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$450,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,162 Sq. Ft.
  • 1 Car Garage
  • Updated 5 days ago

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Tucked into one of the Island's most peaceful pockets, this 2 bedroom, 2 bath condo at Otter Creek offers something increasingly rare, open spaces, mature greenery, and water views, without the revolving door of short-term rental traffic. This end unit is spacious and well-proportioned, with a layout that feels more like a home than a typical condo. Both bedrooms are full-sized, and the two full baths mean no compromises whether you're living here full-time or settling in for a long stretch as a second home. The living space flows naturally out to an oversized deck and it's genuinely large! Just steps from your door, the large community pool is exactly what summer calls for. This location makes island life genuinely easier with quick access on and off the island, plus back road routes to Publix and Food Lion that bypass the summer congestion entirely. It's the kind of location that makes a real difference in the summer months!

Full Property Details for 105 Teakwood Dr #Apt 702

General

  • Price: $450,000
  • HOA FEE: $642/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,872 (2025)
  • Status: Active
  • Type: Condo
  • Source: 2253
  • MLS ID: 100568885
  • Updated: 5/13/2026
  • Added to Site: 27 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Ceiling Fan(s), Blinds/Shades
  • Appliances: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
  • Furnishings: Unfurnished
  • Flooring: LVT/LVP, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Primary Living Area

Other Rooms

  • Laundry: In Kitchen

Additional Information

  • Shared Amenities: Waterfront Community, Community Pool, Flood Insurance, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Master Insure, Sewer, Trash, Water

Exterior

  • Exterior Features: Cluster Mailboxes, End Unit
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Assigned, Paved, Tandem, Garage

Location

  • County: New Hanover
  • Subdivision: Otter Creek
  • Driving Directions: Snow's Cut Bridge into Carolina Beach. Turn left onto Access Rd, right onto Lewis Dr. Left on Otter Rd. Right onto Teakwood Dr.

School Information

  • High School District: New Hanover
  • Elementary School: Carolina Beach
  • Middle School: Murray
  • High School: Ashley

Community

  • Association: Yes
  • Assoc. Name: Priestley Management

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Municipal Sewer
  • Water: Public
  • Utility Description: Sewer Connected, Water Connected

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Wood Siding, Wood Frame
  • Roof: Architectural Shingle
  • Entry Floor Number: 2
  • Square Feet: 1,162
  • Year Built: 1983

Lot Features

  • Frontage: Private Road
  • Lot Features: Sound Side
  • Zoning: R-2
  • Fencing (Description): None

Water Features

  • Water Front Desc.: Sound Side

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $387.26
  • Association Fee: $7,699
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $418,200
  • Tax Amount: $1,872.28
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: UNIT 138 BLDG 7 PH 2 OTTER CREEK CONDO
  • Property ID: R08810-003-003-014

Listed by Coldwell Banker Sea Coast Advantage-CB, Cori L McQueen

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Listing agent

— 105 Teakwood Dr #Apt 702 —

  • Cori L McQueen

    Coldwell Banker Sea Coast Advantage-CB

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 105 Teakwood Dr #Apt 702

School District:New Hanover County Schools
NameGradesDistance
Carolina Beach Elementary
400 South 4th Street, Carolina Beach, NC 28428
K-51.5 mi
Charles P Murray Middle
655 Halyburton Memorial Parkway, Wilmington, NC 28412
6-83.4 mi
Eugene Ashley High
555 Halyburton Memorial Parkway, Wilmington, NC 28412
9-123.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 105 Teakwood Dr #Apt 702 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$450,000
53.06%
MLS
11/24/2020
Sold
$294,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 105 Teakwood Dr #Apt 702

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,872
-3%
$418,200
48%
2024
$1,934
3%
$282,400
—
2023
$1,878
-4%
$282,400
—
2021
$1,949
3%
$282,400
—
2022
$1,892
-3%
$282,400
50%
2021
$1,949
29%
$188,800
—
2019
$1,510
3%
$188,800
—
2018
$1,473
-2%
$188,800
—
2017
$1,501
-21%
$188,800
-15%
2016
$1,902
6%
$221,700
—
2015
$1,794
3%
$221,700
—
2014
$1,749
—
$221,700
—
2013
$1,749
—
$221,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 105 Teakwood Dr #Apt 702

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Sea Coast Advantage-CB, Cori L McQueen

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105 Teakwood Drive #Apt 702, Carolina Beach, NC 28428 (MLS# 100568885) is a Condo property with 2 bedrooms and 2 full bathrooms. 105 Teakwood Drive #Apt 702 is currently listed for $450,000 and was received on April 22, 2026. Want to learn more about 105 Teakwood Drive #Apt 702? Do you have questions about finding other Condo real estate for sale in Carolina Beach? You can browse all Carolina Beach real estate or contact a Coldwell Banker agent to request more information.

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