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Active
$1,395,000 Est. $9,612/mo — Get pre-qualified
5beds 6baths 2,670sq ft 0.12acres

5205 E Pelican Drive · Oak Island, NC 28465

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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!

Features & Amenities

Living Area2,670 Sq.Ft.
Bedrooms5
Baths6
HeatingElectric, Heat Pump
CoolingCentral Air
FireplaceNo
Interior FeaturesHigh Ceilings, Kitchen Island, Furnished, Blinds/Shades
StyleSingle Family Residence
Year Built2022
ConstructionVinyl Siding, Wood Frame
RoofArchitectural Shingle
FoundationOther, Pilings
ParkingCovered, Gravel
StatusActive
Lot Size0.12 Acres
Lot FeaturesThird Row
SubdivisionNot In Subdivision
CountyBRUNSWICK
Last UpdatedOct 7, 2026
UtilitiesSewer Connected, Water Connected
Water SourcePublic
HOANo
ElementarySouthport Elementary School
MiddleSouth Brunswick Middle School
HighSouth Brunswick High School
Presented By: Grow Local Realty LLC; brianshargrove@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $1,450,000 → $1,395,000 ▾ $55,000 (3.8%)

Monthly Cost Estimate

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Last Updated: Oct 7, 2026