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USANCOcean Isle BeachIslander Resort387 W First St
Listing image | Image 1

387 W First St, Ocean Isle Beach, NC

House

For Sale

Listed price in listed location currency (USD).
$4,685,000

10106

MLS® 100591472

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5390 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.42 Acres
Approx. Age 2024
Avg. Price Per Sqft $869
MLS® Number 100591472

Property Address: 387 W First St, Ocean Isle Beach, NC, 28469-7554

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number100591472
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2024
Basement
DrivewayGarage Faces Front, Attached, Gravel, Off Street, Tandem, Garage, Underhouse
Garage Spaces
HeatPropane, Heat Pump, Forced Air
A/CCentral Air, Ceiling Fan(s), Heat Pump, Multi Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$4,685,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$4,685,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$4,825,000List Price
  • Commute

Commute

Starting Address
Destination Address
387 W First St, Ocean Isle Beach, NC

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