$1,600,000
Carolina Beach, NC 28428
MLS# 100480072
Status: Closed
8 beds | 7 baths | 5000 sqft
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Property Description
**INVESTOR ALERT!** Check out this MASSIVE income-producing property in Carolina Beach. This exquisite ocean and harbor view property is ideally located just steps away from beach access, offering stunning views of both the canal and the beautiful Atlantic Ocean from its decks on every level. This three-story, multi-family house features 8 bedrooms and 7 bathrooms, boasting over 5,000 sq. ft. of space. The oversized bedrooms, 2 stunning kitchens, and huge open-plan living and dining areas make it perfect for large family gatherings. Outside, you'll find a saltwater heated pool, landscaped patio area with a hot tub and pergola, and a large parking area accommodating 10 cars. Two garages provide ample storage for all your beach toys and golf carts. This turn-key rental investment opportunity comes with proven revenue. Recently updated with a new elevator, flooring, paint, and resurfaced pool. The property also offers two BONUS level rooftop decks with unparalleled panoramic views across the island, ocean, harbor, and beyond. Enjoy breathtaking sunrises and sunsets! The elevator services the top two floors, while the lowest floor is accessible by stairs, allowing for flexible use as either two separate units or a single home to accommodate large groups. Carolina Beach offers a stunning boardwalk, restaurants, shops, and many attractions nearby, ensuring continued equity growth for any investor looking for profits. Ask for income numbers and potential! A boat slip is available for lease directly across the street. Don't miss out on this exceptional investment opportunity!
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2024-12-14
Listing Price: 1895000
Current Price: $1,600,000
List Price/SqFt: 379
Stipulation of Sale: Standard
Location Information
Street #: 1206
Street Name: Canal
Street Suffix: Drive
Unit #: A&B
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Marketing City: Carolina Beach
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.049475
Geo Lon: -77.886379
Remarks and Showing
Directions to Property: 420 S. over Snows Cut Bridge, continue on Lake Park Blvd, left onto Carl Winner Ave, left onto Canal Dr. Home is on the right.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.14
Lot SqFt: 6098
Lot Dimensions: 50 X 125
Waterfront: No
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 5000
Total SqFt - Heated (Primary + Separate): 5000
# Rooms: 14
# Baths - Full: 7
# Baths - Total: 7
# Bedrooms: 8
Master Bedroom Level: Primary Living Area
Stories: 3
Fireplace Y/N: Yes
Legal Taxes
Year Built: 2006
Status Change Info
Under Contract Date: 2025-02-02
Sold Price: $1,600,000
Sold Date: 2025-03-05
Fuel Tank
Above or Below Ground: Above Ground
Fuel Type: Propane
Owned or Leased: Owned
Property Features
Handicap Accessible: Elevator
View Type: Canal; Ocean; Sound View
Construction: Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Vinyl Siding
Fencing: Back Yard
Foundation: Pilings
Fuel Tank Ownership: Owned
Parking Features: Concrete; Covered; On Site
Patio and Porch Features: Balcony; Covered; Deck; Patio
Pool Features: Hot Tub; In Ground
Roof: Metal
Levels: 3 Story or More
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Carpet; LVT/LVP; Tile; Wood
Interior Features: 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Elevator; Kitchen Island; Walk-in Shower; Walk-In Closet(s); Wet Bar
Heated SqFt: 5000 - 5499
Dining Room Type: Combination
Other Structures: Pergola
Terms: Cash; Conventional
Listing Office: Coldwell Banker Sea Coast Advantage-CB
Last Updated: March - 06 - 2025
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