$155,000 PROJECTED ANNUAL RENTAL INCOME -- this is not just a

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Home For Sale

2003 W Pelican Dr

Oak Island, North Carolina 28465

Brunswick County Ocean View: Yes

Community: W Long Beach

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$1,299,500 4 br, 4.0 bath 2510 sq. ft. 0.240 acres

$155,000 PROJECTED ANNUAL RENTAL INCOME -- this is not just a beach home, it's a serious income-producing coastal asset. Located on the highly sought-after west end, this striking 4-bedroom, 3.5-bath retreat with a sparkling heated pool delivers the ultimate blend of luxury, views, and functionality. Enjoy sweeping ocean views from the front and serene, ever-changing Davis Canal views from the rear, giving you sunrise to sunset water scenery every single day. The bright, open floor plan is designed for effortless living and entertaining, flowing seamlessly onto multiple front and rear porches, perfect for morning coffee, evening cocktails, and everything in between. The beautifully updated kitchen anchors the home with a massive island, dedicated coffee bar, and pantry, making it as functional as it is impressive. Rare dual driveway access from both front and back provides abundant parking for guests, boats, and beach gear, an uncommon and valuable feature on the island. After a day in the sand, rinse off in the outdoor shower and relax in the private hot tub. Inside, you'll find elevated finishes throughout, a spacious laundry room, and an oversized custom primary closet, features rarely found in beach homes. Three bedrooms offer en-suite baths, maximizing comfort and rental appeal. A newly installed fortified roof adds peace of mind, and beach access is just a short stroll away. Furniture conveys with select exclusions, offering a turnkey opportunity with flexibility. Whether you're looking for a high-performing rental, second home, or primary residence, this property checks every box and then some. Don't delay! Secure this island paradise today!

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 2510
  • Year Built: 1998
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Heat Pump (Heating), Electric (Heating), Forced Air
  • Garage: Off Street
Exterior:
  • Lot Size: 0.240 acre
  • Lot Dimensions: 
  • View Types: Ocean, Water
  • Yard: 
  • Siding: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Property Taxes: $5,987
  • MLS #: 100562885
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Contact Information:
Beach Home For Sale in Oak Island, North Carolina
Listing Agent: Hank Troscianiec & Associates, Keller Williams Realty-Brunswick County, 910-262-7705, 910-726-2270 Listing Site, Listing Status: Active
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7478519
Viewed 39 times.
Updated: May 06, 2026

This property is a Home located at 2003 W Pelican Dr, Oak Island, North Carolina 28465, and is currently For Sale at $1,299,500. This Home has 4 bedrooms, 4.0 baths, 2510 sq ft.