3701 E Oak Island Dr, Oak Island, NC 28465

$530,000
3
BD
2
BA
1,396
SqFt

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List Price
$530,000
Status
ACTIVE UNDER CONTRACT
Days on Market
19
MLS#
100595942
Subtype
Residential
Year Built
1960
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,396
Lot Size
16,640
Acres
0.38
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property Description

Opportunity and potential come together at this Oak Island property situated on a double lot on the southeast side of E Oak Island Drive. Just a few blocks from the beach access at SE 40th Street, this 3-bedroom, 2-full-bath home offers an appealing location and plenty of possibilities for a buyer with vision. Inside, the home features a spacious living room, kitchen, dining room, two bedrooms, two full baths, and a bright sunroom. The primary bedroom adds character with its vaulted wood ceiling and exposed beams. The home is ready for updating and some care and love, giving a new owner the opportunity to renovate and personalize it to suit their needs. Outside, mature trees provide a shaded coastal setting with a large patio and deck for relaxing and entertaining. A parking pad and driveway, conveniently accessed from SE 37th Street rather than E Oak Island Drive, provide easy off-street parking. Storage is another bonus, with an approximately 158-square-foot enclosed storage area attached to the home as well as a separate approximately 338-square-foot shed. For investors, the .38-acre double-lot configuration adds another interesting dimension. Subject to applicable zoning, subdivision requirements, and approvals, there may be potential to remove the existing home and subdivide the property into two approximately .19-acre buildable lots, creating an entirely different investment opportunity. Whether the goal is to renovate the existing home for a primary residence, second home, vacation property or investment, or explore the longer-term possibilities of the double lot, 3701 E Oak Island Drive offers location, land and potential just a few blocks from the beach.

Additional Information

Interior Features
Walk-In Shower, Drapes/Blinds
Zoning
Ok-R-6
Flooring
Carpet, Laminate
Appliances
Built-In Microwave, Refrigerator, Dishwasher, Electric Range
Heating
Heat Pump, Electric, Forced Air
Air Conditioning
Central Air, Heat Pump
Levels
One
Roof
Shingle
Foundation
Crawl Space
Parking Features
Paved
School District
Brunswick County Schools
Elementary School
Southport
Middle School
South Brunswick
High School
South Brunswick
View
Other

Courtesy of Coldwell Banker Sea Coast Advantage

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Calculator source: Real Geeks