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Property Description

Multiple six figures in annual rental income. Oceanfront. Newer construction. Elevator. Heated saltwater pool. On the coveted west end of Ocean Isle Beach.

Built to maximize both guest experience and investment performance, this 10-bedroom, 8 full bath, 2 half bath oceanfront residence spans more than 5,000 square feet and comfortably accommodates up to 39 guests, making it one of the premier short-term rental properties on the island.

Positioned on the highly desirable west end of Ocean Isle Beach, guests can leave the car behind and walk to Le Volte, one of the island's premier dining destinations located just around the corner. This combination of beachfront privacy and walkability to dining is exceptionally rare and consistently drives vacation demand.

Designed with exceptional rental performance in mind, the home features elevator access to every floor and handicap-accessible design, allowing guests of all ages and abilities to enjoy the property. The heated oceanfront saltwater pool and spa create a true resort experience, while the expansive outdoor entertaining area includes two gas grills, a 14-foot bar, outdoor kitchen, entertainment center, and low-maintenance artificial turf surrounded by mature palms.

Beyond traditional vacation rentals, the property is frequently rented for weddings and events, creating an additional income opportunity. To support these events, the home conveys with a turnkey inventory including 80 wedding chairs, ten 60-inch round dining tables, six 30-inch cocktail tables, three 8-foot banquet tables, and rolling storage carts for easy setup and organization.

Inside, guests are welcomed by panoramic Atlantic views from nearly every room. The chef's kitchen is equipped to handle large groups with premium appliances, including a side-by-side refrigerator and full-size freezer, dual sinks, double ovens, an 8-burner range, beverage station with ice maker, and generous prep space. Two laundry rooms further enhance functionality for high-occupancy rentals and extended stays.

Expansive oceanfront decks capture both sunrise over the Atlantic and spectacular evening sunsets thanks to the home's coveted south-facing shoreline. A private beach walkover places the sand just steps from your backyard.

For investors, North Carolina's coastal market continues to offer compelling advantages over many competing beach destinations. Lower property taxes and operating costs than many coastal markets, combined with strong vacation demand and favorable ownership economics, allow investors to keep more of their rental revenue while building long-term equity in a premier oceanfront asset.

Whether you're expanding a luxury vacation rental portfolio, completing a 1031 exchange, or searching for a legacy property that generates meaningful income while your family enjoys it throughout the year, this is an exceptionally rare opportunity to own one of Ocean Isle Beach's high-performing oceanfront homes.

Overview

Property Status
For Sale
Lot Size
0.42 Acres
MLS ID
100591472
Property Type
Residential
Year Built
2024

Features & Amenities

Total Area
5,390 Sq.Ft.
View Description
Ocean, Water
Stories
4
Garage Spaces
6.0
Water Source
Public
Utilities
Cable Available, Sewer Connected, Water Connected
Pool
In Ground, Hot Tub, Private
Roof
Metal
Lot Features
Dead End, Dunes, Ocean Side
Parking
Garage Faces Front, Attached, Gravel, Off Street, Tandem, Garage, Underhouse
Heat Type
Propane, Heat Pump, Forced Air
Air Conditioning
Central Air, Ceiling Fan(s), Heat Pump, Multi Units
Laundry Room
Dryer Hookup, Washer Hookup, Laundry Closet, Laundry Room
Appliances
Electric Oven, Freezer, Washer, Refrigerator, Ice Maker, Dryer, Double Oven, Disposal, Dishwasher, Tankless Water Heater, Gas Range
Other Interior Features
Walk-in Closet(s), High Ceilings, Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Furnished, Pantry, Walk-in Shower, Wet Bar, Built-in Features, Walk-In Closet(s)
Sewer
Municipal Sewer, City/Town
Substructure
Other, Pilings
Disability Features
Accessible Full Bath, Accessible Approach with Ramp, Accessible Elevator Installed
HOA Amenities
Beach Access, Maintenance Roads, Management, Tennis Court(s), Club Membership
Security Features
Smoke Detector(s)
Other Exterior Features
Outdoor Shower, Irrigation System, Gas Grill, Outdoor Kitchen, Outdoor Grill
Elementary School
Union
Middle School
Shallotte Middle
High School
West Brunswick
School District
Brunswick County Schools
Sales Price
$4,685,000
HOA
$500/yr
Zoning
OI-C-1

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387 W First Street

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Ginger’s distinguished clients significantly benefit from her personal real estate portfolio that includes land and residential acquisitions and sales, development, construction, and property management. Combined with two decades as CEO of her own sales and marketing firm, her business savvy and high-level of knowledge regarding the luxury real estate market.

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387 W First Street

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