No photo available
$1,100,000
Property 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!
Full Property Details
Full Property Details for 5205 E Pelican Dr
General
- Sold For: $1,100,000
- Taxes: (2025)
- Status: Closed
- Type: Single Family
- Source: 2253
- MLS ID: 100524208
- Added to Site: 293 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: High Ceilings, Kitchen Island, Furnished, Blinds/Shades
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Covered, Deck
Parking
- Parking Features: Covered, Gravel
Location
- County: Brunswick
- Subdivision: Not In Subdivision
- Driving Directions: NC-133 S/Country Club Rd, Turn Right onto E Oak Island Dr., Turn left onto SE 58 St., Right onto E Pelican Dr., house is on the left
School Information
- High School District: Brunswick County Schools
- Elementary School: Southport
- Middle School: South Brunswick
- High School: South Brunswick
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Vinyl Siding, Wood Frame
- Roof: Architectural Shingle
- Stories/Levels: 2
- Square Feet: 2,643
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: 50 x 102 x 50 x 96
- Frontage: City Street, State Road
- Lot Features: Third Row
- Zoning: R7
- Fencing (Description): None
Water Features
- Water Front Desc.: Third Row
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $433.98
- Assessment Amount: $921,120
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: L-28 B-5 S-N-2 LONG BEACH PLAT 8/140
- Property ID: 249dd026
Listed by Island Life Real Estate, LLC, April H Annas
Sold by Grow Local Realty LLC, Brian S Hargrove
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Schools
Schools serving 5205 E Pelican Dr
School District:Brunswick County Schools
| Name | Grades | Distance |
|---|---|---|
Southport Elementary 701 West 9th Street, Southport, NC 28461 | K-5 | 4.7 mi |
South Brunswick Middle 100 Cougar Road, Southport, NC 28461 | 6-8 | 7.7 mi |
South Brunswick High 280 Cougar Road, Southport, NC 28461 | 9-12 | 7.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5205 E Pelican Dr
Date
Details
Price
Change
Source
2/12/2026
Sold
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5205 E Pelican Drive, Oak Island, NC 28465 (MLS# 100524208) is a Single Family property that was sold at $1,100,000 on February 12, 2026. Want to learn more about 5205 E Pelican Drive? Do you have questions about finding other Single Family real estate for sale in Oak Island? You can browse all Oak Island real estate or contact a Coldwell Banker agent to request more information.
