118 SE 40th StreetOak Island, NC 28465Price: $975,000

  • Price: $975,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $975,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.15Acreage
  • 1,721Square Feet

Listing Tools

Listed by Lindsey M Jenkins of Century 21 Collective
Sunlight dances across Davis Canal as this better than new beach home with an ELEVATOR in PRIME ISLAND LOCATION rises just steps from SE 40th Street's sand and surf, inviting you into a serene coastal retreat where every day feels like a luxury getaway. This very popular plan was built in 2022 by a respected local builder with custom changes, this home feels substantial and refined, wrapped in durable fiber cement siding with crisp vinyl railings and low maintenance decking that still look and feel like new thanks to gentle use and attentive care. The expansive ground level garage sets the stage for an elevated coastal lifestyle, with abundant room for a boat, multiple vehicles, golf cart, beach gear, and a dedicated workshop space so every aspect of island living has its place. From the garage, the elevator whisks you to the main living level where an open, light filled floor plan unfolds and windows frame tranquil canal views. The living and dining areas flow together with the kitchen at the center, creating a relaxed yet sophisticated space that keeps everyone connected, whether you are hosting friends for a weekend at the beach or savoring a quiet evening at home. Doors open onto generous covered porches stretching across the front and rear of the home, becoming true outdoor rooms where you can dine, lounge, and breathe in the salt air while listening to the distant rhythm of the waves. Thoughtfully separated bedrooms provide peaceful retreats for family and guests, with a primary suite that feels like a private sanctuary and guest rooms that are equally inviting after long days on the sand. Gently lived in and never rented, this furnished home is ready for you to step straight into the Oak Island lifestyle. Whether as a refined primary residence, a cherished second home, or a high end rental with strong income potential, this canal view retreat at 118 SE 40th Street blends luxury finishes, thoughtful design, and rare short stroll to the beach convenience.

Property Details of 118 SE 40th Street

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"Based on information submitted to Hive MLS as of July 4, 2026 6:54 PM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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