387 W First ST Ocean Isle Beach, NC 28469
10 Beds
10 Baths
5,390 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,390 sqft
Price per Sqft $869
Subdivision Islander Resort
MLS Listing ID 100591472
Style Wood Frame,Stick Built
Bedrooms 10
Full Baths 8
Half Baths 2
HOA Fees $500/ann
HOA Y/N Yes
Year Built 2024
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 60x292x65x291
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
Built to maximize both guest experience and investment performance, this 10-bedroom, 8 full bath, 2 half bath oceanfront residence spans more than 5,000 square feet and comfortably accommodates up to 39 guests, making it one of the premier short-term rental properties on the island.
Positioned on the highly desirable west end of Ocean Isle Beach, guests can leave the car behind and walk to Le Volte, one of the island's premier dining destinations located just around the corner. This combination of beachfront privacy and walkability to dining is exceptionally rare and consistently drives vacation demand.
Designed with exceptional rental performance in mind, the home features elevator access to every floor and handicap-accessible design, allowing guests of all ages and abilities to enjoy the property. The heated oceanfront saltwater pool and spa create a true resort experience, while the expansive outdoor entertaining area includes two gas grills, a 14-foot bar, outdoor kitchen, entertainment center, and low-maintenance artificial turf surrounded by mature palms.
Beyond traditional vacation rentals, the property is frequently rented for weddings and events, creating an additional income opportunity. To support these events, the home conveys with a turnkey inventory including 80 wedding chairs, ten 60-inch round dining tables, six 30-inch cocktail tables, three 8-foot banquet tables, and rolling storage carts for easy setup and organization.
Inside, guests are welcomed by panoramic Atlantic views from nearly every room. The chef's kitchen is equipped to handle large groups with premium appliances, including a side-by-side refrigerator and full-size freezer, dual sinks, double ovens, an 8-burner range, beverage station with ice maker, and generous prep space. Two laundry rooms further enhance functionality for high-occupancy rentals and extended stays.
Expansive oceanfront decks capture both sunrise over the Atlantic and spectacular evening sunsets thanks to the home's coveted south-facing shoreline. A private beach walkover places the sand just steps from your backyard.
For investors, North Carolina's coastal market continues to offer compelling advantages over many competing beach destinations. Lower property taxes and operating costs than many coastal markets, combined with strong vacation demand and favorable ownership economics, allow investors to keep more of their rental revenue while building long-term equity in a premier oceanfront asset.
Whether you're expanding a luxury vacation rental portfolio, completing a 1031 exchange, or searching for a legacy property that generates meaningful income while your family enjoys it throughout the year, this is an exceptionally rare opportunity to own one of Ocean Isle Beach's high-performing oceanfront homes.
Location
State NC
County Brunswick
Community Islander Resort
Zoning OI-C-1
Direction From downtown Wilmington, take US-17S/US-76W/Wooster St. Keep (R) to take US-17S exit toward Brunswick/County Beaches. Follow for approx 34 mi. (L) onto Ocean Isle Beach Rd SW. At traffic circle, take 2nd exit to stay on Ocean Isle Beach Rd SW. At next traffic circle, take 2nd exit onto Causeway Dr. At next traffic circle, take 1st exit onto W First St. House will be on (L) after approx 1.7 mi.
Location Details Island
Rooms
Primary Bedroom Level Non Primary Living Area
Interior
Interior Features Walk-in Closet(s), High Ceilings, Entrance Foyer, Kitchen Island, Elevator, Ceiling Fan(s), Furnished, Pantry, Walk-in Shower, Wet Bar, Built-in Features, Walk-In Closet(s)
Heating Propane, Heat Pump, Forced Air
Cooling Central Air, Ceiling Fan(s), Heat Pump, Multi Units
Flooring LVT/LVP, Tile
Furnishings Furnished
Appliance Electric Oven, Freezer, Washer, Refrigerator, Ice Maker, Dryer, Double Oven, Disposal, Dishwasher, Tankless Water Heater, Gas Range
Laundry Dryer Hookup, Washer Hookup, Laundry Closet, Laundry Room
Exterior
Exterior Feature Outdoor Shower, Irrigation System, Gas Grill, Outdoor Kitchen, Outdoor Grill
Parking Features Garage Faces Front, Attached, Gravel, Off Street, Tandem, Garage, Underhouse
Garage Spaces 6.0
Pool In Ground, Hot Tub, Private
Utilities Available Cable Available, Sewer Connected, Water Connected
Amenities Available Beach Access, Maintenance Roads, Management, Tennis Court(s), Club Membership
View Ocean, Water
Roof Type Metal
Accessibility Accessible Full Bath, Accessible Approach with Ramp, Accessible Elevator Installed
Porch Covered, Deck, Patio, Balcony, Front Porch, Rear Porch
Garage Yes
Private Pool Yes
Building
Lot Description Dead End, Dunes, Ocean Side
Entry Level Three Or More
Foundation Other, Pilings
Water Public
Level or Stories 4
Structure Type Outdoor Shower,Irrigation System,Gas Grill,Outdoor Kitchen,Outdoor Grill
New Construction No
Schools
Elementary Schools Union
Middle Schools Shallotte Middle
High Schools West Brunswick
Others
Tax ID 257jc020
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Standard
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