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$425,000
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Property Description
Rare opportunity to restore and reimagine a unique waterfront property in Wilmington. Nestled along a peaceful lake, this approximately 2,800-square-foot home offers a setting that is increasingly difficult to find. The property also enjoys additional privacy and open space through ownership of approximately one-half of the adjoining lot, creating the feel of an oversized homesite with a beautiful natural backdrop. The home features 2 bedrooms and 2 full baths, with an existing septic permit for 3 bedrooms. The generous floor plan provides multiple options for redesign, allowing a future owner to maximize both the living space and the property's value. This is a true renovation project and is being offered with that in mind. Aside from the newer roof, the home is ready for a comprehensive update, presenting an outstanding opportunity for investors, renovators, or buyers looking to create their own custom waterfront retreat while building equity. Whether you're searching for your next renovation project, an investment opportunity, or a property to transform into a one-of-a-kind residence, opportunities like this--with a peaceful lakefront setting, added privacy, generous square footage, and tremendous potential--rarely come along.
Full Property Details
Full Property Details for 324 Okeechobee Rd
General
- Sold For: $425,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Annually
- Taxes: $1,668 (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100588589
- Added to Site: 54 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Concrete, Off Street, Garage
Location
- County: New Hanover
- Subdivision: Ocean Forest Lakes
- Driving Directions: Follow River Road and turn onto Watauga the main entrance to Ocean Forest Lakes. Follow Watauga to a left onto Okeechobee. Follow to house on right
School Information
- High School District: New Hanover
- Elementary School: Anderson
- Middle School: Murray
- High School: Ashley
Community
- Association: Yes
- Assoc. Name: Ocean Forest Lakes Homeowners Association, INC.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump, Electric, None
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Block, Wood Siding, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 2,850
- Year Built: 1986
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 26,005
- Lot Dimensions: irregular
- Frontage: Private Road, Paved, Paved
- Lot Features: See Remarks
- Zoning: R-15
- Fencing (Description): None
Water Features
- Water Front: Yes
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $149.12
- Association Fee: $475
- Assoc Fee Freq.: Annually
- Assessment Amount: $440,700
- Tax Amount: $1,668.06
- Tax Year: 2025
- Terms: Construction to Perm., Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LT 45R & 45A OCEAN FOREST LAKES I
- Property ID: R08112-004-011-000
- Lot Number: 45r and 45a
Listed by Intracoastal Realty Corporation, Tidewater Property Group
Sold by 1st Class Real Estate Coastal Choice, Jan Roggeman
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Schools
Schools serving 324 Okeechobee Rd
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Edwin A. Anderson Elementary 455 Halyburton Memorial Parkway, Wilmington, NC 28412 | K-5 | 0.3 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 0.6 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 0.5 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 324 Okeechobee Rd
Date
Details
Price
Change
Source
8/21/2026
Sold
$425,000
—
MLS
7/13/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
324 Okeechobee Road, Wilmington, NC 28412 (MLS# 100588589) is a Single Family property that was sold at $425,000 on August 21, 2026. Want to learn more about 324 Okeechobee Road? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

