5515 E Pelican Drive, Oak Island, NC 28465
$1,350,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,747
Lot Size (sq. ft.):
7,492
Status:
Active
Current Price:
$1,350,000
List Date:
5/25/2025
Last Modified:
6/18/2025
Description
Welcome to your dream coastal home, crafted by McCullough Construction, Inc. This luxurious two-story piling home, just 0.2 miles from the beach, offers 2,747 SqFt of beautifully designed space with stunning third-row ocean views. With exquisite finishes and spacious living areas, this property offers the perfect blend of relaxation and investment potential.Highlights include an impressive kitchen with quartz countertops, a large island, and top-tier appliances, plus not one—but two primary suites for ultimate comfort. Expansive porches allow you to enjoy the coastal breeze, while the ground floor features a slat-sided carport, generous storage space, and an elevator that accesses all levels. Built with top-quality craftsmanship and a standing seam metal roof, this home is not only a luxurious retreat but also built to last.Located just steps from Oak Island's amenities and a short stroll to the beach, this home is positioned for a highly lucrative rental investment. Whether you're looking to generate income or enjoy a private getaway, the combination of prime location and functional design makes this property ideal for vacation rental opportunities—an absolute must for savvy investors!As McCullough Construction, Inc. enters an exciting new chapter with father-son duo Chad and Ethan McCullough, this home showcases their legacy of expert craftsmanship combined with fresh, innovative designs. With a focus on lasting quality and long-term value, every detail of this home speaks to their commitment to excellence.With Oak Island's 65+ public beach accesses, boat ramps, fishing docks, and abundant outdoor activities, this is more than just a home—it's an income-generating asset. Don't miss your chance to own a piece of coastal paradise and secure a smart investment for the future!
Open Houses
Saturday, June 21, 1:00 pm - 3:00 pm
Saturday, June 21, 11:00 am - 1:00 pm
More Information MLS# 100447008
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-05-28
Listing Price: 1350000
Current Price: $1,350,000
List Price/SqFt: 491.45
Stipulation of Sale: Standard
Location Information
Street #: 5515
Pre Direction: E
Street Name: Pelican
Street Suffix: Drive
County: Brunswick
State/Province: NC
Zip Code: 28465
City Limits: Yes
Marketing City: Oak Island
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 33.909587
Geo Lon: -78.108054
Remarks and Showing
Directions to Property: From E Oak Island Dr, take SE 58th St to right on E Pelican Dr to house on left.
Sign on Property: Yes
Property Exterior Info
New Construction: Yes
Presale: Yes
Est. Complete Date: 2025-06-30
Lot Acres: 0.17
Lot SqFt: 7492
Lot Dimensions: 50x150
Waterfront: No
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 2747
Total SqFt - Heated (Primary + Separate): 2747
# Rooms: 9
# Baths - Full: 3
# Baths - Half: 1
# Baths - Total: 4
# Bedrooms: 4
Master Bedroom Level: Non Primary Living Area
Stories: 2
Legal Taxes
Year Built: 2025
Current Service Providers
Electric Provider: Brunswick Electric
Sewer Provider: City/Town
Water Provider: City/Town
Rooms
Bedroom 2 Level: First
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Dining Room Level: First
Kitchen Level: First
Laundry Level: Second
Living Room Level: First
Master Bedroom Level: Second
Property Features
Frontage Type: See Remarks
Handicap Accessible: Elevator
View Type: Ocean; See Remarks; Water
Attic: Stairs - Pull Down
Construction: Wood Frame
Exterior Features: Shutters - Functional
Exterior Finish: Vinyl Siding
Fencing: None
Foundation: Pilings
Parking Features: Off Street; On Site
Patio and Porch Features: Covered; Porch
Roof: Metal
Lot Water Features: Third Row
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Fireplace: None
Flooring: LVT/LVP; Tile
Interior Features: Ceiling Fan(s); Elevator; High Ceilings; Kitchen Island; Mud Room; Pantry; Solid Surface; Tray Ceiling(s); Walk-in Shower; Walk-In Closet(s)
Security Features: Smoke Detector(s)
Laundry Features: Hookup - Dryer; Hookup - Washer; Laundry Room
Heated SqFt: 2600 - 2799
Dining Room Type: Combination; Kitchen
HOA and Neigh Amenities: See Remarks
Rooms: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom
Terms: Cash; Conventional
Room Information
Living Room
Level: First
Dining Room
Level: First
Kitchen
Level: First
Master Bedroom
Level: Second
Bedroom 2
Level: First
Bedroom 3
Level: Second
Bedroom 4
Level: Second
Laundry
Level: Second
Listing Office: Keller Williams Innovate-OKI
Last Updated: June - 18 - 2025
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