438 Oceana Way

Carolina Beach, NC 28428

$4,250,000

5Bedrooms
5Bathrooms
5,325Heated sqft
2000Year built
Oceana Subdivision
Single Family ResidenceProperty subtype
Landmark Sotheby's International RealtyListing office
Will MusselwhiteListing agent
New HanoverCounty
0.28 acres Lot size

About the property

With spectacular views of the Atlantic Ocean, Intracoastal Waterway, sound and marsh, 438 Oceana Way offers a rare opportunity to enjoy both boating and beach living from one exceptional island setting. Two boat slips accompany the property: one at the private dock behind the home and a separate 30- to 35-foot slip deeded to the property at the nearby community marina. Private gated access to the beach is just a short walk away within the community, completing an offering that is difficult to find along the coast.

Offered fully furnished and extensively renovated, this residence is located within gated Oceana on the north end of Carolina Beach. Expansive water views take center stage throughout the home and continue into the backyard, where a large custom saltwater pool overlooks the water. The poolside terrace offers space to relax or entertain. From there, a newly rebuilt Trex boardwalk leads to a renovated gazebo overlooking the Intracoastal Waterway and marsh.

The renovation touched nearly every interior space with updated kitchens and bathrooms as well as new flooring and fresh paint. A former flex space was converted into an additional bedroom, offering more room for family and guests. Other improvements include upgraded appliances, custom stairs and railings, elevator updates and multiple HVAC replacements. The result is a beautifully updated home that makes the most of its extraordinary island setting.

At a glance

Listing details

Full bathrooms
5
Half bathrooms
0
Heated square feet
5,325
Lot acres
0.28
Lot dimensions
56 x 186 x 65 x 186
Stories
4
Zoning
R-1B
HOA
Yes
Waterfront
Yes
Fireplace
Yes

Education

Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley
School district
New Hanover

Complete report

Property features

City
Carolina Beach
Sub-Type
Single Family Residence
County
New Hanover
Location Type
Island
Subdivision
Oceana
Secondary Subdivision
N/A
City Limits
Yes
Marketing City
Carolina Beach
Year Built
2000
# Baths - Total
5
# Bedrooms
5
# Rooms
13
Master Bedroom Level
Non Primary Living Area
Fireplaces Total
1
Waterview
Yes
New Construction
No
Handicap Accessible
Elevator
Appliances/Equip
Built-In Electric Oven; Built-In Microwave; Dishwasher; Disposal; Dryer; Refrigerator; Washer
Boat Slip
Boat Slip Length: 30-35 ft
Construction
Wood Frame
Cooling
Central Air
Dining Room Type
Combination
Entry Level Information
Entry Level: 2
Exterior Finish
Brick Veneer
Other Structures
Gazebo
Foundation
Slab
Exterior Features
Boat Slip; Exterior Kitchen; Gas Grill; Irrigation System; Outdoor Grill; Outdoor Shower
Terms
Cash; Conventional
Furnished
Furnished
Flooring
Hardwood
Fencing
Back Yard; Metal/Ornamental
Interior Features
2nd Kitchen; Ceiling Fan(s); Elevator; Entrance Foyer; Furnished; High Ceilings; Kitchen Island; Walk-in Shower; Walk-In Closet(s)
Garage & Parking
Attached Garage Spaces: 2; Detached Garage Spaces: 0; Total # Garage Spaces: 2; Total Carport Spaces: 0
HOA and Neigh Amenities
Boat Slip - Assign; Gated; Maint - Comm Areas; Maint - Roads; Management; Marina; Waterfront Community; Club Membership: None Selected
Heated SqFt
5000 - 5499
Heating
Heat Pump
Heating System Fuel Source
Electric
Laundry Features
Laundry Room
Lot Water Features
Boat Dock; Deeded Water Access; Deeded Waterfront; Salt Marsh; Sound Side
Patio and Porch Features
Covered; Deck
Parking Features
On Site
Pool Features
In Ground
Roof
Tile
Road Type/Frontage
Paved
Showing Instructions
Gate/Access Code
Levels
3 Story or More
Utilities
Sewer Connected; Water Connected
Sewer
Municipal Sewer
Water Source
Municipal Water
Construction Type
Stick Built
View Type
ICW View; Marsh View; Ocean; Sound View; Water
Frontage Type
ICW Front; Marsh Front; Sound Front
Tax Assessed Value
$5,074,800
Cobra Zone
No
Deed Book
6698
Deed Page
736
Plat Book
33
PID
R08519-002-018-000
Tax Identifier
R08519-002-018-000
Plat Page
346-347
Total Real Estate Property Taxes
$22,719.88
Special Assessments
none
Tax Year
2026
Lot #
20R
Legal
LOT 20R OCEANA I
Directions to Property
From N Lake Park Boulevard, turn left onto Carl Winner Drive. Turn left onto Canal Drive then left onto Virginia Avenue. Take Virginia Avenue straight to the gate for access. Continue onto Oceana Way. The property will be on the right.