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Sold for $590,000
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  • $590,000

    3518 E Pelican Drive, Oak Island, NC 28465

    3beds
    1,489sqft
    Single Family Residence
    Built in 1988
    7,840 Square Feet Lot
    $588,800 Zestimate®
    $396/sqft
    $2,459 Estimated rent

    Home value

    $588,800

    $542,000 - $636,000

    $2,459/mo

    Zestimate® history
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    $3,455/mo

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    What's special

    Coastal Living Awaits! This 3-bedroom, 2-bath beach getaway is bursting with potential and coastal charm! Just 4 rows from the beach, you can hear the ocean waves and enjoy that salty air from your screened-in front deck. Inside, enjoy an open-concept living and kitchen area with soaring ceilings that create a bright and breezy atmosphere. The loft area features a closet and its own private deck balcony with partial ocean views — perfect for a home office, guest retreat, or bonus lounge space. Just outside in the back, take in the tranquil canal views, or cast a line from your own backyard and enjoy waterfront living at its best. Two large storage rooms beneath the home offer plenty of space for all your beach gear, bikes, and fishing equipment. Beach access is just around the corner, and you're moments from Middleton Park, local restaurants, both piers, and all the best of Oak Island. Whether you're seeking a rental investment, vacation home, or a future primary residence, this property has all the makings of a true coastal gem. And don't forget Oak Island's southern-facing beaches mean some of the best sunset views around!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mandy Lankford 828-302-4719,

    Island Life Real Estate, LLC

    Bought with:

    Team Selling Sand, 159095

    Coldwell Banker Sea Coast Advantage

    Source: Hive MLS,MLS#: 100530451MLS LogoOriginating MLS: Brunswick County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Features
    • Vaulted Ceiling(s), Furnished
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,489
    • Total interior livable area: 1,489 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch, Screened
    • Fencing: None
    • On waterfront: Yes
    • Waterfront features: Salt Marsh
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 62 x 123 x 63 x 123
    • Features: Salt Marsh
    Details
    • Parcel number: 235ni024
    • Zoning: R7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Other, Pilings
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $560,170
    • Annual tax amount: $2,140
    • Date on market: 9/12/2025
    • Cumulative days on market: 116 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/16/2026Sold$590,000-9.2%$396/sqft
    Source: Hive MLS #100530451 Report a problem
    1/5/2026Contingent$650,000$437/sqft
    Source: Hive MLS #100530451 Report a problem
    11/11/2025Price change$650,000-7%$437/sqft
    Source: Hive MLS #100530451 Report a problem
    9/12/2025Listed for sale$699,000$469/sqft
    Source: Hive MLS #100530451 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,140 -8.5%$560,170
    2024$2,340 $560,170
    2023$2,340 +29%$560,170 +80%
    2022$1,814 +1.7%$311,180
    2021$1,784 +1.4%$311,180
    2020$1,759 $311,180
    2019$1,759 +14.4%$311,180 +146.1%
    2018$1,538 +1.7%$126,460
    2017$1,513 $126,460
    2016$1,513 $126,460 -53%
    2015$1,513 -3.3%$269,090 -11.3%
    2014$1,565 $303,538
    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
    $588,800
    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
    $588,800