Wake up to breathtaking sunrises, unwind with spectacular sunsets, and experience true oceanfront living from the expansive deck and gazebo of this beautifully updated coastal retreat. Recent renovations include a stunning, fully remodeled kitchen along with updated bathroom vanities and countertops, creating a fresh, move-in-ready space for owners and guests alike. Three of the home's five bedrooms showcase incredible ocean views through floor-to-ceiling windows, bringing the beauty of the coast indoors. Situated on an extra-deep 250-foot lot, you'll enjoy additional space for beach games, gatherings, and relaxation, while the larger lot also provides room for natural dune growth and added separation from the shoreline and buildable footprint . Whether you're searching for a personal beach getaway, an income-producing investment, or the perfect combination of both, this property delivers. With an established rental history generating more than $100,000 in annual gross rental income per year, it's ready for its next owner to step in and continue its success. Located in the heart of Oak Island, you'll have easy access to local favorites including the amphitheater for summer concerts, boat ramps, fishing piers, tennis and basketball courts, playgrounds, a splash pad, dog park, and the popular weekly farmers market - all with no HOA. **Property Highlights:** * 5 Bedrooms | 3.5 Bathrooms * Direct Oceanfront * VE Flood Zone * 250-Foot Deep Lot * $100,000+ Annual Gross Rental Income * Renovated Kitchen, Updated Bathrooms and new HVAC system in the past 5 years * No HOA