121 1st Street, Oak Island NC

  • 2 Bed
  • 2 Bath
  • 1508 ft2
  • 0.3 ac

For Sale $178,750

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Remarks:

SELLING VIA ONLINE ONLY AUCTION, LIST PRICE IS CURRENT HIGH BID PLUS BUYER'S PREMIUM. Your opportunity to own a beautifully maintained and fully furnished home just minutes from the beach is here! Whether you're looking for a permanent residence, vacation getaway, or investment property, this exceptional Oak Island home checks all the boxes. Situated on a rare 0.28± acre double lot, this spacious 1,508± square foot home offers room to relax, entertain, and enjoy everything coastal living has to offer. Inside you'll find a thoughtfully designed 2-bedroom, 2-bathroom floor plan featuring ceramic tile flooring throughout, elegant ornate crown molding, and the convenience of a central vacuum system. Major updates have already been completed, including recently replaced kitchen appliances and an HVAC system that is less than three years old, allowing you to move in with confidence. Step outside and discover why this property is truly special. The oversized double lot provides privacy and space rarely found this close to the ocean. Enjoy evenings on the secluded patio, rinse off after a day at the beach in the outdoor shower, keep your lawn looking its best with the irrigation system, and store all your beach toys, golf cart, and equipment in the 10' x 24' storage building. Location is everything—and this one is hard to beat. The beach is only about a 5-minute walk away, or take your golf cart for an even quicker ride. Restaurants, shopping, parks, fishing, boating, and all the attractions that make Oak Island one of North Carolina's premier beach communities are just minutes away. Property Highlights include 2 Bedrooms, 2 Bathrooms, 1,508± Square Feet, Large 0.28± Acre Double Lot, Ceramic Tile Throughout, Ornate Crown Molding, Central Vacuum System, Recently Replaced Kitchen Appliances, Fully Furnished, HVAC Less Than 3 Years Old, Irrigation System, Outdoor Shower, Private Outdoor Patio, 10' x 13' detached garage, 10' × 24' Storage Building with heat and A/C, Approximately 5-Minute Walk to the Beach and a Golf Cart Friendly Community. Don't wait for someone else to buy your dream beach home! This is your opportunity to determine the price through our transparent online bidding platform. Register today, complete your due diligence, and be ready to bid. Properties offering this combination of location, condition, updates, and oversized lot seldom become available—and when they do, they don't last long. Bid with confidence. Bid from anywhere. Bid your price. Come see the property at our open house on 8/1/26 from 10 AM to 2 PM. This online only auction ends 8/6/26 at 6pm. Visit auction website to place bids, watch video tour, review auction terms and documents or to ask the auctioneer any questions you may have.

General Information:

List Price: $178,750
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1508 sqft
Parking: Attached Carport
MLS Number: CAR4404040
Subdivision: None
Bathrooms: 2
Year Built: 1980
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
07-22-2026 Listed $178,750 $119
11-18-2025 Under Contract $374,990 $249
11-03-2025 Price Decrease $374,990-6.25% $249
10-16-2025 Listed $399,990 $266

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Southport Elementary 7 miles KG-05 4

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
121 1st Street, Oak Island NC 0 mi $178,750 days
137 4th Street, Oak Island NC 0.3 mi $499,900 days
159 6th Street, Oak Island NC 0.5 mi $534,900 days
118 Dolphin Drive, Oak Island NC 0.5 mi $1,160,000 days
1018 Dolphin Drive, Oak Island NC 0.8 mi $995,000 days
1 to 5 of 5 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28465

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By The Swicegood Group Inc

    121 1st Street, Oak Island NC is a 1508 ft2 on a 0.280 acres Appraisal lot. This is for $178,750. This has 2 bedrooms, 2 baths, and was built in 1980.

    Based on information submitted to the MLS GRID as of 2026-07-22 18:53:53 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.