About this home
Welcome to your dream coastal oasis! Perched on Oak Island's highly desirable third row and located just steps from the sand, this stunning two-story elevated home delivers the quintessential beach lifestyle, now upgraded with the ultimate backyard luxury. The crown jewel of this property is a brand-new, sparkling inground pool, transforming the backyard into a private, sun-soaked resort complete with a regulation-size cornhole court, relaxing swings, a dedicated grilling area, and a refreshing outdoor shower. From both of the expansive decks, you will be treated to amazing, panoramic ocean views that turn every sunrise and sunset into your own private show. Inside, the home boasts a brilliant, high-utility layout featuring two identical, fully independent living spaces--one on each level. Each floor features its own bright and airy living area, fully equipped kitchen, comfortable bedrooms, and pristine baths. This unique setup offers absolute perfection for a multi-family getaway, allowing large groups to vacation together while maintaining total privacy. Sold fully furnished with minor décor and fishing exclusions, this property is completely turn-key and ready for immediate enjoyment. When you are not lounging poolside or beachside, you are just minutes away from Oak Island's best perks, enjoying effortless access to local grocery stores, boutique shopping, and vibrant coastal dining. Whether you are seeking a premier investment property, a luxury family retreat, or a mix of both, this home offers a rare combination of views, layout, and amenities that simply cannot be matched. Schedule your private tour today and start living the beach life you deserve!
Facts
- Type
- Single Family Residence
- Year built
- 2022
- Lot
- 0.12 acres
- Waterfront
- Third Row
- County
- Brunswick
- Price per sq ft
- $522
- Stories
- 2
- Construction
- Vinyl Siding, Wood Frame
- Roof
- Architectural Shingle
- Foundation
- Other, Pilings
- Water
- Public
- Property tax
- $5,963 / year (2025)
- Listed
- May 28, 2026
- MLS #
- 100577367
Features
Inside
- High Ceilings
- Kitchen Island
- Furnished
- Blinds/Shades
Outside
- Third Row
- Ocean
Parking
- Covered
- Gravel
Heating & cooling
- Electric
- Heat Pump
- Central Air
Directions to 5205 E Pelican Drive
133 to right on E Oak Island. Left on 53rd, Rt on Pelican,
Schools
- Elementary
- Southport
- Middle
- South Brunswick
- High
- South Brunswick
As listed in the MLS (Brunswick County Schools). School assignments can change — confirm with the district for this address.
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Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 4927 E Pelican Drive, Oak Island | May 11, 2026 | 4 / 5 | 2,043 | $1,227,000 | $601 |
| 4619 E Beach Drive, Oak Island | May 28, 2026 | 5 / 5 | 2,720 | $1,880,000 | $691 |
| 225 NE 54th Street, Oak Island | May 28, 2026 | 3 / 3 | 2,232 | $999,000 | $448 |
| 4321 E Beach Drive, Oak Island | Jul 24, 2026 | 6 / 5 | 2,650 | $1,705,000 | $643 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Oak Island? Local guides
- Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
Explore the area
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About 5205 E Pelican Drive
5205 E Pelican Drive is a 5-bedroom, 6-bath home of about 2,670 square feet, built in 2022, Oak Island, Brunswick County, NC 28465.
At $1,395,000, it's right around the median asking price ($1,387,500) of the 16 other 5-bedroom listings for sale in Oak Island today.
That's about $522 per square foot, compared with a Oak Island median asking price of $438 per square foot.
Across ZIP 28465, 26 5-bedroom homes sold in the past year at a median of $1,467,500.
It has been on the market for 147 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Buying 5205 E Pelican Drive
- See it in person. Pick a time and we'll call to confirm — often same day.
- See the cost of waiting. What waiting could cost you on this home, and what it could look like 10 years from now, using today's national rate and 20 years of home price history. No sign-up.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 5205 E Pelican Drive? See what it's worth — a home value report built from real sales in Oak Island.
What's my home worth? →Questions about 5205 E Pelican Drive
How much is 5205 E Pelican Drive?
5205 E Pelican Drive is listed at $1,395,000 (about $522 per square foot) as of October 22, 2026. Status: for sale.
How many bedrooms and bathrooms does 5205 E Pelican Drive have?
5 bedrooms and 6 bathrooms, with about 2,670 square feet.
How long has 5205 E Pelican Drive been on the market?
147 days.
When was 5205 E Pelican Drive built?
2022.
Who is the listing broker for 5205 E Pelican Drive?
Grow Local Realty LLC (MLS #100577367). The Buddy Blake Team can show it to you and answer questions.
Can I tour 5205 E Pelican Drive?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.