2911 E Pelican Drive, Oak Island, NC, 28465
About This Home
More than just a beach house, this could be your forever home. Ideal for year round living or beach times with 5 bedrooms & 3.5 baths. Hardwood flooring and architectural details are an extra bonus. Featuring a dry entry + a grand double front staircase with landing. Convenience meets comfort in this thoughtfully designed home. The first floor welcomes you with the living room, kitchen, and dining area, perfect for entertaining and day-to-day living as an Ensuite + half bath are on this level adding practicality and ease. Ascend to the second floor to discover four spacious bedrooms and two more full baths, providing ample space for you and your guests to unwind after a day spent in the sunshine. Step outside onto the covered porch, where you can savor your morning coffee or wind down and relax in the evening sea breeze. Invite all the family and friends because this home has plenty of porches & decking on both the front & rear. Beneath the house, find convenient storage space, ideal for storing your beach gear along with plenty of room for hosting outdoor gatherings. Offered FURNISHED, this turnkey retreat is ready for you to move in and start making memories at the beach! This home's location is perfect for your much awaited beach days, with a beach access only a short walk away!! Of course there is an outdoor shower to wash the sand away. Whether you're seeking a permanent residence, vacation getaway, or investment opportunity, 2911 E Pelican offers unlimited possibilities. Currently vacation rental program so you may close & start collecting rental revenue. Affordable flood insurance of only $1,334. per year. Don't miss your chance to experience the ultimate coastal lifestyle and start enjoying these breathtaking ocean views right away! Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as Amphitheatre golf, tennis, basketball, splash pad, dog park, picnic area, boat launches & public docks & water accesses yet NO hoa fees
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Other,Pilings
- Roof: Architectural Shingle
- Construction materials: Fiber Cement,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Built-In Microwave,Washer,Refrigerator,Range,Dryer,Dishwasher
- Laundry features: Laundry Closet
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: Combination,Eat-in Kitchen
Features
- Solid Surface,Ceiling Fan(s),Furnished
- Flooring: LVT/LVP,Carpet,Tile,Wood
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
Master Bedroom
- Level: Primary Living Area
Property
Details
- Parcel number: 235oi023
- Zoning: R7
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Porch
- Exterior features: Outdoor Shower,DP50 Windows
- Fencing: None
- Has view: Yes
- View description: Marsh,Ocean
- Has water view: Yes
- Water view: Marsh,Ocean
- Waterfront features: None
- Living area range: 2200 - 2399
Lot
- Lot size: 6,969 sqft
- Lot size dimensions: 64 x 110
Parking
- Parking features: Covered,Concrete,On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brunswick County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,511 | $66,132 |
| Home Insurance * | $203 | $2,436 |
| Property Taxes | $339 | $4,068 |
| Electricity | $216 | $2,593 |
| Total | $6,269 | $75,228 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-08 | Price change | $1,090,000 |
| 2025-06-21 | Listed for sale | $1,125,000 |
| 2022-06-08 | Sold | $945,000 |
| 2022-05-03 | Pending sale | $900,000 |
| 2022-04-29 | Listed for sale | $900,000 |
| 2016-12-22 | Sold | $394,000 |
| 2016-04-11 | Listed for sale | $450,000 |
| 2005-07-21 | Sold | $615,000 |
View on Zillow