This remarkable waterfront estate captures the beauty of eastern Carolina Coast from one of the most extraordinary settings in The Arboretum, a premier waterfront enclave located in Caswell Beach. Tucked away at the end of a quiet cul-de-sac and surrounded by protected coastal marshland, the property commands breathtaking views across miles of winding tidal creeks, native marsh grasses, and open water while offering a superior level of privacy. A sturdy dock with deep-water access provides the freedom to boat regardless of tide, a rare and highly sought-after feature in marsh front living. This classic Southern style low-country architecture creates an unforgettable first impression. Inside, you'll find extensive custom woodwork, plantation shutters, 3/4-inch hardwood flooring, Andersen windows and doors, and thoughtfully designed living spaces that take full advantage of the surrounding water views. Elevated ceilings, detailed millwork, transom windows, and abundant natural light create a warm and inviting atmosphere throughout the home.
The great room serves as the centerpiece of the home, highlighted by extensive custom built-ins, rich wood detailing, hardwood flooring, and a fireplace framed by custom cabinetry. Expansive windows frame the surrounding marsh views while filling the room with natural light. The welcoming front porch invites into the foyer leading to the great room which flows seamlessly into the dining area, kitchen, and adjoining waterside sunroom. The kitchen is centrally located within the home and features abundant cabinetry, pantry storage, and a bright breakfast area overlooking the marsh. Open to the adjoining living spaces, it remains connected to the surrounding water views that define the property. Just beyond the main living areas, the waterside sunroom offers some of the most captivating views in the home. Surrounded by windows and overlooking the marsh, winding tidal creeks, and water beyond, this light-filled space provides a front-row seat to the ever-changing coastal landscape. The primary suite is privately positioned and offers a spacious layout designed to take advantage of the waterfront setting. Multiple closets with custom built-ins provide exceptional storage, while a private sunroom adjoining the suite creates a peaceful space to enjoy the views. The ensuite bath features a steam shower, soaking tub, dual vanity areas, and a separate water closet. An exterior elevator provides convenient access between the first and second living levels, enhancing accessibility and ease of everyday living. Designed with both comfort and flexibility in mind, the home offers multiple guest accommodations and gathering spaces across its upper levels. A three-level dumbwaiter makes it easy to transport groceries, luggage, and personal belongings throughout the home. The upper-level features additional bedrooms, full baths, abundant storage, and a spacious living area centered around a wood-burning fireplace. The lower level adds tremendous flexibility to the property with extensive workshop space, storage areas, a recreation room with pool table, and a large hobby or art room. Whether used for projects, collections, entertaining, or simply accommodating the needs of waterfront living, these spaces provide functionality rarely found in coastal homes. Direct access to the screened outdoor living areas and backyard creates a seamless connection to the property's waterfront setting. Designed to take full advantage of its remarkable waterfront location, the outdoor living spaces are among the property's most memorable features. Multiple screened porches, four automatic awnings, and expansive outdoor gathering areas provide countless opportunities to enjoy the coastal environment throughout the year. An outdoor shower offers added convenience after a day on the water, while the private dock and deep-water access allow boating regardless of tide--a rare and highly sought-after feature in marsh front living. From fishing and crabbing to kayaking and sunset cruises, the property's direct connection to the water is one of its defining attributes. Additional highlights include a recently installed metal roof, Andersen windows and doors, hurricane panels, central vacuum, abundant storage throughout, custom built-ins, multiple fireplaces, and a three-level dumbwaiter for transporting groceries, luggage, and personal belongings between floors. Quality craftsmanship and thoughtful details are evident throughout the home.
This is a rare opportunity to own one of The Arboretum's most distinctive waterfront properties, uniquely positioned within a sheltered coastal setting surrounded by miles of protected marshland and navigable waterways.
Under contract
$1,495,000
602 Mimosa Place, Oak Island, NC 28465
5beds
5,145sqft
Single Family Residence
Built in 2000
0.44 Acres Lot
$1,414,900 Zestimate®
$291/sqft
$125/mo HOA
What's special
Multiple fireplacesElevated ceilingsAbundant natural lightExtensive custom built-insExtensive custom woodworkWelcoming front porchRich wood detailing
- 31 days
- 495
- 30
Zillow last checked:
Listing updated:
Listed by:
Nolan K Formalarie 910-477-0085,
Discover NC Homes
Source: Hive MLS,MLS#: 100582806
Originating MLS: Brunswick County Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Sunroom, Bedroom 1, Bathroom 1, Laundry, Bedroom 2, Dining Room, Other, Office, Bathroom 2, Living Room, Breakfast Nook, Master Bedroom, Bedroom 3, Bedroom 4, Bathroom 3
Primary bedroom
- Level: Second
- Dimensions: 13 x 15
Bedroom 1
- Level: Second
- Dimensions: 12.4 x 13.8
Bedroom 2
- Level: Second
- Dimensions: 12.4 x 10.5
Bedroom 3
- Level: Third
- Dimensions: 11.3 x 34.4
Bedroom 4
- Level: Third
- Dimensions: 10.1 x 26.7
Bathroom 1
- Level: Second
- Dimensions: 8.1 x 5
Bathroom 2
- Description: Primary bath (9.5 X 5.10
- Level: Second
- Dimensions: 5.5 x 4
Bathroom 3
- Level: Third
- Dimensions: 7.11 x 11.4
Breakfast nook
- Level: Second
- Dimensions: 8 x 10
Dining room
- Level: Second
- Dimensions: 11.2 x 11.4
Kitchen
- Level: Second
- Dimensions: 8 x 12
Laundry
- Level: Second
- Dimensions: 8.1 x 6.5
Living room
- Level: Second
- Dimensions: 18 x 25
Office
- Description: Rec Room
- Level: First
- Dimensions: 16.2 x 25.9
Office
- Level: Second
- Dimensions: 10.6 x 11.4
Other
- Level: Second
- Dimensions: 7.4 x 11.4
Other
- Description: Flex
- Level: First
- Dimensions: 12 x 15
Sunroom
- Level: Second
- Dimensions: 9 x 13
Sunroom
- Level: Second
- Dimensions: 8 x 12
Sunroom
- Description: Sunroom
- Level: Second
- Dimensions: 31.2 x 11.2
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump
Appliances
- Included: Refrigerator, Dishwasher
Features
- Central Vacuum, Solid Surface, Bookcases, Ceiling Fan(s), Pantry, Walk-in Shower
- Flooring: Carpet, Tile, Wood
- Number of fireplaces: 2
Interior area
- Total structure area: 5,145
- Total interior livable area: 5,145 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Covered, Garage Door Opener, Garage
- Attached garage spaces: 4
Features
- Levels: Three Or More
- Patio & porch: Covered, Patio, Porch
- Exterior features: Outdoor Shower
- Fencing: None
- Has view: Yes
- View description: ICW, Marsh
- Has water view: Yes
- Water view: Marsh
- Waterfront features: Boat Lift, Water Depth 4+, Marsh Front, ICW Front
- Frontage type: Marsh Front,ICW Front
Lot
- Size: 0.44 Acres
- Dimensions: 121 x 151 x 131 x 104 x 20 x 50
- Features: Cul-De-Sac, Level, Boat Dock, Boat Lift, Water Depth 4+
Details
- Parcel number: 236ma02003
- Zoning: Cb-R20-Sf
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Foundation: Other, Pilings
- Roof: Metal
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: The Arboretum
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Golf Course, Pickleball
- HOA fee: $1,500 annually
- HOA name: Arboretum
- HOA phone: 910-250-9045
Location
- Region: Caswell Beach
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $822,760
- Annual tax amount: $5,106
- Date on market: 7/23/2026
- Cumulative days on market: 31 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
$1,414,900
$1.34M - $1.49M
$4,423/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Contingent | $1,495,000$291/sqft |
Source: | ||
| 7/23/2026 | Listed for sale | $1,495,000$291/sqft |
Source: | ||
| 6/29/2026 | Contingent | $1,495,000$291/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $1,495,000$291/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,106 | $822,760 |
| 2024 | $5,106 +3.3% | $822,760 |
| 2023 | $4,942 -5.2% | $822,760 +37.6% |
| 2022 | $5,215 +3.7% | $598,130 |
| 2021 | $5,030 +3.7% | $598,130 |
| 2020 | $4,851 +0.5% | $598,130 |
| 2019 | $4,826 | $598,130 +203.7% |
| 2018 | -- | $196,930 |
| 2017 | $3,958 | $196,930 |
| 2016 | $3,958 | $196,930 -61% |
| 2015 | $3,958 -6.6% | $504,470 -18.5% |
| 2014 | $4,237 | $618,696 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
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| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28465
Nearby schools
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.







