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.
Notice to Subto and Creative Finance Communities
To all new members of the Pace Morby “Creative Finance” and “Subto” communities, we appreciate your enthusiasm and interest.
Please note that we work exclusively with verified buyers (and their brokers). To protect our sellers, we do not release proprietary information to intermediaries, scouts, “bird dogs,” or any third parties.
All buyers must contact us directly, complete registration, and sign a Confidentiality Agreement before receiving any property details. Proof of funds may be requested from all interested parties.
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.
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