304 NE 50th Street, Oak Island, NC 28465
Not In Subdivision · Brunswick County
Key Facts
Description
Prime redevelopment opportunity in the ''sweet spot'' of Oak Island! This rare property includes two lots with an older main home and a separate cottage currently used as a rental. Builders and investors will immediately recognize the potential to renovate, redevelop, or create new construction in one of the island's most desirable locations. The double-lot configuration offers flexibility for future plans while the existing structures provide possible holding income during planning or construction. Located just minutes from beach access, dining, and island attractions, this is exactly the kind of property builders are searching for but rarely find. Don't miss your chance to secure a high-potential homesite in the heart of Oak Island.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1978
Stories
1
Living Area
1,008 sq ft
Lot Size
0.30 acres
Lot Dimensions
110x120x110x120
Garage Spaces
1
Parking Spaces
1
Zoning
Ok-R-6
Days on Market
131
MLS® Listing#
100558403
Property Features
Cooling
Heating
Basement
Parking
Patio
Fencing
Construction
Foundation
Roof
Utilities
Rooms
- Bedroom 1
- Bedroom 2
- Bedroom 3
- Bedroom 3
- Kitchen
- Living Room
Schools
- Elementary:
- Southport
- Middle:
- South Brunswick
- High:
- South Brunswick
Financial Details
HOA
None
Annual Taxes
$2,262
Tax year 2025
Assessed Value
$424,640
Parcel Number
235ll019
Directions
From Oak Island Dr. Turn onto 50th St NE property is at 304.
Affordability Calculator
$113,800
Estimated monthly payment
$3,028/mo
Principal $455,200 · Est. interest $635,045 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oak Island, NC
- $702,667
- Median Listing Price
- 89
- Median Days on Market
- 1,727
- Median Sq Ft
- $438
- Median Price / Sq Ft
- 315
- Active Listings
- This home’s price is 19% below the area median.
- Its price per sq ft is 29% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oak Island, NC.
Location
Points of Interest in Oak Island, NC
Showing the Oak Island area map.
Nearby Schools
Southport Christian School
School · 3.4 mi away
Southport Elementary School
Elementary · 4.6 mi away
Brunswick County Schools
School · 4.6 mi away
Classical Charter Schools of Southport
Elementary · 6.4 mi away
South Brunswick Middle School
Secondary · 7.3 mi away
South Brunswick High School
Secondary · 7.6 mi away
Virginia Williamson Elementary School
Elementary · 8.9 mi away
Cedar Grove Middle School
Secondary · 9.8 mi away
Brunswick County Schools
School · 10.1 mi away
Bolivia Elementary School
Elementary · 10.7 mi away
Brunswick Community College Bookstore
School · 10.7 mi away
Early College High School
Secondary School · 10.7 mi away
Supply Elementary School
Elementary · 11.2 mi away
Jesus Rivera Bultron
School · 14.0 mi away
Carolina Beach Elementary School
Elementary · 14.4 mi away
Island Montessori School
Elementary · 14.9 mi away
Town Creek Elementary School
Elementary · 15.4 mi away
Town Creek Middle School
Secondary · 15.5 mi away
Shallotte Middle School
Secondary · 16.2 mi away
North Carolina College of Theology
School · 16.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5016 E Oak Island Drive Apt 8, Oak Island, NC | $399,900 | 3 | 2 | 1,524 |
| 115 NW 20th Street, Oak Island, NC | $399,900 | 3 | 2 | 1,248 |
| 2472 Cedar Island Road, Cedar Island, NC | $400,000 | 3 | 2 | 1,992 |
| 102 NW 20th Street, Oak Island, NC | $415,000 | 2 | 2 | 1,212 |
| 5400 E Yacht Drive A2, Oak Island, NC | $419,000 | 2 | 2 | 877 |
| 7605 Keating Drive, Oak Ridge, NC | $420,000 | 3 | 3 | 2,256 |
Moving Cost Estimate
EXIT Agents in Oak Island
Presented by: Debi L Dolan-Prince