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Listed price in listed location currency (USD).
$1,100,000
$1,147,000

660

MLS® 100524208

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2643 sqft
Garage No
Taxes 
Lot Size 0.12 acres
Approx. Age 2022
Avg. Price Per Sqft $433
MLS® Number 100524208

Property Address: 5205 E Pelican Dr, Oak Island, NC, 28465-5050

Average square foot calculated using Size range provided by listing agent.

Description

Enjoy coastal living at its finest in this beautiful two-story home on pilings, located just steps from the beach on Oak Island's desirable third row. From both spacious decks, take in the beautiful ocean views that make every sunrise and sunset feel like a private show. Sold fully furnished (with some décor and fishing item exclusions), this property is ready to start enjoying or renting right away. The unique layout features two identical floor plans—one on each level—each with its own living area, kitchen, bedrooms, and baths. Use it for one large vacation retreat perfect for hosting family and friends. Outdoor living shines here with a regulation-size corn hole area, relaxing swings, a grilling area, and an outdoor shower to rinse off after beach days. You'll also love the convenient location close to grocery stores, shopping, and dining, making every visit easy and enjoyable. This property currently generates nearly $70, 000 in annual rental income under the owner's management. Some rental program projections predict more than $100, 000 in rental income making it an exceptional opportunity for investors and vacationers alike. Whether you're seeking a smart investment, a multi-family getaway, or a mix of both, this home offers endless possibilities in one of the island's most sought-after locations. Don't miss the opportunity to own this unique property. Schedule your tour today!
MLS® Number100524208
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age2022
Basement
DrivewayCovered, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Dec 31, 2025End Date
$1,100,000Sold Price

Sold

Aug 6, 2025List Date
$1,147,000List Price

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