Refine Search
Map
Sort by
$1,200,000
8 Beds ⋅ 4 Baths ⋅ 100583677 MLS ⋅ ACTIVE Status ⋅ 1973 Year Built
**4 UNITS! WATERWAY VIEWS! ESTABLISHED RENTAL HISTORY!** Rare opportunity to own four income-producing units on Oak Island with Intracoastal Waterway and marsh views. This unique offering consists of two separate parcels, each improved with a duplex, for a total of four rental units. **(This listing includes 518 Norton Dr and 516 Norton Dr. 516 Norton Dr, Lot 9, PID 250CG04401.)** Each unit has an established rental history, providing immediate income potential and making this an attractive addition to an investment portfolio. Whether you're looking to continue operating all four units as rentals, create a family compound, occupy one unit while generating income from the others, or explore future redevelopment opportunities, the possibilities are extensive with this versatile Oak Island property. Perfectly positioned to take advantage of coastal living, residents enjoy beautiful Intracoastal Waterway and marsh views from the shared courtyard and viewing deck. Public beach access is nearby, offering the best of both worlds--easy access to the beach and the relaxing scenery of the waterway. The property has benefited from ongoing ownership improvements over the years, including new roofs on both buildings, while maintaining the character and charm that make Oak Island such a sought-after coastal destination. Conveniently located near local restaurants, shopping, and area attractions, you'll also be just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a long-term hold in a highly desirable beach market, a multi-generational retreat, or a property with future upside potential, this unique offering delivers location, flexibility, water views, and opportunity in one of North Carolina's most desirable coastal communities.

518 Norton St, Oak Island
$1,750,000
5 Beds ⋅ 3 Baths ⋅ 100576142 MLS ⋅ ACTIVE Status ⋅ 2,160 SqFt. ⋅ 1994 Year Built
EXTRAORDINARY OCEANFRONT LOCATION in highly sought after YAUPON area of Oak Island! Oceanfront living at it's best with a heavily vegetated lot spreading across 89' feet of the sandy beach and on a cul-de-sac lot with nice re-development footprint. This home has been in this family for decades and offered as limited rental. This rare property is the quintessential Beach Home, complete with boardwalk and beachside deck. Oceanside double porches allows for family & friends to enjoy the ocean breezes together. Made for year round living or the ideal second home. Walk, bike or ride your LSV to the nearby golf course, or grab your fishing pole and bring home a fresh catch to feed all your family and friends who will be racing to visit! This remarkable property is ideal for year-round living, a personal second home, or collecting rental revenue. Large ground floor storage for all your beach gear. Of course there is an outdoor shower to wash the sand away. Furniture & Appliances are included so you can start enjoying Island life right away rather than going out to shop for furniture. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, pickleball, tennis, basketball, splash pad, dog park, picnic area, boat launches & public docks & water accesses yet NO hoa fees! This home is at the heart of all the fun, so don't delay!

101 Martin Ln, Oak Island

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.