Opportunity meets flexibility in this spacious Oak Island home situated on a rare lot and a half with room to add a pool. Looking for a beach home with rental potential or flexible living space? This Oak Island property offers 4 bedrooms and 3 full baths with two separate living levels--perfect for multi-generational living, guests, or potential rental opportunities. The first level includes a living room, full kitchen, one bedroom, and a full bath. The second level features a bright living area, kitchen, laundry, and three additional bedrooms including a spacious primary suite with walk-in closet and private bath with a walk-in shower. The home has been updated with luxury vinyl plank flooring and new light fixtures. Enjoy coastal breezes from the screened porch, complete with a ceiling fan and light fixture. One of the standout features of this property is the rare lot and a half, providing space for a future pool, RV or boat parking, or simply extra privacy--a hard-to-find feature on Oak Island. Located just minutes from the beach, and a short drive to Southport and Shallotte, this property offers the perfect blend of space, flexibility, and coastal living.