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For sale
  • Price cut: $25K (6/24)
    $1,400,000

    103 E Island Drive, Oak Island, NC 28465

    3beds
    2,356sqft
    : 
    $7,896/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    9,278 Square Feet Lot
    $1,338,500 Zestimate®
    $594/sqft
    $-- HOA

    What's special

    Waterfront propertyPrivate dockRecessed lightingCherry hardwood floorsSpa-inspired bathWraparound waterfront deckOversized south-facing lot
    Rarely does a waterfront property of this caliber become available on Oak Island. Nestled in one of the island's most secluded and sought-after neighborhoods, this fully renovated home sits on an oversized south-facing lot just a 10-minute golf cart ride to the beach. Enjoy panoramic 180-degree views of the Davis Canal and Montgomery Slough, with breathtaking sunrise and sunset views. Boaters will love the private dock, 10,000-pound boat lift, boathouse, bulkhead, and quick access to the Intracoastal Waterway. This turnkey 3-bedroom, 3-bath home features cherry hardwood floors, plantation shutters, recessed lighting, a gourmet kitchen with dolomite countertops and gas cooktop, and a spacious living area with a wood-burning fireplace. Every bedroom offers water views, including the luxurious primary suite with dual walk-in closets, spa-inspired bath, and private deck access. Additional features include a wraparound waterfront deck, fortified metal roof, two Trane coastal HVAC systems (2023), and a 3-bay garage with dedicated golf cart storage. An exceptional opportunity to own one of Oak Island's premier waterfront homes, offering luxury, privacy, and the very best of coastal living.
    127 days
    |
    1,458
    |
    75
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Donatelli Group 910-380-2197,

    Coldwell Banker Sea Coast Advantage,

    Gianni D Donatelli 910-380-2197,

    Coldwell Banker Sea Coast Advantage

    Source: Hive MLS,MLS#: 100564811MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Master Bedroom, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Living Room
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Gas Cooktop, Built-In Microwave, Washer, Dryer, Disposal, Dishwasher
      • Laundry: Laundry Room
      Features
      • Walk-in Closet(s), Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
      • Flooring: Tile, Wood
      Interior area
      • Total structure area: 2,356
      • Total interior livable area: 2,356 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Workshop in Garage, Garage Faces Front, Garage, Golf Cart Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Covered, Deck, Balcony
      • Fencing: None
      • Has view: Yes
      • View description: Canal, Marsh, Water
      • Has water view: Yes
      • Water view: Canal,Marsh,Water
      • Waterfront features: Boat Lift, Bulkhead, Canal Front
      • Frontage type: Canal Front
      Lot
      • Size: 9,278 Square Feet
      • Dimensions: 62 x 152 x 62 x 150
      • Features: Boat Lift, Bulkhead, Navigable Water
      Details
      • Parcel number: 234jf027
      • Zoning: Ok-R-6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Other, Pilings
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Oak Island

      Financial & listing details

      • Price per square foot: $594/sqft
      • Tax assessed value: $699,780
      • Annual tax amount: $2,673
      • Date on market: 4/3/2026
      • Cumulative days on market: 127 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,338,500

        $1.27M - $1.41M

        $2,543/mo

        Price history

        DateEventPrice
        6/24/2026Price change$1,400,000-1.8%$594/sqft
        Source: Hive MLS #100564811 Report a problem
        4/24/2026Price change$1,425,000-1.7%$605/sqft
        Source: Hive MLS #100564811 Report a problem
        4/3/2026Listed for sale$1,450,000+70.8%$615/sqft
        Source: Hive MLS #100564811 Report a problem
        5/9/2008Listing removed$848,750$360/sqft
        Source: Coldwell Banker** Report a problem
        4/12/2008Listed for sale$848,750$360/sqft
        Source: Coldwell Banker** Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,673 -13%$699,780
        2024$3,073 $699,780
        2023$3,073 +1.5%$699,780 +37.7%
        2022$3,029 +4.2%$508,290 +2.3%
        2021$2,907 +1.7%$496,660
        2020$2,857 $496,660
        2019$2,857 $496,660 +206.4%
        2018-- $162,070
        2017$2,271 $162,070
        2016$2,271 $162,070 -58.3%
        2015$2,271 +9.9%$388,900 +0.5%
        2014$2,067 $386,845
        2013-- --
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        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28465

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southport
        • Middle: South Brunswick
        • High: South Brunswick

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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