Single Family Residence at 238 NE 35th Street, Oak Island, NC 28465
Single Family Residence at 238 NE 35th Street, Oak Island, NC 28465, photo 2 of 4
Single Family Residence at 238 NE 35th Street, Oak Island, NC 28465, photo 3 of 4
Single Family Residence at 238 NE 35th Street, Oak Island, NC 28465, photo 4 of 4
4 photos

$649,900

238 NE 35th Street, Oak Island, NC 28465
Oak Island, NC 28465
Listed by John S Dorazio · RE/MAX Southern Coast
Bedrooms
5
Bathrooms
3
Living area
2,564 sqft
Year built
2004

About this home

PRICE REDUCTION. This home is now priced at $649900! Rare find on Oak Island. Three bedrooms and two baths upstairs, two bedrooms and a bathroom downstairs. The downstairs living area is only accessible from the ground level and is not counted in the listed square footage of 1282, but it is the same square footage. The total is 2564 square feet of conditioned space. Enjoy living in the freshly painted upper floor, and have family and guests on the lower level, rent out the lower level, or rent out both levels with all five bedrooms. The lower level has a rental history and generated over $20k a year in longer term rentals, and could generate more from short term rentals. Home has a new roof, and new lower level HVAC system. No carpet in the house! It is all tile, and wood upstairs. LVP flooring on the ground level. All bedrooms upstairs have ceiling fans. Stainless steel appliances, and granite counters in kitchen, plus a pantry. Vaulted ceilings, primary suite has its own bathroom. Two other large bedrooms share a second bathroom. Great room, dining area and laundry closet on the main level. Large screened in covered wrap around deck. Downstairs is ready to rent, fully furnished, and has a large great room, dining area, and kitchenette. Downstairs could be handicap accessible. Down stairs has two bedrooms, plus a flex room that can sleep two people, great room, dining area, full bath, laundry room, and has its own HVAC system. Lower level also has an unconditioned storage room. The driveway, and gravel area could accommodate an RV, boat, or multiple vehicles. Large shed for storage in the back yard.Enjoy life on Oak Island while getting sizable rental income. 35th Street is a great location on the island. Flood zone X so no flood insurance is required.

Property details

MLS
Hive MLS
MLS #
100591496
Property type
Single Family Residence
Subdivision
Tranquil Harbor
Status
Active
Days on market
85
On market date
July 25, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.15 acres
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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
Southport Elementary
5.34 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
432
Student:teacher ratio
13.9:1
District
Brunswick County Schools
Middle
South Brunswick Middle
7.39 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
636
Student:teacher ratio
17.2:1
District
Brunswick County Schools
High
Brunswick County Early College
10.05 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 Oak Island'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).

48
Somewhat walkable
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Google Places amenity density
65 / 100
Restaurants & cafes13
Grocery stores2
Parks10
Schools1
Transit stops0
Pharmacies1

Mortgage calculator

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Est. monthly payment
$4,064/mo
$129,980 down
$519,920 loan
Principal & interest$3,372
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 17 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.