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24 Pelican Watch Way

Southern Shores, NC 27949

4 bd 4 ba 2,340 sqft Built 1992 condos
Most recent sale
$1,065,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $1,065,000 MLS #117599
Aug 21, 2017 Sold $600,000 Public Record
Sep 3, 2013 Listing removed $595,000 OuterBanks
Mar 20, 2013 Price changed $595,000 MLS #77429
Jan 11, 2013 Listed $630,000 MLS #77429

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $492,200 $575,000 $1,067,200 $2,808
2024 $492,200 $575,000 $1,067,200 $2,801
2023 $349,400 $350,000 $699,400 $2,801
2022 $349,400 $350,000 $699,400 $5,160
2021 $349,400 $350,000 $699,400 $5,584
2020 $349,400 $350,000 $699,400 $4,595
2019 $287,900 $290,000 $577,900 $4,412
2018 $287,900 $290,000 $577,900 $4,511
2017 $287,900 $290,000 $577,900 $4,511
2016 $287,900 $290,000 $577,900 $3,850
2015 $287,900 $290,000 $577,900 $3,859
2014 $287,900 $290,000 $577,900 $3,850
2012 $341,100 $450,800 $791,900 $3,559

Property facts

Year built
1992
Property type
condos
Stories
Beds
4
Baths
4
Living area
2,340 sqft
Lot size
ZIP code
27949
City
Southern Shores
Street
Pelican Watch Way
Coordinates
36.10261, -75.71233

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 24 Pelican Watch Way last sell?
24 Pelican Watch Way most recently sold on Feb 25, 2022 for $1,065,000.
What is the current tax assessment for 24 Pelican Watch Way?
The most recent total assessment for 24 Pelican Watch Way (year 2025) is $1,067,200 with $2,808 in property tax.
How does 24 Pelican Watch Way's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $1,065,000.
When was 24 Pelican Watch Way built?
24 Pelican Watch Way was built in 1992.
How does 24 Pelican Watch Way compare to others on Pelican Watch Way?
We track 8 other properties on Pelican Watch Way. Browse the list under "Other properties on Pelican Watch Way" to compare beds, baths, and sale history.
What are the property facts for 24 Pelican Watch Way?
24 Pelican Watch Way is a 4 bed, 4 bath, 2,340 sqft condos.
Is 24 Pelican Watch Way a flip candidate?
No — 24 Pelican Watch Way does not appear in our flips dataset.
Is 24 Pelican Watch Way a tax-appeal candidate?
No — 24 Pelican Watch Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.3%
2026 Q3
$1.3M
2026 Q4
$1.36M
ZIP 27949 — Median Price History + Forecast

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