
238 NE 35th Street · Oak Island, NC 28465
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.
Features & Amenities
Location
Property boundary from county GIS
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Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 7, 2026 | Price Reduced | $664,900 → $649,900 | ▾ $15,000 (2.3%) |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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Last Updated: Oct 7, 2026