Enjoy coastal living at its finest in this beautiful two-story

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Home For Sale

5205 E Pelican Drive

Oak Island, North Carolina 28465

Brunswick County Ocean View: Yes

Community: Not In Subdivision

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$1,149,000 6 br, 6.0 bath 2643 sq. ft. 0.120 acres

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 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!

Interior:
  • Bedrooms: 6
  • Baths: 6.0
  • Sq Ft: 2643
  • Year Built: 2022
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Electric (Heating), Heat Pump (Heating)
  • Garage: Covered
Exterior:
  • Lot Size: 0.120 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: Vinyl Siding
  • Roof: Shingle
  • MLS #: 100524208
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Contact Information:
Beach Home For Sale in Oak Island, North Carolina
Listing Agent: April H Annas, Island Life Real Estate LLC, 828-312-7103, 910-294-0911 Listing Site, Listing Status: Active
Copyright © 2025 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: 6824722
Viewed 23 times.
Updated: Nov 18, 2025

This property is a Home located at 5205 E Pelican Drive, Oak Island, North Carolina 28465, and is currently For Sale at $1,149,000. This Home has 6 bedrooms, 6.0 baths, 2643 sq ft.