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$239,900
100605181 MLS
250CG054 - 0.53 acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. § 160A-269. Negotiated offer, advertisement, and upset bids. A city may receive, solicit, or negotiate an offer to purchase property and advertise it for upset bids. When an offer is made and the council proposes to accept it, the council shall require the offeror to deposit five percent (5%) of his bid with the city clerk, and shall publish a notice of the offer. The notice shall contain a general description of the property, the amount and terms of the offer, and a notice that within 10 days any person may raise the bid by not less than ten percent (10%) of the first one thousand dollars ($1,000) and five percent (5%) of the remainder. When a bid is raised, the bidder shall deposit with the city clerk five percent (5%) of the increased bid, and the clerk shall re-advertise the offer at the increased bid. This procedure shall be repeated until no further qualifying upset bids are received, at which time the council may accept the offer and sell the property to the highest bidder. The council may at any time reject any and all offers.isted deadline. Step 1: Submit a Written Offer To begin the process, please submit a written offer via email to mgreene@marccom.com, kjackson@oakislandnc.gov, and lstites@oakislandnc.gov - Subject Line: Offer for 250CG056 & 250CG054 - Required Terms: Purchase price, closing period, and proof of funds. - Note: This initial offer acts as a Letter of Intent and is not a formal contract. Step 2: Town Council Review The Town Council must vote to ''propose to accept'' the initial offer. This review will take place at either the next regularly scheduled meeting or a specially called session. Prospective bidders should understand that bids will be discussed in open session, and the Council will decide in open session whether to accept a offer or not. Step 3: Deposit and Upset Bid Process If the council proposes to accept your offer, you must deposit 5% of the bid amount with the Town Clerk. The clerk will then publish a public notice of the offer pursuant to NC General Statute § 160A-269, which officially opens the 10-day upset bid process. Pursuant to statute, the town holds the deposit. Step 4: Final Approval and Contract Once the upset bid period closes and the final high bidder is determined, the Town Council will pass a resolution authorizing the Town Manager to work with Marguerite Greene (C21 Collective) to execute the formal purchase contract. Step 1: Make an Initial Offer You submit a formal ''Offer to Purchase'' directly to the town for a specific piece of property. Step 2: Town Review & Earnest Money If the town board is interested in your offer, they will pass a resolution to accept it conditionally. You must place a 5% deposit (bid bond or cash deposit) with the town clerk to secure your position while the public bidding period opens. Step 3: The 10-Day Public Challenge Period The town advertises your offer to the public. Other buyers now have 10 days to outbid you. To beat your offer, a competing buyer must submit a ''qualifying upset bid'' This new bid must beat yours by at least 10% of the first $1,000 plus 5% of the remaining balance. They must also submit their own 5% deposit. while the public bidding period opens. Step 4: Winning the Property If no one outbids you within those 10 days, the town board officially awards the property to you. If someone does outbid you, the 10-day clock resets. The advertising process repeats for the new highest bid. This cycle continues until a 10-day period passes with no new higher bids. If you are outbid and choose not to counter-offer, your 5% deposit is safely returned to you. Elizabeth Drive serves as a critical, scenic parallel route to the Intracoastal Waterway (ICW). No HOA Restrictions

288 Elizabeth Dr, Oak Island

$239,900
100605176 MLS
250CG056 - 0.64 Acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. § 160A-269. Negotiated offer, advertisement, and upset bids. A city may receive, solicit, or negotiate an offer to purchase property and advertise it for upset bids. When an offer is made and the council proposes to accept it, the council shall require the offeror to deposit five percent (5%) of his bid with the city clerk, and shall publish a notice of the offer. The notice shall contain a general description of the property, the amount and terms of the offer, and a notice that within 10 days any person may raise the bid by not less than ten percent (10%) of the first one thousand dollars ($1,000) and five percent (5%) of the remainder. When a bid is raised, the bidder shall deposit with the city clerk five percent (5%) of the increased bid, and the clerk shall re-advertise the offer at the increased bid. This procedure shall be repeated until no further qualifying upset bids are received, at which time the council may accept the offer and sell the property to the highest bidder. The council may at any time reject any and all offers.isted deadline. Step 1: Submit a Written Offer To begin the process, please submit a written offer via email to mgreene@marccom.com, kjackson@oakislandnc.gov, and lstites@oakislandnc.gov - Subject Line: Offer for 250CG056 & 250CG054 - Required Terms: Purchase price, closing period, and proof of funds. - Note: This initial offer acts as a Letter of Intent and is not a formal contract. Step 2: Town Council Review The Town Council must vote to ''propose to accept'' the initial offer. This review will take place at either the next regularly scheduled meeting or a specially called session. Prospective bidders should understand that bids will be discussed in open session, and the Council will decide in open session whether to accept a offer or not. Step 3: Deposit and Upset Bid Process If the council proposes to accept your offer, you must deposit 5% of the bid amount with the Town Clerk. The clerk will then publish a public notice of the offer pursuant to NC General Statute § 160A-269, which officially opens the 10-day upset bid process. Pursuant to statute, the town holds the deposit. Step 4: Final Approval and Contract Once the upset bid period closes and the final high bidder is determined, the Town Council will pass a resolution authorizing the Town Manager to work with Marguerite Greene (C21 Collective) to execute the formal purchase contract. Step 1: Make an Initial Offer You submit a formal ''Offer to Purchase'' directly to the town for a specific piece of property. Step 2: Town Review & Earnest Money If the town board is interested in your offer, they will pass a resolution to accept it conditionally. You must place a 5% deposit (bid bond or cash deposit) with the town clerk to secure your position while the public bidding period opens. Step 3: The 10-Day Public Challenge Period The town advertises your offer to the public. Other buyers now have 10 days to outbid you. To beat your offer, a competing buyer must submit a ''qualifying upset bid'' This new bid must beat yours by at least 10% of the first $1,000 plus 5% of the remaining balance. They must also submit their own 5% deposit. while the public bidding period opens. Step 4: Winning the Property If no one outbids you within those 10 days, the town board officially awards the property to you. If someone does outbid you, the 10-day clock resets. The advertising process repeats for the new highest bid. This cycle continues until a 10-day period passes with no new higher bids. If you are outbid and choose not to counter-offer, your 5% deposit is safely returned to you. Elizabeth Drive serves as a critical, scenic parallel route to the Intracoastal Waterway (ICW). No HOA Restrictions

284 Elizabeth Dr, Oak Island

$799,000
100600002 MLS
A rare opportunity to build your custom home on this oceanfront site located on Oak Island. All necessary preparations are already in place. This homesite offers more than an incredible coastal setting--it offers the peace of mind that comes with extensive due diligence already completed, including environmental studies and a letter from the U.S. Army Corps of Engineers confirming no wetlands jurisdiction. The property also benefits from the Town of Oak Island's recent 2025/2026 beach nourishment project, adding to the long-term stewardship of this treasured stretch of coastline. Years of meticulous landscaping and dune maintenance by current owner have created thick, established vegetation throughout the dunes, providing a beautiful natural buffer while enhancing the property's coastal character. The previous building envelope reflected a 46' x 34' buildable footprint, not including decks, there's flexibility to create the oceanfront home you've envisioned--whether a private coastal retreat, vacation rental investment, or both. Buyers are advised to conduct their own survey to confirm building envelope. And the location makes enjoying Oak Island effortless. Spend the morning on the beach, then walk, bike, or take your golf cart to Middleton Park, local shops, restaurants, parks, and, of course, everyone's favorite--ice cream! Oceanfront homesites are rare. A property with this level of preparation, established dune vegetation, and convenient access to the heart of Oak Island is even harder to find.

5211 E Beach Dr, Oak Island

$950,000
100585328 MLS
Exceptional homesites are hard to find, and this oceanfront corner property offers a unique combination of privacy, convenience, and outstanding building potential on Oak Island. Enjoy direct beach access from the maintained public beach walkway beside the property--without public parking beside your future home, offering a level of privacy seldom found among oceanfront corner homesites. The First Line of Vegetation (FLOV) has already been established by CAMA, creating a favorable building opportunity, and a survey is currently underway. Located in the VE flood zone, the property may offer the potential for a three-story design, subject to applicable regulations and approvals. **Bring your own builder, or we can connect you with experienced local builders who can help bring your vision to life.** **Some of the island's most remarkable homes begin with an exceptional homesite--and this property is ready for its next chapter.** Oak Island's south-facing beaches offer the opportunity to enjoy both spectacular sunrises and beautiful sunsets throughout the year. Conveniently located just 16 blocks from Middleton Park, you'll be close to restaurants, shopping, concerts, pickleball, tennis, the splash pad, seasonal events, and all the charm that makes Oak Island one of North Carolina's most sought-after coastal communities. Whether you're planning a full-time residence, a second home, an investment property, or a private coastal retreat, this exceptional property offers the opportunity to create something truly special.

2629 E Beach Dr, Oak Island

$850,000
100585272 MLS
OCEAN VIEWS! CORNER LOT! DIRECT BEACH ACCESS! ROOM FOR A POOL! Build the coastal home you've always envisioned on this exceptional corner homesite located directly across the street from beach access on Oak Island. Offering ocean views, a generous building footprint, and room for a pool, this property provides the flexibility to design a primary residence, second home, or vacation retreat that perfectly fits your lifestyle. One of the features that truly sets this property apart is its location. This section of E. Beach Drive spans only two blocks, resulting in significantly less traffic than many other areas of the island while still placing the beach just steps from your front door. With no other corner lots currently available in this area, opportunities like this are increasingly rare. Conveniently located near Oak Island's restaurants, shopping, parks, and local attractions, you'll enjoy the best of island living with everyday conveniences close at hand. Just minutes away, the historic waterfront town of Southport offers boutique shopping, waterfront dining, festivals, and year-round coastal charm. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, you'll also enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're ready to build your forever home, a luxury beach getaway, or an investment property in one of North Carolina's most desirable coastal communities, this exceptional homesite offers the location, views, and possibilities to bring your vision to life.

6908 E Beach Dr, Oak Island

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