1202 Canal Drive

Carolina Beach, NC 28428

$630,000

3Bedrooms
2Bathrooms
1,264Heated sqft
1940Year built
Not In Subdivision Subdivision
Single Family ResidenceProperty subtype
Coldwell Banker Sea Coast Advantage-CBListing office
Jaci H PonzoniListing agent
New HanoverCounty
0.14 acres Lot size

About the property

ADORABLE AND AFFORDABLE BEACH COTTAGE! From ocean sunrises on the back deck to harbor sunsets on the front porch, this charming 3-bedroom, 2-bath furnished beach cottage captures everything you love about island living. Ideally located just one block from the ocean and public beach access, you'll enjoy an easy bike or golf cart ride to the Carolina Beach Pier, Freeman Park, the marina, boardwalk, restaurants, and entertainment. Inside, classic beach cottage character blends seamlessly with thoughtful updates. Charming details including beadboard chair rail, a vaulted wood ceiling in the living room and kitchen, and a retro painted tin ceiling in the primary bedroom create warmth and personality. The spacious kitchen offers ample cabinet space, an island with bar seating, and opens to a large living room on one side and a cozy dining area on the other. There's even a dedicated ''work from anywhere'' nook. In 2024, the home was elevated through a FEMA grant using a resilient helical piling system encased in concrete block. Since then, the owners have made numerous improvements, including a new TRANE HVAC installed in August 2026, new Pella windows in sunroom and laundry, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. There are two additional structures out back that could be rehabbed or torn down to make room for a pool or new ADU, subject to town review and approval. This home located in a popular area of the island for vacation rentals (projections available on request). Whether you're searching for a full-time residence, a weekend getaway, or an income-producing beach investment, this classic Carolina Beach cottage offers an unbeatable location, significant recent improvements, and outstanding versatility. Competitively priced and sold furnished, this is an outstanding opportunity to own a beach home just steps from the ocean. Schedule your showing today before it's gone!

At a glance

Listing details

Full bathrooms
2
Half bathrooms
0
Heated square feet
1,264
Lot acres
0.14
Lot dimensions
50 x 120
Stories
1
Zoning
R-1 WB
HOA
No
Waterfront
No
Fireplace
No

Education

Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley
School district
New Hanover

Complete report

Property features

City
Carolina Beach
Sub-Type
Single Family Residence
County
New Hanover
Location Type
Island
Subdivision
Not In Subdivision
Secondary Subdivision
N/A
City Limits
Yes
Marketing City
Carolina Beach
Year Built
1940
Deed Restrictions
No
# Baths - Total
2
# Bedrooms
3
# Rooms
7
Master Bedroom Level
Primary Living Area
Waterview
Yes
New Construction
No
Sign on Property
Yes
Handicap Accessible
None
Attic
Access Only
Appliances/Equip
Built-In Microwave; Dryer; Electric Range; Refrigerator; Washer
Basement
None
Construction
Wood Frame
Cooling
Heat Pump
Dining Room Type
Formal
Entry Level Information
Entry Level: 1
Exterior Finish
Vinyl Siding
Other Structures
Shed(s); Storage
Foundation
Pilings; See Remarks
Terms
Cash; Conventional
Trash Collection
City Pick-UP
Unit Type
3 Bedroom
Flooring
LVT/LVP
Fencing
None
Interior Features
Entrance Foyer
Garage & Parking
Total Parking Spaces: 6; Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0
Heated SqFt
1200 - 1399
Heating
Heat Pump
Heating System Fuel Source
Electric
Home Warr/Termite
Home Warranty/Seller; Home Warranty Company: 2-10; Home Warranty Amount: 700
Laundry Features
Laundry Room
Lot Water Features
Sound Side
Patio and Porch Features
Deck; Front Porch; Rear Porch
Parking Features
Golf Cart Parking; Gravel; On Site
Pool Features
None
Roof
Architectural Shingle
Road Type/Frontage
Public (City/Cty/St)
Levels
One
Architectural Style
Raised Ranch; See Remarks
Separate Living Spcs
Addl Sep Bldg Desc: 2 story building
Electric Provider
Duke Progress Energy
Water Heater
Electric
Utilities
Cable Available
Sewer
Municipal Sewer
Water Source
Municipal Water
Construction Type
Stick Built
View Type
Canal; ICW View; Marsh View; Ocean; Sound View; Water
Frontage Type
None
Tax Assessed Value
$696,600
Deed Book
4555
Deed Page
184
Plat Book
3
PID
R08811008007000
Tax Identifier
R08811-008-007-000
Plat Page
67
Total Real Estate Property Taxes
$3,118.68
Special Assessments
None
Tax Year
2025
Legal
Lt 12 Blk 22 Carolina Beach
Directions to Property
Cross Snows Cut Bridge to Carolina Beach. Turn Left on Carl Winner avenue, Turn Left on Canal, proceed approximately 1 mile and property is on the right.