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Backup Offers

8509 E Oak Island Dr Unit 5, Oak Island, NC, 28465

$474,900

Home List Price

$5,639*

Closing Credit

3 Bedrooms
2 Full Baths
1,518 SqFt
$313/SqFt
Condo
Schools Nearby

Location

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8509 E Oak Island Dr Unit 5, Oak Island$474,900

Buyer Closing Credits

$5,639*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt, Lighted, Off Street, On Site, Parking Lot, Shared
Year Built2003
HeatingFireplace(s), Forced Air
CoolingCentral Air, Heat Pump
Fireplace1
MLS #100444970
Lot Size0.40 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 8509 E Oak Island Dr Unit 5

Welcome to one of the most expansive condos available on Oak Island! It is perfectly situated in the Yaupon Beach area, to the south side of Oak Island Drive and only 2 blocks to the ocean. This stunning upstairs, furnished end unit offers an unparalleled living experience with its spacious layout and ease of not only getting to the beach but on and off the island as well.As you step inside, you'll be greeted by an open-concept living area that seamlessly blends comfort and style. The modern kitchen is equipped with ample counter space and elegant cabinetry, creating an inviting space for day to day living as well as family gatherings.The property features generously sized bedrooms, each designed with relaxation and maximum bed space in mind. The primary bedroom is conveniently located on the main living level and has plenty of closet space. Additional bedrooms upstairs provide flexibility for guests, a home office, or a hobby room. One of the standout features of this condo is the spacious covered balcony. Perfect for enjoying your morning coffee or even getting some work done on your computer, this outdoor space offers a peaceful retreat with palm tree views. Additionally, this property is not located in a flood zone, providing you with peace of mind and potentially lower insurance costs. These condos very rarely come available, so capitalize on its prime location, spacious interior, and large covered balcony, while creating the ideal blend of comfort and coastal living. Oak Island and Southport offer a friendly, welcoming atmosphere with plenty of recreational activities, events and water view dining options to choose from! Schedule your showing today and experience the best of island life!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Stories: 2
  • Living Area: 1,518 SqFt

Listing Office:

  • Office Name: Salty Air Living LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Stove
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: 1st Floor Master, Blinds/Shades, Furnished, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Lighted, Off Street, On Site, Parking Lot, Shared

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Forced Air
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • South Brunswick High School, Public District Grades 9-12
  • Brunswick County Early College, Public District Grades 9-12
  • South Brunswick Middle School, Public District Grades 6-8
  • Southport Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Long Beach Road, drive south over Barbee Bridge, turn right at the first stop light and destination will be on your left in approximately .3 miles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,900
  • Price Per SqFt: $313/SqFt
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Housing Market Comparison

See how this home compares to others in Oak Island, NC.

Med. Sold Price

$590K

Med. Price/SqFt

$405

Avg. Days On Market

60

# of Sold Homes

59

8509 E Oak Island Dr Unit 5 vs Oak Island

15 DAYS ON ROCKET

-45 Days

$474,900

-$115.1K Less

$313/SqFt

-$93 Less

KEY TAKEAWAY

This property is $115.1K less than the Median Sold Price and $93/SqFt less than other homes in Oak Island, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100444970

Listing Office:

  • Office Name: Salty Air Living LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 8:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,490

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6227511
5
/10
  • Southport Elementary School

  • 701 W 9th St

  • 2.94 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6227512
4
/10
  • South Brunswick Middle School

  • 100 Cougar Rd

  • 7.12 miles

  • Public District Grades 6-8

High School

school-card-donut-6227513
4
/10
  • South Brunswick High School

  • 280 Cougar Rd

  • 7.37 miles

  • Public District Grades 9-12

school-card-donut-6227514
9
/10
  • Brunswick County Early College

  • 50 College Rd NE

  • 12.45 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,347. Most Oak Island, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8509 E Oak Island Dr Unit 5

What is the listing price of this property?

The listing price of 8509 E Oak Island Dr Unit 5 property is $474,900.

What type of property is this?

The property 8509 E Oak Island Dr Unit 5 is a condo located in Oak Island, North Carolina, 28465.

Is this property for sale now?

Accepting Backup Offers: 8509 E Oak Island Dr Unit 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 8509 E Oak Island Dr Unit 5 are:
Southport Elementary School: GreatSchools Rating 5/10
South Brunswick Middle School: GreatSchools Rating 4/10
South Brunswick High School: GreatSchools Rating 4/10
Brunswick County Early College: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 8509 E Oak Island Dr Unit 5 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8509 E Oak Island Dr Unit 5 is 1,518 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8509 E Oak Island Dr Unit 5 is 2003.

Rocket Homes›North Carolina›Brunswick County›Oak Island›28465›8509 E Oak Island Dr Unit 5

This home is located at 8509 E Oak Island Dr Unit 5 in Oak Island, NC and zip code 28465. This 1,518 square foot home, which was built in 2003, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $474,900.

In April 2024, from all listings sold in Oak Island, NC there were more than 4 sold above asking price, over 44 sold below and more than 11 were sold right at the asked price. In April 2024 in Oak Island, NC there were 3.5% more homes for sale than in March 2024. In April 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $590,000.

From Rocket Homes Real Estate and based on county public records data.

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