506 Canal Drive 2

Carolina Beach, NC 28428

$1,284,000

$508 per Sq.Ft.

Active
5 beds
4 baths
2530 Sq. Ft.
Residential
Built in 2023
MLS #100572391

5 beds

4 baths

2530 Sq. Ft.

Residential

Built in 2023

MLS #100572391

Experience the best of luxury coastal living with AMAZING ocean and canal water views and a huge show-stopping rooftop deck, all just steps from beach access. This exceptional 5-bedroom, 4 full bath townhome duplex with private Elevator, whole home generator, built in 2023 and offered fully furnished, features 2,530 square feet of thoughtfully designed living space--perfect as a private beach retreat, income-producing investment, or primary residence. A unique design sets this property apart, with the top floor featuring a private 1-bedroom 1 bath unit complete with a full kitchen, living area, laundry, separate entrance and elevator access--ideal for a vacation rental or guest quarters while enjoying the main living areas on the first and second floors. Or rent out the main two levels and keep the top level for yourself. The 1300 sq. ft. rooftop deck is designed for entertaining and relaxation, complete with a hot tub, grill, bar with TV, sun lounging area, and breathtaking ocean and canal views. Multiple decks throughout the home provide additional outdoor living spaces to take in the coastal breeze. Enjoy ocean and canal views from most decks and elevator access is available on all levels. Inside, you'll find high-end finishes including Bosch appliances, quartz countertops, and well-appointed details throughout. The open, airy layout blends modern style with beachside comfort. Additional features include covered parking for up to 4 vehicles, a large outdoor shower,2 large outdoor storage closets, and a private fenced, landscaped backyard--perfect for unwinding after a day at the beach. This is a rare opportunity to own a versatile, turn-key coastal property offering both luxury and strong rental potential in a prime beachside location. In 2025 the owner used the top floor private unit and rented out the first two levels and brought in approximately $76,000 in rental income by managing it himself.

Interior Features

Total bedrooms

5 bedrooms

Full bathrooms

4 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

Mini refrigerator, electric oven, built-in microwave, washer, refrigerator, dryer, dishwasher

Interior features

Walk-in closet(s), solid surface, whole-home generator, generator plug, elevator, 2nd kitchen, apt/suite, ceiling fan(s), furnished, hot tub, walk-in shower

Flooring

Lvt/lvp, tile

Cooling

Central air

Heating

Heat pump, electric

Exterior Features

Lot size

0.14 acres

Water front

Water features

Harbor, sound side, third row

Fencing

Privacy, back yard, wood

Exterior features

Fiber cement

Roof

Flat, membrane

HOA Information

HOA

Yes

HOA amenities

No amenities

Utilities

Sewer connected, water connected

Schools

Elementary school

Carolina Beach

Middle school

Murray

High school

Ashley

Other Information

Tax assessed value

$1,224,900.00

Tax amount

$5,483.88

Tax year

2025

Zoning

R-1

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Listing provided courtesy of: Barber Realty Group 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.

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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.

Market trends

There were 59 new listings in Carolina Beach last month. The average time on market was 87 days and the average price of new new listings was $731,963. Over the last three months, the average sale price to list price ratio was 95.00%.

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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.

View all properties in Carolina Beach

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506 Canal Drive 2