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Sold for $2,600,000
  • $2,600,000

    505 Ocean Drive, Oak Island, NC 28465

    7beds
    2,820sqft
    Single Family Residence
    Built in 2019
    8,712 Square Feet Lot
    $2,517,400 Zestimate®
    $922/sqft
    $3,536 Estimated rent

    Home value

    $2,517,400

    $2.27M - $2.77M

    $3,536/mo

    Zestimate® history
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    What's special

    Welcome to 505 Ocean Drive, a stunning 7-bedroom, 6.5-bathroom oceanfront home is nestled in a prime location in the ''Old Yaupon'' area of Oak Island. Built in 2019, this home boasts modern architecture and stylish interiors, seamlessly blending comfort and sophistication for the ultimate coastal retreat. With contemporary design and luxurious amenities, this property offers an unparalleled coastal living experience. With seven spacious bedrooms, including five with their own bathrooms, this home offers plenty of space for family and guests to unwind in comfort and privacy. Enjoy breathtaking views of the Atlantic Ocean right from your doorstep. Step out onto the pristine sandy beach for a morning stroll or soak in stunning sunsets from the comfort of your own home. Relax and rejuvenate in the heated pool, perfect for year-round enjoyment. Whether you're looking to cool off on a hot summer day or take a refreshing dip in the cooler months, the elevated pool offers endless opportunities for relaxation and recreation. Accessibility is key in this thoughtfully designed home. The inclusion of an elevator ensures that all occupants, regardless of mobility, can easily access every floor with ease and comfort. Convenience is paramount with two sets of washer and dryers—one upstairs and one downstairs—making laundry day a breeze for residents and guests alike. This home is currently on a vacation rental program with established annual income! Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Travolina 910-679-8047,

    Landmark Sotheby's International Realty

    Bought with:

    Robert W Close, 324546

    Salt and Sand Realty

    Source: Hive MLS,MLS#: 100475055MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination, Eat-in Kitchen
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Features
    • Furnished
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 2,820
    • Total interior livable area: 2,820 sqft

    Property

    Parking
    • Parking features: Covered, Concrete
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: None
    • On waterfront: Yes
    • Waterfront features: Deeded Water Access
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 57 x 150
    • Features: Deeded Water Access
    Details
    • Parcel number: 250fg003
    • Zoning: OK-CR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Other, Pilings
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Yaupon Beach
    HOA
    • Has HOA: No
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $922/sqft
    • Tax assessed value: $1,363,150
    • Annual tax amount: $5,753
    • Date on market: 10/16/2025
    • Cumulative days on market: 1 day
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/18/2024Sold$2,600,000$922/sqft
    Source: Hive MLS #100475055 Report a problem
    11/8/2024Contingent$2,600,000$922/sqft
    Source: Hive MLS #100475055 Report a problem
    11/8/2024Listed for sale$2,600,000+8.6%$922/sqft
    Source: Hive MLS #100475055 Report a problem
    2/12/2024Listing removed--
    Source: Hive MLS #100426433 Report a problem
    2/8/2024Listed for sale$2,395,000+7.6%$849/sqft
    Source: Hive MLS #100426433 Report a problem
    12/1/2022Sold$2,225,000-3.1%$789/sqft
    Source: Hive MLS #100349533 Report a problem
    11/12/2022Pending sale$2,295,000$814/sqft
    Source: Hive MLS #100349533 Report a problem
    9/15/2022Listed for sale$2,295,000+555.7%$814/sqft
    Source: Hive MLS #100349533 Report a problem
    6/25/2018Sold$350,000$124/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,368 -6.7%$1,363,150
    2024$5,753 +0.1%$1,363,150
    2023$5,750 +18.7%$1,363,150 +59.7%
    2022$4,842 +1.3%$853,660
    2021$4,782 +1.1%$853,660
    2020$4,732 $853,660 +166.8%
    2019-- $320,000 +818%
    2018-- $34,860
    2017$193 $34,860
    2016$193 $34,860 -87.7%
    2015$193 $282,360
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
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    2000-- --
    Find assessor info on the county website

    Neighborhood: 28465

    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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    Estimated market value
    $2,517,400
    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
    $2,517,400