$1,179,000
$1,240,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
506 Canal DR #2 Carolina Beach, NC 28428
5 Beds
4 Baths
2,500 SqFt
Key Details
Sold Price $1,179,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $471
Subdivision Not In Subdivision
MLS Listing ID 100589451
Sold Date 09/23/26
Style Townhouse,Wood Frame,Stick Built
Bedrooms 5
Full Baths 4
HOA Y/N Yes
Year Built 2023
Lot Size 3,100 Sqft
Acres 0.07
Lot Dimensions None
Property Sub-Type Townhouse
Source Hive MLS
Property Description
Whether you're searching for the ultimate investment opportunity or a family beach retreat, this 5 bedroom, 4 bath home delivers! Featuring sweeping harbor and ocean views, an expansive rooftop deck, elevator and a private top floor apartment, this modern fully furnished townhome is located just steps away from the beach and easily walkable to the Carolina Beach boardwalk, marina, restaurants, entertainment and shopping. The home is beautifully appointed with Bosch kitchen appliances, quartz counters, oversized Samsung TVs and a 1,300 square foot party-ready rooftop deck with grill, bar and hot tub. The versatile floor plan includes two primary suites plus three additional bedrooms, two equipped with queen bunk beds to maximize sleeping capacity. A private top-floor suite functions as a self-contained apartment with its own kitchen, full bath, and washer/dryer--the perfect set up for owners who want to enjoy personal space while hosting family, friends or vacation guests. Practical features include DP50 wind rated windows, irrigation system, whole house generator and low maintenance LVP and tile floors. Ground level you'll find parking for 4 cars, an outdoor shower and a fenced, pet-friendly back yard. There's always a breeze for enjoying sunrises, sunsets and sunbathing from one of six personal porches or that amazing rooftop deck. You'll also enjoy watching the island's fireworks and find yourself endlessly entertained by dolphins, paddle boarders and the harbor's bustling boating scene. Although not currently on a rental program, the property generated approximately $76,000 in rental income in 2025 while the owner reserved the top-floor apartment for personal use. Late-season 2026 rental projections are available upon request. This is a rare opportunity to own a luxury beach home with exceptional flexibility, premium amenities, spectacular views, and outstanding income potential in one of Carolina Beach's most desirable locations. Call today to book your showing before this unique home is gone!
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-1
Direction From Lake Park Blvd turn on to Carl Winner Boulevard, turn left on Canal Drive. Travel .3 miles; Property is on the right.
Location Details Island
Rooms
Other Rooms Outdoor Kitchen
Basement None
Primary Bedroom Level Primary Living Area
Interior
Interior Features Solid Surface, Whole-Home Generator, Elevator, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades, Smart Thermostat
Heating Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring LVT/LVP, Tile
Furnishings Negotiable
Fireplace No
Appliance Mini Refrigerator, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Electric Range, Generator
Laundry Laundry Closet
Exterior
Exterior Feature Outdoor Shower, Irrigation System, DP50 Windows, Outdoor Grill, End Unit
Parking Features Attached, Covered, Concrete, Lighted, On Site, Paved
Carport Spaces 4
Pool See Remarks, Hot Tub
Utilities Available Sewer Connected, Water Connected
Amenities Available Flood Insurance, Master Insure, Shopping Nearby
Waterfront Description Sound Side
View Canal, ICW, Marina, Ocean, Sound, Water
Roof Type Membrane,Flat
Accessibility Accessible Elevator Installed
Porch Covered, Deck, Porch, See Remarks, Balcony, Front Porch, Rear Porch
Garage No
Building
Lot Description Sound Side
Entry Level End Unit,Three Or More
Foundation Other, Pilings
Water Public
Level or Stories 3
Structure Type Outdoor Shower,Irrigation System,DP50 Windows,Outdoor Grill,End Unit
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R08819-004-007-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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