Listing provided courtesy of Grow Local Realty LLCMLS# 100577367MLS Provider
  • 32 days on site
  • 3 views

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!

Source: Hive MLS, MLS#: 100577367

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  • Property Type
    Residential
  • Lot
    0.12 acres

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  • Median Age
    60
  • Population Density
    555
  • College Educated
    55%
  • Estimated Median Income
    $70,646
  • Estimated Total Home Owners
    3,145
  • Estimated Total Renters
    566
  • Owner / Renter Divide
    85% / 15%
  • Estimated Average Household Size
    2
  • Total Population
    7,750
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5205 E Pelican Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/11/2026Source: Hive MLS Price Reduction
$1,395,000 -3.8%
5/28/2026Source: Hive MLS Added to Database
May 28, 2026
2/13/2026Source: Hive MLS Status Change
Closed
1/1/2026Source: Hive MLS Status Change
Pending with Showings
12/19/2025Source: Hive MLS Price Reduction
$1,147,000 -0.1%
12/13/2025Source: Hive MLS Price Reduction
$1,148,000 -0.1%
12/11/2025Source: Hive MLS Added to Database
December 11, 2025
12/11/2025Source: Hive MLS Added to Database
December 11, 2025
12/11/2025Source: Hive MLS Added to Database
December 11, 2025
10/23/2025Source: Hive MLS Price Reduction
$1,149,000 -4.2%