$1,010,000
SOLD MAR 6, 2025

5203 E Pelican Dr Oak Island, NC 28465

4 Beds
3 Baths
1,736 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$582 Per Sq Ft

1% Above List Price

Highlights

  • Water Views
  • No HOA
  • Tankless Water Heater
  • 1 Fireplace
  • Covered patio or porch
  • Tile Flooring

About This Home

As of March 2025

A Third Row Oak Island OCEANSIDE OASIS is on the way with an OCEAN VIEW & Beach Access!Another Top Quality, Oak Island NEW CONSTRUCTION Home is under construction with a completion date of March 1st, 2025 by Elan Homes, a quality well known local builder, just became available on the market. This home is only 3 rows back from the OCEAN!!! *Please note photos are for illustrative purposes only and are from a previous build of the same plan with similar finishes** This stunning 4 Bedrooms/3 bath home is one of ELAN HOMES most popular plans.Offering 2 ensuite bedrooms with custom tiled showers and a beautiful tiled surround tub/shower combo for the guest bathroom. Over 1730 square feet of primary living space. Located right in PRIME beach location,being right at beach access, the intracoastal waterway, NE 55th Street public boat ramp, NE 52nd Street ICW park, AND close to all area shops, restaurants and attractions. You can have luxury at the beach RIGHT NOW. This reputable & local builder pays close attention to detail and nothing will be overlooked in the finishes of this premier coastal home. Many upgraded features throughout this stunning home inside & out include: Hardie siding, composite decks, impact windows, tankless hot water, a Trane HVAC system, shiplapped wall to include electric fireplace, and beautiful wood trim throughout the entire home. The kitchen includes shaker cabinets, quartz countertops, and all stainless appliances. Both master bathrooms include a tiled walk in shower, shiplap, and quartz countertops. This well adorned coastal home in prime beach location will not last long now that it is to be completed in just a few short months right in time for SPRING.Lock this beach beauty in now & enjoy beach life at it's best this year! This phenomenal oceanside location is close to most town attractions, restaurants, shops, grocery stores, and is also located right at beach access on the OCEAN side of the island.

Last Agent to Sell the Property

Lindsey Jenkins

Century 21 Collective License #300358 Listed on: 12/17/2024

Century 21 Collective

Last Buyer's Agent

Rose Glinski

Redfin Corporation License #258484

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 2024

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x102
  • Property is zoned Ok-R-7

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-29
  • Assessor Parcel Number 249dd027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2024
  • Trash Collection: City Pick-UP
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • List Price per Sq Ft: 576.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1736.00
  • Total Heated Primary Separate Sq Ft: 1736.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Concrete, Off Street, On Site

Utilities

  • Appliances Equipment: Built-In Microwave, Refrigerator, Electric Oven, Dishwasher
  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 249.00
  • Lot Acres: 0.13
  • Lot Dimensions: 50x102
  • Lot Number: L-29
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Third Row
  • Plat Book: 8
  • Plat Page: 140
  • Zoning: Ok-R-7
  • Lot View Type: Ocean

Tax Info

  • Tax Identifier: 249dd027
  • Tax Year: 2024

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Apr 17, 2025
Sold by
Goldblatt Tamar
Bought by
Cottage At Oak Island Llc
Seller's Agent
Lindsey Jenkins
Century 21 Collective
Buyer's Agent
Rose Glinski
Redfin Corporation
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Views
7
Current Estimated Value
$992,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,022
Avg. Annual Appreciation
-4.61%
Original Mortgage
$808,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2024
Closed on
Mar 5, 2025
Sold by
Elan Homes Llc
Bought by
Goldblatt Tamar
Seller's Agent
Lindsey Jenkins
Century 21 Collective
Buyer's Agent
Rose Glinski
Redfin Corporation
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
Sep 12, 2024
Sold by
Elan Homes Llc
Seller's Agent
April Annas
Island Life Real Estate, LLC
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$814,900
Sold Price
$750,000
Premium/Discount to List
-$64,900
-7.96%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.06%
Original Mortgage
$1,411,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jul 18, 2024
Sold by
Kerr Ralph and Kerr Michelle
Bought by
Elan Homes Llc
Seller's Agent
April Annas
Island Life Real Estate, LLC
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$814,900
Sold Price
$750,000
Premium/Discount to List
-$64,900
-7.96%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,411,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 17, 2017
Sold by
Veto Beatriz Manduley and Veto Marvin T
Bought by
Kerr Michelle and Kerr Ralph
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Tami Huber
RE/MAX Southern Coast
List Price
$259,550
Sold Price
$230,000
Premium/Discount to List
-$29,550
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$265,655
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 6, 2017
Sold by
Deason Betty M and The Estate Of Beatriz A Mandul
Bought by
Veto Beatriz
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Tami Huber
RE/MAX Southern Coast
List Price
$259,550
Sold Price
$230,000
Premium/Discount to List
-$29,550
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,655
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2015
Sold by
Manduley Beatriz A
Bought by
Yeto Beatriz Manduley

Purchase Details

Closed on
Jun 1, 1975
Bought by
Manduley Beatriz A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed $1,010,000 None Listed On Document
Special Warranty Deed $1,010,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $750,000 None Listed On Document
Warranty Deed $230,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $808,000 New Conventional
Previous Owner $1,411,000 New Conventional
Previous Owner $265,655 New Conventional
Previous Owner $265,655 New Conventional
Previous Owner $212,800 New Conventional
Previous Owner $182,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $1,010,000 +1.0% $582 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $999,999 +33.3% $576 / Sq Ft
08/05/2024 08/05/24 Sold $750,000 -5.1% $822 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $790,000 -3.1% $866 / Sq Ft
02/08/2024 02/08/24 For Sale $814,900 +254.3% $894 / Sq Ft
07/17/2017 07/17/17 Sold $230,000 -11.4% $252 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/25/2016 01/25/16 For Sale $259,550 -- $285 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,836 $716,200 $502,500 $213,700
2023 $1,805 $716,200 $502,500 $213,700
2022 $1,805 $326,630 $187,500 $139,130
2021 $1,790 $326,630 $187,500 $139,130
2020 $1,777 $326,630 $187,500 $139,130
2019 $1,777 $187,500 $187,500 $0
2018 $1,157 $208,440 $120,000 $88,440
2017 $1,024 $120,000 $120,000 $0
2016 $1,012 $120,000 $120,000 $0
2015 $1,012 $183,180 $120,000 $63,180
2014 $1,313 $261,820 $210,000 $51,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100480309

Hive MLS

APN: 249DD027