Pelican Reef is a gated, waterfront community in Hampstead, NC. Pelican Reef is a unique subdivision, nestled amongst aged hardwood trees with access to the Intracoastal Waterway. Amenities for Pelican Reef include community clubhouse, fitness center, tennis courts, and fishing pier/dock. Hampstead offers several golf courses, and is just a few minutes drive from great shopping and entertainment in Wilmington (Lumina Station, Mayfaire Town Center, beach boutiques in Wrightsville). Land values in Pelican Reef range from $45,000-$90,000, with waterfront property topping $165,000-$250,000. Homes, varied in style and square footage, have a price tag in the neighborhood of $315,000.