tomo logo

$1,995,000

Beds
5
Baths
4.0
sq ft
2,436

5403 W Beach Dr, Oak Island, NC 28465

5403 W Beach Dr

Oak Island, NC 28465

  • 166 days on market
    • Price drop $80,000↓
This OCEAN FRONT home is a place where worries wash away on the sandy shore. Your days and nights spent gathering, making memories to the sound of crashing waves while the salty air purifies the soul. Situated on the far West End escaping the hustle and bustle and is known for its laid-back vibes. Lonerider Brewery & Restaurant is just a couple blocks away offering a convenient dinning & entertainment experience overlooking breathtaking views of the waterway and frequently offers live music! There is also a BOAT RAMP/kayak launch & new marina (under construction) offering easy access to the waterway for fishing, paddleboarding or a day on the skiff. ''The Point'' is just a short stroll away to enjoy the best sunset views on the island and a waterway beach option without the waves! This house boasts both ocean & waterway views from nearly every corner! Full width Decks on both levels connected by a spiral staircase provide options to soak in the serene ocean views. A boardwalk provides easy beach access with a Hot Tub area to enjoy the views year round! An outdoor shower and plenty of parking tops off the exterior. The first level offers 5 Bedrooms (including ocean view rooms), 3 Full Baths and a Laundry Room. The top level embraces an open concept floorplan, tall cielings and panoramic ocean views. The kitchen offers generous cabinet and counter space, granite countertops, tile backsplash & a large island with extra seating and a beverage fridge. A large walk-in pantry and separate ''owners closet'' provide ample storage. The dinning and living room both offer large spaces to gather and unwind over ocean views. A luxurious full bathroom completes the upstairs nicely. Property comes fully furnished with TV's in every bedroom. An impressive rental history makes this property versatile for your own personal enjoyment, as a rental or a combination of the two. New Roof in 2023! The West End is a one-of-a-kind Beach Lifestyle so come experience it for yourself today!

Details

Property type

Single Family Residence

Est. home value

$1,428,354

Lot size

7,492 sq ft

Price per sq ft

$819

Year built

2014

Annual property taxes

$5,142.5

Price History

12/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454920

Price change
$1,995,000
-3.86%
07/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454920

Price change
$2,075,000
-2.35%
07/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454920

Listed
$2,125,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cnb Bank

Loan start date

June 2021

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

2.64%

Loan type

Commercial, 10 year

Seller

Wave Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NorthCarolinaRegional
$1,799,000
5 bd
|
3.5 ba
|
1,996 sq ft
|
House

2019 W Beach Dr, Oak Island, NC 28465

Price drop
NorthCarolinaRegional
$1,899,999
5 bd
|
3 ba
|
2,786 sq ft
|
House

6901 Kings Lynn Dr, Oak Island, NC 28465

Price drop
NorthCarolinaRegional
$2,260,000
6 bd
|
4.5 ba
|
2,384 sq ft
|
House

1311 W Beach Dr, Oak Island, NC 28465

Status: Active

Tomo last checked: 12/23/2024 at 8:45 AM

Listing updated: 12/03/2024 at 10:02 AM

Listed by: Brian E Inskip, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100454920

NorthCarolinaRegional logo

Recently listed in Oak Island

$1,965,000|6 bd|7.0 ba|House
$924,900|3 bd|2.0 ba|House
$759,000|3 bd|2.0 ba|House
$399,900|2 bd|2.0 ba|House
$600,000|3 bd|2.0 ba|House
$1,550,000|6 bd|6.5 ba|House
$699,900|3 bd|2.0 ba|House
$599,000|3 bd|2.0 ba|House
$1,550,000|6 bd|4.5 ba|House
$1,795,000|8 bd|7.0 ba|House