309 M Avenue
Kure Beach, NC 28449
$689,999
About the property
Turn the key and start enjoying the Kure Beach lifestyle from day one! Whether you're searching for a primary residence, second home, or an investment property, this beautifully updated beach cottage checks every box. Currently operating as a vacation rental, it's furnished and ready for the next owner to continue welcoming guests or simply unpack and enjoy coastal living. A recent rental analysis projects approximately $50,000 in annual rental income, making this an excellent opportunity for investors seeking a turn-key coastal property (Please note that a seller exclusion list identifying specific non-conveying items is available in the documents).
Inside, you'll find 3 bedrooms, 1.5 bathrooms, an inviting open living space, and a beautifully updated kitchen featuring Whirlpool and GE stainless steel appliances, abundant cabinetry, generous counter space, and a dedicated coffee bar - perfect for slow mornings before the beach or unwinding after a day in the sun. Luxury vinyl plank and tile flooring, ceiling fans, and tasteful coastal furnishings create a space that's both comfortable and move-in ready.
Significant updates provide added value and peace of mind, including new windows installed by Andersen (2024), a new HVAC system featuring a heat pump, furnace, and air conditioning unit (2025), a crawlspace dehumidifier (2025), and a water heater replaced in 2022. All HVAC improvements include an existing warranty and maintenance agreement with Southern Air Heating & Cooling.
Step outside and embrace the coastal lifestyle with inviting front and rear screened porches, a fully fenced backyard, an outdoor shower for rinsing off after a day at the beach, a storage shed for all your beach gear, and a spacious driveway with parking for three or more vehicles. Best of all, you're just moments from the the sandy shoreline of Kure Beach & Carolina Beach, Fort Fisher State Recreation Area, the North Carolina Aquarium at Fort Fisher, the Southport-Fort Fisher Ferry, local restaurants, coffee shops, and island boutiques. When you're ready to explore beyond the island, historic downtown Wilmington, Wilmington International Airport and Wrightsville Beach are all approximately 30 minutes away, offering the perfect balance of relaxed coastal living and easy access to some of southeastern North Carolina's most iconic destinations.
Whether you're looking to continue a proven vacation rental, create your own coastal retreat, or invest in one of the Cape Fear region's most desirable beach communities, this is an opportunity you won't want to miss.
At a glance
Listing details
- Full bathrooms
- 1
- Half bathrooms
- 1
- Heated square feet
- 1,100
- Lot acres
- 0.11
- Lot dimensions
- 50x100x50x100
- Stories
- 1
- Zoning
- RA-2
- 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
- Kure 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
- Kure Beach
- Year Built
- 1954
- # Baths - Total
- 2
- # Bedrooms
- 3
- # Rooms
- 5
- Master Bedroom Level
- Primary Living Area
- Waterview
- No
- New Construction
- No
- Sign on Property
- Yes
- Handicap Accessible
- None
- Attic
- Floored - Partial; Scuttle
- Appliances/Equip
- Built-In Microwave; Dishwasher; Disposal; Dryer; Ice Maker; Range; Refrigerator; Washer
- Basement
- Crawl Space
- Construction
- Block
- Cooling
- Central Air; Heat Pump
- Dining Room Type
- Kitchen
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Block; Vinyl Siding
- Other Structures
- Shed(s)
- Foundation
- Block; Crawl Space
- Exterior Features
- Gas Grill; Outdoor Shower; Storm Doors
- Terms
- Cash; Conventional; FHA; VA Loan
- Trash Collection
- City Pick-UP
- Furnished
- Furnished
- Unit Type
- 3 Bedroom
- Flooring
- LVT/LVP; Tile
- Fencing
- Back Yard; Wood
- Interior Features
- Blinds/Shades; Ceiling Fan(s); Eat-in Kitchen; Furnished; Master Downstairs
- Green Bldg Certify
- None
- Green Bldg Features
- None
- Garage & Parking
- Total Parking Spaces: 3; Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0; None
- Heated SqFt
- 1000 - 1199
- Heating
- Heat Pump
- Heating System Fuel Source
- Electric
- Laundry Features
- In Hall; Laundry Closet
- Lot Water Features
- None
- Patio and Porch Features
- Covered; Front Porch; Porch; Rear Porch; Screened
- Parking Features
- Off Street; Paved
- Pool Features
- None
- Roof
- Shingle
- Road Type/Frontage
- Public (City/Cty/St)
- Showing Instructions
- Showing Service
- Levels
- One
- Electric Provider
- Duke Energy
- Water Heater
- Electric
- Utilities
- Sewer Connected; Water Connected
- Sewer
- Municipal Sewer
- Water Source
- Municipal Water
- Water Provider
- City/Town
- Sewer Provider
- City/Town
- Construction Type
- Stick Built
- View Type
- None
- Frontage Type
- None
- Tax Assessed Value
- $656,300
- Cobra Zone
- No
- Deed Book
- 6036
- Deed Page
- 554
- Plat Book
- 4
- PID
- R09213-007-022-000
- Tax Identifier
- R09213-007-022-000
- Plat Page
- 90
- Total Real Estate Property Taxes
- $3,137.12
- Special Assessments
- None
- Tax Year
- 2025
- Lot #
- 12
- Legal
- Lot 12 Blk 35 Kure Bch
- Directions to Property
- From Wilmington, travel approximately 12.5 miles south on Carolina Beach Road/US-421 toward Carolina Beach and Kure Beach. Continue across the Snow's Cut Bridge, then turn right onto Dow Road. Travel approximately 3.9 miles, then turn left onto N Fourth Avenue. After approximately 0.2 miles, turn right onto M Avenue. 309 M Avenue will be on the right.