A rare opportunity in one of Oak Island's most desirable neighborhoods Yaupon Beach. This all-brick coastal cottage with a metal roof sits on an oversized 0.40-acre double lot on the ocean side of E. Oak Island Drive, offering remarkable potential for renovation, expansion, or new construction. Enjoy being within walking distance to shops, restaurants, the Oak Island Pier which is a wonderful spot for fishing and fun. The home features a 2-bedroom, 2-bath layout, a large powered shed, and a covered carport (framed as a garage but without a door). The property offers a solid brick exterior and durable metal roof, while the interior presents a blank canvas for renovation or redesign. Investors may explore the possibility of removing the existing structure and subdividing, as the property's generous size offers multiple redevelopment options (subject to town approval and buyer verification). Sold as-is, this home represents an outstanding investment, flip, or redevelopment opportunity in one of Oak Island's most sought-after coastal neighborhoods.