Double Lot with Oak Tree
For Sale
$450,000
142 NW 1st Street # 57&58, Oak Island, NC 28465
Wooded, flat double-lot site with 50+50 road frontage and X flood-zone positioning for flexible home building.
Property SizeContact for details
Days on Market157
Property Features for 142 NW 1st Street # 57&58
General Information
Standard status
Active
Property subtype
Land
Zoning
Ok-R-6
Taxes and HOA fees
Annual Taxes
$2,056
Listing Agency:
Coldwell Banker Sea Coast Advantage - SP
(336) 503-7879
Listed By:
Elle Finnigan
(336) 503-7879
Source:
Hamiltonrealtygroupnc
Added: Mar 12
Changed: Aug 8
Last Checked: Jul 7 at 4:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage - SP
Investment Insights
Based on property information with market context.
This offering is a double lot with a combined 50+50 road frontage, presented as wooded and flat ground suitable for residential construction. The property features mature oak trees, providing established shade and a natural setting. With its overall layout as two combined lots, the parcel can support a range of home siting options within the footprint.
Located near the highest elevation on Oak Island, the site is described as an X flood zone area. The remarks further state that lenders do not require flood insurance. The property is also positioned to offer proximity to water-based recreation, with references to the ICW and the beach, along with the Town’s array of amenities.
For buyers looking to build, this lot configuration offers frontage and lot depth potential while maintaining a wooded character. The combination of an X flood-zone designation and mature tree cover may appeal to those who want a residential homesite that feels established without requiring flood insurance per lender guidance. The Town of Oak Island amenities highlighted in the remarks include golf, tennis, basketball, picnic areas, boat launches or public docks, and water access.
Located near the highest elevation on Oak Island, the site is described as an X flood zone area. The remarks further state that lenders do not require flood insurance. The property is also positioned to offer proximity to water-based recreation, with references to the ICW and the beach, along with the Town’s array of amenities.
For buyers looking to build, this lot configuration offers frontage and lot depth potential while maintaining a wooded character. The combination of an X flood-zone designation and mature tree cover may appeal to those who want a residential homesite that feels established without requiring flood insurance per lender guidance. The Town of Oak Island amenities highlighted in the remarks include golf, tennis, basketball, picnic areas, boat launches or public docks, and water access.
Key Highlights
- Double lot with 50+50 road frontage near Oak Island.
- Lot is wooded and flat and described as suitable for building.
- Positioned near the highest elevation in an X flood zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 28465, NC
8,020
Population
10,482
Households
0.8
Avg Household Size
60
Median Age
45%
College-Educated
97%
High-School Grad
10.9 sq mi
ZIP Area
736
Density / Sq Mi
$83,739
Median Household Income
$49,936
Median Earnings
$1,154
Median Rent
$436,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Wooded, flat double-lot site with 50+50 road frontage and X flood-zone positioning for flexible home building.
Where is this residential land & home lot located?
The property is located at 142 NW 1st Street # 57&58 Oak Island, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Double lot with 50+50 road frontage near Oak Island.; Lot is wooded and flat and described as suitable for building.; Positioned near the highest elevation in an X flood zone.
