Property listing for 189 E Second St, Ocean Isle Beach, NC 28469
ActiveSingle Family Home

$950,000

189 E Second St, Ocean Isle Beach, NC 28469

Canal-Front Home with Direct ICW Access & Short Walk to Beach

4 Bed · 4.5 Bath · 2,110 Sq Ft

Four private suites, deck with water views, steps from public beach access.

4

Beds

4.5

Baths

2,110

Sq Ft

1984

Built

0.14 acres

Lot

One-car garage plus lower-level storage/rooms

Garage

About 189 E Second St

This canal-front Ocean Isle Beach home delivers waterfront lifestyle and genuine rental upside in a single package. Located on E Second Street with direct Intracoastal Waterway access from your backyard, the house sits just blocks from the Leland Street public beach access — the rare property that lets you trade sand for sailing in minutes.

Step into the well-proportioned main living level where an eat-in kitchen and a casual breakfast nook open to a generous living area designed for gatherings. Every bedroom on the main level functions as a private suite with its own bathroom, giving groups privacy and flexibility; a convenient half-bath on the main floor serves guests. Upstairs you'll find two large additional bedrooms that offer separation and comfort for family or rental guests. Outside, the main-level deck overlooks the canal — the perfect place for evening cocktails, watching boats pass, or launching kayaks.

The lower level houses a one-car garage and two versatile rooms for storing surfboards, bikes, and fishing gear, or converting into a workshop or additional guest space. An enclosed outdoor shower makes rinsing off after a beach day effortless. The house’s coastal bones are solid and ready for cosmetic updating to match your taste — whether you’re seeking a turnkey vacation home or a high-performing short-term rental.

Practical benefits include direct water access for boating and fishing, close proximity to the Ocean Isle Pier and local dining, and an adjacent vacant lot offered separately for buyers seeking more land or development options. With four full suites and 4.5 baths across 2,110 square feet, this property is configured to maximize both leisure and rental returns. Schedule a showing with the listing agent to see how easily the beach and the ICW become part of everyday life here.

Home Highlights

Direct ICW access from private canal-front lotFour bedroom suites + 4.5 baths — excellent rental configurationMain-level deck with water viewsOne-car garage and ample lower-level storageClose walk to public beach access and Ocean Isle Pier

Property Features

Interior Features

  • 4 private bedroom suites on main and upper levels
  • 4.5 bathrooms including main-level half bath
  • Eat-in kitchen with breakfast nook
  • Open living area ideal for groups and entertaining
  • Two upstairs bedrooms provide separation for families

Exterior & Lot

  • Canal frontage with direct Intracoastal Waterway access
  • Main-level deck with water views
  • One-car garage plus two lower-level storage/utility rooms
  • Enclosed outdoor shower
  • Lot size: 6,098 sq ft (approx. 0.14 acres)

Location & Neighborhood

  • Blocks from Leland Street Beach Access and Ocean Isle Pier
  • Quiet residential street with mix of vacation homes and year-round residences
  • Nearby shops and restaurants within short drive
  • Adjacent vacant lot available (separate listing)

Walkability & Recreation

  • Walkability Rating: 65/100
  • Easy beach walk (within a few blocks)
  • Immediate boating, fishing, kayaking from backyard canal
  • Local bike-friendly streets and short drives to marinas

Neighborhood & Location

Ocean Isle Beach is a small, family-friendly barrier island community known for beaches, fishing, and boating. The built environment mixes older coastal cottages with renovated second homes and newer constructions. Local dining, a pier, and small shops serve residents and visitors; larger shopping and services are a short drive inland in Shallotte or Calabash.

Market Insights

Coastal Brunswick County continues to attract buyers seeking second homes, retirement relocations, and short-term rental income. Ocean Isle Beach is a tight market for water-access properties: inventory is limited, and well-priced canal-front homes move quickly during peak seasons. Median home prices in the immediate area are typically lower than the list price here, but canal and direct-ICW properties carry a notable premium. Expect active interest from boat-owning buyers and investor-operators focused on summer bookings. Days-on-market for desirable waterfront listings is shorter than the broader county average; accurate pricing, clear flood-elevation disclosures, and a strong photo set are critical to capture attention.

Nearby Schools

Shallotte Elementary School

Elementary · 6-7 mi (approx)

6/10

Shallotte Middle School

Middle · 6-8 mi (approx)

6/10

West Brunswick High School

High · 7-10 mi (approx)

5/10

Walkability & Recreation

65
Walkability
85
Recreation

Excellent access to coastal recreation: beach walking, pier fishing, boating from canal/ICW, nearby parks and water-based activities.

Investment Highlights

  • Direct canal frontage with immediate Intracoastal Waterway access — strong for boaters.
  • Short walk (blocks) to public beach access (Leland Street Beach Access).
  • Four private bedroom suites plus 4.5 baths — excellent for family use or rental groups.
  • Main-level deck with water views; lower-level storage/garage for toys and gear.
  • Adjacent vacant lot available separately (potential to expand or hedge acquisition).

Key Findings

  • List price: $950,000; reported price per sf: $450.
  • Living area: 2,110 sq ft; Lot: 6,098 sq ft; Year built: 1984.
  • 4 beds, 4.5 baths; main-level living with lower-level garage/storage.
  • Property is canal-front with direct ICW access and close to public beach access.
  • Estimated market value range: $875k–$1.02M (confidence moderate).

Things to Consider

  • Flood zone exposure and potential insurance/elevation upgrade costs.
  • Short-term rental licensing or town restrictions should be confirmed.
  • Age of property (1984) — some systems or finishes may need modernization.
  • Exact utility/service connections (sewer/water) and any recent repairs are not verified.

Opportunity Analysis

Acquire a canal-front coastal home with immediate ICW access and strong seasonal rental/leisure demand. Value exists in optimizing rental operations, modest interior updates, or combining the adjacent vacant lot to increase yield or create a compound.

Potential Use Scenarios

  • If owner-occupier: update kitchens/baths selectively to increase personal enjoyment and resale value.
  • If investor: confirm STR rules, prepare a professional rental management plan, and price competitively for peak season bookings.
  • Consider acquiring the adjacent lot to add guest space, dock improvements, or lot resale arbitrage.

Risk Factors

  • FEMA flood elevation requirements can increase rehab or insurance costs.
  • Seasonal income variability tied to tourism demand.
  • Local zoning/HOA or municipal rules could limit changes or STR operations.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$875K

Midpoint

$948K

High

$1020K

$450/SF estimated price per square foot

65% confidence

Estimate anchored to MLS list price ($950,000) and local coastal market norms. Range reflects +/- ~8% sensitivity for condition, flood-elevation costs, and comparable sales variability. No live comps search performed.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$600,000
Avg Days on Market40 days
Inventory3 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)1,200
Median Income (1 mi)$65,000

Coastal Brunswick County has experienced steady second-home and retiree-driven growth over the past decade, with seasonal population spikes in summer.

Nearby Points of Interest

  • Ocean Isle Pier (approx 0.5 mi)
  • Leland Street Beach Access (blocks away)

Short walk to public beach access, local shops and restaurants on Ocean Isle Beach; marinas and boating access to Intracoastal Waterway within minutes. Nearby towns include Shallotte and Sunset Beach for groceries and services.

School District

DistrictBrunswick County Schools
ElementaryShallotte Elementary (approx rating 6/10)
MiddleShallotte Middle School (approx rating 6/10)
HighWest Brunswick High School (approx rating 5-6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1984
Constructionwood frame (typical for local coastal homes)
Stories2
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.14 acres (6,098 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces2
FrontageCanal frontage on back of lot with direct Intracoastal Waterway access; frontage along E Second St at front.

Utilities

Watermunicipal (likely Ocean Isle Beach or Brunswick County water)
Sewermunicipal (likely sewer connection; many island properties serviced by town sewer)
ElectricDuke Energy Progress or local provider (likely)
Gaspropane or none (natural gas unlikely on island)

Zoning & Land Use

DescriptionTypical single-family residential coastal zoning; small-lot residential along island communities. Check town zoning for setbacks and flood/VE zone rules.
JurisdictionBrunswick County / Ocean Isle Beach

Allowed Uses

Single family residentialAccessory structures per local codeShort term rental subject to town/municipal regulations
Current Useresidential

Tax & Sale History

Tax Assessment

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