$625,000

2 bd · 1 ba · 768 sq ft

5221 E Pelican Drive Oak Island, NC 28465

Listed 42 days ago (Sep 22, 2026) · Status checked with the MLS Nov 3, 10:19 PM

Market checkSimilar homes in Oak Island near this price sold for a median 96.4% of first asking price in 62 days (119 sales, last 6 months) See recent sales ↓

Hive MLSListed by Century 21 Collective

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Video tour

About this home

Start your mornings with salty breezes and glimpses of the ocean at 5221 East Pelican Drive, a charming third row beach cottage on Oak Island. Furnished and well maintained, this two bedroom, one bathroom retreat offers a welcoming place to settle into the coastal lifestyle. Spend your days by the ocean, then return to the comfort of your own cottage to unwind and enjoy the slower pace of island living. A cargo lift adds everyday convenience, making it easier to bring up groceries, luggage, and beach essentials. A prime island location puts restaurants, shopping, and beach access close at hand, making it easy to enjoy everything you love about Oak Island. Currently enjoyed as both a vacation rental and a second home, this inviting cottage blends personal coastal escapes with rental potential. Whether you are dreaming of a weekend getaway or a place to call home by the coast, this cottage is ready for your next chapter.

Facts

Type
Single Family Residence
Year built
1967
Lot
0.15 acres
Waterfront
Third Row
County
Brunswick
Price per sq ft
$814
Stories
1
Construction
Fiber Cement, Wood Frame
Roof
Metal
Foundation
Other, Pilings
Property tax
$3,282 / year (2026)
Listed
Sep 22, 2026
MLS #
100605178

Features

Inside

  • Furnished
  • Pantry

Outside

  • Outdoor Shower
  • Other
  • Third Row
  • Ocean

Parking

  • Gravel
  • Off Street
  • On Site

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Directions to 5221 E Pelican Drive

Oak Island Dr to SE 54th St. Make a slight left onto E Pelican Dr. Property will be straight ahead.

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

HomeSoldBd / BaSq ftPrice$ / sq ft
112 NE 51st Street, Oak IslandSep 1, 20262 / 1847$395,000$466
339 NE 50th Street, Oak IslandJul 31, 20262 / 1790$390,000$494

Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.

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Our take on 5221 E Pelican Drive

Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.

Built in 1967, this one-story single-family property offers 768 square feet with two bedrooms and one bathroom, all on a single level. The interior is listed as furnished and includes a pantry. Climate control comes from an electric heat pump paired with central air.

The lot covers 0.15 acres and sits outside any subdivision in Oak Island, so its setting is defined by the lot itself rather than shared community features. It is listed as third row from the water and has an ocean view. Outdoors, there is an outdoor shower, and parking is gravel, on site and off the street.

Explore the area

About 5221 E Pelican Drive

5221 E Pelican Drive is a 2-bedroom, 1-bath home of about 768 square feet, built in 1967, Oak Island, Brunswick County, NC 28465.

At $625,000, it's 39% above the median asking price ($449,000) of the 23 other 2-bedroom listings for sale in Oak Island today.

That's about $814 per square foot, compared with a Oak Island median asking price of $436 per square foot.

Across ZIP 28465, 56 2-bedroom homes sold in the past year at a median of $410,000.

It has been on the market for 43 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 5221 E Pelican Drive

  1. See it in person. Pick a time and we'll call to confirm — often same day.
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Questions about 5221 E Pelican Drive

How much is 5221 E Pelican Drive?

5221 E Pelican Drive is listed at $625,000 (about $814 per square foot) as of November 3, 2026. Status: for sale.

How many bedrooms and bathrooms does 5221 E Pelican Drive have?

2 bedrooms and 1 bathroom, with about 768 square feet.

How long has 5221 E Pelican Drive been on the market?

43 days.

When was 5221 E Pelican Drive built?

1967.

Who is the listing broker for 5221 E Pelican Drive?

Century 21 Collective (MLS #100605178). The Buddy Blake Team can show it to you and answer questions.

Can I tour 5221 E Pelican Drive?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Century 21 Collective via Hive MLS.