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Sold for $1,010,000
  • $1,010,000

    5203 E Pelican Drive, Oak Island, NC 28465

    4beds
    1,736sqft
    Single Family Residence
    Built in 2024
    5,662 Square Feet Lot
    $1,007,400 Zestimate®
    $582/sqft
    $2,624 Estimated rent

    Home value

    $1,007,400

    $907,000 - $1.12M

    $2,624/mo

    Zestimate® history
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    What's special

    A Third Row Oak Island OCEANSIDE OASIS is on the way with an OCEAN VIEW & Beach Access! Another Top Quality, Oak Island NEW CONSTRUCTION Home is under construction with a completion date of March 1st, 2025 by Elan Homes, a quality well known local builder, just became available on the market. This home is only 3 rows back from the OCEAN!!! *Please note photos are for illustrative purposes only and are from a previous build of the same plan with similar finishes** This stunning 4 Bedrooms/3 bath home is one of ELAN HOMES most popular plans.Offering 2 ensuite bedrooms with custom tiled showers and a beautiful tiled surround tub/shower combo for the guest bathroom. Over 1730 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, shiplapped wall to include electric fireplace, and beautiful wood trim throughout the entire home. The kitchen includes shaker cabinets, quartz countertops, and all stainless appliances. Both master bathrooms include a tiled walk in shower, shiplap, and quartz countertops. This well adorned coastal home in prime beach location will not last long now that it is to be completed in just a few short months right in time for SPRING.Lock this beach beauty in now & enjoy beach life at it's best this year! 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey M Jenkins 910-368-9626,

    Century 21 Collective

    Bought with:

    Rose J Glinski, 258484

    Redfin Corporation

    Source: Hive MLS,MLS#: 100480309MLS LogoOriginating MLS: Brunswick County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
    Features
    • Vaulted Ceiling(s), High Ceilings
    • Flooring: LVT/LVP, Tile
    Interior area
    • Total structure area: 1,736
    • Total interior livable area: 1,736 sqft

    Property

    Parking
    • Parking features: Concrete, Off Street, On Site
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Fencing: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Third Row
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 50 x 102
    • Features: Third Row
    Details
    • Parcel number: 249dd027
    • 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: Shingle
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $582/sqft
    • Tax assessed value: $716,200
    • Annual tax amount: $2,096
    • Date on market: 10/16/2025
    • Cumulative days on market: 1 day
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Construction to Perm.,Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/6/2025Sold$1,010,000+1%$582/sqft
    Source: Hive MLS #100480309 Report a problem
    12/18/2024Contingent$999,999$576/sqft
    Source: Hive MLS #100480309 Report a problem
    12/17/2024Listed for sale$999,999+33.3%$576/sqft
    Source: Hive MLS #100480309 Report a problem
    8/5/2024Sold$750,000-5.1%$432/sqft
    Source: Hive MLS #100426375 Report a problem
    5/23/2024Pending sale$790,000$455/sqft
    Source: Hive MLS #100426375 Report a problem
    3/27/2024Price change$790,000-3.1%$455/sqft
    Source: Hive MLS #100426375 Report a problem
    2/10/2024Listed for sale$814,900+254.3%$469/sqft
    Source: Hive MLS #100426375 Report a problem
    7/17/2017Sold$230,000-3.6%$132/sqft
    Source: Public Record Report a problem
    4/17/2017Pending sale$238,500$137/sqft
    Source: RE/MAX at the Beach / Oak Island #100000808 Report a problem
    3/17/2017Price change$238,500+6%$137/sqft
    Source: RE/MAX at the Beach / Oak Island #100000808 Report a problem
    10/1/2016Price change$225,000-8.2%$130/sqft
    Source: RE/MAX at the Beach / Oak Island #100000808 Report a problem
    6/22/2016Price change$245,000-5.6%$141/sqft
    Source: RE/MAX at the Beach / Oak Island #100000808 Report a problem
    1/30/2016Listed for sale$259,550-5.6%$150/sqft
    Source: RE/MAX at the Beach / Oak Island #100000808 Report a problem
    1/2/2013Listing removed$275,000$158/sqft
    Source: Margaret Rudd & Associates, Inc., REALTORS #667694 Report a problem
    9/28/2012Price change$275,000-21.4%$158/sqft
    Source: Margaret Rudd & Associates, Inc., REALTORS #667694 Report a problem
    8/14/2012Listed for sale$350,000$202/sqft
    Source: Margaret Rudd & Associates, Inc., REALTORS #667694 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,096 -26.1%$548,700 -23.4%
    2024$2,836 $716,200
    2023$2,836 +57.1%$716,200 +119.3%
    2022$1,805 +0.8%$326,630
    2021$1,790 +0.7%$326,630
    2020$1,777 $326,630
    2019$1,777 +53.6%$326,630 +56.7%
    2018$1,157 +14.3%$208,440 +73.7%
    2017$1,012 $120,000
    2016$1,012 $120,000 -34.5%
    2015$1,012 -23%$183,180 -30%
    2014$1,313 $261,820
    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
    $1,007,400
    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
    $1,007,400