2003 W Pelican Drive
Oak Island, NC 28465
4
Bed
4
Bath
2,510Sqft
0.24Acre(Lot)
$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 creatin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 Full Baths: 3 Half Baths: 1Room Information
Rooms Total: 8 Basement: None -
Flooring Information
Carpet, Tile -
Roofing Information
Shingle -
Interior Features
Master Downstairs, Walk-In Closet(s), High Ceilings, Kitchen Island, Ceiling Fan(s), Pantry, Built-in Features Roof: Shingle Appliances: Electric Oven, Electric Cooktop, Refrigerator, Tankless Water Heater, Electric Range, Microwave Laundry Features: Washer Hookup, Laundry Room Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air, Heat Pump Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Multi Units
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Building Information
Year Built: 1998 Building Area Total: 2510 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Covered, Deck, Patio, Porch, Screened, Front Porch, Rear Porch Pool Features: In Ground Private Pool: No View: Canal, Ocean, Water -
Exterior Features
Exterior Features: Outdoor Shower
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Lot Information
Lot Dimensions: 80 x 175 Main Square Feet: 0.24 Acres Lot Size Acres: 0.24 Lot Size Square Feet: 10411 Lot Description: Open Lot, LevelProperty Information
Subdivision: W. Long Beach Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 28
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Listing Price Information
Listing Price: $1299500 Original Price: $1369000 Cash, Conventional, FHA, USDA Loan, VA Loan
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Tax Information
Parcel Number: 234ob01104 Tax Year: 2025 Annual Tax: $5986.74
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Parking Information
Parking Total: 1 Gravel, Concrete, Off StreetGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1
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School Information
Elementary School: SouthportJunior High School: South BrunswickSenior High School: South Brunswick -
Utility Information
Sewer Connected, Water Connected -
Location Information
Direction: From E. Oak Island Dr., left on Middleton, Right on Beach Dr,. right on 20th Place W., left on W Pelican, home is on the left. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 108 Caswell Beach Road, Oak Island, NC, 28465 | $1,495,000 | 5 | 6 | 1,966 | 1,966 SqFt |
| 323 Caswell Beach Road, Oak Island, NC, 28465 | $2,149,500 | 5 | 6 | 1,780 | 1,780 SqFt |
| 419 Caswell Beach Road, Oak Island, NC, 28465 | $1,799,000 | 6 | 5 | 2,957 | 2,957 SqFt |
| 512 Caswell Beach Road, Oak Island, NC, 28465 | $839,000 | 3 | 2 | 996 | 996 SqFt |
| 645 Caswell Beach Road, Oak Island, NC, 28465 | $1,975,000 | 4 | 3 | 2,125 | 2,125 SqFt |
| 99 Oceangreens Lane, Oak Island, NC, 28465 | $799,000 | 5 | 3 | 2,202 | 2,202 SqFt |
| 711 Alyssum Avenue, Caswell Beach, NC, 28465 | $1,105,000 | 4 | 3 | 3,014 | 3,014 SqFt |
| 44 Pinehurst Drive, Oak Island, NC, 28465 | $785,000 | 2 | 2 | 1,201 | 1,201 SqFt |
| 1000 Caswell Beach Road.., Oak Island, NC, 28465 | $422,000 | 2 | 1 | 726 | 726 SqFt |
| 699 Country Club Drive, Oak Island, NC, 28465 | $1,295,000 | 3 | 3 | 2,780 | 2,780 SqFt |
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ByOwner last updated this listing 06/18/2026 @ 21:16
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