2003 W Pelican Drive, Oak Island, NC 28465
Local realty services provided by:ERA Strother Real Estate
Upcoming open houses
- Fri, May 1502:30 pm - 04:00 pm
Listed by: hank troscianiec & associates, francesca s slaughter
Office: keller williams innovate-oki
MLS#:100562885
Source:NC_CCAR
Price summary
- Price:$1,299,500
- Price per sq. ft.:$517.73
About this home
$155,000 PROJECTED ANNUAL RENTAL INCOME. OCEAN VIEWS. DAVIS CANAL VIEWS. HEATED POOL. FORTIFIED ROOF. STEPS TO THE OCEAN. DUAL ENTRY DRIVEWAYS. MULTIPLE DECKS AND BALCONIES. Located on Oak Island's highly sought-after west end, this extraordinary 4-bedroom, 3.5-bath coastal retreat delivers the rare blend of luxury living and serious investment performance. Wake up to sweeping ocean views from the front of the home and unwind each evening with stunning sunsets dancing across the Davis Canal from the rear, offering breathtaking water views from sunrise to sunset. Designed for the ultimate coastal lifestyle, the outdoor living spaces are nothing short of spectacular with expansive front and rear porches, multiple balconies, a sparkling heated pool, private hot tub, and outdoor shower creating a true island resort atmosphere. Inside, the bright open-concept floor plan was built for effortless entertaining and elevated everyday living, featuring a beautifully updated kitchen with a massive island, dedicated coffee bar, pantry, and upscale finishes throughout. Rare dual driveway access from both the front and rear of the property provides abundant parking for guests, boats, golf carts, and beach gear, an incredibly uncommon and highly valuable island feature. Three bedrooms feature en-suite baths, maximizing comfort, privacy, and rental appeal, while the oversized custom primary closet and spacious laundry room add functionality rarely found in beach homes. The recently installed FORTIFIED ROOF offers added peace of mind, durability, and potential insurance benefits. Furniture conveys with select exclusions, making this a nearly turnkey opportunity ready to enjoy immediately. Whether you're searching for a luxury second home, full-time island escape, or high-performing income-producing asset, this property delivers on every level....
Contact an agent
Home facts
- Year built:1998
- Listing ID #:100562885
- Added:48 day(s) ago
- Updated:May 14, 2026 at 12:24 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:8
- Flooring:Carpet, Tile
- Bathrooms Description:Walk-in Shower
- Kitchen Description:Kitchen Island, Pantry, Refrigerator
- Bedroom Description:Master Downstairs, Walk-In Closet(s)
- Living area:2,510 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air, Heat Pump, Heating
- Central air:Yes
Structure and exterior
- Roof:Architectural Shingle
- Year built:1998
- Building area:2,510 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Level, Open Lot
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Covered, Deck, Outdoor Shower, Patio, Porch, Screened
- Foundation Description:Pilings
- Levels:2 Story
Schools
- High school:South Brunswick
- Middle school:South Brunswick
- Elementary school:Southport
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,299,500
- Price per sq. ft.:$517.73
Features and amenities
- Appliances:Refrigerator
- Laundry features:Laundry Room, Washer Hookup
- Amenities:Blinds/Shades, Ceiling Fan(s), Furnished, Solid Surface, Walk-In Closet(s)
Parking
- Total parking spaces:1
- Parking description:Attached Garage, Concrete, Gravel, Off Street
- Garage:Yes
- Garage spaces:1
New listings near 2003 W Pelican Drive
- New
$825,000Active3 beds 2 baths1,481 sq. ft.116 NE 13th Street, Oak Island, NC 28465
MLS# 100573492Listed by: CENTURY 21 COLLECTIVE - New
$715,000Active3 beds 2 baths1,526 sq. ft.3007 W Oak Island Drive, Oak Island, NC 28465
MLS# 100573338Listed by: MARGARET RUDD ASSOC/O.I. - New
$549,900Active3 beds 2 baths1,827 sq. ft.2305 E Oak Island Drive, Oak Island, NC 28465
MLS# 100573150Listed by: BERKSHIRE HATHAWAY HOMESERVICES CAROLINA PREMIER PROPERTIES - Open Sat, 1 to 4pmNew
$599,000Active3 beds 2 baths1,344 sq. ft.313 Mercer Street, Oak Island, NC 28465
MLS# 100573208Listed by: REDFIN CORPORATION - New
$362,320Active4 beds 3 baths2,117 sq. ft.3125 Weather Side Drive Se #152, Southport, NC 28461
MLS# 100572693Listed by: COLDWELL BANKER SEA COAST ADVANTAGE - New
$325,165Active3 beds 2 baths1,500 sq. ft.3121 Weather Side Drive Se #151, Southport, NC 28461
MLS# 100572748Listed by: COLDWELL BANKER SEA COAST ADVANTAGE - New
$650,000Active3 beds 2 baths1,569 sq. ft.104 NE 8th Street, Oak Island, NC 28465
MLS# 100573077Listed by: COLDWELL BANKER SEA COAST ADVANTAGE - New
$946,000Active3 beds 3 baths1,924 sq. ft.103 NE 54th Street, Oak Island, NC 28465
MLS# 100572827Listed by: HARRIS REALTY & LAND, LLC - Open Sun, 12 to 2pmNew
$520,000Active3 beds 2 baths1,570 sq. ft.4769 Fish Factory Road Se, Southport, NC 28461
MLS# 100572800Listed by: CENTURY 21 COLLECTIVE - Open Sat, 11am to 2pmNew
$525,000Active3 beds 2 baths1,158 sq. ft.101 NE 52nd Street, Oak Island, NC 28465
MLS# 100572812Listed by: REAL BROKER LLC