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$785,000
Property Description
Just in case you forget you're on an island... this backyard will remind you. Welcome to this beautifully maintained 3 bedroom, 2 bath piling home on Oak Island, NC, offering the perfect blend of comfort, functionality, and coastal lifestyle. Designed with a split floor plan, this home features a spacious living area with custom built-ins, a dedicated dining space with built-in shelving, and a large screened-in porch ideal for enjoying coastal breezes year-round. Interior features include bamboo flooring throughout, plantation shutters, custom blinds in the living room, and hurricane shutters, along with a new hot water heater. Downstairs, you'll find an expansive outdoor living and entertaining area, thoughtfully designed to maximize island living. This space includes a custom built bar with cabinetry, dining area, and additional lounge space, creating the perfect setup for hosting or relaxing after a day at the beach. Additional features include hardi plank siding, well irrigation, extra parking for guests, a termite bond, ongoing pest maintenance with Manning's Pest Control, and HVAC servicing with Bell's. The deep lot has been carefully landscaped to create a low-maintenance, private oasis with mature greenery and palm trees that enhance the coastal feel. Enjoy your private salt water pool, along with space for outdoor activities such as putting, cornhole, or bocce. Additional parking provides plenty of room for guests. Ideally located on the northeast side of Oak Island, this home offers a straight shot to the beach just across Oak Island Drive, approximately a 5-minute walk. Convenient to shopping, dining, and local attractions, including Middleton Park, the NE 55th Street boat launch, and the SE 31st Street kayak launch. Why Oak Island? Oak Island offers the perfect blend of convenience and coastal charm with two bridges for easy access, while still feeling like a true escape. Enjoy a golf cart-friendly community, local restaurants and shops, and over 60 public beach access points. Spend your days exploring the Oak Island Golf Course, visiting the historic lighthouse, or launching from nearby boat and kayak access points. With its south-facing beaches, you'll experience some of the most beautiful sunsets on the North Carolina coast, along with year-round community events, scenic walkways, and a laid-back coastal lifestyle. The town of Oak Island has these amenities - this is NOT in an HOA! Whether you're looking for a primary residence, second home, or investment opportunity, this property offers strong potential with rental projections exceeding $57,000. I think I just found your vacation home.
Full Property Details
Full Property Details for 332 NE 40th St
General
- Price: $785,000
- Taxes: $3,773 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100561155
- Updated: 5/13/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Walk-in Closet(s), Vaulted Ceiling(s), Ceiling Fan(s), Blinds/Shades, Walk-In Closet(s)
- Appliances: Built-In Microwave, Built-In Electric Oven, Refrigerator, Disposal, Dishwasher
- Flooring: Bamboo, 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 Closet
Additional Information
- Shared Amenities: Basketball Court, Beach Access, Boat Dock, Dog Park, Golf Course, Pickleball, Playground, See Remarks
- Pool: Yes
- Pool Description: In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Shutters - Functional, Shutters - Board/Hurricane, Outdoor Shower, Irrigation System
- Porch/Patio/Deck: Porch, Screened
Parking
- Parking Features: Covered, Additional Parking, Gravel, On Site
Location
- County: Brunswick
- Subdivision: Tranquil Harbor
- Driving Directions: From Oak Island Publix - Head West on Oak Island Drive, turn right onto NE 40th Street. The house will be on your right before you get to Yacht Drive.
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, Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Composition, Wood Frame
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,324
- Year Built: 2012
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Dimensions: 56 x 156 x 57 x 156
- Frontage: Paved, Paved
- Lot Features: Landscaped
- Zoning: Ok-R-6
- Fencing (Description): Metal/Ornamental, Back Yard, Wood
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $592.9
- Assessment Amount: $544,900
- Tax Amount: $3,773.1
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: L-30 B-106 S-7 Th Plat 5/70-70A
- Property ID: 235lc017
- Lot Number: 30
Listed by RE/MAX Southern Coast, Jordan H Breasseale
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Schools
Schools serving 332 NE 40th St
School District:Brunswick County Schools
| Name | Grades | Distance |
|---|---|---|
Southport Elementary 701 West 9th Street, Southport, NC 28461 | K-5 | 5.1 mi |
South Brunswick Middle 100 Cougar Road, Southport, NC 28461 | 6-8 | 7.3 mi |
South Brunswick High 280 Cougar Road, Southport, NC 28461 | 9-12 | 7.5 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 332 NE 40th St
Date
Details
Price
Change
Source
3/19/2026
Listed
$785,000
232.63%
MLS
10/22/2012
Sold
$236,000
—
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 332 NE 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,282
55%
$544,900
116%
2021
$1,473
-8%
$252,060
-7%
2022
$1,602
11%
$270,780
7%
2020
$1,448
18%
$252,060
20%
2017
$1,223
-16%
$209,220
-17%
2019
$1,448
21%
$252,060
20%
2015
$1,198
21%
$209,220
14%
2014
$988
—
$184,030
—
2013
$988
—
$184,030
—
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 332 NE 40th St
332 NE 40th Street, Oak Island, NC 28465 (MLS# 100561155) is a Single Family property with 3 bedrooms and 2 full bathrooms. 332 NE 40th Street is currently listed for $785,000 and was received on March 19, 2026. Want to learn more about 332 NE 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.
