Third Row Oak Island OCEANSIDE OASIS is on the way with an ELEVATED POOL, ELEVATOR, OCEAN VIEWS, & Beach Access ! Another Top Quality, Oak Island NEW CONSTRUCTION Home is under construction with a completion date of November 1st, 2025 by Elan Homes, a quality well known local builder. This home is only 3 rows back from the OCEAN!!! This stunning 5 Bedroom/3.5 bath home is a showstopper. Over 2600 square feet of primary living space. Located right in PRIME beach location,being right at beach access, the intracoastal waterway, NE 55th Street public boat ramp, NE 52nd Street ICW park, AND close to all area shops, restaurants and attractions. You can have luxury at the beach RIGHT NOW. This reputable & local builder pays close attention to detail and nothing will be overlooked in the finishes of this premier coastal home. Many upgraded features throughout this stunning home inside & out include: Hardie siding, composite decks, impact windows, tankless hot water, a Trane HVAC system. The kitchen includes shaker cabinets, quartz countertops, and all stainless appliances. This well adorned coastal home in prime beach location will not last long.Lock this beach beauty in now & enjoy beach life at it's best ! This phenomenal oceanside location is close to most town attractions, restaurants, shops, grocery stores, and is also located right at beach access on the OCEAN side of the island.
Sold for $1,500,000
$1,500,000
5201 E Pelican Drive, Oak Island, NC 28465
5beds
2,600sqft
Single Family Residence
Built in 2025
6,534 Square Feet Lot
$1,493,900 Zestimate®
$577/sqft
$3,064 Estimated rent
Home value
$1,493,900
$1.37M - $1.63M
$3,064/mo
Zestimate® history
Owner options
List your home for rent
$3,064/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,064/mo
Rent Zestimate®
Refinance and save
$8,703/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,703/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Ocean viewsBeach accessComposite decksImpact windowsStainless appliancesQuartz countertopsTrane hvac system
Zillow last checked:
Listing updated:
Listed by:
Lindsey M Jenkins 910-368-9626,
Century 21 Collective
Bought with:
Rouse & Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
Source: Hive MLS,MLS#: 100511902
Originating MLS: Brunswick County Association of Realtors
Originating MLS: Brunswick County Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup
Features
- Vaulted Ceiling(s), High Ceilings, Solid Surface, Kitchen Island, Elevator, Pantry
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Concrete, Off Street, On Site
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch, Screened, Balcony
- Exterior features: Outdoor Shower
- Pool features: Above Ground, See Remarks
- Fencing: None
- Has view: Yes
- View description: Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Third Row
Lot
- Size: 6,534 Square Feet
- Dimensions: 54 x 116 x 55 x 109 ( appro x ) TD not yet defined
- Features: Corner Lot, Third Row
Details
- Parcel number: 249dd02701
- Zoning: Ok-R-7
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Other, Pilings
- Roof: Architectural Shingle
Condition
- New construction: Yes
- Year built: 2025
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: $577/sqft
- Tax assessed value: $716,200
- Date on market: 8/8/2025
- Cumulative days on market: 115 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Construction to Perm.,Cash,Conventional,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $1,500,000+0.1%$577/sqft |
Source:  Hive MLS #100511902 Report a problem | ||
| 9/28/2025 | Pending sale | $1,499,000$577/sqft |
Source: Hive MLS #100511902 Report a problem | ||
| 6/5/2025 | Listed for sale | $1,499,000$577/sqft |
Source: Hive MLS #100511902 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28465
Nearby homes
- $1,010,0004 bd3 ba1.7k sqft5203 E Pelican Dr, Oak Island, NC 28465Sold
- $1,395,0005 bd6 ba2.6k sqft5205 E Pelican Dr, Oak Island, NC 28465For Sale
- $1,249,0005 bd4 ba1.9k sqft5207 E Pelican Dr, Oak Island, NC 28465Sold
- $1,260,0004 bd4 ba1.8k sqft4929 E Pelican Dr, Oak Island, NC 28465Sold
- $--6,534 Square Feet16-L E Pelican Dr LOT OAK, Oak Island, NC 28465Off Market
- $1,508,9004 bd3 ba2.7k sqft5202 E Beach Dr, Oak Island, NC 28465Off Market
- $884,1004 bd2 ba1.5k sqft5204 E Beach Dr, Oak Island, NC 28465Off Market
- $896,4004 bd2 ba1.3k sqft5206 E Beach Dr, Oak Island, NC 28465Off Market
Nearby schools
GreatSchools rating
- 8/10Southport ElementaryGrades: K-5Distance: 4.7 mi
- 4/10South Brunswick MiddleGrades: 6-8Distance: 7.7 mi
- 4/10South Brunswick HighGrades: 9-12Distance: 8.1 mi
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.
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
$1,493,900
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
$1,493,900
- North Carolina
- Brunswick County
- Oak Island
- 28465
- 5201 E Pelican Drive
Nearby cities
Nearby zip codes
Other Oak Island Topics
