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149 Oceangreens Lane
Oak Island, NC 28465
Hank Troscianiec & Associates with Keller Williams Innovate-OKI, original listing - (910) 575-6262
$1,399,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4
Property Type
Conventional
Square ft
3662 Square Feet
Property Description
Prepare to be captivated by this extraordinary waterfront sanctuary, a property that redefines luxury and coastal living. Perfectly positioned at the end of an exclusive ¾-mile cul-de-sac, this masterpiece offers unrivaled privacy, tranquility, and breathtaking vistas. With private beach access right at the beginning of the street, including exclusive golf cart and bike parking for residents, and the stunning Piney Creek flowing directly into the Intracoastal Waterway, your paradise awaits. Across the street, the third hole of the Oak Island Golf Course adds an air of refinement, while the rear of the property unveils sweeping mile-long views of pristine marshlands and shimmering waterways, creating an unparalleled backdrop for everyday living. The crown jewel of this estate is the 650-foot private pier, leading to deep water with two meticulously designed boat docks, one equipped with electric lifts for your boat and another floating dock for effortless water adventures. Also available for purchase is the 2017 Key West 17' boat with a low-hours Yamaha 90 hp engine and trailer, ensuring your maritime dreams become a reality. Beyond the waterfront allure, the neighborhood offers a community pool, clubhouse, tennis court and private vehicle/boat storage, alongside a newly re-constructed wooden beach walkway. Spanning over 3,700 square feet, this architectural masterpiece boasts three luxurious levels, featuring 5 bedrooms and 4 full baths, including a fully renovated and beautifully furnished apartment with three private entrances perfect for multi-generational living or generating long rental income. Every inch of this home exudes sophistication, from the newly installed quartz countertops and the $10,000 Murano glass chandelier directly from Italy in the living room to the state-of-the-art elevator upgraded in 2024 for seamless access to every level. The primary suite is a haven of indulgence, featuring spectacular water views, a built-in desk, an in-wall heater, and a spa-inspired master bath with a zero-clearance walk-in shower. The third-floor sunroom/office, with 11 windows, offers a panoramic retreat to soak in the most spectacular views in the house. Additional highlights include a newly enclosed second-floor sunroom with impact-resistant glass, a screened porch, and abundant built-in storage throughout. Step outside to discover your personal Eden, complete with a paver pathway leading to a Trex patio/deck, flanked by raised concrete flower and vegetable beds, perfect for cultivating beauty and fresh bounty. With three newer HVAC systems, efficient utilities, and meticulous upgrades, this property blends cutting-edge modernity with timeless elegance. A true rarity, this estate is not just a home, it's a lifestyle. From serene sunrise views over the water to evenings entertaining on your private dock, every moment here is destined to be unforgettable. Don't miss the opportunity to own this piece of paradise. Your dreams deserve it.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2004
MLS Number
--
Location
Address
149 Oceangreens Lane
City
Oak Island
State
NC
Zip Code
28465
County
BRUNSWICK
Listing
Name
Phone
(910) 575-6262
Office Name
Office Phone
(910) 575-6262
Agent Name
Hank Troscianiec & Associates
Agency Phone
(910) 575-6262

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.