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506 Canal Drive 2

Carolina Beach, NC 28428

$1,250,000

$500 per Sq.Ft.

  • Active
  • 5 beds
  • 4 baths
  • 2500 Sq. Ft.
  • Residential
  • Built in 2023
  • MLS #100589451
5 beds
4 baths
2500 Sq. Ft.
Residential
Built in 2023
MLS #100589451
Whether you're searching for the ultimate investment opportunity or a family beach retreat, this 5 bedroom, 4 bath home delivers! Featuring sweeping harbor and ocean views, an expansive rooftop deck, elevator and a private top floor apartment, this modern fully furnished townhome is located just steps away from the beach and easily walkable to the Carolina Beach boardwalk, marina, restaurants, entertainment and shopping. The home is beautifully appointed with Bosch kitchen appliances, quartz counters, oversized Samsung TVs and a 1,300 square foot party-ready rooftop deck with grill, bar and hot tub. The versatile floor plan includes two primary suites plus three additional bedrooms, two equipped with queen bunk beds to maximize sleeping capacity. A private top-floor suite functions as a self-contained apartment with its own kitchen, full bath, and washer/dryer--the perfect set up for owners who want to enjoy personal space while hosting family, friends or vacation guests. Practical features include DP50 wind rated windows, irrigation system, whole house generator and low maintenance LVP and tile floors. Ground level you'll find parking for 4 cars, an outdoor shower and a fenced, pet-friendly back yard. There's always a breeze for enjoying sunrises, sunsets and sunbathing from one of six personal porches or that amazing rooftop deck. You'll also enjoy watching the island's fireworks and find yourself endlessly entertained by dolphins, paddle boarders and the harbor's bustling boating scene. Although not currently on a rental program, the property generated approximately $76,000 in rental income in 2025 while the owner reserved the top-floor apartment for personal use. Late-season 2026 rental projections are available upon request. This is a rare opportunity to own a luxury beach home with exceptional flexibility, premium amenities, spectacular views, and outstanding income potential in one of Carolina Beach's most desirable locations. Call today to book your showing before this unique home is gone!

Interior Features

Total bedrooms
5 bedrooms
Full bathrooms
4 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Mini refrigerator, built-in microwave, washer, refrigerator, dryer, dishwasher
Interior features
Solid surface, whole-home generator, elevator, 2nd kitchen, apt/suite, ceiling fan(s), furnished, walk-in shower
Flooring
Lvt/lvp, tile
Cooling
Central air
Heating
Heat pump, electric

Exterior Features

Lot size
0.07 acres
Water front
No
Water features
Sound side
Fencing
Privacy, back yard, wood
Exterior features
Fiber cement
Roof
Flat, membrane

HOA Information

HOA
Yes
HOA amenities
Flood insurance, master insure

Utilities

Utilities
Sewer connected, water connected

Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley

Other Information

Home warranty
1
Tax assessed value
$1,326,200.00
Tax year
2025
Zoning
R-1

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Listing provided courtesy of: Coldwell Banker Sea Coast Advantage-CB. 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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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.

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

Market trends

There were 31 new listings in Carolina Beach last month. The average time on market was 83 days and the average price of new new listings was $853,726. Over the last three months, the average sale price to list price ratio was 95.20%.

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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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