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5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
5205 E Pelican Drive
VIEW PHOTOS
$1,199,000

5205 E Pelican Drive

6 Beds 6 Baths 2,643 Sq.Ft.

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.

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Location

5205 E Pelican Drive, Oak Island, NC 28465

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 5205 E Pelican Drive, Oak Island, NC 28465. We are reviewing your request and will be in touch shortly!
April Annas

April Annas

TITLE

Broker | Realtor®

Property Amenities

Interior
Fireplace None
Total Bedrooms: 6
Full Bathrooms: 6
Other Interior Features High Ceilings, Kitchen Island, Furnished
Area & Lot
Lot Area 5,227 Sq.Ft.
Living area 2,643 Sq.Ft.
MLS® ID 100524208
Year Built 2022
School District Brunswick County Schools
High School South Brunswick
Middle School South Brunswick
Elementary School Southport
Water Frontage Third Row
View Description Ocean
Type Residential
Status For Sale
Exterior
Stories 2
Air conditioning Central Air
Heat type Electric, Heat Pump
Water Source Municipal Water
Sewer Municipal Sewer
Parking Covered, Gravel
Roof Architectural Shingle
Utilities Sewer Connected, Water Connected
Finance
Sales Price $1,199,000

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