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.