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923 E Beach Drive, Oak Island, NC, 28465

11beds
9baths
3,764sqft
$3,249,999
$863price/sqft
$18,399/moest. monthly cost
$735,960/yrincome needed

About This Home

This exquisite home offers oceanfront luxury that cannot be beat. And if income if your desire, this home is projected to do 300K each year, or more. Designed for unforgettable gatherings and effortless beachfront living, this beautifully appointed home features a custom designed interior with LVP flooring, quartz countertops, and a gourmet kitchen equipped with stainless-steel appliances, including some double appliances. Expansive decks on all three levels offer breathtaking ocean views, while the elevated in-deck saltwater pool with pool heating provides the perfect place to relax. Luxury, comfort and convenience are center stage. The home includes an elevator to all floors, two living areas (one with a kitchenette featuring a full-size refrigerator and microwave), electric fireplace, electric vehicle charging station, enclosed hot/cold outdoor shower, and ample private parking. This property is ideal as a primary residence, second home, or high-performing vacation rental. Located within walking distance of Ocean Crest Pier and Island Way Restaurant and just minutes from shopping, golf, parks, the Oak Island Lighthouse, historic Southport, and ferry access to Bald Head Island, this exceptional oceanfront property offers the perfect combination of luxury, location, and lifestyle. This is truely one of the very few oceanfront homes on Oak Island with this type of luxury and income. Don't miss out!!!!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
Southport ElementaryGrades K-56.9 mi
4/10
South Brunswick MiddleGrades 6-88.8 mi
4/10
South Brunswick HighGrades 9-129.2 mi

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Other,Pilings
  • Roof: Architectural Shingle
  • Construction materials: Fiber Cement,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: See Remarks,Washer,Refrigerator,Double Oven,Disposal,Electric Range
  • Laundry features: In Hall,Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 9
  • Full bathrooms: 8
  • 1/2 bathrooms: 1

Features

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

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 3,764
  • Total interior livable area: 3,764 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 235pe003
  • Zoning: Ok-R-7
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Pool features: Above Ground,See Remarks
  • Patio & porch: Covered,Deck
  • Exterior features: Outdoor Shower
  • Fencing: None
  • Has view: Yes
  • View description: Ocean,Water
  • Has water view: Yes
  • Water view: Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Front
  • Frontage type: Oceanfront
  • Living area range: 3500 - 3999

Lot

  • Lot size: 7,405 sqft
  • Features: Dunes,Ocean Side
  • Lot size dimensions: 50 x 150

Parking

  • Parking features: Off Street,On Site,Underhouse

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
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 $16,433$197,196
Home Insurance *$607$7,284
Property Taxes $1,009$12,108
Electricity $350$4,206
Total$18,399$220,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$630,822/yr
40% on housing$551,970/yr
45% on housing$490,640/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

$863This listing

vs Other Active Listings

Avg $/sqft

ZIP 28465$394
Brunswick County$270

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
2026-07-23Listed for sale$3,249,999
2024-06-21Sold$850,000
2024-05-24Contingent$860,000
2024-05-24Pending sale$860,000
2024-05-20Price change$860,000
2024-04-21Pending sale$899,999
2024-04-18Listed for sale$899,999
2024-04-18Pending sale$899,999
2024-03-25Price change$899,999
2024-03-21Price change$915,000
2023-11-04Listed for sale$920,000
2023-10-24Listing removed--
2023-10-06Price change$920,000
2023-09-13Price change$924,998
2023-09-01Price change$924,999
2023-08-09Price change$949,000
2023-07-01Listed for sale$949,900
2022-08-26Sold$600,000
2022-08-01Pending sale$689,900
2022-06-01Listed for sale$689,900
2022-05-28Pending sale$689,900
2022-05-27Price change$689,900
2022-05-11Price change$793,000
2022-04-01Listed for sale$889,900

For Sale by Agent

AgentJohn G Hamilton
BrokerageBetter Beach Sales & Rentals, Inc.

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