115 Paula Circle SE Oak Island, NC 28465

Rarely available Davis Canal retreat set on an oversized .49-acre, high-elevation property. This approximately 2,400 sq ft coastal residence offers a refined balance of comfort, scale, and relaxed waterfront living. The tranquil canal provides a beautiful backdrop for morning coffee, sunset cocktails, fishing, crabbing, paddle boarding, or kayaking from the recently constructed $40K dock with built-in kayak launch. Abundant coastal wildlife and birdwatching enhance the setting, while the fenced yard offers generous space for a future pool, pets, and outdoor entertaining.
The home features 4 bedrooms and 3 1/2 baths with LVP flooring throughout. A welcoming foyer opens to one of two spacious living areas; each centered around a wood-burning fireplace that adds warmth and architectural character. The dining area flows seamlessly into the renovated kitchen, where stainless steel appliances, a large center island, and carefully selected custom finishes create a polished yet inviting space ideal for entertaining. The main level includes a private bedroom with an adjoining full bath—perfect for guests or in-law accommodations. Upstairs, the spacious primary suite serves as a peaceful retreat with a renovated, spa-inspired bath featuring a walk-in shower, soaking tub, and dual vanity. Two additional bedrooms, a full bath, and a conveniently located laundry area complete the second level. A large open upper deck captures canal views, coastal breezes, and memorable sunsets—an ideal place to unwind at day's end. A rare two-car garage and circular driveway provide exceptional parking, an uncommon luxury in this sought-after island location. Just two blocks from the beach walkover, enjoy easy access to the shoreline—and fall asleep to the soothing sound of ocean waves carried on the coastal breeze. Well suited as a primary residence, beach getaway, or investment opportunity, this Davis Canal home delivers space, privacy, thoughtful updates, and timeless appeal.