5203 E Pelican Drive, Oak Island, NC 28465
FOR SALE0.27 ACRES

5203 E Pelican Drive
Oak Island, NC 28465

  • 3 Beds
  • 1 Bath
  • 912 sqft (on 0.27 acres)
  • 3 Beds
  • 1 Bath
  • 912 sqft (on 0.27 acres)

$790,000

Original price: $814,900
Est. Mortgage $4,585/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Seize the chance to own a slice of paradise with steady rental returns. This remarkable property boasts ocean views on an expansive lot and is being sold FULLY furnished. It is within close proximity to the beach access, Publix, charming local restaurants and shops. The lot could be subdivided to the original plat if the home is repositioned or moved. Don't delay--schedule your viewing today and witness the endless potential of this coastal gem!

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating & Cooling
HOA
No HOA Fee
Price/Sqft
$866
Listed
77 days ago

Home Details for 5203 E Pelican Drive

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Dining Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 912 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Tankless Water Heater
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Fireplace: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
Has a ViewView: Ocean

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, DeckFencing: NoneFoundation: Pilings
Parking & Garage
No CarportNo Attached GarageParking: Covered,On Site
Frontage
Road Frontage: Public (City/Cty/St)Not on Waterfront
Water & Sewer
Sewer: Municipal Sewer

Days on Market

Days on Market: 77

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Stick BuiltArchitecture: Stick Built
Building
Construction Materials: Wood Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 249dd027

Price & Status

Price
List Price: $790,000Price Per Sqft: $866

Active Status

MLS Status: Active

Location

Direction & Address
City: Oak IslandCommunity: Not In Subdivision
School Information
Elementary School: SouthportJr High / Middle School: South BrunswickHigh School: South Brunswick

Agent Information

Listing Agent
Listing ID: 100426375

Building

Building Area
Building Area: 912 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyNo HOA

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Compensation

Buyer Agency Commission: 2.50Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 100426375Living Area Range: 800 - 999Living Area Range Units: Square FeetWater ViewWater View: Ocean

Additional Information

HOA Amenities: None
Last check for updates: about 14 hours ago
Listing courtesy of April H Annas, (828) 312-7103
Island Life Real Estate, LLC
Source: NCRMLS, MLS#100426375

Price History for 5203 E Pelican Drive

DatePriceEventSource
03/27/2024$790,000PriceChange
NCRMLS #100426375
02/10/2024$814,900Listed For SaleNCRMLS #100426375
07/17/2017$230,000Sold
N/A
04/17/2017$238,500PendingAgent Provided
03/17/2017$238,500PriceChange
Agent Provided
10/01/2016$225,000PriceChange
Agent Provided
06/22/2016$245,000PriceChange
Agent Provided
01/30/2016$259,550Listed For SaleAgent Provided
01/02/2013$275,000ListingRemovedAgent Provided
09/28/2012$275,000PriceChange
Agent Provided
08/14/2012$350,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$2,836
Assessment$716,200
Home facts updated by county records

Comparable Sales for 5203 E Pelican Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.53
Single-Family Home
$294,000
05/12/23
3
1
1,008
0.15
Single-Family Home
$675,000
09/28/23
2
1
768
0.53
Single-Family Home
$365,000
10/31/23
3
1
1,025
0.60
Single-Family Home
$345,000
03/18/24
3
1
975
0.29
Single-Family Home
$460,000
09/05/23
3
2
1,201
0.39
Single-Family Home
$465,000
06/20/23
3
2
1,400
0.09
Single-Family Home
$785,000
03/22/24
3
2
1,470
0.52
Single-Family Home
$257,000
07/21/23
3
2
1,114

What Locals Say about Oak Island

  • Taf_19
    "Beach community - filled with full-time, part-time and tourists. All are usually very courteous and friendly. Laid back atmosphere."
    2
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  • Nancyrhall
    "Safe and very family friendly! We are hoping to buy here. We have family living here. Great rec center."
    0
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  • Jackiecastro
    "Sometimes the renters do not pick up after their dogs on the beach which is unacceptable Dogs need to be leashes certain times of the year (beach season) "
    1
    Flag
  • Sue A.
    "I am on the water, for the most part it is quiet. The town of Oak Island doesn’t take care of the town the way it should"
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  • Scottieruss
    "I've lived here all my life it used to be really nice and now it's grown up so much it's not what it was. more crimes more drugs but it's but I have to deal with now because I don't have the money to move out of state or out of County. the rent here is unbelievably High and the water bill is even astronomical. "
    0
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  • Chgrey1961
    "This is more of a retired community. If people do have children their kids are safe here They can ride their bikes. The schools here are good. I’d raise my kids here but my kids are already grown "
    17
    Flag
  • Marycarol Jones
    "Mayberry by the sea. Population is growing. As of 2/19, 8,400 full time residents. Like stepping back in time 40+ years"
    9
    Flag
  • Krissaunders6
    "The proximity to the beach is wonderful, but the beach crowd is very manageable. Wonderful throwback beach town."
    4
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  • sld3009
    "Neighbors watch out for each other but don't cause problems. People are friendly, caring. Good at sharing information.y"
    3
    Flag
  • tammymccaff
    "Small town, coastal community. most businesses are local merchants. The closest larger towns are Wilmington to the north and Myrtle Beach to the south. Love the small town community. "
    2
    Flag
  • Rmccune98
    "plenty of room for walks and exercise. great pet shop with lots of supplies and a good variety of food"
    0
    Flag
  • Teresa C.
    "Parks and recreation center free concerts free beach access pharmacy two local grocery stores, hospitals close by and many doctors and several urgent care centers"
    0
    Flag
  • Rmccune98
    "Great place to live and have friends and family visit. I like the sound of the ocean especially at night. "
    0
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  • Teresa R.
    "There is no public transportation and even if there were, I work 45mins away. It is a beautiful touristy place to live. It is also very clickish here."
    0
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  • Rmccune98
    "Island life is great and love living here part time. Wonderful community, I look forward to retiring here. "
    2
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  • Billie M.
    "Just moved here from Alabama. Very friendly people and lots of dogs which I love. Everyone seems to be happy bc they add most likely on vacation. Lots of food options. "
    2
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  • Caitlyn M.
    "Lots of old people, contractors building houses, and it’s dead in the winter time! How fun it can be"
    1
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  • Kellie C.
    "Not many people here during the slow season. From Memorial Day through Labor Day, be prepared for higher numbers...but even with the higher amounts of people here, you’ll still have 30’ of beach to your left and right, forward and back all to yourself!!"
    2
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LGBTQ Local Legal Protections

April H Annas, Island Life Real Estate, LLC
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2024-02-16 15:12:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 North Carolina Regional MLS LLC
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5203 E Pelican Drive, Oak Island, NC 28465 is a 3 bedroom, 1 bathroom, 912 sqft single-family home built in 1970. This property is currently available for sale and was listed by NCRMLS on Feb 10, 2024. The MLS # for this home is MLS# 100426375.