Welcome to ''Shangri-La'' 2721 W Beach Drive, a truly spectacular oceanfront estate on the highly sought-after west end of Oak Island, where luxury, space, and income potential come together in one unmatched property. Current Rental Projection is IMPRESSIVE at $339,385! This home is equipped with an ELEVATOR and an oceanside elevated, heated POOL. With over 3,700 square feet, 10 generously sized bedrooms, and 7 bathrooms, this exceptional home offers the ultimate in comfort, relaxation, and income-producing opportunity—all just steps from the beach. Completely elevated in both style and design, the home has recently undergone impressive renovations and upgrades, including newly renovated first-floor bathrooms that provide a spa-like experience, an updated kitchen, flooring, new slider doors maximizing the ocean view, decor, and furniture throughout that elevate its appeal. Unlike many island homes that sacrifice comfort for capacity, this residence ensures every guest enjoys ample space and privacy, making it a standout among large rental properties.With a proven track record as a large income-producing property, the numbers speak for themselves: $286,625 on the books for 2024 — $265,000 in 2023 that's before accounting for the recent upgrades. This home isn't just a beautiful coastal getaway—it's a smart investment with real returns.Designed for effortless entertaining and laid-back luxury, the open-concept living area features a cozy fireplace, a chef's kitchen with new quartz countertops, and an expansive dining space—perfect for large groups. Upstairs, a second-floor media area with a wet bar, mini fridge, and TV lounge offers a relaxed spot to unwind. For those seeking ease and accessibility, the elevator serves all floors, so you can skip the stairs and focus on enjoying the views.
Step outside to discover one of the home's most captivating features—an elevated in-deck swimming pool installed in 2020, offering sweeping views of the Atlantic Ocean from your private oasis. Take in the sea breeze from one of three oceanfront decks, or head directly down to the sand. Your private beach paradise awaits.
For sale
$2,950,000
2721 W Beach Drive, Oak Island, NC 28465
10beds
3,800sqft
Est.:
Single Family Residence
Built in 2013
7,840.8 Square Feet Lot
$2,719,100 Zestimate®
$776/sqft
$-- HOA
What's special
Oceanfront estateElevator serves all floorsCozy fireplacePrivate beach paradiseElevated in-deck swimming poolNewly renovated first-floor bathroomsElevated heated pool
- 103 days
- on Zillow |
- 1,488 |
- 81 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 08:06am
Listed by:
Lindsey M Jenkins 910-368-9626,
Century 21 Collective
Source: Hive MLS,MLS#: 100506353

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Fireplace(s), Electric, Heat Pump
Cooling
- Central Air
Features
- Master Downstairs, Tray Ceiling(s), Solid Surface, Ceiling Fan(s), Elevator, Walk-in Shower
- Flooring: Luxury Vinyl, Tile
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas Log
- Furnished: Yes
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, On Site, Paved
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Open, Covered, Deck, Porch
- Pool features: Above Ground, See Remarks
- Fencing: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
- Frontage type: Oceanfront
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 50' x 150'
Details
- Additional structures: Shower
- Parcel number: 234oe01702
- Zoning: OK-CR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Foundation: Other
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Municipal Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Oak Island
Financial & listing details
- Price per square foot: $776/sqft
- Tax assessed value: $1,392,940
- Annual tax amount: $5,873
- Date on market: 5/9/2025
- Listing terms: Cash,Conventional,VA Loan
- Lease term: Weekly
- Road surface type: Paved
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