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Under contract
    • $975,000

    118 SE 40th Street, Oak Island, NC 28465

    3beds
    1,721sqft
    Single Family Residence
    Built in 2022
    6,665 Square Feet Lot
    $966,600 Zestimate®
    $567/sqft
    $-- HOA

    What's special

    Luxury finishesCanal view retreatCrisp vinyl railingsDurable fiber cement sidingLow maintenance deckingExpansive ground level garage
    Sunlight dances across Davis Canal as this better than new beach home with an ELEVATOR in PRIME ISLAND LOCATION rises just steps from SE 40th Street's sand and surf, inviting you into a serene coastal retreat where every day feels like a luxury getaway. This custom plan was built in 2022, this home feels substantial and refined, wrapped in durable fiber cement siding with crisp vinyl railings and low maintenance decking that still look and feel like new thanks to gentle use and attentive care. The expansive ground level garage sets the stage for an elevated coastal lifestyle, with abundant room for a boat, multiple vehicles, golf cart, beach gear, and a dedicated workshop space so every aspect of island living has its place. From the garage, the elevator whisks you to the main living level where an open, light filled floor plan unfolds and windows frame tranquil canal views. The living and dining areas flow together with the kitchen at the center, creating a relaxed yet sophisticated space that keeps everyone connected, whether you are hosting friends for a weekend at the beach or savoring a quiet evening at home. Doors open onto generous covered porches stretching across the front and rear of the home, becoming true outdoor rooms where you can dine, lounge, and breathe in the salt air while listening to the distant rhythm of the waves. Thoughtfully separated bedrooms provide peaceful retreats for family and guests, with a primary suite that feels like a private sanctuary and guest rooms that are equally inviting after long days on the sand. Gently lived in and never rented, this furnished home is ready for you to step straight into the Oak Island lifestyle. Whether as a refined primary residence, a cherished second home, or a high end rental with strong income potential, this canal view retreat at 118 SE 40th Street blends luxury finishes, thoughtful design, and rare short stroll to the beach convenience.
    28 days
    |
    559
    |
    35
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey M Jenkins 910-368-9626,

    Century 21 Collective

    Source: Hive MLS,MLS#: 100586514MLS LogoOriginating MLS: Brunswick County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Dining Room, Master Bedroom, Bedroom 1, Bedroom 2
      Primary bedroom
      • Description: See Floor Plan
      • Level: First
      Bedroom 1
      • Description: See Floor Plan
      • Level: First
      Bedroom 2
      • Description: See Floor Plan
      • Level: First
      Dining room
      • Description: See Floor Plan
      • Level: First
      Kitchen
      • Description: See Floor Plan
      • Level: First
      Living room
      • Description: See Floor Plan
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • High Ceilings, Solid Surface, Kitchen Island, Elevator, Ceiling Fan(s), Furnished
      • Flooring: LVT/LVP, Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 1,721
      • Total interior livable area: 1,721 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Workshop in Garage, Garage Faces Front, Additional Parking, Concrete, Off Street, On Site, Paved, Enclosed, Garage, Storage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: One
      • Patio & porch: Covered, Deck, Front Porch, Rear Porch, Side Porch
      • Exterior features: Outdoor Shower
      • Fencing: None
      • Has view: Yes
      • View description: Canal, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Size: 6,665 Square Feet
      • Dimensions: 61 x 110 x 60 x 111
      • Features: Ocean Side
      Details
      • Additional structures: Shower
      • Parcel number: 235mg053
      • Zoning: Ok-R-6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Other, Pilings
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Security System, Security System Leased
      • Subdivision: Long Beach
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Oak Island

      Financial & listing details

      • Price per square foot: $567/sqft
      • Tax assessed value: $858,110
      • Annual tax amount: $5,595
      • Date on market: 7/4/2026
      • Cumulative days on market: 29 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $966,600

        $918,000 - $1.01M

        $2,637/mo

        Price history

        DateEventPrice
        7/9/2026Contingent$975,000$567/sqft
        Source: Hive MLS #100586514 Report a problem
        7/4/2026Listed for sale$975,000+413.2%$567/sqft
        Source: Hive MLS #100586514 Report a problem
        8/20/2021Sold$190,000-5%$110/sqft
        Source: Hive MLS #100250832 Report a problem
        7/28/2021Pending sale$199,900$116/sqft
        Source: RE/MAX International #100250832 Report a problem
        6/3/2021Price change$199,900-2.4%$116/sqft
        Source: RE/MAX International #100250832 Report a problem
        4/22/2021Price change$204,900-2.4%$119/sqft
        Source: RE/MAX International #100250832 Report a problem
        1/4/2021Listed for sale$209,900+55.5%$122/sqft
        Source: Hive MLS #100250832 Report a problem
        11/18/2019Sold$135,000-9.9%$78/sqft
        Source: Hive MLS #100156937 Report a problem
        10/11/2019Pending sale$149,900$87/sqft
        Source: Better Beach Sales & Rentals, Inc. #100156937 Report a problem
        3/27/2019Listed for sale$149,900+102.6%$87/sqft
        Source: Better Beach Sales & Rentals, Inc. #100156937 Report a problem
        7/1/2014Sold$74,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,278 -5.8%$858,110
        2024$3,478 +2.7%$858,110 +2.9%
        2023$3,386 +629.7%$833,990 +881.2%
        2022$464 +0.6%$85,000
        2021$461 +0.5%$85,000
        2020$459 $85,000
        2019$459 +29.7%$85,000 +30.8%
        2018$354 +0.7%$65,000
        2017$351 $65,000
        2016$351 $65,000
        2015$351 $65,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        35 / 100
        Car-Dependent
        34 / 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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