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2003 W Pelican Drive, 
Oak Island, NC 28465

$1,299,500


4

Beds


4

Baths


2,510

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Hank Troscianiec & Associates

Francesca S Slaughter

Keller Williams Innovate-Oki

Last updated:

May 22, 2026, 03:53 PM

MLS#

100562885

Source:

NC CCAR

About This Home

2003 W Pelican Drive

$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.

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 1998

Price Summary

1,299,500

$517 per Sq. Ft.

MLS #:

100562885

Last Updated:

May 22, 2026, 03:53 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,510 Sq. Ft.


Structure

Structure

Building Area:

2,510 Sq. Ft.

Year Built:

1998


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$1,299,500

Price per Sq. Ft:

$517 per Sq. Ft.

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2003 W Pelican Drive
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Sat, May 23
12:00 PM02:00 PM

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.