404 Canal DR #1, Carolina Beach, NC 28428
404 Canal DR #1, Carolina Beach, NC 28428,Video Tour
404 Canal DR #1, Carolina Beach, NC 28428
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$1,299,000
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5 Beds
6 Baths
3,129 SqFt
New

404 Canal DR #1 Carolina Beach, NC 28428

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Corey Brown

Corey Brown

+1(706) 326-2609

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,129 sqft

Price per Sqft $415

Subdivision Not In Subdivision

MLS Listing ID 100611471

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Y/N Yes

Year Built 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 25 x 125

Property Sub-Type Townhouse

Source Hive MLS

Property Description

OCEAN VIEWS, EXCEPTIONAL FLOOR PLAN & PROVEN RENTAL PERFORMANCE! Just one block from the beach and minutes from the Carolina Beach Boardwalk, marina, dining and shopping, this fully furnished five-bedroom, six-bath townhome offers exceptional space, views and versatility. Designed for large groups yet comfortable enough for intimate getaways, the home sleeps up to 16, balancing personal enjoyment for owners with established short-term rental performance. The reverse floor plan places three bedrooms and the laundry room on the first level, with the primary suite and fifth bedroom on the second and the main living spaces on the top floor. Private bedroom balconies and thoughtful touches, including ensuite bathrooms, bedroom alcoves with writing desks and a chaise lounge in the primary suite, create inviting spaces to relax. An elevator, durable LVP flooring, zoned HVAC and an efficient electric tankless water heater complement the home's thoughtful design. The top-floor living area captures expansive ocean views and gives large groups plenty of room to gather, with dining seating for 12, a spacious sectional and additional chairs. The sleek white kitchen features high-end stainless appliances, including an induction range. There's plenty of counter space and a large island with seating for five plus a pantry and a wet bar with wine chiller. The living room opens to a covered porch and connects to the secluded rooftop deck via an enclosed staircase, extending the living space outdoors for sunbathing, stargazing and taking in sunrises over the ocean or sunsets across the sound. Fully furnished and equipped for vacation rentals, the home is ready for 2027 bookings. Gross rental revenue totaled $76,000 from May through September 2026 for Unit 1, while Units 1 and 2 together generated approximately $150,000 during the same period. Parking accommodates up to seven vehicles. 404 Canal #2 is also available, creating the opportunity to purchase both units together. Whether you envision this as your family's Carolina Beach retreat, a high-performing vacation rental, or both, this property deserves a closer look. Come see the views, the space and the possibilities!

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning T-1

Direction Cross Snows cut Bridge and proceed south on Lake Park Blvd. Turn Left on Canal Drive. Property will be on right after about 2/10s of a mile.

Rooms

Other Rooms Shower

Basement None

Interior

Interior Features Walk-in Closet(s), High Ceilings, Kitchen Island, Elevator, Pantry, Reverse Floor Plan, Walk-in Shower, Wet Bar, Walk-In Closet(s), Wired for Data

Heating Heat Pump, Electric, Zoned

Cooling Heat Pump

Flooring LVT/LVP, Tile

Fireplace Yes

Appliance Mini Refrigerator, Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Tankless Water Heater

Laundry Laundry Room

Exterior

Exterior Feature Outdoor Shower, DP50 Windows

Parking Features Covered, Concrete, Underhouse

Fence None

Pool None

Utilities Available High Speed Internet

Amenities Available Elevator(s), Shopping Nearby, Short Term Rental

View Marina, Ocean, Sound, Water

Roof Type Metal

Accessibility Accessible Elevator Installed

Porch Covered, Deck, Balcony, Rear Porch

Garage No

Building

Lot Description Second Row, Shopping Nearby

Dwelling Type Townhouse,Wood Frame,Stick Built

Story 3

Foundation Other, Raised, Slab, Pilings

Water Public

Level or Stories 3

Additional Building Shower

Structure Type Fiber Cement,Wood Frame

New Construction No

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R08818-015-005-000

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/a2ce55d0-0a31-4ca8-8c2f-01fb1ad16400?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Listed by Jaci H Ponzoni • Coldwell Banker Sea Coast Advantage-CB

NEARBY SCHOOL & BUSINESS

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404 Canal DR #1