$530,000

3 bd · 2 ba · 1,396 sq ft

3701 E Oak Island Drive

Oak Island, NC, 28465

Hive MLSListed by Coldwell Banker Sea Coast Advantage

About this home

Opportunity and potential come together at this Oak Island property situated on a double lot on the southeast side of E Oak Island Drive. Just a few blocks from the beach access at SE 40th Street, this 3-bedroom, 2-full-bath home offers an appealing location and plenty of possibilities for a buyer with vision. Inside, the home features a spacious living room, kitchen, dining room, two bedrooms, two full baths, and a bright sunroom. The primary bedroom adds character with its vaulted wood ceiling and exposed beams. The home is ready for updating and some care and love, giving a new owner the opportunity to renovate and personalize it to suit their needs. Outside, mature trees provide a shaded coastal setting with a large patio and deck for relaxing and entertaining. A parking pad and driveway, conveniently accessed from SE 37th Street rather than E Oak Island Drive, provide easy off-street parking. Storage is another bonus, with an approximately 158-square-foot enclosed storage area attached to the home as well as a separate approximately 338-square-foot shed. For investors, the .38-acre double-lot configuration adds another interesting dimension. Subject to applicable zoning, subdivision requirements, and approvals, there may be potential to remove the existing home and subdivide the property into two approximately .19-acre buildable lots, creating an entirely different investment opportunity. Whether the goal is to renovate the existing home for a primary residence, second home, vacation property or investment, or explore the longer-term possibilities of the double lot, 3701 E Oak Island Drive offers location, land and potential just a few blocks from the beach.

Facts

Type
Single Family Residence
Year built
1960
Lot
0.38 acres
County
Brunswick
MLS #
100595942

Features

Inside

  • Walk-in Shower
  • Blinds/Shades
  • Carpet
  • Laminate
  • Built-In Microwave
  • Refrigerator
  • Dishwasher
  • Electric Range

Outside

  • Corner Lot

Parking

  • Concrete

Heating & cooling

  • Heat Pump
  • Electric
  • Forced Air
  • Central Air

Schools

Elementary
Southport
Middle
South Brunswick
High
South Brunswick

As listed in the MLS (Brunswick County Schools). School assignments can change — confirm with the district for this address.

Monthly payment estimate

$3,333/mo

  • Principal & interest (30-yr fixed)$3,157
  • Property taxes (2025 bill)$176

Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.

Recent sales like this nearby

HomeSoldBd / BaSq ftPrice$ / sq ft
101 NE 40th Street, Oak IslandAug 21, 20263 / 21,500$500,000$333
107 SE 35th Street, Oak IslandJul 10, 20263 / 21,308$465,000$356
3702 E Dolphin Drive, Oak IslandMay 28, 20263 / 21,600$1,050,000$656
106 SE 40th Street, Oak IslandJun 22, 20263 / 31,585$900,000$568

Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.

Buying in Oak Island? Local guides

About 3701 E Oak Island Drive

3701 E Oak Island Drive is a 3-bedroom, 2-bath home of about 1,396 square feet, built in 1960, on 0.38 acres, Oak Island, Brunswick County, NC 28465.

At $530,000, it's 15% below the median asking price ($624,500) of the 118 other 3-bedroom listings for sale in Oak Island today.

That's about $380 per square foot, compared with a Oak Island median of $429.

Across ZIP 28465, 361 3-bedroom homes sold in the past year at a median of $590,000.

Buying 3701 E Oak Island Drive

  1. See it in person. Pick a time and we'll call to confirm — often same day.
  2. Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
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Questions about 3701 E Oak Island Drive

How much is 3701 E Oak Island Drive?

3701 E Oak Island Drive is listed at $530,000 (about $380 per square foot) as of September 23, 2026. Status: active under contract.

How many bedrooms and bathrooms does 3701 E Oak Island Drive have?

3 bedrooms and 2 bathrooms, with about 1,396 square feet.

When was 3701 E Oak Island Drive built?

1960.

Who is the listing broker for 3701 E Oak Island Drive?

Coldwell Banker Sea Coast Advantage (MLS #100595942). The Buddy Blake Team can show it to you and answer questions.

Can I tour 3701 E Oak Island Drive?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Coldwell Banker Sea Coast Advantage via Hive MLS.