That is a very difficult question to answer because it would depend "where" on Oak Island it's located. The cost can be considerable depending on whether it's oceanfront vs wooded section, and pilings vs single story. I don't want to be evasive but this is a question that should be asked of a builder and not a Realtor. Building replacement cost is not in the area of expertise for Realtors, unless they are also builders.
Phillips Properties Group and Coastal Phillips in addition to handling both residential and Commercial sales, management and rentals also Builds Homes and has Two Custom Builders that we Fund to build homes with CHARACTER!
A QUALITY REBUILD RUNS $110.00 TO $150.00 per Sq. Ft.