$480,000
0.17-acre parcel adjacent to Montgomery Slough, steps from the beach
0.17 acres
Lot
This rare West End parcel at 3318 W Dolphin Drive offers the kind of maritime setting most buyers search for: a 50 x 150 ft, 0.17-acre marsh-front lot with direct views across Montgomery Slough and just a short stroll to the Atlantic shoreline. Cleared/partial topography and 50 feet of street frontage present a straightforward canvas for a custom single-family residence designed to capture both marsh and ocean glimpses.
Utilities are in place at the street — public water, municipal sewer, and electric are available — and the lot is zoned OK-R-7 for single-family residential use. These practical advantages, combined with the site’s immediate proximity to tidal waters and public water access to the Intracoastal (approximately 0.5 miles), make this property particularly appealing to buyers who value fishing, boating, and an outdoor coastal lifestyle.
Financially, the parcel is offered as part of a court-ordered sale at $480,000. The assessed land value for 2025 is $320,000 with annual property taxes of $2,464. Recent nearby sales and current market analysis place fair market expectations for similar marsh-front lots in the $450,000–$500,000 range; an adjacent lot with comparable dimensions and features recently sold under similar circumstances. Buyers should note potential environmental and permitting considerations for marsh-front construction and are encouraged to verify setback and build requirements with the Town of Oak Island.
Living here means being steps from sand and saltwater: Atlantic Ocean beach access is roughly 0.1 miles away, Montgomery Slough brushes the property edge, and the Intracoastal Waterway sits conveniently close for weekend boat outings. Oak Island’s West End combines quiet residential streets with direct access to coastal recreation, while Southport Elementary (highly rated) serves the neighborhood; middle and high school options are part of Brunswick County Schools. This is an opportunity to build a thoughtfully sited coastal home where tidal marsh vistas meet easy beach access.
Oak Island’s West End is defined by tidal marshes, quiet residential streets, and easy access to both the Atlantic shoreline and the Intracoastal Waterway. Residents enjoy a low-key coastal lifestyle centered on boating, fishing, and beach time; nearby public water access points make day trips to the ICW simple. The neighborhood benefits from strong elementary school ratings, while island amenities and Southport’s shops and dining are a short drive away. West End appeals to buyers seeking a relaxed seaside community with authentic coastal character.
Oak Island’s market currently favors sellers, driven by limited inventory (approximately 2.5 months supply) and steady appreciation. Area metrics show a median sale price near $720,000, average days on market about 83, and year-over-year appreciation around 6.5% (with roughly 25% growth over five years). Land and single-family lots on Oak Island’s desirable waterfronts and marsh-front locations typically command a premium and can move quickly when properly priced and marketed.
For this property type—vacant residential land in the West End—demand is concentrated among buyers looking to build coastal primary homes or high-performing vacation rentals. Recent comparable transactions (including both raw parcels and recently built homes on larger lots) indicate that buyers are willing to pay for proximity to the ocean and water access. Given the low inventory for marsh-front lots, now is a strategically strong time for sellers; for buyers, preparedness (completed site due diligence, financing or cash readiness, and an early engagement with local permitting authorities) is essential to compete effectively. Attention to environmental permitting and setback rules will shape buildable footprints and project timelines, so factor those into offers and development budgets.
Southport Elementary
Elementary
South Brunswick Middle
Middle
South Brunswick High
High
Excellent access to coastal recreation: Montgomery Slough sits adjacent, the Atlantic Ocean is about 0.1 miles away, and Intracoastal Waterway access is roughly 0.5 miles—ideal for boating, fishing, beach days, and shoreline walks.
Prime marsh-front lot offering a unique opportunity to build a custom coastal home with serene views and easy access to beach and water activities.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$450K
Midpoint
$475K
High
$500K
Sales comparison approach using recent land sales in Oak Island's West End. Adjusted for marsh-front location and proximity to beach access.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Oak Island has experienced steady growth in property values due to its desirable coastal location and amenities.
Located on Oak Island's West End, the property offers direct marsh views and is a short walk to the beach. Nearby public access to the Intracoastal Waterway provides opportunities for boating and fishing.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
Court-ordered sale
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