$1,950,000
Kure Beach, NC 28449
MLS# 100565968
7 beds | 7 baths | 3618 sqft
1 / 60
Property Description
Why buy one beach house when you can buy three? Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island. This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished: Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view. Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other. Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub. Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort. Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping. The result? A property that practically runs itself and keeps guests coming back. All furniture included. Just show up and start collecting checks. And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside. Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box. Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort. Listing agent is one of the owners of the property.
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-04-09
Listing Price: 1950000
Current Price: $1,950,000
List Price/SqFt: 538.97
Stipulation of Sale: Standard
Location Information
Street #: 636 & 644
Pre Direction: S
Street Name: Third
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28449
City Limits: Yes
Marketing City: Kure Beach
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 33.989707
Geo Lon: -77.910577
Remarks and Showing
Directions to Property: Starting at the intersection at Kure Beach Pier head south, turn right onto E Ave off of Forth Fisher Blvd. Property is on the corner of 3rd and E.
Sign on Property: No
Property Exterior Info
New Construction: No
Lot Acres: 0.36
Lot SqFt: 15682
Lot Dimensions: Irregular
Waterfront: No
Waterview: Yes
Horses Y/N: No
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 3618
Total SqFt - Heated (Primary + Separate): 3618
# Rooms: 10
# Baths - Full: 7
# Baths - Total: 7
# Bedrooms: 7
Master Bedroom Level: Primary Living Area
ud_i_10: 1
Fireplace Y/N: No
Legal Taxes
Year Built: 1940
Entry Level Information
Entry Level: 1
Property Features
Frontage Type: See Remarks
View Type: Ocean; Water
Attic: None
Basement: None
Property Condition: Updated/Remodeled
Construction: Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Wood Siding
Fencing: None
Foundation: Crawl Space
Parking Features: Off Street
Patio and Porch Features: Deck; Porch; Screened
Pool Features: Hot Tub
Roof: Metal
Levels: One
Trash Collection: City Pick-UP
Lot Features: Corner Lot; Landscaped
Lot Water Features: None
Cooling: Ceiling Fan(s); Central Air; Heat Pump; Wall/Window Unit(s)
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Cable Available; Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Hardwood; LVT/LVP; Tile
Furnished: Furnished
Interior Features: Blinds/Shades; Bookcases; Ceiling Fan(s); Eat-in Kitchen; Furnished; Hot Tub; Kitchen Island; Master Downstairs; Pantry; Solid Surface; Vaulted Ceiling(s); Walk-in Shower
Laundry Features: Laundry Closet
Heated SqFt: 3500 - 3999
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Bedroom 7; Kitchen; Living Room
Terms: Cash; Conventional; FHA; VA Loan; Commercial
Room Information
| Room Name | Remarks |
| Bedroom 1 | Bungalow 1 Bedroom 1 |
| Bedroom 2 | Bungalow 1 Bedroom 2 |
| Kitchen | Bungalow 1 Kitchen |
| Bedroom 3 | Bungalow 2 Studio |
| Bedroom 4 | Bungalow 3 Bedroom 1 |
| Bedroom 5 | Bungalow 3 Bedroom 2 |
| Bedroom 6 | Bungalow 3 Bedroom 3 |
| Bedroom 7 | Bungalow 3 Bedroom 4 |
| Kitchen | Bungalow 3 Kitchen |
| Living Room | Bungalow 3 Living Room |
Listing Office: Fathom Realty NC LLC
Last Updated: April - 09 - 2026
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