Single Family Residence at 140 E First Street, Ocean Isle Beach, NC 28469

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$3,250,000

140 E First Street, Ocean Isle Beach, NC 28469

Ocean Isle Beach, NC 28469

Listed by Frances Warner Real Estate Group · Coldwell Banker Sea Coast Advantage

Bedrooms

Bathrooms

6.5

Living area

3,558 sqft

Year built

2012

About this home

Experience the ultimate coastal getaway with this stunning oceanfront home in Ocean Isle Beach--perfectly designed as a high-performing vacation rental for families and large groups. This spacious property features 7 beautifully appointed bedrooms, including two bunk rooms ideal for kids or extra guests, along with 6.5 bathrooms to ensure comfort and convenience for everyone. The heart of the home is a large, well-equipped kitchen, complete with double ovens, two dishwashers, an ice maker, and an expansive island with breakfast bar seating for eight--perfect for entertaining or gathering after a day on the beach. The open-concept living room and dining area are filled with natural light and offer seamless access to a large covered deck overlooking the ocean, creating the perfect indoor-outdoor living experience. The main dining table comfortably seats eight, with an additional smaller table for four--ideal for games, puzzles, or casual meals. An elevator with three stops provides easy access to all levels of the home. The second floor features a cozy sitting area and four bedrooms. Two of the bedrooms open directly onto another covered oceanfront deck--offering private spaces to relax and take in the views. Outside, enjoy your own private oasis with an in-ground pool, a convenient outdoor shower, and a direct walkway leading to the sandy beach just steps away. Whether you're looking for a personal retreat or a lucrative rental investment, this exceptional oceanfront property delivers comfort, space, and unforgettable coastal living. For information about our preferred lender and the incentives you may qualify for, please ask your agent to review the agent comments for additional details.

Highlights

Waterfront

Property details

MLS: Hive MLS
MLS #: 100561409
Property type: Single Family Residence
Subdivision: Not In Subdivision
Status: Active
Days on market: 216
On market date: March 19, 2026
Stories: N/A
Total bathrooms: 6.5
Garage spaces: N/A
Parking spaces: N/A
Lot size: 0.17 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary

Union Elementary

5.13 mi away · Grades 0-5

Zoned school (attendance boundary, 2015-16 data)

4.0

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: B (2025)

Enrollment: 539
Student:teacher ratio: 15.0:1
District: Brunswick County Schools

Middle

Shallotte Middle

5.59 mi away · Grades 6-8

Zoned school (attendance boundary, 2015-16 data)

3.0

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: C (2025)

Enrollment: 674
Student:teacher ratio: 17.3:1
District: Brunswick County Schools

High

Brunswick County Early College

15.14 mi away · Grades 9-13

Zoned school (attendance boundary, 2015-16 data)

3.8

Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating

State rating: A (2025)

Enrollment: 365
Student:teacher ratio: 33.2:1
District: Brunswick County Schools

Walkability

Blended score for Ocean Isle Beach's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Somewhat walkable

out of 100

EPA National Walkability Index

9.2 / 20 -- Below average walkable

Google Places amenity density

55 / 100

Restaurants & cafes20

Grocery stores2

Parks9

Schools0

Transit stops0

Pharmacies0

Market position

How this listing compares to current activity in Ocean Isle Beach, from live MLS data.

On the market 216 days -- 93 more days than Ocean Isle Beach's current average of 123 days.

For reference, the median list price across 360 active listings in Ocean Isle Beach right now is $429,900.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$19,722/mo

$650,000 down

$2,600,000 loan

Principal & interest$16,864

Property tax (est.)$2,708

Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.