716 Canal Drive - 2
716 Canal Drive - 3
716 Canal Drive - 4

716 Canal Drive

Carolina Beach, NC 28428

$629,999

$722 per Sq.Ft.

  • Active
  • 2 beds
  • 1 baths
  • 872 Sq. Ft.
  • Residential
  • Built in 1940
  • MLS #100490936
2 beds
1 baths
872 Sq. Ft.
Residential
Built in 1940
MLS #100490936
We are thrilled to introduce this competitively priced new entry to the Pleasure Island single family home market making its second appearance in sale history! This updated Hip and Historic beach bungalow has been utilized as the owners' dwelling for the former Beacon House Inn Bed & Breakfast and is now available for purchase to the fortunate buyer looking for an exceptionally loved and well-maintained coastal property. 716 Canal Drive combines all the sought-after features on an avid Carolina Beach homebuyer's wish list: including an oversized 8000 square foot lot (very rare for the Island) with zero parking challenges for vehicles, RV and boating enthusiasts, generous outdoor living spaces, and close proximity to the Oyster Shell public beach access (less than a 2-minute walk to the sand). The outdoor living areas are unique, both at the front and rear of the property, providing ample room to gather, play, and relax with children or canine besties. At the rear of the home, a large fully fenced in backyard features a brick fire pit, natural landscaping for privacy, and a delightful outdoor shower. The cottage has a unique layout rarely seen in beach rentals with the living space upstairs (872 sqft) and identical garage footage downstairs for guest, owner, and storage use. There are a multitude of possibilities for ownership of this character laden property including Primary Residence, Second Home, Investment Property STR, or choose to expand up to complement existing canal views and potential ocean perspectives for additional friends and family to enjoy. With assumable low-cost flood insurance (no claims/issues from previous storms) and current 2025 land survey paid for and in place by seller, 716 Canal has the ability of a smooth continuation for the interested discerning buyer. This lifestyle residence has been an active summer vacation rental for the 2023 & 2024 summer seasons with furnishings negotiable with an acceptable offer.


Interior Features

Total bedrooms
2 bedrooms
Full bathrooms
1 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Washer, stove/oven - electric, refrigerator, dryer, dishwasher
Interior features
Ceiling fan(s), walk-in shower
Flooring
Lvt/lvp
Cooling
Central air
Heating
Heat pump, electric, forced air


Exterior Features

Lot size
0.18 acres
Water front
No
Water features
Second row
Fencing
Full, back yard
Exterior features
Vinyl siding
Roof
Metal, shingle


HOA Information

HOA
No


Utilities

Utilities
Municipal sewer available, municipal water available


Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley


Other Information

Tax assessed value
$385,400.00
Tax amount
$2,639.99
Tax year
2024
Zoning
R-1


Listing provided courtesy of: A1 Property Management Inc.. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Carolina Beach

Located 12 miles south of Wilmington, Carolina Beach is a family-friendly community with wide beaches, an abundance of leisure opportunities which has undergone considerable growth in recent years.

Carolina Beach Real Estate
Carolina Beach Real Estate
Carolina Beach Real Estate

Market trends

There were 63 new listings in Carolina Beach last month. The average time on market was 88 days and the average price of new new listings was $762,480. Over the last three months, the average sale price to list price ratio was 94.43%.

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Homes for sale

Carolina Beach offers a wide variety of beach home styles raning from laid back beach cottages modern oceanfront estates.

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