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Sold for $740,000
  • $740,000

    1012 W Pelican Drive, Oak Island, NC 28465

    3beds
    1,070sqft
    Single Family Residence
    Built in 1983
    9,583 Square Feet Lot
    $742,400 Zestimate®
    $692/sqft
    $2,239 Estimated rent

    Home value

    $742,400

    $668,000 - $824,000

    $2,239/mo

    Zestimate® history
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    What's special

    Beautiful MARSHFRONT home on Oak Island. This 3-bedroom, 2-bathroom cottage provides extended living space with its extra wide, screened front porch, wrap-around deck overlooking the marsh with back steps down to the cozy firepit! A spacious living room and dining room give you even more area to enjoy family and friends. The coastal décor of ''Southern Marsh'' creates an ambience of relaxation. Renovations in 2021 included luxury vinyl tiled floors, shiplap in guest bath, blinds and new light fixtures, new dishwasher hook-up and appliance added along with stove and microwave; kitchen countertop and lower cabinets were replaced with quartz countertops, slow-closing cabinetry; side decking with steps were replaced and the wrap-around rear deck with back steps were added. In 2023 and 2024 more renovations included ASCEND Composite Cladding with a limited lifetime transferable warranty, new construction windows with limited lifetime transferable warranty, Bahama shutters, rain gutters over decking, newly framed screened porch with composite decking, guest bath shower/tub, rock landscaping, firepit, and two palm trees. ''Southern Marsh'' beach cottage comes furnished with a few exceptions. You will love the extra storage building under the home and the outdoor shower. Beach access is just several blocks around the corner on 10th Place West. Enjoy Oak Island restaurants, two piers, waterway boat access, golf course and much, much more! For off-island excursions you are close to Middleton Drive for a day in Southport, Wilmington or Myrtle Beach. ''Southern Marsh'' is the cottage to call your own or a great investment rental. Ask for warranty details

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeanette Sanderson 919-793-3703,

    PROACTIVE Real Estate

    Bought with:

    Andrew Kelly, 238211

    Nest Realty

    Source: Hive MLS,MLS#: 100484519MLS LogoOriginating MLS: Brunswick County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Master Bedroom, Bedroom 2, Bedroom 3, Utility Room, Dining Room, Kitchen, Living Room
    Primary bedroom
    • Description: Private Bathroom
    Utility room
    • Description: Room off kitchen w/d
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump
    Appliances
    • Included: Electric Oven, Washer, Refrigerator, Dryer, Disposal, Dishwasher
    • Laundry: Dryer Hookup, Washer Hookup, In Kitchen
    Features
    • Ceiling Fan(s), Furnished, Blinds/Shades
    • Flooring: LVT/LVP
    • Attic: Scuttle
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,070
    • Total interior livable area: 1,070 sqft

    Property

    Parking
    • Parking features: Gravel, Concrete, Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Open, Covered, Deck, Porch, Screened, Wrap Around
    • Fencing: None
    • Has view: Yes
    • View description: Marsh
    • Has water view: Yes
    • Water view: Marsh
    • Waterfront features: Salt Marsh, Marsh Front
    • Frontage type: Marsh Front
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 50 x 211.88 x 51 x 201.84
    • Features: Salt Marsh
    Details
    • Parcel number: 234nb01302
    • Zoning: Ok-R-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Other, Pilings
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Sewer Tap Available, Private Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Long Beach
    HOA
    • Has HOA: No
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $692/sqft
    • Tax assessed value: $553,200
    • Annual tax amount: $2,313
    • Date on market: 5/9/2025
    • Cumulative days on market: 161 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/5/2025Sold$740,000-1.2%$692/sqft
    Source: Hive MLS #100484519 Report a problem
    1/21/2025Pending sale$749,000$700/sqft
    Source: Hive MLS #100484519 Report a problem
    1/20/2025Listed for sale$749,000$700/sqft
    Source: Hive MLS #100484519 Report a problem
    12/21/2024Listing removed$749,000-3.4%$700/sqft
    Source: Hive MLS #100457474 Report a problem
    10/19/2024Price change$775,000-3%$724/sqft
    Source: Hive MLS #100457474 Report a problem
    7/24/2024Listed for sale$799,000+45.5%$747/sqft
    Source: Hive MLS #100457474 Report a problem
    8/26/2021Listing removed--
    Source: RE/MAX International Report a problem
    8/24/2021Price change$549,000-1.9%$513/sqft
    Source: RE/MAX International #100282043 Report a problem
    8/12/2021Price change$559,900-2.6%$523/sqft
    Source: RE/MAX International #100282043 Report a problem
    7/23/2021Listed for sale$575,000+86.1%$537/sqft
    Source: RE/MAX International #100282043 Report a problem
    10/9/2019Sold$309,000-17.5%$289/sqft
    Source: Hive MLS #100179160 Report a problem
    8/21/2017Listing removed$374,500$350/sqft
    Source: RE/MAX at the Beach / Oak Island #100069891 Report a problem
    6/27/2017Listed for sale$374,500$350/sqft
    Source: RE/MAX at the Beach / Oak Island #100069891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,113 -8.6%$553,200
    2024$2,313 $553,200
    2023$2,313 +45.8%$553,200 +106.4%
    2022$1,587 +1.9%$268,000
    2021$1,557 +1.6%$268,000
    2020$1,532 -0.5%$268,000
    2019$1,540 +20.4%$268,000 +22.8%
    2018$1,279 +2%$218,190 +89.7%
    2017$1,254 $115,000
    2016$1,254 $115,000 -47.3%
    2015$1,254 -34.6%$218,190 -41.8%
    2014$1,917 $374,950
    2013-- --
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    Find assessor info on the county website

    Neighborhood: 28465

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southport
    • Middle: South Brunswick
    • High: South Brunswick

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $742,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $742,400