$4,250,000

5 bd · 5 ba · 5,325 sq ft

438 Oceana Way

Carolina Beach, NC, 28428 · Oceana

Listed 5 days ago

Hive MLSListed by Landmark Sotheby's International Realty

Video tour

About this home

With the Atlantic Ocean, Intracoastal Waterway, sound and marsh all within view, this extensively renovated residence occupies one of the most compelling settings in Carolina Beach. Offered fully furnished and located within the premier gated community of Oceana on the north end of the island, the property offers exceptional boating access and resort-style outdoor living surrounded by incredible scenery. Expansive water views take center stage throughout the home and continue into the backyard where a large custom saltwater pool serves as the focal point. The pool and surrounding terrace create an exceptional setting for relaxing or entertaining while overlooking the water and marsh. From the pool area a newly rebuilt Trex boardwalk leads to the renovated gazebo and private dock with dedicated slips for a boat and jet ski. Keep your boat just beyond the backyard or take advantage of the separate 30- to 35-foot slip that conveys at the community marina. With private beach access nearby, boating, poolside afternoons and days on the sand are all within easy reach. The renovation touched nearly every interior space with updated kitchens and bathrooms as well as new flooring and fresh paint. A former flex space was converted into an additional bedroom offering even more room for family and guests. Other improvements include upgraded appliances, custom stairs and railings, elevator updates and multiple HVAC replacements. Few properties offer this combination of commanding views, multiple boat slips, a private pool and convenient beach access from one exceptional setting.

Facts

Type
Single Family Residence
Year built
2000
Lot
0.28 acres
Garage
2 spaces
HOA
$4,000 / annually
Community
Oceana
County
New Hanover
MLS #
100604114

Features

Inside

  • Walk-in Closet(s)
  • High Ceilings
  • Entrance Foyer
  • Kitchen Island
  • Elevator
  • 2nd Kitchen
  • Ceiling Fan(s)
  • Furnished
  • Walk-in Shower
  • Walk-In Closet(s)
  • Hardwood
  • Built-In Microwave
  • Built-In Electric Oven
  • Washer
  • Refrigerator
  • Dryer

Outside

  • Outdoor Shower
  • Irrigation System
  • Gas Grill
  • Outdoor Kitchen
  • Outdoor Grill
  • Boat Slip
  • Boat Dock
  • Deeded Water Access
  • Deeded Waterfront
  • Salt Marsh
  • Sound Side
  • ICW
  • Marsh
  • Ocean
  • Sound
  • Water

Community

  • Waterfront Community
  • Boat Slip - Assigned
  • Gated
  • Maintenance Common Areas
  • Maintenance Roads
  • Management
  • Marina

Parking

  • On Site

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Carolina Beach
Middle
Murray
High
Ashley

As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.

Monthly payment estimate

$27,546/mo

  • Principal & interest (30-yr fixed)$25,320
  • Property taxes (2026 bill)$1,893
  • HOA dues$333

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
1501 Canal Drive, Carolina BeachJun 11, 20267 / 75,825$2,020,000$347
1206 Canal Drive A&B, Carolina BeachJun 16, 20268 / 74,970$1,580,000$318
208 Oak Outlook Way N, Carolina BeachApr 9, 20264 / 54,330$1,550,000$358

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

Buying in Carolina Beach? Local guides

About 438 Oceana Way

438 Oceana Way is a 5-bedroom, 5-bath home of about 5,325 square feet, built in 2000, on 0.28 acres in Oceana, Carolina Beach, New Hanover County, NC 28428.

At $4,250,000, it's 361% above the median asking price ($921,950) of the 10 other 5-bedroom listings for sale in Carolina Beach today.

That's about $798 per square foot, compared with a Carolina Beach median of $469.

Across ZIP 28428, 24 5-bedroom homes sold in the past year at a median of $1,420,000.

It has been on the market for 6 days.

Buying 438 Oceana Way

  1. See it in person. Pick a time and we'll call to confirm — often same day.
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Questions about 438 Oceana Way

How much is 438 Oceana Way?

438 Oceana Way is listed at $4,250,000 (about $798 per square foot) as of September 23, 2026. Status: for sale.

How many bedrooms and bathrooms does 438 Oceana Way have?

5 bedrooms and 5 bathrooms, with about 5,325 square feet.

What neighborhood is 438 Oceana Way in?

Oceana, in Carolina Beach, New Hanover County, North Carolina.

How long has 438 Oceana Way been on the market?

6 days.

Is 438 Oceana Way waterfront?

Yes — the MLS lists it as a waterfront property.

Does 438 Oceana Way have an HOA fee?

Yes: $4,000 (annually), per the MLS.

When was 438 Oceana Way built?

2000.

Who is the listing broker for 438 Oceana Way?

Landmark Sotheby's International Realty (MLS #100604114). The Buddy Blake Team can show it to you and answer questions.

Can I tour 438 Oceana Way?

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

Listing provided by Landmark Sotheby's International Realty via Hive MLS.