5127 W Beach DR Oak Island, NC 28465 Price Dropped by $10K
UPDATED: 05/18/2026 09:10 AM ON MARKET: 34 days on market
$1,540,000
5 Beds5 Baths3,036 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,036 sqft
Price per Sqft $507
Subdivision Not In Subdivision
MLS Listing ID 100568545
Style Wood Frame,Stick Built
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1966
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50 X 150 x 50 x 150
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
Welcome to 5127 W Beach Drive - fully furnished and truly turnkey, an exceptional oceanfront retreat on Oak Island offering rare, sweeping views of the Atlantic Ocean, Intracoastal Waterway, and Montgomery Slough. Currently on a rental program with strong bookings already in place for the 2026 season, this is a prime opportunity for immediate income and effortless ownership.
Perfectly positioned along the shoreline, this 5-bedroom, 4.5-bath home spans three levels and is designed to comfortably accommodate guests while maintaining privacy, an ideal setup for both personal use and rental performance.
The main living level features three spacious bedrooms, each with its own full bath. Upstairs, the top floor showcases an open-concept layout. The kitchen is both functional and recently updated, featuring butcher block countertops, a gas cooktop with its own propane supply, apron-front sink, and soft-close cabinetry. The space flows seamlessly into the dining and living areas, where two sets of sliding glass doors frame breathtaking ocean views and lead to expansive decking.
Also on the top floor, you'll find an additional bedroom and half bath, offering even more flexibility for guests. A wide-spiral staircase adds architectural charm and enhances the home's unique coastal character. The ground level provides yet another private retreat with a bedroom and full bath, along with a conditioned storage area and dedicated owner's closets, ideal for securely storing personal items while the home is on the rental program.
Outdoor living is where this property truly stands apart. The oceanfront deck provides the perfect setting to take in the sea breeze, entertain guests, and enjoy endless views of the Ocean, With exceptionally well-established dunes that offer added protection and privacy. In a rare and highly sought-after feature, this home offers water views from both sides! Ocean views from the rear decks, while the front deck captures stunning perspectives of the Intracoastal Waterway and Montgomery Slough, allowing you to enjoy both sunrise and sunset skies from your own home.
Additional features include durable LVP flooring throughout, preserved wood ceilings that maintain the home's classic beach character, and a layout that comfortably supports larger groups.
With proven rental performance and strong 2026 bookings already secured, this property is ready to deliver from day one. Whether you're seeking a high-performing investment or your own private oceanfront escape, 5127 W Beach Drive offers a rare combination of location, views, and turnkey convenience.
Oceanfront. Fully furnished. Dual water views. Proven income. This is Oak Island living at its best.
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