500 Canal Drive

Carolina Beach, NC 28428

$2,300,000

7Bedrooms
7Bathrooms
3,819Heated sqft
2020Year built
Not In Subdivision Subdivision
Single Family ResidenceProperty subtype
REAL Broker LLCListing office
Osprey Realty GroupListing agent
New HanoverCounty
0.14 acres Lot size

About the property

Just a short distance from the beach and directly across from the canal, this 8-bedroom, 4-story home offers a layout designed for large groups and flexible rental use. Built in 2020, the home features an elevator, seven decks, and ocean and canal views.
The ground level provides easy access to the home and elevator, while the first floor includes three bedrooms and its own coffee and gathering area. The second floor offers four additional bedrooms, including a dedicated bunk room. The top floor features an open living, dining, and kitchen area with views of both the ocean and canal. With multiple living and gathering spaces, the home offers plenty of room for guests to spread out.
Outdoor features include seven decks, two outdoor showers, a 30x50 backyard, and parking for up to 12 vehicles. The two-car garage is configured with space for a golf cart on one side and two cars parked front-to-back in the other bay. The home was raised four feet above grade on an 8x8 pile foundation, with the elevation incorporated into the original construction.
Currently operating as a short-term rental, the home accommodates up to 17 guests and has established five-star reviews with reservations extending into 2027. Located within walking distance of downtown Carolina Beach and just a short distance from the beach, the home is being sold fully furnished and ready to continue as a rental or enjoy as a beach home.

At a glance

Listing details

Full bathrooms
6
Half bathrooms
1
Heated square feet
3,819
Lot acres
0.14
Lot dimensions
45x125x50x125
Stories
4
Zoning
R-1
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
No
Marketing City
Carolina Beach
Year Built
2020
Deed Restrictions
No
# Baths - Total
7
# Bedrooms
7
# Rooms
11
Master Bedroom Level
Non Primary Living Area
Waterview
Yes
New Construction
No
Sign on Property
Yes
Appliances/Equip
Built-In Microwave; Gas Cooktop; Range; Refrigerator
Construction
Wood Frame
Cooling
Central Air; Heat Pump
Dining Room Type
Combination
Entry Level Information
Entry Level: 2
Exterior Finish
Vinyl Siding
Foundation
Pilings
Terms
Cash; Conventional; FHA; VA Loan
Fencing
None
Interior Features
Ceiling Fan(s); Elevator; Kitchen Island; Vaulted Ceiling(s); Walk-in Shower; Walk-In Closet(s); Wet Bar
Garage & Parking
Total Parking Spaces: 10; Attached Garage Spaces: 2; Detached Garage Spaces: 0; Total # Garage Spaces: 2; Total Carport Spaces: 0
Heated SqFt
3500 - 3999
Heating
Heat Pump
Heating System Fuel Source
Electric
Lot Water Features
None
Patio and Porch Features
Balcony; Covered; Deck
Parking Features
Covered; Garage; Underhouse
Pool Features
See Remarks
Roof
Architectural Shingle
Road Type/Frontage
Maintained; Paved; Public (City/Cty/St)
Levels
3 Story or More
Utilities
Sewer Connected; Water Connected
Sewer
Municipal Sewer
Water Source
Municipal Water
Construction Type
Stick Built
View Type
Canal; ICW View; Water
Frontage Type
None
Tax Assessed Value
$1,403,100
Cobra Zone
No
Deed Book
4179
Deed Page
330
Plat Book
n/a
PID
R08819004033000
Tax Identifier
R08819-004-033-000
Plat Page
n/a
Total Real Estate Property Taxes
$6,281.68
Special Assessments
None known
Tax Year
2025
Legal
Lot 11 Blk 8 Carolina Beach
Directions to Property
Take Snows Cut Bridge into Carolina Beach. Stay straight on S Lake Park Blvd. Turn left on Carl Winner Drive. Turn left onto Canal Drive.