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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!

Highlights

  • Residential
  • Single Family Residence
  • Built in 2022
  • 0.12 Acre Lot
  • 167 days on Market

  • Bedrooms
    5
  • Bathrooms
    6
  • Year Built
    2022
  • Stories
    2.0
  • Construction Materials
    Frame, Vinyl Siding
  • Foundation
    Pillar/Post/Pier, Other
  • Parking Features
    Gravel, Covered
  • Living Area
    2670.0
  • Interior Features
    Kitchen Island, High Ceilings
  • Appliances
    Electric Water Heater
  • Furnished
    Furnished
  • Patio And Porch
    Covered, Deck
  • Cooling
    Central Air
  • Heating
    Electric, Heat Pump

  • Acres
    0.12
  • View
    Ocean
  • Utilities
    Sewer Connected, Water Connected
  • Water
    Public

  • County
    Brunswick
  • City
    Oak Island
  • Neighborhood
    Not In Subdivision
  • Zip Code
    28465
  • High School
    South Brunswick
  • Middle School
    South Brunswick
  • Elementary School
    Southport

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Frequently Asked Questions

How do I schedule a tour of 5205 E Pelican Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5205 E Pelican Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5205 E Pelican Dr?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 6 bath, listed for $1,395,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Oak Island, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5205 E Pelican Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5205 E Pelican Dr at around $8,435. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5205 E Pelican Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Brunswick County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5205 E Pelican Dr?

In most cases, yes. Whether 5205 E Pelican Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Oak Island's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5205 E Pelican Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Oak Island and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,395,000 with 2,670 sqft of space—that comes out to approximately $522 per square foot.

How long has this property been on the market?

5205 E Pelican Dr was listed on May 28, 2026, which means it's been on the market for 167 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2022, making it approximately 4 years old.

What is the lot size of this property?

5205 E Pelican Dr sits on a 0.12-acre lot, which is 5,227 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Southport
  • Middle: South Brunswick
  • High: South Brunswick

Want to see how these schools compare? Check out our Brunswick County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5205 E Pelican Dr?

The most recent public record shows annual property taxes for 5205 E Pelican Dr were approximately $5,963. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5205 E Pelican Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Hive MLS. All rights reserved.

Last Updated: November 11, 2026 at 09:24AM | Source: Hive MLS | MLS#: 100577367