The Oak Island Lighthouse was completed in 1958 at a total cost of $110,000.00. The lights are 169 feet above the water. A misconception is that the lighthouse itself is 169 feet tall. The actual structure is 153 feet tall, but it stands on a slight rise. Therefore, the height of the light above the water is 169 feet, and it is so reported on nautical charts. There is no spiral staircase as found in most older lighthouses, but instead a series of ships ladders with a total of 131 steps to the lantern gallery level.