$1,395,000
 $7,277 est/mo Sourced by Back At You

5205 E Pelican Drive,Oak Island, NC 28465

Oak Island, NC 28465

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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!

Details

MLS #100577367
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2022
Days On Site90
Listing Provided ByGrow Local Realty LLC | Brian S Hargrove

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet2,670
Story(s)2
ZoningOk-R-7
Acreage0.12
Water FrontThird Row
Property ViewOcean

Interior

Interior FeaturesHigh Ceilings, Kitchen Island, Furnished, Blinds/Shades
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace Yes / NoNo
FurnishedFurnished
Rooms Total8

Exterior

RoofArchitectural Shingle
Foundation DetailsOther, Pilings
Lot FeaturesThird Row
Waterfront FeaturesThird Row
ViewOcean
Construction MaterialsVinyl Siding, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesCovered, Gravel

Utilities

UtilitiesSewer Connected, Water Connected

Taxes

Tax Assessed Value921120
Tax Book Number8
Tax Legal DescriptionL-28 B-5 S-N-2 LONG BEACH PLAT 8/140
Tax Year2025

Area Information

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in 28465)
Price:
$1,395,000
low | high
Med:
$699,900
99.827956989247% of Average
sqft:
2,670
low | high
Med:
2,650
50.749063670412% of Average
$ / sqft:
$522
low | high
Med:
$264
99.449300060864% of Average
On site:
90
low | high
Med:
96
93.75% of Average
Sourced by Back At You

Market Activity 28465

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Learn More About This Property

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in 28465)
Price:
$1,395,000
low | high
Med:
$699,900
99.827956989247% of Average
sqft:
2,670
low | high
Med:
2,650
50.749063670412% of Average
$ / sqft:
$522
low | high
Med:
$264
99.449300060864% of Average
On site:
90
low | high
Med:
96
93.75% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.46M - $1.743M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
5515 E Beach Drive Property Photo 1
$2,295,000
5515 E Beach Drive
Oak Island, NC 28465
Listing Updated: August 18, 2026 at 6:20:34 PM PDT