Welcome to beach life! New home offered by Port City Capital and Elevate Construction, featuring a open floor plan in a great northeast location of Oak Island. This floor plan was seen on HGTV House Hunters, with features including: Hardie exterior, White shaker cabinets with soft close doors and drawers, granite counter tops, stainless steel appliances, electric fireplace with shiplap surround, vinyl plank flooring, hot and cold outdoor shower. Master Bathroom has walk in tiled shower with glass door and double vanities. The home sits on
a large lot that could easily fit a pool. This northeast location is near the waterway, with a short golf cart ride to the beach, food and shopping center.
Sold for $625,000
$625,000
338 NE 40th Street, Oak Island, NC 28465
3beds
1,600sqft
Single Family Residence
Built in 2023
8,712 Square Feet Lot
$712,900 Zestimate®
$391/sqft
$2,667 Estimated rent
Home value
$712,900
$656,000 - $777,000
$2,667/mo
Zestimate® history
Owner options
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$3,622/mo
Est. payment
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$3,622/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Rising Tide Team 910-256-4503,
Intracoastal Realty Corp
Bought with:
Brian R Chisholm, 324542
SJC Real Estate LLC
Source: Hive MLS,MLS#: 100387710
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Built-In Microwave, Refrigerator
- Laundry: Laundry Room
Features
- Master Downstairs, Walk-in Closet(s), High Ceilings, Ceiling Fan(s), Walk-in Shower, Walk-In Closet(s)
- Flooring: LVT/LVP
- Basement: None
- Attic: Scuttle
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: Off Street, Paved
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Outdoor Shower
- Fencing: None
- Waterfront features: None
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 235lc015
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Other, Pilings
- Roof: Architectural Shingle
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Tranquil Harbor
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Oak Island
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $63,000
- Annual tax amount: $2,266
- Date on market: 9/7/2025
- Cumulative days on market: 40 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2023 | Sold | $625,000-3.8%$391/sqft |
Source:  Hive MLS #100387710 Report a problem | ||
| 7/12/2023 | Pending sale | $649,900$406/sqft |
Source: Hive MLS #100387710 Report a problem | ||
| 6/2/2023 | Listed for sale | $649,900$406/sqft |
Source: Hive MLS #100387710 Report a problem | ||
| 5/23/2022 | Listing removed | -- |
Source: Port City Capital, LLC Report a problem | ||
| 4/22/2022 | Listed for sale | $649,900+356.1%$406/sqft |
Source: Port City Capital, LLC Report a problem | ||
| 2/15/2022 | Sold | $142,500-8.1%$89/sqft |
Source: Public Record Report a problem | ||
| 5/23/2005 | Sold | $155,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,266 -8.1% | $593,180 |
| 2024 | $2,466 +12% | $593,180 +13.2% |
| 2023 | $2,202 +530.9% | $524,070 +731.9% |
| 2022 | $349 +0.9% | $63,000 |
| 2021 | $346 +0.7% | $63,000 |
| 2020 | $343 | $63,000 |
| 2019 | -- | $63,000 +57.5% |
| 2018 | $223 +1.1% | $40,000 |
| 2017 | $220 | $40,000 |
| 2016 | $220 | $40,000 |
| 2015 | $220 | $40,000 |
Find assessor info on the county website
Neighborhood: 28465
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Nearby schools
GreatSchools rating
- 8/10Southport ElementaryGrades: K-5Distance: 5.1 mi
- 4/10South Brunswick MiddleGrades: 6-8Distance: 7.3 mi
- 4/10South Brunswick HighGrades: 9-12Distance: 7.7 mi
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Estimated market value
$712,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$712,900
- North Carolina
- Brunswick County
- Oak Island
- 28465
- 338 NE 40th Street
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