Time-delay and direction of arrival are two important signal parameters in wireless positioning, radar detection, and target tracking applications. In this paper, a parabolic equation method is presented to simulate the propagation of pulse signals in the sea-to-land environment and to estimate the characteristic parameters of the signals considering irregular terrains and atmospheric refraction. A correlation function method is presented to extract the time-delay of the received signal from parabolic equation. Besides, a multiple signal classification algorithm is used to estimate the direction of arrival of signals, which provides a higher resolution compared with the traditional wave spectral method. Numerical examples are given to illustrate the correctness of the presented methods. Finally, with the presented methods, simulation experiments in a typical sea and land environment are presented to analyze the effects of evaporation duct on signal’s delay and direction of arrival.