601 E Beach Drive, Oak Island, NC

About 601 E Beach Drive

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.

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