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Sold for $1,300,000
  • $1,300,000

    5127 W Beach Drive, Oak Island, NC 28465

    5beds
    3,036sqft
    Single Family Residence
    Built in 1966
    7,405 Square Feet Lot
    $1,299,900 Zestimate®
    $428/sqft
    $3,075 Estimated rent

    Home value

    $1,299,900

    $1.23M - $1.36M

    $3,075/mo

    Zestimate® history
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    What's special

    Welcome to 5127 W Beach Drive - fully furnished and truly turnkey, an exceptional oceanfront retreat on Oak Island offering rare, sweeping views of the Atlantic Ocean, Intracoastal Waterway, and Montgomery Slough. Currently on a rental program with strong bookings already in place for the 2026 season, this is a prime opportunity for immediate income and effortless ownership. Perfectly positioned along the shoreline, this 5-bedroom, 4.5-bath home spans three levels and is designed to comfortably accommodate guests while maintaining privacy, an ideal setup for both personal use and rental performance. The main living level features three spacious bedrooms, each with its own full bath. Upstairs, the top floor showcases an open-concept layout. The kitchen is both functional and recently updated, featuring butcher block countertops, a gas cooktop with its own propane supply, apron-front sink, and soft-close cabinetry. The space flows seamlessly into the dining and living areas, where two sets of sliding glass doors frame breathtaking ocean views and lead to expansive decking. Also on the top floor, you'll find an additional bedroom and half bath, offering even more flexibility for guests. A wide-spiral staircase adds architectural charm and enhances the home's unique coastal character. The ground level provides yet another private retreat with a bedroom and full bath, along with a conditioned storage area and dedicated owner's closets, ideal for securely storing personal items while the home is on the rental program. Outdoor living is where this property truly stands apart. The oceanfront deck provides the perfect setting to take in the sea breeze, entertain guests, and enjoy endless views of the Ocean, With exceptionally well-established dunes that offer added protection and privacy. In a rare and highly sought-after feature, this home offers water views from both sides! Ocean views from the rear decks, while the front deck captures stunning perspectives of the Intracoastal Waterway and Montgomery Slough, allowing you to enjoy both sunrise and sunset skies from your own home. Additional features include durable LVP flooring throughout, preserved wood ceilings that maintain the home's classic beach character, and a layout that comfortably supports larger groups. With proven rental performance and strong 2026 bookings already secured, this property is ready to deliver from day one. Whether you're seeking a high-performing investment or your own private oceanfront escape, 5127 W Beach Drive offers a rare combination of location, views, and turnkey convenience. Oceanfront. Fully furnished. Dual water views. Proven income. This is Oak Island living at its best.

    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

    Bought with:

    James L Forester, 350146

    Coldwell Banker Sea Coast Advantage

    The Donatelli Group

    Coldwell Banker Sea Coast Advantage

    Source: Hive MLS,MLS#: 100568545MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bathroom 5
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Gas Oven, Built-In Microwave, Washer, Refrigerator, Humidifier, Dryer, Disposal, Dishwasher
    Features
    • Kitchen Island, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
    • Flooring: LVT/LVP, Concrete, Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 3,036
    • Total interior livable area: 3,036 sqft

    Property

    Parking
    • Parking features: On Site
    Features
    • Levels: Three Or More
    • Patio & porch: Open, Deck, Porch
    • Exterior features: Shutters - Board/Hurricane, Outdoor Shower, DP50 Windows
    • Fencing: None
    • Has view: Yes
    • View description: Canal, Creek/Stream, ICW, Marsh, Ocean, Sound, Water
    • Has water view: Yes
    • Water view: Canal,Creek/Stream,Marsh,Ocean,Sound,Water
    • Waterfront features: Ocean Front
    • Frontage type: Oceanfront
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 150 x 50 x 150
    • Features: Dunes, Ocean Side
    Details
    • Parcel number: 233mg010
    • Zoning: Ok-R-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Composition, Wood Frame
    • Foundation: Other, Pilings
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1966

    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
    • Amenities included: Basketball Court, Fitness Center, Golf Course, Marina, Playground, Ramp, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $428/sqft
    • Tax assessed value: $1,075,000
    • Annual tax amount: $6,858
    • Date on market: 4/21/2026
    • Cumulative days on market: 50 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/24/2026Sold$1,300,000-15.6%$428/sqft
    Source: Hive MLS #100568545 Report a problem
    6/10/2026Pending sale$1,540,000$507/sqft
    Source: Hive MLS #100568545 Report a problem
    5/14/2026Price change$1,540,000-0.6%$507/sqft
    Source: Hive MLS #100568545 Report a problem
    4/21/2026Listed for sale$1,550,000-3.1%$511/sqft
    Source: Hive MLS #100568545 Report a problem
    9/30/2024Listing removed$1,600,000$527/sqft
    Source: Hive MLS #100426733 Report a problem
    2/11/2024Listed for sale$1,600,000+26%$527/sqft
    Source: Hive MLS #100426733 Report a problem
    12/2/2021Sold$1,270,000-2.2%$418/sqft
    Source: Hive MLS #100297520 Report a problem
    10/29/2021Pending sale$1,299,000$428/sqft
    Source: Hive MLS #100297520 Report a problem
    10/28/2021Listed for sale$1,299,000+85.6%$428/sqft
    Source: Hive MLS #100297520 Report a problem
    7/12/2019Sold$700,000-7.8%$231/sqft
    Source: Agent Provided Report a problem
    4/28/2019Pending sale$759,000$250/sqft
    Source: Art Skipper Realty Inc. #100150260 Report a problem
    2/21/2019Listed for sale$759,000-0.8%$250/sqft
    Source: Art Skipper Realty Inc. #100150260 Report a problem
    8/31/2018Listing removed$764,900$252/sqft
    Source: RE/MAX AT THE BEACH #100106380 Report a problem
    7/13/2018Price change$764,900-1.3%$252/sqft
    Source: RE/MAX at the Beach / Oak Island #100106380 Report a problem
    3/19/2018Listed for sale$774,900+19.2%$255/sqft
    Source: RE/MAX at the Beach / Oak Island #100106380 Report a problem
    6/1/2016Listing removed$649,999$214/sqft
    Source: Margaret Rudd Assoc/Sp #20688491 Report a problem
    8/30/2015Price change$649,999-3%$214/sqft
    Source: Margaret Rudd Assoc/Sp #688491 Report a problem
    1/15/2015Listed for sale$669,900$221/sqft
    Source: Intracoastal Realty Corporation #688491 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,107 -8.9%$1,075,000
    2024$4,507 $1,075,000
    2023$4,507 +16.5%$1,075,000 +69.6%
    2022$3,867 +14.8%$633,690 +14%
    2021$3,370 +2.3%$556,100
    2020$3,295 -2.2%$556,100
    2019$3,368 +20.9%$556,100 +101.8%
    2018$2,786 +1.8%$275,540
    2017$2,736 $275,540
    2016$2,736 $275,540 -41.8%
    2015$2,736 -7.4%$473,140 -15.9%
    2014$2,953 $562,487
    2013-- --
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    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
    $1,299,900
    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
    $1,299,900