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Off market
  • $1,267,800

    5223 E Pelican Drive, Oak Island, NC 28465

    5beds
    2,026sqft
    Single Family Residence
    Built in 2018
    6,969 Square Feet Lot
    $1,267,800 Zestimate®
    $626/sqft
    $2,877 Estimated rent

    Home value

    $1,267,800

    $1.19M - $1.34M

    $2,877/mo

    Zestimate® history
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    $7,342/mo

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    What's special

    Luxury beach livingFully furnished exquisite homeVaulted ceilingsHardwood floorsTiled showerOpen floor planReverse floor plan

    Experience the ultimate in luxury beach living. This dream home boasts five bedrooms, three and one-half baths, three-stop elevator, a saltwater pool, and a fenced-in backyard. Embrace tranquility and luxury in every corner of this fully furnished exquisite home, where breathtaking views meet unparalleled comfort and style. Boasting a reverse floor plan, the first level has four bedrooms seamlessly connected by dual entry bathrooms for optimal convenience and privacy. The upper level brings you to the main living area with an open floor plan and hardwood floors. Step into the spacious primary bedroom with vaulted ceilings, a walk-in closet, and a tiled shower with dual vanities. Enjoy stunning sunrises or sunsets from the front and back double balconies. Outside has ample storage options, ideal for storing beach gear, essentials, and your golf cart. After a day of fun in the sun, indulge in the convenience of an outdoor shower, perfect for rinsing off the salt and sand. This thoughtfully designed home offers a seamless blend of indoor and outdoor living. This turn key home has an established rental history for a lucrative investment or simply ready for you to slip into vacation mode. Your dream coastal haven awaits!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen M Foxx 980-406-7130,

    Coldwell Banker Realty

    Bought with:

    Stephen S Kane, 274631

    Keller Williams Innovate-OKI

    Source: Hive MLS,MLS#: 100429874MLS LogoOriginating MLS: Brunswick County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Master Bedroom, Living Room, Kitchen, Dining Room, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Basement
    Primary bedroom
    • Level: Second
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Bedroom 4
    • Level: First
    Bathroom 1
    • Level: Second
    Bathroom 2
    • Level: Second
    Bathroom 3
    • Level: First
    Bathroom 4
    • Level: First
    Dining room
    • Level: Second
    Kitchen
    • Level: Second
    Living room
    • Level: Second
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
    • Laundry: Laundry Closet
    Features
    • Walk-in Closet(s), High Ceilings, Kitchen Island, Elevator, Furnished, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 2,026
    • Total interior livable area: 2,026 sqft

    Property

    Parking
    • Parking features: Covered, Concrete, Paved
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch, Balcony
    • Exterior features: Outdoor Shower, Irrigation System, DP50 Windows
    • Pool features: In Ground
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: None
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 48 x 152 x 50 x 138
    • Features: Level
    Details
    • Additional structures: Shower, Storage
    • Parcel number: 249dd017
    • Zoning: 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: No
    • Year built: 2018

    Utilities & green energy

    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $626/sqft
    • Tax assessed value: $950,290
    • Annual tax amount: $3,702
    • Date on market: 10/7/2025
    • Cumulative days on market: 10 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/9/2024Pending sale$1,295,000$639/sqft
    Source: Hive MLS #100429874 Report a problem
    2/28/2024Listed for sale$1,295,000+57.9%$639/sqft
    Source: Hive MLS #100429874 Report a problem
    11/18/2021Sold$820,000+0.6%$405/sqft
    Source: Public Record Report a problem
    10/1/2021Pending sale$815,000+35.8%$402/sqft
    Source: Hive MLS #100292577 Report a problem
    3/27/2018Sold$600,000+0%$296/sqft
    Source: Public Record Report a problem
    2/27/2018Pending sale$599,900$296/sqft
    Source: Better Beach Sales & Rentals, Inc. #100094265 Report a problem
    12/26/2017Listed for sale$599,900+445.4%$296/sqft
    Source: Better Beach Sales & Rentals, Inc. #100094265 Report a problem
    5/25/2016Sold$110,000-8.3%$54/sqft
    Source: Public Record Report a problem
    5/10/2016Pending sale$120,000$59/sqft
    Source: Coldwell Banker Sea Coast Advantage #20696115 Report a problem
    9/2/2015Listed for sale$120,000-31.4%$59/sqft
    Source: Coldwell Banker Sea Coast Adva #696115 Report a problem
    1/24/2011Listing removed$175,000$86/sqft
    Source: Coldwell Banker Sea Coast Realty #639384 Report a problem
    7/3/2009Listed for sale$175,000$86/sqft
    Source: Coldwell Banker Sea Coast Realty #639384 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,702 -9.8%$969,010
    2024$4,102 +1.8%$969,010 +2%
    2023$4,030 +15%$950,290 +58.7%
    2022$3,505 +1.8%$598,960
    2021$3,445 +1.5%$598,960
    2020$3,395 $598,960
    2019$3,395 +90.6%$598,960 +105.4%
    2018$1,781 +314.2%$291,600 +264.5%
    2017$430 $80,000
    2016$430 $80,000
    2015$430 $80,000
    2011-- --
    2010-- --
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    Find assessor info on the county website

    Neighborhood: 28465

    Nearby schools

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    Estimated market value
    $1,267,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,267,800