MLS# 100524208 – 5205 E Pelican Drive, Oak Island, NC 28465

$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
Price: $1,199,000
Beds: 6
Baths: 6
Living Area SqFt: 2,643
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.12
Lot Size SqFt: 5,227
Year Built: 2022
Neighborhood: Not In Subdivision
Days on Website: 10

Courtesy of April H Annas, Island Life Real Estate, LLC

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 decor 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 as two separate rental units for maximum income potential or open it up 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.

$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island
$1,199,000 - 6Br/6Ba -  for Sale in Not In Subdivision, Oak Island

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Property Details and Features

  • Property Access
  • Road Type/Frontage: Public (City/Cty/St)
  • Bathrooms
  • 6 total bathrooms
  • 6 full bathrooms
  • Bedrooms
  • 6 bedrooms
  • Building
  • Heated SqFt Range: 2600 – 2799
  • 2,643 heated sqft
  • Built in 2022
  • 2 stories
  • 8 rooms
  • Construction: Wood Frame
  • Porch/Balcony/Deck: Covered,Deck
  • Stories/Levels: Two
  • Cooling
  • Central Air
  • Dining Room
  • Dining Room Type: Combination
  • Exterior Features
  • Exterior Finish: Vinyl Siding
  • Fence
  • None
  • Fireplaces
  • None
  • Foundation
  • Pilings
  • Garage
  • 4 driveway spaces
  • Water Features
  • Electric
  • Heating
  • Heat Pump
  • Interior Features
  • Blinds/Shades
  • Furnished
  • Kitchen Island
  • High Ceilings
  • Listing
  • Listed on 2025-08-06
  • Construction Type: Stick Built
  • List Price/SqFt: $454
  • Terms: Cash,FHA,Conventional
  • Location
  • County: Brunswick
  • Zip Code: 28465
  • Latitude: 33.910191
  • Longitude: -78.111456
  • Subdivision: Not In Subdivision
  • City Limits: Yes
  • Lot
  • 5,227 sqft lot
  • Lot Dimensions: 50x102x50x96
  • 0.12 acres
  • Lot Water Features: Third Row
  • Parking
  • Covered
  • Gravel
  • Possession
  • At Closing
  • Property
  • Zoning: R7
  • Waterview
  • Roof
  • Architectural Shingle
  • Schools
  • School District: Brunswick County Schools
  • Taxes
  • Tax Assessed Value: $921,120
  • City Tax Rate: 4538
  • Tax Year: 2025
  • Utilities
  • Sewer Connected
  • Water Connected

Property Map

$1,199,000 – 5205 E Pelican Drive, Oak Island, NC 28465

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© 2025 Hive MLS

MLS LogoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of August 19, 2025 8:29PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Island Life Real Estate, LLC shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.