Generating $112,000 in rental income in 2026, Wine & Roses presents an exceptional investment opportunity on Oak Island. Offered fully furnished with a golf cart, this 6-bedroom, 6-full-bath coastal retreat combines proven rental performance with the amenities and accommodations today's vacationers are seeking. Designed for entertaining and large-group stays, the home features three king primary suites, spacious gathering areas, and four decks ideal for enjoying the coastal breeze. Outdoor amenities include a private saltwater pool, hot tub, and outdoor shower, while the dedicated game room features foosball, shuffleboard, and additional games for hours of entertainment. The separate ground-floor apartment adds tremendous flexibility, featuring its own bedroom, full bathroom, second full kitchen, and steam room. This private living space is ideal for multiple families, larger groups, or extended stays, further enhancing the property's rental appeal. With $112,000 in 2026 rental income, Wine & Roses offers an impressive income-producing opportunity, with gross rental revenue equivalent to approximately 13.2% of its $850,000 asking price. Combined with its resort-style amenities and a short golf cart ride to the beach, this property delivers a compelling blend of established rental performance and coastal living on Oak Island.
For sale
$850,000
128 NW 10th Street, Oak Island, NC 28465
6beds
3,266sqft
Single Family Residence
Built in 2004
8,276 Square Feet Lot
$811,000 Zestimate®
$260/sqft
$-- HOA
What's special
Hot tubThree king primary suitesPrivate saltwater poolSpacious gathering areasOutdoor shower
- 12 days
- 393
- 43
Likely to sell faster than
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#: 100613132
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Rooms
- Room types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Living Room, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bathroom 5, Bathroom 6
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
- Laundry: Laundry Room
Features
- 2nd Kitchen, Ceiling Fan(s), Furnished
- Flooring: LVT/LVP, Tile, Wood
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 2,444
- Total interior livable area: 3,266 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: On Site
Features
- Levels: Three Or More
- Patio & porch: Deck
- Exterior features: Outdoor Shower, Outdoor Grill
- Pool features: In Ground, Pool/Spa Combo
- Fencing: Back Yard,Vinyl,Fenced
- View description: None
- Frontage type: See Remarks
Lot
- Size: 8,276 Square Feet
- Dimensions: 70 x 119 x 68 x 119
Details
- Additional structures: Storage
- Parcel number: 234fc03902
- 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: Architectural Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- 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: $260/sqft
- Tax assessed value: $655,440
- Annual tax amount: $2,604
- Date on market: 10/29/2026
- Cumulative days on market: 12 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$811,000
$770,000 - $852,000
$4,415/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $850,000+70%$260/sqft |
Source:  Hive MLS #100613132 Report a problem | ||
| 1/20/2017 | Listing removed | $500,000$153/sqft |
Source: Keller Williams - Wilmington #100038150 Report a problem | ||
| 12/7/2016 | Listed for sale | $500,000+11.1%$153/sqft |
Source: Keller Williams Realty #100038150 Report a problem | ||
| 11/2/2013 | Listing removed | $450,000$138/sqft |
Source: Owner Report a problem | ||
| 10/25/2013 | Listed for sale | $450,000+66.7%$138/sqft |
Source: Owner Report a problem | ||
| 4/8/2013 | Sold | $270,000-6.9%$83/sqft |
Source: Hive MLS #20670598 Report a problem | ||
| 2/15/2013 | Listed for sale | $289,900+38.7%$89/sqft |
Source: Coldwell Banker Sea Coast Realty #485655 Report a problem | ||
| 1/22/2013 | Sold | $209,000-35.7%$64/sqft |
Source: Public Record Report a problem | ||
| 1/16/2013 | Listed for sale | $324,900-27.8%$99/sqft |
Source: Coldwell Banker Sea Coast Realty #485655 Report a problem | ||
| 5/29/2012 | Listing removed | $450,000$138/sqft |
Source: Owner Report a problem | ||
| 12/10/2011 | Listed for sale | $450,000$138/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,604 -13.3% | $655,440 |
| 2024 | $3,004 +0.4% | $655,440 |
| 2023 | $2,993 +20.7% | $655,440 +69.2% |
| 2022 | $2,479 +2.8% | $387,480 |
| 2021 | $2,411 +2.1% | $387,480 |
| 2020 | $2,361 | $387,480 |
| 2019 | $2,361 +16.6% | $387,480 +445.7% |
| 2018 | $2,025 +6.1% | $71,000 |
| 2017 | $1,908 | $71,000 |
| 2016 | $1,908 | $71,000 -78.2% |
| 2015 | $1,908 +22.4% | $325,370 +15.5% |
| 2014 | $1,559 | $281,604 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
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.Climate risks
Neighborhood: 28465
Nearby schools
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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