Ad #7374000
MLS #100591472
Multiple six figures in annual rental income. Oceanfront. Newer
387 W First St, Ocean Isle Beach, NC 28469
$4,685,000
10Beds
10Baths
5,390Sqft
0.420Acres
About this property
Multiple six figures in annual rental income. Oceanfront. Newer construction. Elevator. Heated saltwater pool. On the coveted west end of Ocean Isle Beach. Built to maximize both guest experience and investment performance, this 10-bedroom, 8 full bath, 2 half bath oceanfront residence spans more than 5,000 square feet and comfortably accommodates up to 39 guests, making it one of the premier short-term rental properties on the island. Positioned on the highly desirable west end of Ocean Isle Beach, guests can leave the car behind and walk to Le Volte, one of the island's premier dining destinations located just around the corner. This combination of beachfront privacy and walkability to dining is exceptionally rare and consistently drives vacation demand. Designed with exceptional rental performance in mind, the home features elevator access to every floor and handicap-accessible design, allowing guests of all ages and abilities to enjoy the property. The heated oceanfront saltwater pool and spa create a true resort experience, while the expansive outdoor entertaining area includes two gas grills, a 14-foot bar, outdoor kitchen, entertainment center, and low-maintenance artificial turf surrounded by mature palms. Beyond traditional vacation rentals, the property is frequently rented for weddings and events, creating an additional income opportunity. To support these events, the home conveys with a turnkey inventory including 80 wedding chairs, ten 60-inch round dining tables, six 30-inch cocktail tables, three 8-foot banquet tables, and rolling storage carts for easy setup and organization. Inside, guests are welcomed by panoramic Atlantic views from nearly every room. The chef's kitchen is equipped to handle large groups with premium appliances, including a side-by-side refrigerator and full-size freezer, dual sinks, double ovens, an 8-burner range, beverage station with ice maker, and generous prep space. Two laundry rooms further enhance functionality for high-occupancy rentals and extended stays. Expansive oceanfront decks capture both sunrise over the Atlantic and spectacular evening sunsets thanks to the home's coveted south-facing shoreline. A private beach walkover places the sand just steps from your backyard. For investors, North Carolina's coastal market continues to offer compelling advantages over many competing beach destinations. Lower property taxes and operating costs than many coastal markets, combined with strong vacation demand and favorable ownership economics, allow investors to keep more of their rental revenue while building long-term equity in a premier oceanfront asset. Whether you're expanding a luxury vacation rental portfolio, completing a 1031 exchange, or searching for a legacy property that generates meaningful income while your family enjoys it throughout the year, this is an exceptionally rare opportunity to own one of Ocean Isle Beach's high-performing oceanfront homes.
Property Features
10 Beds
10 Baths
5,390 Sqft
Built in 2024
0.420 Acres
3 Stories
Beachview
On Beachfront
Garage, Off Street, Tandem
Siding: Fiber Cement, Wood Frame
Metal Roof
Has Swimming Pool
Forced Air, Heat Pump (Heating), Propane (Heating)
$12,937 / yr property tax
Brunswick County
Islander Resort Community
Additional Photos
Contact Information
Kristen Lueck
Compass North Carolina, LLC The Coley Group Inc
919-434-1302
Location
Listing Agent: Kristen Lueck (License #: 344665) 919-434-1302
Broker: Compass North Carolina, LLC The Coley Group Inc 919-526-0401 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass North Carolina, LLC The Coley Group Inc 919-526-0401 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 28, 2026
Photo Gallery
$4,685,000
10
Beds
10
Baths
5,390
Sqft
387 W First St, Ocean Isle Beach, NC 28469
By contacting this agent you agree to these Terms and Conditions.
MLS# 100591472
Multiple six figures in annual rental income. Oceanfront. Newer
$4,685,000
387 W First St, Ocean Isle Beach, NC 28469
10
Beds
10
Baths
5,390
Sqft
0.420
Acres
$4,685,000
387 W First St, Ocean Isle Beach, NC 28469
10 Beds
10 Baths
5,390 Sqft
0.420 Acres
Multiple six figures in annual rental income. Oceanfront. Newer construction. Elevator. Heated saltwater pool. On the coveted west end of Ocean Isle Beach. Built to maximize both guest experience and investment performance, this 10-bedroom, 8 full bath, 2 half bath oceanfront residence spans more than 5,000 square feet and comfortably accommodates up to 39 guests, making it one of the premier short-term rental properties on the island. Positioned on the highly desirable west end of Ocean Isle Beach, guests can leave the car behind and walk to Le Volte, one of the island's premier dining destinations located just around the corner. This combination of beachfront privacy and walkability to dining is exceptionally rare and consistently drives vacation demand. Designed with exceptional rental performance in mind, the home features elevator access to every floor and handicap-accessible design, allowing guests of all ages and abilities to enjoy the property. The heated oceanfront saltwater pool and spa create a true resort experience, while the expansive outdoor entertaining area includes two gas grills, a 14-foot bar, outdoor kitchen, entertainment center, and low-maintenance artificial turf surrounded by mature palms. Beyond traditional vacation rentals, the property is frequently rented for weddings and events, creating an additional income opportunity. To support these events, the home conveys with a turnkey inventory including 80 wedding chairs, ten 60-inch round dining tables, six 30-inch cocktail tables, three 8-foot banquet tables, and rolling storage carts for easy setup and organization. Inside, guests are welcomed by panoramic Atlantic views from nearly every room. The chef's kitchen is equipped to handle large groups with premium appliances, including a side-by-side refrigerator and full-size freezer, dual sinks, double ovens, an 8-burner range, beverage station with ice maker, and generous prep space. Two laundry rooms further enhance functionality for high-occupancy rentals and extended stays. Expansive oceanfront decks capture both sunrise over the Atlantic and spectacular evening sunsets thanks to the home's coveted south-facing shoreline. A private beach walkover places the sand just steps from your backyard. For investors, North Carolina's coastal market continues to offer compelling advantages over many competing beach destinations. Lower property taxes and operating costs than many coastal markets, combined with strong vacation demand and favorable ownership economics, allow investors to keep more of their rental revenue while building long-term equity in a premier oceanfront asset. Whether you're expanding a luxury vacation rental portfolio, completing a 1031 exchange, or searching for a legacy property that generates meaningful income while your family enjoys it throughout the year, this is an exceptionally rare opportunity to own one of Ocean Isle Beach's high-performing oceanfront homes.
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Property Details
HOME DETAILS
10 Beds
10 Baths
5,390 Sqft
Built in 2024
0.420 Acres
3 Stories
BEACH & VIEW
Beachview
On Beachfront
EXTERIOR
Garage, Off Street, Tandem
Siding: Fiber Cement, Wood Frame
Metal Roof
Has Swimming Pool
INTERIOR
Forced Air, Heat Pump (Heating), Propane (Heating)
FINANCIAL & COMMUNITY
$12,937 / yr property tax
Brunswick County
Islander Resort Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7374000
Viewed
14 times
Listing Status
Active
Added
Jul 24, 2026
Last Refresh
Jul 28, 2026 08:05:58 AM
Listing Information
Data Source
Hive MLS
Source Property ID
100591472
Listing Agent: Kristen Lueck (License #: 344665) 919-434-1302
Broker: Compass North Carolina, LLC The Coley Group Inc 919-526-0401 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass North Carolina, LLC The Coley Group Inc 919-526-0401 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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