tomo logo

$1,299,000

Beds
6
Baths
6.0
sq ft
2,850

5205 E Pelican Dr, Oak Island, NC 28465

5205 E Pelican Dr

Oak Island, NC 28465

  • 9 days on market
'Neer the Sea is a stunning property on Oak Island that offers breathtaking ocean views and convenient beach access just steps away. The six-bedroom, six-bathroom home built in 2022 is a unique architectural gem, featuring two levels that mirror each other in layout. Each level comes furnished with fully stocked kitchens, living rooms, bedrooms, 2 sets of appliances, including full-sized stackable washer and dryer units on each level. Designed for maximum space utilization, the first level accommodates up to 15 guests with a variety of sleeping arrangements, including a king bed, queen bed, four full beds, and three twin bunk beds. The top floor provides comfortable accommodations for 11 guests, featuring a king bed, queen bed, two full beds, and three twin bunk beds. Outdoor amenities include two built-in charcoal grills, a patio with stylish outdoor furniture, swinging chairs, cornhole, and two ocean-view porches with ample seating. The low-maintenance yard enhances the property's appeal. There appears to be room for a pool and a pool quote has been obtained. With its versatile layout, this home is an ideal investment property or a perfect dual-family vacation retreat. Don't miss the opportunity to own a piece of paradise with this Oak Island gem.

Details

Property type

Single Family Residence

Est. home value

$1,368,738

Lot size

5,009 sq ft

Price per sq ft

$456

Year built

2022

Annual property taxes

$5,994.25

Price History

01/15/2025
NorthCarolinaRegional

NorthCarolinaRegional #100483820

Listed
$1,299,000
05/22/2024
NorthCarolinaRegional

NorthCarolinaRegional #100415919

Removed
$1,299,000
04/24/2024
NorthCarolinaRegional

NorthCarolinaRegional #100415919

Price change
$1,299,000
-3.78%

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

September 2021

Original loan amount

$415,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Building or Construction Loan, 30 year

Seller

Susan Hayes Lane

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/24/2025 at 6:30 AM

Listing updated: 01/20/2025 at 1:32 PM

Listed by: Julie A Popichak, Southern Realty Advantage LLC Phone #: (910) 933-6223

MLS: NorthCarolinaRegional #100483820

NorthCarolinaRegional logo

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