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2003 W Pelican Drive

Oak Island, NC 28465
  • $1,369,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 100562885
$1,369,000
  • 4
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,510
    SQFT
  • $545
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1998
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

$155,000 PROJECTED ANNUAL RENTAL INCOME -- this is not just a beach home, it's a serious income-producing coastal asset. Located on the highly sought-after west end, this striking 4-bedroom, 3.5-bath retreat with a sparkling heated pool delivers the ultimate blend of luxury, views, and functionality. Enjoy sweeping ocean views from the front and serene, ever-changing Davis Canal views from the rear, giving you sunrise to sunset water scenery every single day. The bright, open floor plan is designed for effortless living and entertaining, flowing seamlessly onto multiple front and rear porches, perfect for morning coffee, evening cocktails, and everything in between. The beautifully updated kitchen anchors the home with a massive island, dedicated coffee bar, and pantry, making it as functional as it is impressive. Rare dual driveway access from both front and back provides abundant parking for guests, boats, and beach gear, an uncommon and valuable feature on the island. After a day in the sand, rinse off in the outdoor shower and relax in the private hot tub. Inside, you'll find elevated finishes throughout, a spacious laundry room, and an oversized custom primary closet, features rarely found in beach homes. Three bedrooms offer en-suite baths, maximizing comfort and rental appeal. A newly installed fortified roof adds peace of mind, and beach access is just a short stroll away. Furniture conveys with select exclusions, offering a turnkey opportunity with flexibility. Whether you're looking for a high-performing rental, second home, or primary residence, this property checks every box and then some. Don't delay! Secure this island paradise today!

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[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-04-17T23:33:48.167. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Living South Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
www.livingsouthrealty.com/homes/174482692
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2003 W Pelican Drive Oak Island, NC 28465

  • Price: $1,369,000
  • Status: Active
  • On Site: 22 Days
  • MLS #: 100562885
4
Beds
3
Baths
1
½ Baths
0.24
Acres
2,510
SQFT
$545
$/SQFT
1998
Built
Neighborhood:
W. Long Beach
County:
Brunswick
Area:
Oak Island
Elementary School:
Southport
Middle School:
South Brunswick
High School:
South Brunswick
School District:
Brunswick County Schools
Property Description
$155,000 PROJECTED ANNUAL RENTAL INCOME -- this is not just a beach home, it's a serious income-producing coastal asset. Located on the highly sought-after west end, this striking 4-bedroom, 3.5-bath retreat with a sparkling heated pool delivers the ultimate blend of luxury, views, and functionality. Enjoy sweeping ocean views from the front and serene, ever-changing Davis Canal views from the rear, giving you sunrise to sunset water scenery every single day. The bright, open floor plan is designed for effortless living and entertaining, flowing seamlessly onto multiple front and rear porches, perfect for morning coffee, evening cocktails, and everything in between. The beautifully updated kitchen anchors the home with a massive island, dedicated coffee bar, and pantry, making it as functional as it is impressive. Rare dual driveway access from both front and back provides abundant parking for guests, boats, and beach gear, an uncommon and valuable feature on the island. After a day in the sand, rinse off in the outdoor shower and relax in the private hot tub. Inside, you'll find elevated finishes throughout, a spacious laundry room, and an oversized custom primary closet, features rarely found in beach homes. Three bedrooms offer en-suite baths, maximizing comfort and rental appeal. A newly installed fortified roof adds peace of mind, and beach access is just a short stroll away. Furniture conveys with select exclusions, offering a turnkey opportunity with flexibility. Whether you're looking for a high-performing rental, second home, or primary residence, this property checks every box and then some. Don't delay! Secure this island paradise today!
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Construction Materials Vinyl SidingWood Frame Door Features Storm Door(s) Exterior Features Outdoor ShowerStorm Doors Exterior Finish Vinyl Siding Fencing Vinyl Foundation Details OtherPilings Garage YN Yes Parking Features GravelConcreteOff StreetUnderhouse Parking Total 1 Patio And Porch Features CoveredDeckPatioPorchScreenedFront PorchRear Porch Pool Features In Ground Roof Architectural Shingle Structure Type Wood FrameStick Built View CanalMarshOceanWater

Interior Features

Accessibility Features None Appliances Electric OvenElectric CooktopBuilt-In MicrowaveRefrigeratorTankless Water HeaterElectric Range Basement None Building Area Total 2510 Cooling Central AirCeiling Fan(s)2Multi Units Cooling YN Yes Flooring LVT/LVPCarpetTile Furnished Partially Green Building Verification Type None Heating ElectricForced AirHeat Pump Heating System Fuel Source Electric Heating YN Yes Interior Features Master DownstairsWalk-in Closet(s)High CeilingsSolid SurfaceKitchen IslandCeiling Fan(s)FurnishedPantryWalk-in ShowerBlinds/ShadesBuilt-in FeaturesWalk-In Closet(s) Laundry Features Dryer HookupWasher HookupLaundry Room Levels Two Rooms Bedroom 3 (Second Level) Dining Room (First Level) Bathroom 1 (First Level) Master Bedroom (First Level) Bedroom 2 (Second Level) Laundry (First Level) Bedroom 4 (Second Level) Kitchen (First Level) Living Room (First Level) Rooms Total 8 Security Features Smoke Detector(s) Water Heater Tankless

Property Features

Association YN No Cobra Zone YN No Federal Flood Insurance Available YN Yes Frontage Type See Remarks In City Limits YN Yes Island Or Mainland Island Listing Terms CashConventionalFHAUSDA LoanVA Loan Lot Features Open LotLevelThird Row Lot Number L-2 New Construction YN No Other Structures ShowerStorage Property Sub Type Single Family Residence Road Frontage Type MaintainedCity StreetState RoadGravel2Paved Road Surface Type Paved Secondary Subdivision N/A Sewer Provider Municipal Sewer Special Listing Conditions Standard Tax Amount 5986.74 Tax Year 2025 Termite Bond YN Yes Trash Collection City Pick-UP Utilities Sewer ConnectedWater Connected Water Source Public Waterfront Features Third Row Waterfront YN No Zoning Ok-R-7

Listing information © 2026 Hive MLS
Listing courtesy of Hank Troscianiec & Associates of Keller Williams Innovate-OKI: 910-726-2270.


[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-04-17T23:33:48.167. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Living South Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
 
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