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For sale
  • Price cut: $200K (7/11)
    $1,549,999

    5518 E Beach Drive, Oak Island, NC 28465

    5beds
    1,756sqft
    : 
    $8,638/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    7,405 Square Feet Lot
    $1,469,400 Zestimate®
    $883/sqft
    $-- HOA

    What's special

    New furniture throughoutPrivate ocean side balconyNew lvp flooring throughoutStainless-steel kitchen appliances
    This gorgeous 2nd row home has the views of oceanfront. Located in the heart of The Town of Oak Island, this beautiful home has just been completely renovated. Extensive renovations include brand-new privacy-fenced, in-ground swimming pool, completely new kitchen with large island for extra cooking prep space and seating, stainless-steel kitchen appliances, new LVP flooring throughout, new furniture throughout, 2 additional full bathrooms, all new plumbing, and so much more! The new sleek and modern interior offers the ultimate in comfort and convenience, plus a lot of unique style and design touches everywhere. Bedrooms are spacious with some featuring breathtaking ocean views and one with a private ocean side balcony. You will be able to experience the most amazing ocean views, sunrises and sunsets, and the beach is just across the street. Ideally located in the heart of Oak Island, you will have easy access to all you could need or want from necessities to fun! This is a great home to have as a rental investment property or could also make a wonderful primary residence or second home for you to make memories for years to come. A newly renovated gem like this does not come along often, so come and see what you're missing and make this magnificent home yours today! EXTERIOR VIDEO MONITIRING ON PREMISES
    186 days
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    771
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    45
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    Zillow last checked:

    Listing updated:

    Listed by:

    John G Hamilton 910-523-0540,

    Better Beach Sales & Rentals, Inc.

    Source: Hive MLS,MLS#: 100553322MLS LogoOriginating MLS: Brunswick County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Living Room, Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
      Heating
      • Heat Pump, Fireplace(s), Electric
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
      Features
      • Master Downstairs, Vaulted Ceiling(s), High Ceilings, Solid Surface, Kitchen Island, Ceiling Fan(s), Furnished, Blinds/Shades, Built-in Features, Eat-in Kitchen
      • Flooring: LVT/LVP
      • Basement: None
      • Attic: Access Only
      • Furnished: Yes
      Interior area
      • Total structure area: 1,756
      • Total interior livable area: 1,756 sqft

      Property

      Parking
      • Parking features: Concrete, Lighted, Off Street, On Site
      Features
      • Levels: Two
      • Patio & porch: Open, Covered, Deck, Balcony
      • Exterior features: Outdoor Shower
      • Pool features: In Ground
      • Fencing: Back Yard,Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Second Row
      • Frontage type: See Remarks
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50 x 150
      • Features: Open Lot, Ocean Side, Second Row
      Details
      • Parcel number: 250ae028
      • Zoning: Ok-R-7
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Wood Frame
      • Foundation: Other, Pilings
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: E. Long Beach
      HOA
      • Has HOA: No
      • Amenities included: Dog Park, Park, Pickleball, Picnic Area, Playground, Tennis Court(s), Trail(s)
      Location
      • Region: Oak Island

      Financial & listing details

      • Price per square foot: $883/sqft
      • Tax assessed value: $771,220
      • Annual tax amount: $5,090
      • Date on market: 2/7/2026
      • Cumulative days on market: 186 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $1,469,400

        $1.40M - $1.54M

        $2,780/mo

        Price history

        DateEventPrice
        7/11/2026Price change$1,549,999-11.4%$883/sqft
        Source: Hive MLS #100553322 Report a problem
        2/7/2026Listed for sale$1,749,999+116%$997/sqft
        Source: Hive MLS #100553322 Report a problem
        7/29/2025Sold$810,000-9.9%$461/sqft
        Source: Hive MLS #100483602 Report a problem
        6/26/2025Contingent$899,000$512/sqft
        Source: Hive MLS #100483602 Report a problem
        6/12/2025Price change$899,000-9.6%$512/sqft
        Source: Hive MLS #100483602 Report a problem
        5/18/2025Price change$995,000-5.2%$567/sqft
        Source: Hive MLS #100483602 Report a problem
        4/8/2025Price change$1,049,900-10.6%$598/sqft
        Source: Hive MLS #100483602 Report a problem
        3/21/2025Price change$1,174,900-2.1%$669/sqft
        Source: Hive MLS #100483602 Report a problem
        1/14/2025Listed for sale$1,199,900+163.8%$683/sqft
        Source: Hive MLS #100483602 Report a problem
        1/12/2018Sold$454,800-15.6%$259/sqft
        Source: Hive MLS #100052353 Report a problem
        1/12/2018Price change$539,000+8.9%$307/sqft
        Source: RE/MAX AT THE BEACH #100052353 Report a problem
        11/30/2017Pending sale$494,987$282/sqft
        Source: RE/MAX at the Beach / Oak Island #100052353 Report a problem
        10/16/2017Price change$494,987-0.6%$282/sqft
        Source: RE/MAX at the Beach / Oak Island #100052353 Report a problem
        9/11/2017Price change$497,987-0.4%$284/sqft
        Source: RE/MAX at the Beach / Oak Island #100052353 Report a problem
        3/12/2017Listed for sale$499,987-7.2%$285/sqft
        Source: RE/MAX Essential-Brunswick County #100052353 Report a problem
        2/8/2017Listing removed$539,000$307/sqft
        Source: Coldwell Banker Sea Coast Advantage #100002027 Report a problem
        7/20/2016Price change$539,000-9.4%$307/sqft
        Source: Coldwell Banker Sea Coast Advantage #100002027 Report a problem
        2/8/2016Listed for sale$595,000$339/sqft
        Source: Coldwell Banker Sea Coast Advantage #100002027 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,946 -6.4%$771,220
        2024$3,146 -1.8%$771,220
        2023$3,204 +19.3%$771,220 +65.4%
        2022$2,685 +0.9%$466,280
        2021$2,661 +1.2%$466,280
        2020$2,630 -0.2%$466,280
        2019$2,636 +46.3%$466,280 +46%
        2018$1,802 -0.2%$319,350 +87.9%
        2017$1,805 $170,000
        2016$1,805 $170,000 -46.8%
        2015$1,805 +22.5%$319,350 +12.2%
        2014$1,473 $284,560
        2013-- --
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        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28465

        Getting around

        44 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        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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