D&R Pelican Bay Resort
Boutique Waterfront Resort | 30 Unit Short-Term Rentals | Stabilized Cash Flow with Upside
Marketing description
Welcome to Pelican Bay Resort — a highly rated waterfront hospitality destination in the heart of the Texas Gulf Coast. Located in Rockport/Fulton, TX, this 30-unit resort spans approximately 2.45 acres and features a diverse mix of 20 fully furnished cottages, 8 mini suites, 1 large lodge, and 1 private villa. Designed for families, couples, corporate groups, and event travelers, the property offers a stable income profile with room for strategic operational improvements.
The resort is nestled beneath mature oaks and offers a robust amenity set including a 450-foot lighted fishing pier, swimming pool and hot tub, clubhouse with shared kitchen, and picnic areas with grills. Additional features such as boat parking, resort-wide WiFi, and coin-operated laundry contribute to a comfortable guest experience and operational efficiency.
Pelican Bay’s central location along Highway 35 places it minutes from Rockport Beach, Fulton Mansion, Goose Island State Park, and the Aransas National Wildlife Refuge—making it a highly sought-after destination for tourists, wedding parties, and coastal vacationers alike. The property is currently operated by out-of-state ownership and presents a unique opportunity to further unlock value through improved management and targeted marketing.
Looking for something else? Please submit your buying criteria so that our team can better pair you with opportunities that meet your needs.
HOW TO PARTICIPATE:
Inquiries should be made by contacting Peter Sampson at [email protected]
DO NOT show up to the property unannounced.
DO NOT speak to staff, guests or owners without written consent from Broker.
Offers must be submitted in a Letter of Intent format with proof of funds and/or letter from a lender.
Please review all diligence materials prior to contacting an agent.
Bird Dogs: we encourage Bird Dogs to work on our listings; however, we asked that any Bird Dogs be sure that their buyer has reviewed the marketing materials prior to contacting an agent and scheduling a meeting. We get so many calls from Bird Dogs asking about creative financing structures. Everything a buyer needs to know about our listings and seller preferences can be found in the marketing materials or the deal room. Serious buyers are encouraged to schedule one-on-one meetings with the brokerage team. Please be sure to have proof of funds accessible by this meeting date.
Investment highlights
Prime Coastal Location: Situated directly along Highway 35 in the heart of Rockport/Fulton and just minutes from top coastal attractions, Pelican Bay benefits from year-round tourism and strong regional draw.
Turnkey Amenity Set: Guests enjoy a 450-foot lighted fishing pier, pool, hot tub, clubhouse, picnic areas, and more—enhancing guest satisfaction and length of stay.
Diversified Unit Mix: With a total of 30 rental units across multiple formats, the property caters to solo travelers, families, and groups seeking flexibility in accommodation type and pricing.
Stable Income with Growth Potential: Historical occupancy and revenue reflect consistent demand. Additional upside available through direct booking optimization, repositioning of select units, and group/event marketing.
Condo Exit Potential: The site’s existing layout and infrastructure allow for the possible formation of a condo association, opening up the option to sell units individually in the future.
Limited Ownership Involvement: Operated by out-of-state owners with minimal active oversight, the property offers a clear opportunity for operational enhancement and increased yield.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
