Prime redevelopment opportunity in the ''sweet spot'' of Oak Island! This rare property includes two lots with an older main home and a separate cottage currently used as a rental. Builders and investors will immediately recognize the potential to renovate, redevelop, or create new construction in one of the island's most desirable locations. The double-lot configuration offers flexibility for future plans while the existing structures provide possible holding income during planning or construction. Located just minutes from beach access, dining, and island attractions, this is exactly the kind of property builders are searching for but rarely find. Don't miss your chance to secure a high-potential homesite in the heart of Oak Island.
For sale
Price cut: $30K (7/13)
$569,000
304 NE 50th Street, Oak Island, NC 28465
3beds
1,008sqft
:
Get pre-qualified$3,358/mo
Single Family Residence
Built in 1978
0.3 Acres Lot
$551,500 Zestimate®
$564/sqft
$-- HOA
What's special
- 145 days |
- 444 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Debi L Dolan-Prince 910-713-2105,
Coastal Lights Realty,
Craig Widner 910-448-3448,
Coastal Lights Realty
Source: Hive MLS,MLS#: 100558403
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 1, Bedroom 2, Bedroom 3, Living Room
Heating
- Electric, Heat Pump
Cooling
- Central Air
Features
- None
- Basement: None
- Attic: Access Only
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
Property
Parking
- Total spaces: 1
- Parking features: See Remarks
- Attached garage spaces: 1
Features
- Levels: One
- Patio & porch: Porch
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.3 Acres
- Dimensions: 110 x 120 x 110 x 120
Details
- Parcel number: 235ll019
- Zoning: Ok-R-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: See Remarks
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Oak Island
Financial & listing details
- Price per square foot: $564/sqft
- Tax assessed value: $424,640
- Annual tax amount: $2,262
- Date on market: 3/5/2026
- Cumulative days on market: 145 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$551,500
$524,000 - $579,000
$2,027/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $569,000-5%$564/sqft |
Source:  Hive MLS #100558403 Report a problem | ||
| 5/24/2026 | Price change | $599,000-4.2%$594/sqft |
Source: Hive MLS #100558403 Report a problem | ||
| 3/5/2026 | Listed for sale | $625,000+293.1%$620/sqft |
Source: Hive MLS #100558403 Report a problem | ||
| 2/1/2004 | Sold | $159,000$158/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $811 -19.8% | $424,640 |
| 2024 | $1,011 | $424,640 |
| 2023 | $1,011 +47.8% | $424,640 +121.1% |
| 2022 | $684 +4.6% | $192,080 |
| 2021 | $654 +4% | $192,080 |
| 2020 | $629 | $192,080 |
| 2019 | $629 +16.7% | $192,080 +185.2% |
| 2018 | $539 +4.9% | $67,360 |
| 2017 | $514 | $67,360 |
| 2016 | $514 | $67,360 -57.3% |
| 2015 | $514 +10.7% | $157,740 +4.4% |
| 2014 | $464 | $151,038 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
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
GreatSchools rating
- 8/10Southport ElementaryGrades: K-5Distance: 4.6 mi
- 4/10South Brunswick MiddleGrades: 6-8Distance: 7.3 mi
- 4/10South Brunswick HighGrades: 9-12Distance: 7.6 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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