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$1,450,000 Just Listed
Property Description
Welcome to your dream coastal oasis! Perched on Oak Island's highly desirable third row and located just steps from the sand, this stunning two-story elevated home delivers the quintessential beach lifestyle, now upgraded with the ultimate backyard luxury. The crown jewel of this property is a brand-new, sparkling inground pool, transforming the backyard into a private, sun-soaked resort complete with a regulation-size cornhole court, relaxing swings, a dedicated grilling area, and a refreshing outdoor shower. From both of the expansive decks, you will be treated to amazing, panoramic ocean views that turn every sunrise and sunset into your own private show. Inside, the home boasts a brilliant, high-utility layout featuring two identical, fully independent living spaces--one on each level. Each floor features its own bright and airy living area, fully equipped kitchen, comfortable bedrooms, and pristine baths. This unique setup offers absolute perfection for a multi-family getaway, allowing large groups to vacation together while maintaining total privacy. Sold fully furnished with minor décor and fishing exclusions, this property is completely turn-key and ready for immediate enjoyment. When you are not lounging poolside or beachside, you are just minutes away from Oak Island's best perks, enjoying effortless access to local grocery stores, boutique shopping, and vibrant coastal dining. Whether you are seeking a premier investment property, a luxury family retreat, or a mix of both, this home offers a rare combination of views, layout, and amenities that simply cannot be matched. Schedule your private tour today and start living the beach life you deserve!
Full Property Details
Full Property Details for 5205 E Pelican Dr
General
- Price: $1,450,000
- Taxes: $5,962 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100577367
- Updated: Today (5/28/2026)
- Added to Site: Today
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: 133 to right on E Oak Island. Left on 53rd, Rt on Pelican,
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
- Entry Floor Number: 2
- Square Feet: 2,645
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,009
- Lot Dimensions: 50 x 102 x 50 x 96
- Frontage: City Street, State Road
- Lot Features: Third Row
- Zoning: Ok-R-7
- Fencing (Description): Back Yard
Water Features
- Water Front Desc.: Third Row
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $548.2
- Assessment Amount: $921,120
- Tax Amount: $5,962.7
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
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 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
5/28/2026
Listed
$1,450,000
31.82%
MLS
2/03/2026
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5205 E Pelican Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,919
100%
$921,120
821%
2022
100%
$100,000
—
2021
-100%
$100,000
—
2020
$538
—
$100,000
—
2019
$538
25%
$100,000
25%
2017
$432
—
$80,000
—
2016
$430
—
$80,000
—
2015
$430
-37%
$80,000
-43%
2014
$686
—
$140,000
—
2013
$686
—
$140,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5205 E Pelican Dr
5205 E Pelican Drive, Oak Island, NC 28465 (MLS# 100577367) is a Single Family property with 6 bedrooms and 6 full bathrooms. 5205 E Pelican Drive is currently listed for $1,450,000 and was received on May 28, 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.
