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$975,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,721 Sq. Ft.
  • 0.15 Acres
  • 2 Car Garage
  • Updated 14 hours ago
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Sunlight dances across Davis Canal as this better than new beach home with an ELEVATOR in PRIME ISLAND LOCATION rises just steps from SE 40th Street's sand and surf, inviting you into a serene coastal retreat where every day feels like a luxury getaway. This very popular plan was built in 2022 by a respected local builder with custom changes, this home feels substantial and refined, wrapped in durable fiber cement siding with crisp vinyl railings and low maintenance decking that still look and feel like new thanks to gentle use and attentive care. The expansive ground level garage sets the stage for an elevated coastal lifestyle, with abundant room for a boat, multiple vehicles, golf cart, beach gear, and a dedicated workshop space so every aspect of island living has its place. From the garage, the elevator whisks you to the main living level where an open, light filled floor plan unfolds and windows frame tranquil canal views. The living and dining areas flow together with the kitchen at the center, creating a relaxed yet sophisticated space that keeps everyone connected, whether you are hosting friends for a weekend at the beach or savoring a quiet evening at home. Doors open onto generous covered porches stretching across the front and rear of the home, becoming true outdoor rooms where you can dine, lounge, and breathe in the salt air while listening to the distant rhythm of the waves. Thoughtfully separated bedrooms provide peaceful retreats for family and guests, with a primary suite that feels like a private sanctuary and guest rooms that are equally inviting after long days on the sand. Gently lived in and never rented, this furnished home is ready for you to step straight into the Oak Island lifestyle. Whether as a refined primary residence, a cherished second home, or a high end rental with strong income potential, this canal view retreat at 118 SE 40th Street blends luxury finishes, thoughtful design, and rare short stroll to the beach convenience.

Full Property Details for 118 SE 40th St

General

  • Price: $975,000
  • Taxes: $5,595 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 2253
  • MLS ID: 100586514
  • Updated: Today (7/4/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 6
  • Interior Features: High Ceilings, Solid Surface, Kitchen Island, Elevator, Ceiling Fan(s), Furnished
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: LVT/LVP, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Primary Living Area

Other Rooms

  • Laundry: Dryer Hookup, Washer Hookup, Laundry Room

Additional Information

  • Shared Amenities: None
  • Security/Safety: Security System, Security System Leased

Exterior

  • Exterior Features: Outdoor Shower
  • Porch/Patio/Deck: Covered, Deck, Front Porch, Rear Porch, Side Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Workshop in Garage, Garage Faces Front, Additional Parking, Concrete, Off Street, On Site, Paved, Enclosed, Garage, Storage

Location

  • County: Brunswick
  • Subdivision: Long Beach
  • Driving Directions: East Oak Island Drive to SE 40th Street. Property will be on your 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

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

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Fiber Cement, Wood Frame
  • Roof: Architectural Shingle
  • Entry Floor Number: 1
  • Square Feet: 1,721
  • Year Built: 2022

Additional Structures

  • Other Structures: Shower

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,665
  • Lot Dimensions: 61 x 110 x 60 x 111
  • Frontage: Maintained, City Street, State Road, Paved, Paved
  • Lot Features: Ocean Side
  • Zoning: Ok-R-6
  • Fencing (Description): None

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $566.53
  • Assessment Amount: $858,110
  • Tax Amount: $5,595.98
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: TR-F B-159 S-N1 .16 AC LONG BEACH PL 84/38
  • Property ID: 235mg053

Listed by Century 21 Collective, Lindsey M Jenkins

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Listing agent

— 118 SE 40th St —

  • Lindsey M Jenkins

    Century 21 Collective

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 118 SE 40th St

School District:Brunswick County Schools
NameGradesDistance
Southport Elementary
701 West 9th Street, Southport, NC 28461
K-55.2 mi
South Brunswick Middle
100 Cougar Road, Southport, NC 28461
6-87.8 mi
South Brunswick High
280 Cougar Road, Southport, NC 28461
9-128 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 118 SE 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/04/2026
Listed
$975,000
413.16%
MLS
8/12/2021
Sold
$190,000
—
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 118 SE 40th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,278
100%
$858,110
910%
2022
100%
$85,000
—
2020
-100%
$85,000
—
2019
$459
30%
$85,000
31%
2017
$354
1%
$65,000
—
2015
$351
-64%
$65,000
-68%
2014
$987
—
$202,400
—
2013
$987
—
$202,400
—
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 for 118 SE 40th St

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Century 21 Collective, Lindsey M Jenkins

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118 SE 40th Street, Oak Island, NC 28465 (MLS# 100586514) is a Single Family property with 3 bedrooms and 2 full bathrooms. 118 SE 40th Street is currently listed for $975,000 and was received on July 04, 2026. Want to learn more about 118 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.

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