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

