500 Alabama Avenue Unit 1
Carolina Beach, NC 28428
$735,000
About the property
One of these things is not like the others! Because it isn't. One of the largest southeast-facing corner homesites. Parking for up to 7 vehicles. Over $80,000 in documented upgrades. A square floor plan that lives like a home--not the typical narrow side-by-side beach townhome. Plus, leaseback income already in place. Secure your future now with this exceptional luxury townhome, ideal as an investment property, second home, or future primary residence. Located just four blocks from one of Carolina Beach's most desirable beach accesses with public parking, restrooms, and ADA-accessible beach access, this mid-island location offers convenience that's difficult to match. Situated on a spacious southeast-facing corner with generous setbacks, this thoughtfully designed home captures abundant natural light, expansive big-sky views, and a sense of openness rarely found among island townhomes. With over $80,000 in documented improvements, the oversized chef's kitchen is a standout, featuring expanded cabinetry, an oversized island, Bosch professional gas range, Bosch refrigerator, KitchenAid dishwasher, custom range hood, pantry, under-cabinet lighting, granite countertops, tile backsplash, and reverse osmosis drinking water system. The spacious living area showcases a custom shiplap fireplace feature wall, while hardwood oak stair treads, waterproof LVP flooring, upgraded lighting, custom blinds, closet systems, and beautifully finished tile bathrooms with custom glass enclosures reflect quality throughout. Outdoor living is equally inviting with a southeast-facing covered porch, fenced front yard with deck, professional landscaping, built-in planters, private side yard, and covered outdoor shower. Additional highlights include a finished garage with custom storage, whole-house Culligan water softener, Ring security cameras, complete hurricane shutter system, buried propane tank, fiber cement siding, engineered construction, architectural roof, and energy-efficient Low-E windows. Seller requires a leaseback through June 2027, providing immediate rental income while allowing buyers to plan for future occupancy.
One of these things is not like the others... and once you see it, you'll understand why.
At a glance
Listing details
- Full bathrooms
- 2
- Half bathrooms
- 1
- Heated square feet
- 1,651
- Lot acres
- 0.03
- Lot dimensions
- 54x50
- Stories
- 2
- Zoning
- MH
- HOA
- No
- Waterfront
- No
- Fireplace
- Yes
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
- Townhouse
- County
- New Hanover
- Location Type
- Island
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
- Unit #
- Unit 1
- City Limits
- No
- Marketing City
- Carolina Beach
- Year Built
- 2022
- Deed Restrictions
- No
- # Baths - Total
- 3
- # Bedrooms
- 3
- # Rooms
- 8
- Master Bedroom Level
- Primary Living Area
- Fireplaces Total
- 1
- New Construction
- No
- Sign on Property
- No
- Attic
- Scuttle
- Appliances/Equip
- Electric Oven; Gas Range
- Construction
- Wood Frame
- Cooling
- Ceiling Fan(s); Central Air; Heat Pump
- Dining Room Type
- Formal
- Entry Level Information
- Entry Level: 1
- Exterior Finish
- Fiber Cement
- Other Structures
- Shower
- Foundation
- Slab
- Terms
- Cash; Conventional; FHA; USDA Loan; VA Loan
- Fuel Tank
- Fuel Tank; Above or Below Ground: Below Ground; Fuel Type: Propane; In Use: Yes; Owned or Leased: Leased; Lessor Name and Contact: Suburban 910-3132900
- Trash Collection
- City Pick-UP
- Furnished
- Negotiable
- Structure Type
- Townhouse
- Flooring
- LVT/LVP
- Fencing
- Front Yard; Wood
- Interior Features
- Blinds/Shades; Ceiling Fan(s); Entrance Foyer; Pantry; Reversed Floor Plan; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s)
- Garage & Parking
- Total Parking Spaces: 7; Attached Garage Spaces: 1; Detached Garage Spaces: 0; Total # Garage Spaces: 1; Total Carport Spaces: 0
- HOA and Neigh Amenities
- No Amenities
- Heated SqFt
- 1600 - 1799
- Heating
- Fireplace(s); Heat Pump
- Heating System Fuel Source
- Electric
- Lot Features
- Corner Lot
- Laundry Features
- Laundry Room
- Patio and Porch Features
- Balcony; Covered; Deck
- Parking Features
- Concrete; Garage; Garage Door Opener; Garage Faces Front; Lighted; Off Street
- Roof
- Architectural Shingle
- Road Type/Frontage
- Public (City/Cty/St)
- Showing Instructions
- 24 Hour Notice
- Levels
- Two
- Architectural Style
- Modern
- Electric Provider
- Duke Energy
- Water Heater
- Electric
- Utilities
- Cable Available; High Speed Internet
- 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
- $632,000
- Cobra Zone
- No
- Deed Book
- 6576
- Deed Page
- 1359
- Federal Flood Ins Avlbl
- Yes
- Plat Book
- 71
- PID
- R09017-019-024-000
- Tax Identifier
- R09017-019-024-000
- Plat Page
- 333
- Total Real Estate Property Taxes
- $2,829.46
- Special Assessments
- none
- Tax Year
- 2025
- Legal
- Lot 500-1 500 Alabama Ave Townhomes Child Split From R09017-019-011-000 Opener
- Directions to Property
- 421 S right on Alabama Avenue, house on right about 4 blocks back on right.