Just across the street from the Atlantic Ocean, this beautifully updated classic Oak Island beach cottage offers the perfect blend of timeless coastal charm, modern upgrades, and proven investment potential. Featuring original hardwood floors and conveying furnished, this home is ready to be enjoyed as a vacation getaway, primary residence,… Read More or income-producing short-term rental. The current owners have invested extensively in quality improvements, allowing the next owner to enjoy the home without worrying about major projects. Significant updates include a lifetime metal roof (2025), hurricane-impact windows (2025), all pilings (2025), premium WearDeck composite decking, whole-house siding, an enclosed outdoor shower, a renovated lower level with flood vents meeting current FEMA requirements, and an updated water heater. Inside, you'll find two beautifully renovated bathrooms showcasing artisan tile, glass surrounds, and high-end finishes, along with the convenience of a newly added upstairs laundry closet. A standout feature of this property is its exceptional track record as a high-performing short-term rental, producing up to $79,000 in annual rental income during ownership. Lower-income years were directly related to owner-planned renovations and a temporary change in property management--not a lack of rental demand. Even with the home unavailable for four prime rental months during the recent bathroom addition, approximately $49,000 is already secured in reservations for 2026, highlighting its continued earning potential. Whether you're searching for a personal beach retreat, a turnkey investment, or the flexibility to enjoy both, this Oak Island cottage delivers. Opportunities to own a thoughtfully updated home this close to the beach--with major structural improvements already completed and a proven rental history--are becoming increasingly rare. Read Less
Courtesy of Mia K Bryans, Coldwell Banker Sea Coast Advantage
Listing Snapshot
Days Online
23
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,068
Lot Size
0.17 Acres
Year Built
1955
MLS Number
100591062
Additional Details
Property Access
Road frontage type: City Street, State Road
Appliances & Equipment
Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
Building
Built in 1955, Construction materials: Block, Vinyl Siding, Levels: One, Living area units: Square Feet, 1 total story, Structure type: Stick Built, Toal building area: 1068
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