Active · Kure Beach

636 & 644 S Third Avenue

Kure Beach, NC 28449

$1,950,000

$539 per sq ft
Bedrooms
7
Bathrooms
7
Square feet
3,618
Year built
1940

Listing provided courtesy of Fathom Realty NC LLC MLS# 100565968

A closer look

About this property

Why buy one beach house when you can buy three?

Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island.

This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished:

Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view.

Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other.

Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub.

Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort.

Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping.

The result?

A property that practically runs itself and keeps guests coming back.

All furniture included. Just show up and start collecting checks.

And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside.

Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box.

Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort.

Listing agent is one of the owners of the property.

Interior features

SqFt
3,618
Bedrooms
7
Full bathrooms
7
Half bathrooms
0
Interior
Master Downstairs, Vaulted Ceiling(s), Solid Surface, Bookcases, Kitchen Island, Ceiling Fan(s), Furnished, Hot Tub, Pantry, Walk-in Shower, Blinds/Shades, Eat-in Kitchen
Flooring
LVT/LVP, Tile, Hardwood
Heating
Heat Pump, Electric, Forced Air
Cooling
Central Air, Wall/Window Unit(s), Ceiling Fan(s)2, Heat Pump
Levels
One
Laundry features
Laundry Closet

Exterior & grounds

Lot size (acres)
0.36
Lot features
Corner Lot, Landscaped
Lot dimensions
Irregular
Foundation
Crawl Space
Views
Ocean, Water
Exterior
Outdoor Shower
Construction
Wood Siding, Wood Frame
Roof
Metal
Parking
Off Street
Patio & porch
Deck, Porch, Screened
Fencing
None
Waterfront
No
Waterfront features
None

Community & association

Community
Not In Subdivision
Homeowners association
No
Amenities
None

Utilities

Utilities
Cable Available, Sewer Connected, Water Connected
Water source
Public

Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley

School assignments should be independently verified with the school district.

Property information

Property type
Residential
Property subtype
Single Family Residence
Year built
1940
New construction
No
MLS#
100565968
County
New Hanover
Zoning
RA-2

Explore this property

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636 & 644 S Third Avenue, Kure Beach, NC 28449 · MLS# 100565968

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