright
BrokerageLive Love Brunswick

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