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Sold for $975,000
  • $975,000

    601 E Beach Drive, Oak Island, NC 28465

    4beds
    1,565sqft
    Single Family Residence
    Built in 1984
    7,405 Square Feet Lot
    $974,500 Zestimate®
    $623/sqft
    $2,518 Estimated rent

    Home value

    $974,500

    $897,000 - $1.06M

    $2,518/mo

    Zestimate® history
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    What's special

    Welcome to The Pink Pelican, a beautifully updated, fully furnished 4-bedroom oceanfront cottage perched on a desirable corner lot along the shores of Oak Island. This coastal gem offers sweeping water views from a spacious wraparound back deck -perfect for soaking up the sun, enjoying your morning coffee at sunrise, or unwinding in the evenings as the sun sets over the Atlantic. From dolphins playing in the surf to the coastal birds gliding overhead, the natural beauty here is nonstop. A private path leads directly from the deck to the beach, making your toes-in-the-sand moments just steps away. Extensively renovated since 2020, this home features a stylish modern kitchen with new cabinets, marble countertops, and stainless steel appliances. In the past month, the wood paneling was removed and replaced with drywall, along with new paint, interior trim, and a new tile backsplash in the kitchen. Both bathrooms have been thoughtfully updated, and the interior boasts LVP and tile flooring, fresh paint, and tasteful furnishings with a clean, contemporary feel. Exterior updates include a new roof (3 years), new HVAC and ductwork (2 years), freshly painted Hardie board siding (2 years), and a rebuilt deck with updated handrails. This turn-key property is currently a successful vacation rental on VRBO, bringing in an average of $78,000 annually over the past three years. It's pet-free, smoke-free, and impeccably maintained - making it an ideal second home, income-producing investment, or both. Conveniently located near Oak Island's restaurants, shops, and entertainment, and just a short 45-minute drive to Wilmington or North Myrtle Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Luczak 910-622-5400,

    Century 21 Vanguard

    Bought with:

    John G Hamilton, 225370

    Better Beach Sales & Rentals, Inc.

    Source: Hive MLS,MLS#: 100528926MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dishwasher
    • Laundry: Laundry Closet
    Features
    • Vaulted Ceiling(s), High Ceilings, Kitchen Island, Ceiling Fan(s), Furnished, Blinds/Shades
    • Flooring: LVT/LVP, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,565
    • Total interior livable area: 1,565 sqft

    Property

    Parking
    • Parking features: On Site
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front
    • Frontage type: Oceanfront
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 150
    • Features: Ocean Side
    Details
    • Parcel number: 235pe023
    • Zoning: Ok-R-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Composition, Fiber Cement
    • Foundation: Other, Pilings
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: E. Long Beach
    HOA
    • Has HOA: No
    Location
    • Region: Oak Island

    Financial & listing details

    • Price per square foot: $623/sqft
    • Tax assessed value: $888,050
    • Annual tax amount: $5,674
    • Date on market: 9/4/2025
    • Cumulative days on market: 44 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/24/2025Sold$975,000-2.5%$623/sqft
    Source: Hive MLS #100528926 Report a problem
    10/17/2025Pending sale$999,900$639/sqft
    Source: Hive MLS #100528926 Report a problem
    10/12/2025Price change$999,900-4%$639/sqft
    Source: Hive MLS #100528926 Report a problem
    9/4/2025Listed for sale$1,042,000-5.3%$666/sqft
    Source: Hive MLS #100528926 Report a problem
    10/7/2024Listing removed$1,100,000$703/sqft
    Source: Hive MLS #100459836 Report a problem
    8/23/2024Price change$1,100,000-15.4%$703/sqft
    Source: Hive MLS #100459836 Report a problem
    8/7/2024Listed for sale$1,299,900+194.1%$831/sqft
    Source: Hive MLS #100459836 Report a problem
    3/19/2020Sold$442,000-9.6%$282/sqft
    Source: Hive MLS #100145710 Report a problem
    1/28/2020Pending sale$489,000$312/sqft
    Source: Coldwell Banker Sea Coast Advantage #100145710 Report a problem
    1/20/2020Price change$489,000-9.4%$312/sqft
    Source: Coldwell Banker Sea Coast Advantage #100145710 Report a problem
    5/9/2019Price change$539,900-1.8%$345/sqft
    Source: Coldwell Banker Sea Coast Advantage #100145710 Report a problem
    1/11/2019Listed for sale$549,900$351/sqft
    Source: Coldwell Banker Sea Coast Advantage #100145710 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,452 -5.5%$888,050
    2024$3,652 $888,050
    2023$3,652 +44.1%$888,050 +102%
    2022$2,535 +3.1%$439,680
    2021$2,458 -0.9%$439,680
    2020$2,480 $439,680
    2019$2,480 +31.8%$439,680 +34.4%
    2018$1,883 +3.6%$327,170 +87%
    2017$1,818 $175,000
    2016$1,818 $175,000 -46.5%
    2015$1,818 -0.7%$327,170 -8.8%
    2014$1,831 $358,740
    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
    $974,500
    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
    $974,500