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387 W First Street

Ocean Isle Beach, NC 28469

10 beds
9 baths
5,022 sqft
~1/2 acre lot
$950 per sqft
2024 build
– on site

This breathtaking, three-story oceanfront home can generate over $400,000 in rental income in a year! This home offers the ultimate beachside retreat, perfectly designed for large families, group getaways, or events. With 10 spacious bedrooms, 8 full baths, and 2 half baths, this home ensures that every guest has room to relax and enjoy the stunning coastal surroundings. From the moment you arrive, you'll be greeted by the grandeur of this expansive property, which features large Smart TVs in every bedroom and common area, allowing for seamless entertainment throughout. The home's exceptional amenities include a heated pool, outdoor kitchen with two gas grills, outdoor shower, lots of decks and covered porches. The main kitchen is equipped with premium appliances including two refrigerators, a full size freezer, 2 sinks, 2 ovens, a 6 burner stove and there is even a beverage station with an ice maker. There are two living areas with Sonos surround sound and ceiling fans throughout the house to provide a refreshing breeze. Enjoy the luxury of having two laundry areas, making it easy to keep up with your family's needs. There is a three stop elevator for those who do not want to take the steps! On the main floor you will find the spacious kitchen and living area that open directly onto the expansive oceanfront deck. The top floor features a beautiful gathering area that leads to another deck with spectacular ocean views plus a serene bedroom suite with a king bed, walk in shower and a separate soaking tub - an ideal retreat for relaxation. This exceptional property has it all, offering luxurious, comfortable living and unparalleled views in one of the most desirable locations! Don't miss your chance to invest in this incredible home!

Listing courtesy of HIVE / Coldwell Banker Sea Coast Advantage

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# 100464466 —

The Building

Year Built:

2024
Construction:

See Remarks, Wood Frame
Construction Type:

Stick Built
Roof:

Metal
Attic:

Access Only
Stories:

3.0
Stories/Levels:

3 Story or More
Basement:

None
Exterior Finish:

Composition, Wood Siding
Foundation:

Pilings
SqFt - Heated:

5,022 Sqft
Exterior Features:

Gas Grill, Outdoor Shower, Storm Windows, Irrigation System
Patio and Porch Features:

Covered, Porch, Deck
Handicap Accessible:

Bathroom, Elevator

Interior

Interior Features:

1st Floor Master, Security System, Wet Bar, Walk-In Closet, Walk-in Shower, Smoke Detectors, Elevator, Pantry, Kitchen Island, Home Theater, Furnished, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
# Rooms:

16
Dining Room Type:

Combination
Flooring:

LVT/LVP, Tile
Fireplace:

None
Laundry Features:

Closet, Room

Financial & Terms

Terms:

Cash, Conventional

Location

Directions to Property:

Cross the OIB bridge and bear right onto W First St. Turn left onto Dawson St and then right onto W First St. House is on the left.
Location Type:

Island
City Limits:

Yes

The Property

Property Type:

A
Subtype:

Single Family Residence
Lot Features:

Dunes, Level
Lot Water Features:

Ocean Side
Lot Dimensions:

59.92x292.03x64.54x291.11
Lot SqFt:

18,731 Sqft
View Type:

Ocean View, Water View
Waterview:

Yes
Waterfront:

Yes
Zoning:

AE
Acres Total:

0.43
Fencing:

Back Yard, Vinyl, Wire
Other Structures:

Outdoor Kitchen
Frontage Type:

Ocean Front
Road Type/Frontage:

Paved, Public (City/Cty/St)

Listing Agent

Contact info:

Taxes

Tax Year:

2024

Beds

Bedrooms:

10

Baths

Total Baths:

10.00
Full Baths:

8
Half Baths:

2

The Listing

UnBranded Virtual Tour:

https://www.zillow.com/view-imx/1cbab79d-69a3-466d-90e2-540296f9eec2?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Heating & Cooling

Heating:

Heat Pump
Heated SqFt:

5000 - 5499
Cooling:

Central, Zoned

Utilities

Utilities:

Municipal Sewer, Municipal Water
Water Heater:

Natural Gas

Appliances

Appliances/Equipment:

Bar Refrigerator, Stove/Oven - Gas, Washer, Vent Hood, Refrigerator, Ice Maker, Freezer, Dryer, Double Oven, Disposal, Dishwasher, Cooktop - Gas

Schools

High School:

West Brunswick

The Community

Subdivision:

Islander Resort
Secondary Subdivision:

N/A
On-Site Pool/Spa:

In Ground
HOA: Association Fee 1/Year:

275.00
HOA and Neigh Amenities:

Club Membership, Tennis Court(s), Maint - Roads, Management
HOA:

Yes

Parking

Garage & Parking: Driveway Spaces:

4.00
Parking Features:

Gravel, Off Street, On Site

Monthly cost estimate

Asking price

$4,775,000

Expense	Monthly cost
Mortgage	$25,568
Taxes	N/A
Insurance	$1,313
Utilities	$268 See report
Total	$27,149/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/15/25 Apr 15, 2025	Price Changed	HIVE	$4,775,000	-2.1%
3/21/25 Mar 21, 2025	Price Changed	HIVE	$4,875,000	-2.5%
12/11/24 Dec 11, 2024	Price Changed	HIVE	$4,999,000	-7.4%

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This house located in Ocean Isle Beach, NC 28469 is currently for sale for $4,775,000. 387 W First Street is a 5,022 square foot house with 10 beds and 9 baths that has been on Estately for 241 days. This house is in the attendance area of Shallotte Middle School, Union Elementary School, and West Brunswick High School.

Listing Courtesy of: HIVE and Coldwell Banker Sea Coast Advantage.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.