The wooded section of Oak Island includes the areas north of Davis Canal  and Oak Island Drive from just beyond Country Club Drive to the far northwest end of the island. 

Yacht Drive runs the length of the Wooded Section along the Intracoastal Waterway. Most residents here  have views across the ICW towards St. James Plantation or Sunset Harbor.  Lots are larger here and the waterfront homes often have docks and boat lifts.

Davis Canal homes are on the South part of the Wooded Section.  Davis Canal runs through the center of Oak Island roughly parallel to the Intracoastal Waterway and separates the Wooded Section from the Beach Area.  The best way to view most of the Davis Canal homes is by boat.  

The homes on the interior are the most affordable on the island.  Smaller lots with easy beach access... many within walking distance. The majority of homes here don't require flood insurance.  Click on the link below 

for scenes from this part of Oak Island. 

SCENES FROM THE WOODED AREA

SALES THROUGH

JUNE 2019

The number of sales have fallen  slightly from the same time in 2018.  Sales prices continue to rise, both in average selling price and prices paid per square foot. Lack of inventory continues to be a problem. There was only a single REO or Short Sale in the first six months of the year.  In 2010 nearly one in three sales fell into one of these categories.  

Historical Pricing in The Wooded Area

This table shows the sales history of homes in the Wooded area of our MLS since 2005. All stick built and modular homes are included. There are no town homes, condos or manufactured homes.    
REO's are corporate, or bank owned properties. Shorts are Short Sales.  Notice the impact in cost per foot these properties made in 2009 when they first hit the market.  The opposite is happening now.  

FLOOD INSURANCE

Flood Insurance is part of the ownership costs associated  with coastal properties. We are fortunate on Oak Island as much of the Wooded Area falls in an X-Zone.  Lenders do not require flood insurance be carried on those properties.  Click on the button below for an interactive FEMA map displaying flood zones.  The map starts in the middle of Oak Island but allows searching throughout the area.  The areas requiring flood insurance are highlighted in blue or tan.