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5 Beds
3 Baths
2,564 sqft

$649,900

238 NE 35th Street, Oak Island NC, 28465

Price per sqft$253.47
Built in2004
Property size2,564 sqft
Property typeResidential

Overview

Active

Listed Jul 25, 2026

Updated 2 days ago

PRICE REDUCTION. This home is now priced at $649900! Rare find on Oak Island. Three bedrooms and two baths upstairs, two bedrooms and a bathroom downstairs. The downstairs living area is only accessible from the ground level and is not counted in the listed square footage of 1282, but it is the same square footage. The total is 2564 square feet of conditioned space. Enjoy living in the freshly painted upper floor, and have family and guests on the lower level, rent out the lower level, or rent out both levels with all five bedrooms. The lower level has a rental history and generated over $20k a year in longer term rentals, and could generate more from short term rentals. Home has a new roof, and new lower level HVAC system. No carpet in the house! It is all tile, and wood upstairs. LVP flooring on the ground level. All bedrooms upstairs have ceiling fans. Stainless steel appliances, and granite counters in kitchen, plus a pantry. Vaulted ceilings, primary suite has its own bathroom. Two other large bedrooms share a second bathroom. Great room, dining area and laundry closet on the main level. Large screened in covered wrap around deck. Downstairs is ready to rent, fully furnished, and has a large great room, dining area, and kitchenette. Downstairs could be handicap accessible. Down stairs has two bedrooms, plus a flex room that can sleep two people, great room, dining area, full bath, laundry room, and has its own HVAC system. Lower level also has an unconditioned storage room. The driveway, and gravel area could accommodate an RV, boat, or multiple vehicles. Large shed for storage in the back yard.Enjoy life on Oak Island while getting sizable rental income. 35th Street is a great location on the island. Flood zone X so no flood insurance is required.

$4,324/mo

Est. mortgage payment based on a $649,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
100591496

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$4,594
Tax Frequency
Annually

Courtesy of RE/MAX Southern Coast with John S Dorazio,
Listing Contact: 703-906-6056 

 

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Data last updated 3:06 AM UTC, 10/5/2026

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