118 SE 40th St

Oak Island NC 28465

1721 sq. ft.

6665 sq. ft.

Single-Family

Last sold for $975,000

Lindsey Jenkins, last sold this property on 03 August 2026 after 30 days on market.

Overview

Sunlight dances across Davis Canal as this better than new beach home with an ELEVATOR in PRIME ISLAND LOCATION rises just steps from SE 40th Street's sand and surf, inviting you into a serene coastal retreat where every day feels like a luxury getaway. This custom plan was built in 2022, this home feels substantial and refined, wrapped in durable fiber cement siding with crisp vinyl railings and low maintenance decking that still look and feel like new thanks to gentle use and attentive care. The expansive ground level garage sets the stage for an elevated coastal lifestyle, with abundant room for a boat, multiple vehicles, golf cart, beach gear, and a dedicated workshop space so every aspect of island living has its place. From the garage, the elevator whisks you to the main living level where an open, light filled floor plan unfolds and windows frame tranquil canal views. The living and dining areas flow together with the kitchen at the center, creating a relaxed yet sophisticated space that keeps everyone connected, whether you are hosting friends for a weekend at the beach or savoring a quiet evening at home. Doors open onto generous covered porches stretching across the front and rear of the home, becoming true outdoor rooms where you can dine, lounge, and breathe in the salt air while listening to the distant rhythm of the waves. Thoughtfully separated bedrooms provide peaceful retreats for family and guests, with a primary suite that feels like a private sanctuary and guest rooms that are equally inviting after long days on the sand. Gently lived in and never rented, this furnished home is ready for you to step straight into the Oak Island lifestyle. Whether as a refined primary residence, a cherished second home, or a high end rental with strong income potential, this canal view retreat at 118 SE 40th Street blends luxury finishes, thoughtful design, and rare short stroll to the beach convenience.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1721 sq. ft. floor area

6665 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Oak Island over the last 12 months, the estimated median property value of 118 SE 40th St is $619.5k.

Median value

$619.5k

Estimated value range

$285k - $1.6m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Oak Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118 SE 40th St

2026

Sold

$975,000

03 Aug 2026 by Lindsey Jenkins, of Century 21 Collective

2021

Sold

Undisclosed

20 Aug 2021 by Christopher Kuhn, of REMAX At the Beach | Oak Island

2019

Sold

$135,000

18 Nov 2019 by John Hamilton, of Better Beach Sales & Rentals, Inc.

Happy sellers in Oak Island

We have insufficient information to provide an overview of customer satisfaction for Oak Island. Viewing the agent profiles, reviews and sales for Oak Island can provide insights for this location.