Welcome to ''Shangri-La'' 2721 W Beach Drive, a truly spectacular oceanfront estate on the highly sought-after west end of Oak Island, where luxury, space, and income potential come together in one unmatched property. Current Rental Projection is IMPRESSIVE at $339,385! This home is equipped with an ELEVATOR and an oceanside… Read More elevated, heated POOL. With over 3,700 square feet, 10 generously sized bedrooms, and 7 bathrooms, this exceptional home offers the ultimate in comfort, relaxation, and income-producing opportunity--all just steps from the beach. Completely elevated in both style and design, the home has recently undergone impressive renovations and upgrades, including newly renovated first-floor bathrooms that provide a spa-like experience, an updated kitchen, flooring, new slider doors maximizing the ocean view, decor, and furniture throughout that elevate its appeal. Unlike many island homes that sacrifice comfort for capacity, this residence ensures every guest enjoys ample space and privacy, making it a standout among large rental properties.With a proven track record as a large income-producing property, the numbers speak for themselves: $286,625 on the books for 2024 -- $265,000 in 2023 that's before accounting for the recent upgrades. This home isn't just a beautiful coastal getaway--it's a smart investment with real returns.Designed for effortless entertaining and laid-back luxury, the open-concept living area features a cozy fireplace, a chef's kitchen with new quartz countertops, and an expansive dining space--perfect for large groups. Upstairs, a second-floor media area with a wet bar, mini fridge, and TV lounge offers a relaxed spot to unwind. For those seeking ease and accessibility, the elevator serves all floors, so you can skip the stairs and focus on enjoying the views.Step outside to discover one of the home's most captivating features--an elevated in-deck swimming pool installed in 2020, offering sweeping views of the Atlantic Ocean Read Less
Courtesy of Lindsey M Jenkins, Century 21 Collective
Listing Snapshot
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
10
Full Baths
7
Square Ft.
3,800
Lot Size
0.18 Acres
Year Built
2013
MLS Number
100506353
Additional Details
Property Access
Road Type/Frontage: Maintained, Public (City/Cty/St), Paved
Basement
None
Building
Heated SqFt Range: 3500 - 3999, 3,800 heated sqft, Built in 2013, 3 stories, 14 rooms, Construction: Wood Frame, Porch/Balcony/Deck: Balcony, Open, Porch, Covered, Deck, Stories/Levels: 3 Story or More
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