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.
Payment calculator
Enter the rate a lender quoted you and pick a down payment to see principal and interest for this home. Not sure what to use? See this week's national average at Freddie Mac ↗
Get your actual rate for this home — usually same day
Joey Milam, Alpha Mortgage Advantage · NMLS #117399 · You're free to choose any lender.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 112 NE 51st Street, Oak Island | Sep 1, 2026 | 2 / 1 | 847 | $395,000 | $466 |
| 339 NE 50th Street, Oak Island | Jul 31, 2026 | 2 / 1 | 790 | $390,000 | $494 |
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
Popular searches in Oak Island
- One-story homes in Oak Island (106)
- Homes with the primary bedroom on the main floor in Oak Island (183)
- Waterfront homes in Oak Island (36)
- Homes with a private pool in Oak Island (9)
- New homes & new construction in Oak Island (24)
- Homes with a recent price cut in Oak Island (55)
- Open house homes in Oak Island (11)
- Golf community homes in Oak Island (75)
- Homes with no HOA in Oak Island (203)
- Condos in Oak Island (13)
- Land and lots in Oak Island (40)
- Luxury homes ($1M+) in Oak Island (57)
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 ($449,500) of the 24 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 $440 per square foot.
Across ZIP 28465, 56 2-bedroom homes sold in the past year at a median of $417,500.
It has been on the market for 33 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
- 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 5221 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 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 October 25, 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?
33 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.
