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$944,900
Property Description
Canal View Coastal Retreat with direct beach access at the end of SE 40th Street ! This custom-built Moffitt Builders Custom Home offers two en-suites plus a private guest bedroom and bath. It is being offered furnished with select exclusions, and is ideally positioned on the sought-after south side of Oak Island--where water, light, and lifestyle come together effortlessly. Enjoy peaceful, ever-changing views of the Davis Canal and surrounding marshlands, where resident blue herons and white egrets are part of the daily landscape, along with a glimpse of the ocean at the end of the street. Whether it's morning coffee on the porch or unwinding at sunset, this setting captures the essence of coastal living. A double stairway entrance and dual front porches finished with Trex decking and coastal exterior lighting create a welcoming first impression. Built with durability in mind, the home features upgraded impact windows and a reinforced roof for added peace of mind. Inside, five-foot double panel wainscoting, large windows with custom trim, and transom windows in the family room bring in abundant natural light. Ceiling heights add dimension throughout, with 9-foot ceilings in the kitchen and main living areas, 10-foot ceilings in the bedrooms, and a striking 13-foot ceiling in the main living area and front bedroom or TV room. The living space is anchored by a ventless gas fireplace with a substantial white mantle and stone surround. The open-concept layout flows into a well-appointed kitchen designed for both everyday living and entertaining. A large island with quartz countertops, farmhouse sink, and custom cabinetry is complemented by a Samsung dishwasher and refrigerator, GE gas range and oven, white subway tile backsplash, a wine refrigerator, and a custom hood over the stove. Soft-close drawers enhance functionality, and a spacious walk-in pantry with double doors and a built-in microwave adds convenience. Please note, the microwave is not built into the cabinetry. The dining area overlooks the screened-in back porch, where Trex decking, Edison lighting, and canal views create a relaxed outdoor living space ideal for gathering or quiet evenings with the sound of the ocean in the background. Custom lighting and architectural details add character throughout, including antique doors from Egypt that open to a unique linen closet. The primary suite offers a private retreat with detailed trim work, two closets, a luxury soaking tub, tile flooring, a zero-entry walk-in shower, and dual vanities with quartz countertops. The second en-suite bedroom features abundant natural light and a private bath with tile flooring and a tub with tiled surround. A front guest bedroom, currently used as a den, is adjacent to a thoughtfully designed bath with honeycomb tile floors, shiplap walls, a zero-entry shower and fun dynamic tropical wallpaper to accent this small space. The laundry room is located off the back entry and includes a utility sink, wood shelving, a stacked washer and dryer, and access to the grilling deck. Below the home, there is abundant covered space providing room for outdoor living and entertaining, plenty of parking and an outdoor shower. There is one enclosed storage room and an open separate one for your beach gear. The SE 40th St beach access takes just a minute to get to -or enjoy nearby access to Davis Canal where the town provides a convenient area for fishing and kayaking. Just down the street at SE 46th, you'll find cabanas, food trucks, a splash pad, a playground, and outdoor concerts. Oak Island's golf cart-friendly streets make exploring easy. Located just 10 minutes from Southport and approximately 30 minutes to Wilmington International Airport, this home offers an ideal balance of convenience and coastal living. More than a home, this property delivers a lifestyle defined by water views, thoughtful design, and easy access to everything that makes Oak Island special. Call Us for a Showing !
Full Property Details
Full Property Details for 106 SE 40th St
General
- Price: $944,900
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100561148
- Updated: 5/13/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: High Ceilings, Kitchen Island, Ceiling Fan(s), Walk-in Shower, Blinds/Shades, Gas Log
- Fireplace: Yes
- Fireplace(s): Gas Log
- Furnishings: Partially
- Flooring: LVT/LVP, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Deck, Screened, Side Porch
Parking
- Parking Features: Concrete, On Site
Location
- County: Brunswick
- Subdivision: Not In Subdivision
- Driving Directions: From E Oak Island Drive, turn left onto SE 40th St. Home is on the left.
School Information
- High School District: Brunswick County Schools
- Elementary School: Southport
- Middle School: South Brunswick
- High School: South Brunswick
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Composition, Fiber Cement, Wood Frame
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 1,585
- Year Built: 2019
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,445
- Lot Dimensions: 59 x 110 x 59 x 109
- Frontage: City Street, State Road, Paved, Paved
- Zoning: SFR
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $596.15
- Assessment Amount: $703,810
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Tr-D .15 Ac B-159 N-1 Long Beach Pl 84/38
- Property ID: 235mg05202
Listed by Southport Realty, Inc., Katherine Wooten
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Schools
Schools serving 106 SE 40th St
School District:Brunswick County Schools
| Name | Grades | Distance |
|---|---|---|
Southport Elementary 701 West 9th Street, Southport, NC 28461 | K-5 | 5.2 mi |
South Brunswick Middle 100 Cougar Road, Southport, NC 28461 | 6-8 | 7.8 mi |
South Brunswick High 280 Cougar Road, Southport, NC 28461 | 9-12 | 8 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 106 SE 40th St
Date
Details
Price
Change
Source
3/19/2026
Listed
$944,900
700.76%
MLS
4/06/2018
Sold
$118,000
—
Public Record
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
Tax History for 106 SE 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,889
23%
$703,810
68%
2021
$2,346
-1%
$418,280
—
2022
$2,376
27%
$418,280
26%
2020
$1,869
307%
$332,150
291%
2019
$459
30%
$85,000
31%
2018
$354
—
$65,000
—
2017
$354
1%
$65,000
—
2015
$351
255%
$65,000
253%
2014
$99
—
$18,400
—
2013
$99
—
$18,400
—
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
Estimate the Cost for 106 SE 40th St
106 SE 40th Street, Oak Island, NC 28465 (MLS# 100561148) is a Single Family property with 3 bedrooms and 3 full bathrooms. 106 SE 40th Street is currently listed for $944,900 and was received on March 19, 2026. Want to learn more about 106 SE 40th Street? Do you have questions about finding other Single Family real estate for sale in Oak Island? You can browse all Oak Island real estate or contact a Coldwell Banker agent to request more information.
