438 Oceana Way Carolina Beach, NC $ 4,250,000
438 Oceana Way
$ 4,250,000
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438 Oceana Way

Carolina Beach, NC, 28428
$ 4,250,000
Bedrooms5 Baths5.0 Sq 5,325

Monthly Estimate*

$ 26,835

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Single Family Home for sale in Carolina Beach, NC

for $4,250,000 with 5 bedrooms and 5 full baths. This 5,325 square foot home was built in 2000 on a lot size of 0.28.

With spectacular views of the Atlantic Ocean, Intracoastal Waterway, sound and marsh, 438 Oceana Way offers a rare opportunity to enjoy both boating and beach living from one exceptional island setting. Two boat slips accompany the property: one at the private dock behind the home and a separate 30- to 35-foot slip deeded to the property at the nearby community marina. Private gated access to the beach is just a short walk away within the community, completing an offering that is difficult to find along the coast. Offered fully furnished and extensively renovated, this residence is located within gated Oceana on the north end of Carolina Beach. Expansive water views take center stage throughout the home and continue into the backyard, where a large custom saltwater pool overlooks the water. The poolside terrace offers space to relax or entertain. From there, a newly rebuilt Trex boardwalk leads to a renovated gazebo overlooking the Intracoastal Waterway and marsh. The renovation touched nearly every interior space with updated kitchens and bathrooms as well as new flooring and fresh paint. A former flex space was converted into an additional bedroom, offering more room for family and guests. Other improvements include upgraded appliances, custom stairs and railings, elevator updates and multiple HVAC replacements. The result is a beautifully updated home that makes the most of its extraordinary island setting.

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Single Family Active

Price

$ 4,250,000

Bedrooms

5

Full Bath

5

Property Type

Single Family

Taxes

$ 22,719

Style

Single Family Residence

Lot Size

0.28

Year Built

2000

Town/City

Carolina Beach

County/Region

New Hanover

MLS | Web ID

100604114

Features
General
Living Area 5325.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Tile
Appliances Built-In Microwave Built-In Electric Oven Washer Refrigerator Dryer Disposal Dishwasher
Zoning R-1B
HOA Fee 4000.0
Garage Spaces 2.0
Patio/Porch Features Covered Deck
Pool Features In Ground
Construction Materials Brick Veneer Wood Frame
Year Built 2000
View ICW Marsh Ocean Sound Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2026
Taxes 22719.88
Parcel Number R08519-002-018-000
Waterfront Features Deeded Water Access Deeded Waterfront Salt Marsh Sound Side
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Annually
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities Waterfront Community Boat Slip - Assigned Gated Maintenance Common Areas Maintenance Roads Management Marina
HOA Y
Attached Garage Y
Subdivision Name Oceana
Garage Y/N Y
Other Structures Gazebo
Total Rooms 13
Full Baths 5
Status Active
Directions From N Lake Park Boulevard turn left onto Carl Winner Drive. Turn left onto Canal Drive then left onto Virginia Avenue. Take Virginia Avenue straight to the gate for access. Continue onto Oceana Way.
High School Ashley
City Carolina Beach
Association Name Oceana Oceana Association
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 12197.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Carolina Beach
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Murray
Lease Considered Y/N N
Virtual Tour https://player.vimeo.com/video/1228574154?h=ae73a5a725&badge=0&autopause=0&player_id=0&app_id=58479
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 5074800
Tax Lot 20R
Legal Description LOT 20R OCEANA I
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Interior
Interior Amenities Walk-in Closet(s) High Ceilings Entrance Foyer Kitchen Island Elevator 2nd Kitchen Ceiling Fan(s) Furnished Walk-in Shower Walk-In Closet(s)
Flooring Hardwood
Furnished Y/N Furnished
Master Bed Level Non Primary Living Area
Total Stories 4
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 5
Entry Level 2
Room Type Master Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Other Living Room Den Dining Area Dining Room Office Media Room Laundry
Total Baths 5
Living Area Range 5000 - 5499
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Exterior
Exterior Amenities Outdoor Shower Irrigation System Gas Grill Outdoor Kitchen Outdoor Grill
Exterior Finish Brick Veneer
Fencing Metal/Ornamental Back Yard
Parking Features On Site
Lot Features Boat Slip Boat Dock Deeded Water Access Deeded Waterfront Salt Marsh Sound Side
Water Source Public
Total Parking 2.0
Lot Size Area 0.28
Foundation Details Slab
Spa N
Building Area Total 5325.0
Lot Dimensions 56 x 186 x 65 x 186
Lot Size Acres 0.28
Road Surface Type Paved
Frontage Type Marsh Front ICW Front Sound Front
Waterfront Y/N Y
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 438
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* Excluded Features
List By
Will Musselwhite

Listing Agent

Landmark Sotheby's International Realty

Broker

will.musselwhite@sothebysrealty.com

Email

Affordability Calculator

$28,728
Per Month
93%
7%
0%
Monthly Principal & Interest
$26,835
Monthly Property Taxes
$1,893
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736267 Elementary School
4735583 Middle School
Ashley High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$4,250,000 Listed Price

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438 Oceana Way, Carolina Beach, NC, 28428 is a Single Family Home for sale at $4,250,000 with 5,325 sqft and a lot size of 0.28. 438 Oceana Way has 5 bedrooms, 5.0 baths, and was built in 2000. The property's zip code is 28428 which is in Carolina Beach, NC