28465 Homes under $500,000

28465 Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in 28465 and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest 28465 Homes under $500,000

Lot 54 3rd, Oak Island
$235,000
100612644 MLS
This superb, elevated lot is perfect for constructing your island dream home or an ideal opportunity for the builder or investor looking to build a spec home for sale! Cleared with some hardwood remaining and conveniently located just three blocks from the new bridge for easy on and off access to Oak Island. It's also an easy bike or golf cart ride to the beach and a fifteen-minute walk to the beach for those who choose. Location is everything and it starts right here on the quiet end of NW 3rd St. The Intracoastal Waterway is just steps away where you can load your kayak in for adventure or drop a fishing line in for dinner. This is the island life after all so take advantage of it all without regret because you earned it and deserve it. What are you waiting for when you can come check out your future island homesite today! Oak Island is conveniently located near historic downtown Southport offering shopping and a nice selection of restaurants, and the Wilmington and Myrtle beach areas are 45 minutes away.

Lot 54 3rd, Oak Island

Courtesy of Coastal Development & Realty Oak Island
106 Se 37th St, Oak Island
$499,000
100612636 MLS
Discover the possibilities of a DOUBLE LOT at 106 SE 37th Street in Oak Island! Whether you're envisioning a coastal retreat or a full-time residence, this property offers an opportunity to explore your vision with additional outdoor space in mind. Imagine room for relaxing, gardening, or creating your own inviting outdoor setting. Bring your ideas and explore the potential of this Oak Island property! Buyer to verify lot dimensions, zoning, utilities, and permitted uses, including any potential for subdivision or construction.

106 Se 37th St, Oak Island

Courtesy of Century 21 Collective
160 Nw 2nd St, Oak Island
$230,000
100612159 MLS
Nice lot on the quiet west-side! Easy access to the beach and getting on and off of the Island on Middleton Ave. The adjacent lot (lot 50) is also available to be purchased providing more space for your home design. Buyer one or buy two ..... the choice is yours.

160 Nw 2nd St, Oak Island

Courtesy of Keller Williams Innovate-OKI
158 Nw 2nd St, Oak Island
$220,000
100612139 MLS
Time to take a look at this westside vacant lot. Easy access to the beach, as well as on and off the Island via Middleton Ave. This lot can be purchased with the adjacent lot giving you extra space to build a larger home. Buy just this one lot or step up and buy two.

158 Nw 2nd St, Oak Island

Courtesy of Keller Williams Innovate-OKI
209 Ne 69th St, Oak Island
$224,500
100610410 MLS
Discover the perfect opportunity to create your own coastal retreat on this beautiful lot in an unbeatable Oak Island location! Just a short walk or golf cart ride to the beach, Intracoastal Waterway, shopping, restaurants, and other local amenities, this property offers an exceptional setting for enjoying the coastal lifestyle you've been dreaming of. A public boat ramp is conveniently located nearby, making it easy to spend your days boating, fishing, kayaking, jet skiing, and exploring the surrounding waterways. Enjoy miles of sun-drenched beaches and convenient public beach access points on Oak Island, or take a short trip to historic Southport to explore its charming shops, waterfront scenery, and inviting coastal atmosphere. The area also offers an abundance of recreational amenities, including fishing piers, dog parks, tennis courts, a recreation center, parks, waterfront picnic areas, scenic trails, golf courses, and so much more. Opportunities to own a piece of coastal Carolina in such a desirable location are worth exploring! Whether you're ready to build your dream home, create a relaxing beach getaway, or invest in the coastal lifestyle, this beautiful lot puts you close to everything that makes Oak Island and Southport special. Don't let this opportunity pass you by--take the first step toward making your coastal vision a reality today!

209 Ne 69th St, Oak Island

Courtesy of Better Beach Sales & Rentals, Inc.
Lot 14 68th, Oak Island
$239,900
100610041 MLS
Lot 13 (.15) and 14 (.15) can be sold together or separately. Rare opportunity to own an oversized 0.3-acre wooded double lot tucked between the Intracoastal Waterway and the beautiful beaches of Oak Island, NC! Skip the constraints of a narrow beach lot and enjoy approximately twice the space of a typical 0.15-acre island lot. The wider building envelope opens the door to possibilities for a spacious coastal home, wraparound porches, a private pool, detached golf cart garage, boat storage, and outdoor living beneath a canopy of mature trees. Currently combined as one parcel, the property offers exciting flexibility for the future. Subject to applicable zoning, subdivision, and permitting requirements, explore the possibility of dividing the property back into two buildable lots--build on one and sell the other, create neighboring homes for family and friends, or enjoy the extra space for your own private coastal retreat. The location is hard to beat. You'll be just a 3 minute drive to the Atlantic Ocean, close to the Intracoastal Waterway and 55th Street public boat launch, and convenient to the shops, restaurants, and everyday amenities along East Oak Island Drive. Oak Island offers the coastal lifestyle people come here to enjoy--miles of beaches, boating and fishing, two fishing piers, public beach accesses, parks, seasonal farmers markets, free outdoor concerts, a splash pad and playground, tennis and pickleball courts, basketball, scenic walking trails, a skate park, and baseball and softball fields. Whether you're dreaming of a primary residence, vacation retreat, investment opportunity, or family compound, this rare double lot provides the space and flexibility to bring your vision to life. Build your Oak Island dream from the ground up! Additional Parcels Description: Two parcels, Lot 13-14, can be split

Lot 14 68th, Oak Island

Courtesy of Coldwell Banker Sea Coast Advantage
Lot 13 68th, Oak Island
$239,900
100610031 MLS
Lot 13 (.15) and 14 (.15) can be sold together or separately. Rare opportunity to own an oversized 0.3-acre wooded double lot tucked between the Intracoastal Waterway and the beautiful beaches of Oak Island, NC! Skip the constraints of a narrow beach lot and enjoy approximately twice the space of a typical 0.15-acre island lot. The wider building envelope opens the door to possibilities for a spacious coastal home, wraparound porches, a private pool, detached golf cart garage, boat storage, and outdoor living beneath a canopy of mature trees. Currently combined as one parcel, the property offers exciting flexibility for the future. Subject to applicable zoning, subdivision, and permitting requirements, explore the possibility of dividing the property back into two buildable lots--build on one and sell the other, create neighboring homes for family and friends, or enjoy the extra space for your own private coastal retreat. The location is hard to beat. You'll be just a 3 minute drive to the Atlantic Ocean, close to the Intracoastal Waterway and 55th Street public boat launch, and convenient to the shops, restaurants, and everyday amenities along East Oak Island Drive. Oak Island offers the coastal lifestyle people come here to enjoy--miles of beaches, boating and fishing, two fishing piers, public beach accesses, parks, seasonal farmers markets, free outdoor concerts, a splash pad and playground, tennis and pickleball courts, basketball, scenic walking trails, a skate park, and baseball and softball fields. Whether you're dreaming of a primary residence, vacation retreat, investment opportunity, or family compound, this rare double lot provides the space and flexibility to bring your vision to life. Build your Oak Island dream from the ground up!

Lot 13 68th, Oak Island

Courtesy of Coldwell Banker Sea Coast Advantage
136 Ne 12th St, Oak Island
$270,000
100607000 MLS
One of the Last Vacant Lots on NE 12th Street! Don't miss this prime East End opportunity to build your coastal paradise on Oak Island. Unbeatably located for both convenience and lifestyle: Easy Access: Quick connectivity via the nearby Middleton Bridge and newly completed Hwy 211 main road upgrades, putting mainland grocery stores and everyday essentials just minutes away. Park, Beach & Fishing Access: Steps from Veterans Park, where you can unwind on the swings, take in sweeping views of coastal wildlife, watch passing boats, and enjoy wetting a line along the ICW. Reaching the beach walkover at SE 9th Street is effortless by golf cart, bicycle, or vehicle. Anglers will love the immediate access to best-in-class inshore fishing along the ICW and premier surf fishing right off the beach. Photographer's Paradise: An absolute dream location for photography lovers! The scenic stretches along the ICW at Veterans Park and the oceanfront beach offer incredible backdrops for action shots, coastal wildlife, and stunning sunrise and sunset photography. Island Dining & Getting Around: Enjoy wonderful local restaurants across the island, all easily accessible by golf cart, bike, or a scenic drive down E Yacht Drive. Plus, the quiet surrounding back roads provide plenty of peaceful routes for daily walks to easily get your steps in. Whether you're a fisherman, beach lover, boater, photographer, or outdoor walker, this central location puts the best of island living right at your doorstep. Ideal for a primary residence, secondary home, vacation retreat, or investment property.

136 Ne 12th St, Oak Island

Courtesy of Intracoastal Realty Corporation
Lot 13-14 68th, Oak Island
$429,000
100605677 MLS
Rare opportunity to own an oversized 0.3-acre wooded double lot tucked between the Intracoastal Waterway and the beautiful beaches of Oak Island, NC! Skip the constraints of a narrow beach lot and enjoy approximately twice the space of a typical 0.15-acre island lot. The wider building envelope opens the door to possibilities for a spacious coastal home, wraparound porches, a private pool, detached golf cart garage, boat storage, and outdoor living beneath a canopy of mature trees. Currently combined as one parcel, the property offers exciting flexibility for the future. Subject to applicable zoning, subdivision, and permitting requirements, explore the possibility of dividing the property back into two buildable lots--build on one and sell the other, create neighboring homes for family and friends, or enjoy the extra space for your own private coastal retreat. The location is hard to beat. You'll be just a 3 minute drive to the Atlantic Ocean, close to the Intracoastal Waterway and 55th Street public boat launch, and convenient to the shops, restaurants, and everyday amenities along East Oak Island Drive. Oak Island offers the coastal lifestyle people come here to enjoy--miles of beaches, boating and fishing, two fishing piers, public beach accesses, parks, seasonal farmers markets, free outdoor concerts, a splash pad and playground, tennis and pickleball courts, basketball, scenic walking trails, a skate park, and baseball and softball fields. Whether you're dreaming of a primary residence, vacation retreat, investment opportunity, or family compound, this rare double lot provides the space and flexibility to bring your vision to life. Build your Oak Island dream from the ground up!

Lot 13-14 68th, Oak Island

Courtesy of Coldwell Banker Sea Coast Advantage
288 Elizabeth Dr, Oak Island
$239,900
100605181 MLS
250CG054 - 0.53 acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. Prime development opportunities positioned perfectly to capture Oak Island's booming high-income retiree and premium vacation rental markets. This specific corridor combines highly coveted "quiet street" appeal with rapid, golf-cart-friendly proximity to beach access. No HOA Restrictions: The absence of rigid Homeowners Association fees allows developers architectural flexibility and gives buyers the freedom to park boats or trailers on-site. SOLD AS IS- Sale is subject to NCGS Chapter 1, Article § 160A-269 with 10-day upset bid, see documents folder for more information. 250CG054 - 0.53 acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. Prime development opportunities positioned perfectly to capture Oak Island's booming high-income retiree and premium vacation rental markets. This specific corridor combines highly coveted "quiet street" appeal with rapid, golf-cart-friendly proximity to beach access. No HOA Restrictions: The absence of rigid Homeowners Association fees allows developers architectural flexibility and gives buyers the freedom to park boats or trailers on-site. SOLD AS IS- Sale is subject to NCGS Chapter 1, Article § 160A-269 with 10-day upset bid, see documents folder for more information.

288 Elizabeth Dr, Oak Island

Courtesy of Century 21 Collective
284 Elizabeth Dr, Oak Island
$239,900
100605176 MLS
250CG056 - 0.64 Acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. Prime development opportunities positioned perfectly to capture Oak Island's booming high-income retiree and premium vacation rental markets. This specific corridor combines highly coveted "quiet street" appeal with rapid, golf-cart-friendly proximity to beach access. No HOA Restrictions: The absence of rigid Homeowners Association fees allows developers architectural flexibility and gives buyers the freedom to park boats or trailers on-site. SOLD AS IS- Sale is subject to NCGS Chapter 1, Article § 160A-269 with 10-day upset bid, see documents folder for more information. 250CG056 - 0.64 Acres An exceptional residential development opportunity is now available in Oak Island, North Carolina. Conveniently located on Elizabeth Drive. On the Intracoastal side of the Island. Prime development opportunities positioned perfectly to capture Oak Island's booming high-income retiree and premium vacation rental markets. This specific corridor combines highly coveted "quiet street" appeal with rapid, golf-cart-friendly proximity to beach access. No HOA Restrictions: The absence of rigid Homeowners Association fees allows developers architectural flexibility and gives buyers the freedom to park boats or trailers on-site. SOLD AS IS- Sale is subject to NCGS Chapter 1, Article § 160A-269 with 10-day upset bid, see documents folder for more information.

284 Elizabeth Dr, Oak Island

Courtesy of Century 21 Collective
115 Ne 5th St, Oak Island
$249,900
100601878 MLS
Build Your Dream Beach Home on Oak Island! Discover the perfect opportunity to bring your coastal vision to life on this spacious homesite in a peaceful, established neighborhood. Surrounded by a friendly community and just minutes from the beach and Intracoastal Waterway, this property offers the ideal setting for your future coastal retreat. Imagine starting your mornings with salty breezes, spending afternoons at the beach, fishing or boating, and ending the day with beautiful coastal sunsets. Enjoy convenient access to community recreation, including parks, playgrounds, tennis courts, and local gathering spaces, while still being close to the restaurants, shopping, and everyday amenities you need. The sewer assessment has already been paid, providing added value and peace of mind as you plan your future home. Whether you're dreaming of a full-time residence, vacation getaway, or coastal investment, this is your chance to create the beach home you've always wanted in a well-loved Oak Island community. Conveniently located within an easy drive of both Wilmington and Myrtle Beach. Bring your plans, bring your vision, and take advantage of this opportunity to build your own piece of the Oak Island lifestyle!

115 Ne 5th St, Oak Island

Courtesy of Art Skipper Realty Inc.
Start Your Search

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated:

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

How much is your home worth?

Get instant property value now!