Oak Island Homes under $400,000

Welcome to Oak Island, North Carolina – a hidden gem nestled in Brunswick County, where coastal charm meets vibrant community living! This idyllic seaside town is renowned for its stunning beaches, picturesque landscapes, and a relaxed lifestyle that beckons both residents and visitors alike. With a rich history and a commitment to preserving its natural beauty, Oak Island offers a perfect blend of tranquility and adventure.

For those looking to plant roots in this enchanting locale, you’ll be thrilled to discover that Oak Island boasts a variety of homes available for under $400,000. Whether you’re a first-time homebuyer, seeking a vacation retreat, or looking to downsize, there are options to suit every taste and budget. From cozy beach cottages to modern family homes, each property captures the essence of coastal living, often featuring open floor plans, spacious yards, and proximity to the sparkling Atlantic Ocean.

Residents enjoy a plethora of outdoor activities, from sunbathing on the sandy shores to kayaking in the serene waters of the Intracoastal Waterway. The town’s commitment to preserving its natural beauty is evident in its numerous parks and nature trails, providing ample opportunities for hiking, birdwatching, and exploring the great outdoors.

With a friendly community atmosphere, excellent schools, and a variety of local shops and eateries, Oak Island is not just a place to live; it’s a place to thrive. Come discover your dream home in Oak Island, where the beauty of coastal living awaits you at an affordable price!

Newest Oak Island Homes under $400,000

$329,900

2 Beds ⋅ 1 Baths ⋅ 100607032 MLS

This 2-bedroom, 1-bath Oak Island cottage pairs easy coastal living with a beautiful wooded 0.157-acre lot shaded by mature trees. Fresh paint and LVP flooring throughout give the interior a bright, updated feel, while the well-planned layout makes the most of every room. The spacious kitchen offers plenty of room for everyday meals or casual gatherings and connects conveniently to the laundry room. Outside, the front and rear porches provide inviting places to sip your morning coffee, catch an afternoon breeze, or unwind after a day at the beach. An outdoor shower makes it easy to rinse off the sand, and two backyard storage sheds offer space for bikes, beach gear, and tools; one shed has electrical service. Set on Oak Island's quieter west end, the home is minutes from the beach and close to the public fishing dock on Yacht Drive. The town also offers golf, tennis, pickleball, basketball courts, picnic areas, boat launches, public docks, and multiple water access points, with no HOA fees. Whether you're looking for a year-round home, a coastal getaway, or an investment opportunity, schedule your showing today.

114 Nw 23rd St, Oak Island

Listing courtesy of Listing Agent: Lance Molinaro () from Listing Office: Century 21 Collective.

$400,000

2 Beds ⋅ 1 Baths ⋅ 100603087 MLS

Coastal charm in abundance in this quintessential Oak Island cottage, ideally situated just steps from the Intracoastal Waterway and marsh, and a quick two-minute drive or three-minute golf cart ride to the beach, local dining, and shopping. Frame-worthy curb appeal greets you with a classic white picket fence, lush coastal landscaping, and a dedicated firepit area ready for starlit gatherings. The inviting front screened porch, painted in soft coastal hues, features a ceiling fan, updated lighting, and ample room for both outdoor dining and relaxed lounging. Step inside to a bright main living space defined by a soaring vaulted ceiling with custom woodwork, rich character, a cozy fireplace, and low-maintenance tile flooring. Sunlit windows illuminate the room, which features a clever closet-to-beverage-center conversion perfect for entertaining. The kitchen is smartly designed with a cozy breakfast bar, crisp white backsplash, open shelving, abundant cabinetry, updated lighting, and stainless steel appliances. Down the hall, the primary bedroom is styled with privacy shades and curtains, while the second bedroom is outfitted with bunk beds to maximize sleeping capacity. The updated bathroom features crisp wall and floor tile, an upgraded vanity, modern lighting, and custom shelving. Outdoor living continues seamlessly out back with a second coastal-painted screened porch equipped with ceiling fans and room for dining, opening directly to a private hot tub. A custom raised wooden walkway connects the house to the attached carport, which houses the included washer and dryer and serves as the ideal golf cart perch. In the backyard, two versatile detached outbuildings offer endless flexible potential for a home office, gym, hobby space, or guest quarters. These two buildings are unpermitted. No HOA and not in a flood zone. Complete with built-in hurricane shutters for total peace of mind, this home is the ultimate turn-key retreat for coastal living.

318 Ne 58th St, Oak Island

Listing courtesy of Listing Agent: Hank Troscianiec & Associates () from Listing Office: Keller Williams Innovate-OKI.

$387,000

2 Beds ⋅ 2 Baths ⋅ 100600930 MLS ⋅ Ocean Walk BLDG.

This beautifully maintained 2-bedroom, 2-bath condo in the desirable OceanWalk community on Oak Island could be your new Oak Island beach retreat! Whether you're looking for a relaxing beach getaway, a second home, or an investment property with rental potential, this inviting condo offers the location and lifestyle you've been looking for.Thoughtfully furnished and attractively decorated, the condo is well stocked and move-in ready, making it easy to settle in and start enjoying beach life right away. The open-concept living and kitchen area creates a comfortable gathering space for family and friends, while the well-equipped kitchen has everything you need for both everyday living and vacation stays.Step outside onto the charming balcony and enjoy a peek of the ocean--a lovely reminder of just how close you are to the beach. And close you are! The white sandy beach is just a short stroll away, making morning walks, afternoon swims, and sunset beach time wonderfully convenient.Located on the first level, this unit offers easy accessibility, and the building is equipped with an elevator for additional convenience. You'll also have two dedicated parking spaces, making coming and going a breeze. OceanWalk offers a wonderful setting for enjoying the best of Oak Island, with the beach, restaurants, groceries, ice cream, mini golf, and other island favorites all nearby. After a day in the sun, come home to enjoy the community pool and relaxing sunbathing area, with grills available for an easy evening cookout. Whether you're searching for your own coastal escape or an investment property that can generate rental income,6103 Ocean Walk is a wonderful opportunity to own a piece of Oak Island beach life. Well maintained, nicely furnished, conveniently located, and just a short walk to the sand--this one is ready to enjoy!

105 Se 58th St Unit # 6103, Oak Island

Listing courtesy of Listing Agent: Donna E Findlay () from Listing Office: RE/MAX Southern Coast.

$305,000

3 Beds ⋅ 3 Baths ⋅ 100599858 MLS

This spacious single wide with 3 bedrooms and 2.5 baths is in a great location on a corner lot on NE 66th Street. There is a large screened porch, a carport, back deck and outdoor shower. With over 1400 square feet and lots of living area, this would make a great primary or second home.

202 Ne 66th St, Oak Island

Listing courtesy of Listing Agent: Karen J Wirzulis () from Listing Office: Margaret Rudd Assoc/O.I..

$376,000

2 Beds ⋅ 2 Baths ⋅ 100593388 MLS

Opportunity awaits with this well maintained 2-bedroom, 2 full bath bungalow located less than a mile from the shoreline and only minutes from the 9th Street scenic walkover. Whether you're searching for your next investment or coastal getaway this home offers endless possibilities. Inside, you'll find a functional floor plan with recently installed LVP flooring, an additional sunroom/flex space at the front -- ideal for a home office, reading nook, or extra living area. Step outside to the screened-in back porch overlooking the backyard, complete with a cozy fire pit and a storage shed for beach gear, tools, or lawn equipment. Conveniently located near public beach access and other island attractions, this bungalow is well suited for investors or anyone looking to enjoy the relaxed Oak Island lifestyle. The home is also located in a X flood zone, offering additional piece of mind. Start imagining the possibilities and schedule your private tour today!

603 E Oak Island Dr, Oak Island

Listing courtesy of Listing Agent: James L Forester () from Listing Office: Coldwell Banker Sea Coast Advantage.

$399,900

3 Beds ⋅ 2 Baths ⋅ 100589420 MLS

Enjoy the west end Oak Island location of this three bedroom two bath home. This home can easily be your home away from home, rental investment, or your home sweet home. Aggressively priced, this house boasts an open great room with kitchen and master bedroom with private bath offers plenty of room for your group to stretch out and relax. The beautifully upgraded back veranda is perfect for watching nature. Holiday decorations ,beach chairs and toys can be stored in the good-sized storage building. Convenient to Swain's Cut Bridge for easy access to beaches.

115 Nw 20th St, Oak Island

Listing courtesy of Listing Agent: John G Hamilton () from Listing Office: Better Beach Sales & Rentals, Inc..

5016 E Oak Island Dr Unit Apt 8, Oak Island

$399,900

3 Beds ⋅ 3 Baths ⋅ 100588890 MLS ⋅ Tranquil Harbor BLDG.

Experience effortless coastal living in this exceptional ocean-view condo on Oak Island. Thoughtfully designed to maximize its spectacular views, the open living spaces and private balcony provide the perfect setting for morning coffee or evening relaxation. Just moments from the beach, this turnkey retreat offers an ideal blend of comfort, convenience, and investment potential. Whether you're seeking a permanent residence or second home this is your opportunity to own a piece of Oak Island.

5016 E Oak Island Dr Unit Apt 8, Oak Island

Listing courtesy of Listing Agent: Rodney Keesee () from Listing Office: Coastal Lights Realty.

$355,000

3 Beds ⋅ 2 Baths ⋅ 100581907 MLS

This charming coastal home offers the perfect blend of comfort, convenience, and investment potential. Enjoy a fenced backyard ideal for pets, outdoor gatherings, or simply relaxing in privacy. The screened porch and adjoining deck provide inviting spaces to enjoy the coastal breeze year-round. Located just one full block from direct beach access, you'll be only a short walk from the sand and surf. Mature Water Oak trees surround the property, providing abundant shade and enhancing the home's natural beauty. Designed in a distinctive log cabin style, the home blends coastal living with a mountain-inspired feel that sets it apart from typical beach properties. Inside, you'll find a cozy wood-burning stove that creates the perfect atmosphere for relaxing evenings, making it feel like a getaway in the mountains but by the sea. Whether you're seeking a primary residence, vacation getaway, or income producing property, this home delivers flexibility and value. Currently operating as a successful vacation rental, the property enjoys consistent bookings throughout the peak season, offering excellent potential for buyers interested in continuing its rental use. Book your showing today and experience firsthand the unique blend of beachside living and cozy cabin charm before it's gone!

110 Ne 72nd St, Oak Island

Listing courtesy of Listing Agent: Connor S Perkins () from Listing Office: Art Skipper Realty Inc..

$374,000

2 Beds ⋅ 2 Baths ⋅ 100564870 MLS ⋅ Ocean Walk BLDG.

Turnkey coastal investment opportunity in Oak Island! Welcome to 105 SE 58th Street, Unit 4103--an income-producing two-bedroom, two-bathroom condo ideally positioned for strong short-term rental performance. This bright, open-concept unit is designed for guest appeal, featuring abundant natural light, a modern kitchen with stainless steel appliances, and a convenient breakfast bar perfect for entertaining. No carpet throughout the home offers a clean, low-maintenance environment ideal for both guests and owners. The spacious primary suite includes a recently updated shower, while the second bedroom comfortably accommodates additional guests--maximizing occupancy potential. Offered fully furnished, this condo is truly turnkey--ready for immediate rentals or personal enjoyment from day one. Guests will love the private balcony with coastal breezes and the easy access to Oak Island's sought-after beaches. Community amenities include a pool, elevator access in every building, and covered parking, enhancing convenience and comfort for all guests. Additional improvements such as an updated hot water heater provide peace of mind for owners and visitors alike. Located just minutes from popular dining, shopping, and local attractions, this property checks all the boxes for a high-demand vacation rental. Whether you're looking to expand your portfolio or secure a personal getaway with income potential, this condo offers an exceptional blend of lifestyle and return on investment.

105 Se 58th St Unit # 4103, Oak Island

Listing courtesy of Listing Agent: Victor R Rosado () from Listing Office: Coldwell Banker Sea Coast Advantage.

1000 Caswell Beach Rd Unit Apt. 806, Oak Island

$395,000

2 Beds ⋅ 1 Baths ⋅ 100550399 MLS ⋅ Oak Island Bch Villa BLDG.

Welcome to Oak Island Beach Villas. Experience stunning, direct, unobstructed views of the Atlantic Ocean from this fully furnished 2-bedroom, 1-bath condo in highly desirable Caswell Beach, adjacent to Oak Island. From the living room and private balcony, enjoy sweeping ocean views--plus a rare bonus from the balcony: a view of the iconic Oak Island Lighthouse. This condo is truly a place to relax, unwind, and embrace coastal living. Interior features include a convenient kitchen pass-through with bar seating, granite kitchen countertops, and an open dining and living area designed for easy entertaining. Recent updates in this well-maintained condo include a new HVAC system (2022), shower unit (2023), interior painting and freshly painted kitchen cabinets. Whether you're seeking a personal beach retreat or a smart investment opportunity, this fully furnished condo offers easy move-in readiness as well as an immediate market-ready rental potential. Short-term vacation rentals are permitted, and rental history is available. The community offers exceptional amenities, including an oceanfront pool with refreshing sea breezes, private storage closets, a picnic shelter with grills, outdoor showers, dedicated walkways, and beach access just steps from your door. This prime location is just a short distance from the Oak Island Golf Club, a few miles from the Oak Island Lighthouse and Caswell Beach public access, and close to local restaurants, piers, and Island attractions. The Oak Island ''old bridge'' is only two minutes away, providing convenient access on and off the island, while historic Southport's charming historic downtown is less than a 15-minute drive. Come discover why so many fall in love with this beautiful stretch of the Carolina coast - and it begins here!

1000 Caswell Beach Rd Unit Apt. 806, Oak Island

Listing courtesy of Listing Agent: Valerie C Sancibrian () from Listing Office: Carolina Exclusives.

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