2003 W Pelican Drive, Oak Island, NC 28465
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyle Property Partners
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....
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Home facts
- Year built:1998
- Listing ID #:100562885
- Added:49 day(s) ago
- Updated:May 15, 2026 at 12:50 AM
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
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