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601 E Beach Drive, Oak Island, NC 28465

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For Sale

$1,042,000

4 beds • 2 baths • 1,565 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1984
    Year built

  • $665.81
    Price per square foot

Explore this Property

Welcome to The Pink Pelican, a beautifully updated, fully furnished 4-bedroom oceanfront cottage perched on a desirable corner lot along the shores of Oak Island. This coastal gem offers sweeping water views from a spacious wraparound back deck -perfect for soaking up the sun, enjoying your morning coffee at sunrise, or unwinding in the evenings as the sun sets over the Atlantic. From dolphins playing in the surf to the coastal birds gliding overhead, the natural beauty here is nonstop. A private path leads directly from the deck to the beach, making your toes-in-the-sand moments just steps away. Extensively renovated since 2020, this home features a stylish modern kitchen with new cabinets, marble countertops, and stainless steel appliances. In the past month, the wood paneling was removed and replaced with drywall, along with new paint, interior trim, and a new tile backsplash in the kitchen. Both bathrooms have been thoughtfully updated, and the interior boasts LVP and tile flooring, fresh paint, and tasteful furnishings with a clean, contemporary feel. Exterior updates include a new roof (3 years), new HVAC and ductwork (2 years), freshly painted Hardie board siding (2 years), and a rebuilt deck with updated handrails. This turn-key property is currently a successful vacation rental on VRBO, bringing in an average of $78,000 annually over the past three years. It's pet-free, smoke-free, and impeccably maintained - making it an ideal second home, income-producing investment, or both. Conveniently located near Oak Island's restaurants, shops, and entertainment, and just a short 45-minute drive to Wilmington or North Myrtle Beach.
MLS# 100528926

Listed By CENTURY 21 Vanguard

Property Features

  • Location
    Ocean Front
  • Lot Size
    0.17 Acres
  • Style
    Other Style
  • Views
    Ocean
  • Water
    Municipal Water

Home seller CENTURY 21 Vanguard

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Vanguard

(910) 769-1465
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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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