#100508434, Listing Office: Margaret Rudd Assoc/O.I.
Property details
About 118 SE 49th St
Welcome to paradise at 118 SE 49th Street, where your beach home dreams come true! Picture this! Waking up in your custom coastal masterpiece, the salty breeze drifting through your windows as the sun rises over the Atlantic. Just steps from direct beach access, this rare land opportunity on the highly coveted SE side of Oak Island is your blank canvas for the ultimate luxury retreat or high-yield commercial venture. Zoned Commercial Recreation (CR), the possibilities are as endless as the ocean views. Imagine your mornings starting with a barefoot stroll to the sugar-soft sand, afternoons spent soaking in the vibrant energy of Middleton Park's concert venue, splash pad, pickleball courts, skate park, and evenings unwinding as the sun melts into the horizon. Need a snack or last-minute essentials? Publix and Dollar General are literally next door--your personal beachside pantry! With no HOA fees, access to golf, tennis, basketball, boat launches, and scenic waterway docks, plus the option to add the adjacent lot at 116 SE 49th Street, this is a once-in-a-lifetime chance to claim your slice of island paradise. Don't just dream of beach life--live it! Whether you're crafting your ultimate island escape or seizing a golden investment opportunity, Oak Island is calling... and the waves are waiting to welcome you home. Conceptual home design and survey documents are included. Home sites can be Build-to-Suit with CD Building Company where they design and construct your home from scratch to meet the homeowner's unique requirements. This includes aspects like floor plan, finishes, and custom features.
Highlights
Summary
- Waterfront: Ocean
- List Price: $439,000
- Directions: West on Oak Island Drive, South on 49th Street, lot will be on your left.
- Lot Size: 0.1 Acres
- MLS Number: 100497984
- Office Name: Discover NC Homes
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 4:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$439,000
118 SE 49th St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Southport Elementary School
Public District KG-5
4.7 mi
•701 W 9th St
6
South Brunswick Charter
Public Charter KG-5
6.3 mi
•2260 Achievement Ave SE
4
Virginia Williamson Elementary School
Public District PK-5
9.0 mi
•1020 Zion Hill Rd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,385. Most Oak Island, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 118 SE 49th St
The listing price of 118 SE 49th St property is $439,000.
The property 118 SE 49th St is land located in Oak Island, North Carolina, 28465.
Active Listing: 118 SE 49th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 118 SE 49th St are: Southport Elementary School (GreatSchools Rating 5/10), South Brunswick Charter (GreatSchools Rating 6/10), Virginia Williamson Elementary School (GreatSchools Rating 4/10), South Brunswick Middle School (GreatSchools Rating 3/10), Cedar Grove Middle School (GreatSchools Rating 6/10), Town Creek Middle School (GreatSchools Rating 3/10), South Brunswick High School (GreatSchools Rating 3/10), Brunswick County Early College (GreatSchools Rating 10/10), Eugene Ashley High School (GreatSchools Rating 5/10).
The property 118 SE 49th St is 0.1 acres.
This home is located at 118 SE 49th St in Oak Island, NC and zip code 28465. Features: 0 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $439,000.
Over 4 listings were sold over their listed price in April 2025 in Oak Island, NC. In the same period over 32 listings were sold below the listed price and 6 listings were sold for the listed price. In April 2025 in Oak Island, NC there were 10.7% more homes for sale than in March. In April 2025, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $625,800.