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News Date: 07/01/2026

News Title: DRB Homes, through its active adult-focused DRB Elevate brand, is the newest builder joining the mix at the upscale Ocean Isle Palms community
The new home community of Ocean Isle Palms is ideally located — just minutes from the pristine Ocean Isle Beach, shopping, and dining, and within relatively close proximity to both Myrtle Beach and Wilmington.

The property sits on an approximate 827.92 acre of land, with 131.55 acres being wetlands, 17.01 acres being pond area, and the remaining 679.36 acres being the higher elevation uplands area.

Initial planning for the Ocean Isle Palms community began in the early 2000’s.  The plans were ambitious back then but the project never fully materialized largely in part due to the financial crisis back in 2008.  In 2014, the property was eventually acquired by Drapac Capital Partners, an Australian real estate development company.  The firm hopes to make Ocean Isle Palms its flagship development in the region.

The master planned community of Ocean Isle Palms was subsequently approved in December of 2017.  

The Ocean Isle Palms permitted uses that were approved included the following:

St. Bourke, originally established by Drapac Capital Partners, has provided asset management & development services for the Ocean Isle Palms community.

Plans are for Ocean Isle Palms to have a mixed use portion of the property as well as a with a “village center”, featuring restaurants, coffee shops, a residential element and other amenities,” and the village would have “no national brands” and be accessible to the public.

Among the resort-style amenities in Ocean Isle Palms are an Outdoor Pool, Clubhouse & Fitness Center, Pickleball & Bocce Courts, Event Lawn & Fire Pit, and Walking Trails & Cabanas

The new home community of Ocean Isle Palms is partnering with several builders to deliver beautiful, thoughtfully designed homes in the community’s initial phases.  Among the builders who have previously been announced in the initial phase include Toll Brothers and Del Webb (Pulte).

Toll Brothers at Ocean Isle Palms
The Toll Brothers single-family homes in Ocean Isle Palms range from approximately 1,664 square feet of living space to approximately 2,945 square feet of living space, plus first floor bedrooms, beautiful covered patios, and access to resort style amenities.  As of July 2026, Toll Brothers is selling their single-family homes in Ocean Isle Palms starting at $475,995.

Dell Webb at Ocean Isle Palms
The Del Webb adult active community in Ocean Isle Beach is offering single-family homes with 2 to 5 bedrooms, 2 to 5 bathrooms, and 2 to 3 car garages. As of July 2026, Del Webb is selling their single-family homes in Ocean Isle Palms starting at $384,990.

DRB Homes at Ocean Isle Palms
DRB Homes is the latest builder to announce their involvement at Ocean Isle Palms.   DRB Homes is backed by the DRB Group, a growing, dynamic organization that includes two residential builder brands, a title company, and a residential development services branch providing entitlement, development and construction services.  DRB Group's complete spectrum of services operates in 14 States, 19 Regions and 35 Markets -  East Coast to Arizona, Colorado, Texas, and beyond.

DRB Elevate has refined the idea of 55+ lifestyle communities, providing an invigorating alternative to current and existing age restricted communities. With our flexible floor plans that are beautifully designed, including remarkable features at a price you can afford, this is where your exciting new lifestyle begins.

DRB Group is the parent organization behind DRB Homes and DRB Elevate.  The organization just announced that the DRB Elevate brand will be building in Ocean Isle Palms.  DRB Elevate operates as an active adult (55+) product line within DRB Homes, designed specifically for low-maintenance living and age-qualified communities.  The DRB Elevate brand typically emphasizes thoughtfully designed single-family and attached homes with main-level living, simplified exterior maintenance, and communities like Ocean Isle Palms that often include amenities such as clubhouses, fitness spaces, walking trails, and social programming tailored to an active lifestyle.

The DRB Elevate community in Ocean Isle Palms will be offering thoughtfully designed homes from the $500's.  DRB Elevate home designs in Ocean Isle Palms will feature open layouts, first-floor primary suites, gourmet kitchens, spacious screened porches, and designer finishes curated for modern living.

The DRB Elevate community in Ocean Isle Palms will be opening in the fall of 2026.

Homes for sale in Ocean Isle Beach

In the Myrtle Beach area, DRB Homes is continuing to expand its footprint with a growing portfolio of thoughtfully planned communities, each offering distinctive home designs, lifestyle-driven amenities, and strategic locations across the Grand Strand.  Beyond Ocean Isle Palms Indigo at the Preserve, DRB Homes is actively bringing new opportunities to market in several emerging and established neighborhoods, further solidifying its presence in one of the region’s most dynamic housing markets.
Ocean Isle Palms in Ocean Isle Beach

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