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For sale
  • Price cut: $250K (6/20)
    $1,500,000

    461 E Third Street, Ocean Isle Beach, NC 28469

    4beds
    1,243sqft
    : 
    Single Family Residence
    Built in 1979
    5,227.2 Square Feet Lot
    $1,440,100 Zestimate®
    $1,207/sqft
    $-- HOA

    What's special

    Spectacular ocean viewsModern comfortsOriginal characterPanoramic viewsHurricane-certified roofRecent upgradesStunning sunrises
    Spectacular Ocean Views at this Charming Oceanfront Cottage!!! Welcome to this beautifully updated classic beach cottage, perfectly situated on the coveted East End of Ocean Isle Beach. Offering stunning sunrises and panoramic views of the island's widest beach stretch, overlooking the newly completed jetty (2022) and dual sand dune lines (2025), this fully rebuildable property combines timeless coastal charm with modern resilience and convenience. This four-bedroom, two-bath home has been thoughtfully renovated to provide all the modern comforts while preserving its original character. Nestled in a serene area of private drives yet located on a publicly maintained road, the home offers an ideal blend of privacy and accessibility. You're just a short stroll from two easily accessible beach access points—perfect for carrying all your beach gear with ease. Plus, Ferry Landing Park is a few blocks away for ICWW access as well. Whether you're relaxing on the deck watching the waves roll in, or enjoying the peace of a quiet coastal neighborhood, this property offers the best of island living. Highlights: 4 Bedrooms, 2 Full Baths Spectacular Ocean Views Proven Income Generator: Average net income of $60,000/year (after utilities & insurance) in the summer months over the past 5 years as a successful Airbnb. Hurricane-Certified Roof 2022 Recent Upgrades: Electric Panel Upgrade, Smooth cooktop (2019), 50 Gallon hot water heater (2021), washer & dryer (2023), and new exterior decks (2025). Transferable Insurance Coverage Two Nearby Beach Access Points Public Road Access with Private Drive Privacy Whether you're looking for a serene coastal getaway, a lucrative investment, or both, this Ocean Isle gem delivers. Don't miss this rare opportunity to own one of the most picturesque and resilient properties on the island.
    97 days
    on Zillow
    |
    804
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 20, 2025 at 04:30pm

    Listed by:

    Ann M McEachern 910-465-2244,

    Henry & Company Real Estate,

    Henry McEachern 910-512-4308

    Source: Hive MLS,MLS#: 100507160MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 461 E Third Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Electric
    Features
    • Master Downstairs, Vaulted Ceiling(s)
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,243
    • Total interior livable area: 1,243 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Fencing: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: None, Ocean Front
    • Frontage type: Oceanfront
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 50 x 101 x 50 x 101
    Details
    • Parcel number: 244lh016
    • Zoning: Oi-R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Other
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Municipal Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ocean Isle Beach Island
    HOA
    • Has HOA: No
    Location
    • Region: Ocean Isle Beach

    Financial & listing details

    • Price per square foot: $1,207/sqft
    • Tax assessed value: $517,770
    • Annual tax amount: $2,643
    • Date on market: 5/13/2025
    • Listing terms: Cash,Conventional
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