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504 Periwinkle Way, Oak Island, NC, 28465

5beds
3baths
2,300sqft
$675,000
$293price/sqft
$4,085/moest. monthly cost
$163,400/yrincome needed

About This Home

PRICE REDUCED!! Discover this beautifully updated, brick traditional two-story home in ''The Arboretum'' neighborhood of Caswell Beach. This spacious 5-bedroom (all upstairs) residence has been meticulously updated over the past several years, featuring newer paint, hardwood flooring, updated lighting, a heat pump, new ductwork, two A/C units, an encapsulated crawl space, a newer water heater and more. Located in The Arboretum community in Caswell Beach, the property is situated next to the Oak Island Golf Course and is just minutes from Oak Island Beach. This HOA offers: indoor pool, tennis, pickle ball, & clubhouse. Enjoy convenient access to Oak Island Drive for all your shopping and dining needs. Smoke & Pet free home. Schedule a showing to see the quality and location this home offers.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
Southport ElementaryGrades K-52.2 mi
3/10
South Brunswick MiddleGrades 6-87.1 mi
4/10
South Brunswick HighGrades 9-127.2 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Cedar,Brick,Wood Siding,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Washer,Refrigerator,Dryer,Dishwasher
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: First

Dining Room

  • Level: First

Features

  • Walk-in Closet(s),Tray Ceiling(s),Mud Room,Bookcases,Ceiling Fan(s),Pantry,Walk-in Shower,Blinds/Shades,Gas Log,Walk-In Closet(s)
  • Door features: Storm Door(s)
  • Flooring: Carpet,Tile,Vinyl,Wood
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Sunroom

  • Level: First

Property

Details

  • Parcel number: 251aa083
  • Zoning: CB-R20-SF
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground,See Remarks
  • Patio & porch: Enclosed,Porch
  • Exterior features: Shutters - Functional,Irrigation System,Storm Doors
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 2200 - 2399

Lot

  • Lot size: 0.37 Acres
  • Features: Cul-De-Sac
  • Lot size dimensions: 158 x 167 x 65 x 189

Parking

  • Total spaces: 2
  • Parking features: On Site,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $3,413$40,956
Home Insurance *$126$1,512
Property Taxes $332$3,984
Electricity $214$2,570
Total$4,085$49,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,057/yr
40% on housing$122,550/yr
45% on housing$108,933/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

$293This 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
2026-04-30Price change$649,900
2026-03-26Price change$669,900
2026-01-21Price change$698,500
2026-01-09Price change$714,900
2025-12-18Price change$724,000
2025-11-25Listed for sale$749,900
2020-10-02Sold$362,000
2019-09-23Listing removed$365,000
2019-03-25Listed for sale$365,000
2018-09-21Listing removed$344,900
2018-09-04Price change$344,900
2018-07-20Listed for sale$349,900
2018-06-01Listing removed$349,900
2017-12-07Listed for sale$349,900
2017-09-20Listing removed$349,900
2017-05-17Listed for sale$349,900
2014-07-18Listing removed$360,000
2014-01-16Price change$360,000
2013-07-10Price change$380,000
2012-08-12Listed for sale$392,500
2012-06-10Listing removed$439,000
2011-10-15Price change$439,000
2011-06-10Listed for sale$449,000

For Sale by Agent

AgentCreekmore Realty Group
BrokerageeXp Realty

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