1202 Canal Drive

Carolina Beach, NC 28428

$630,000

$498 per Sq.Ft.

Active
3 beds
2 baths
1264 Sq. Ft.
Residential
Built in 1940
MLS #100591199

3 beds

2 baths

1264 Sq. Ft.

Residential

Built in 1940

MLS #100591199

2026 HVAC + GREAT LOCATION + AFFORDABLE PRICE = EXCELLENT OPPORTUNITY! From ocean sunrises on the back deck to harbor sunsets on the front porch, this charming 3-bedroom, 2-bath furnished beach cottage captures everything you love about island living. Ideally located just one block from the ocean and public beach access, you'll enjoy an easy bike or golf cart ride to the Carolina Beach Pier, Freeman Park, the marina, boardwalk, restaurants, and entertainment. Inside, classic beach cottage character blends seamlessly with thoughtful updates. Charming details including beadboard chair rail, a vaulted wood ceiling in the living room and kitchen, and a retro painted tin ceiling in the primary bedroom create warmth and personality. The spacious kitchen offers ample cabinet space, an island with bar seating, and opens to a large living room on one side and a cozy dining area on the other. There's even a dedicated ''work from anywhere'' nook. In 2024, the home was elevated through a FEMA grant using a resilient helical piling system encased in concrete block. Since then, the owners have made numerous improvements, including a newTRANE HVAC system installed in August 2026, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. Out back, two detached structures offer flexibility for multiple uses. A two-story, approximately 700-square-foot building was previously used as an apartment and could be restored for additional living space, a guest suite, studio, or rental opportunity. Alternatively, the structure could be removed to make way for a new ADU, subject to town review and approval. A separate approximately 250-square-foot workshop provides storage for surfboards, fishing and boating gear, bicycles, and all your beach essentials. There's also room for a pool if one or both structures are removed. This home located in a popular area of the island for vacation rentals (projections available on request). Whether you're searching for a full-time residence, a weekend getaway, or an income-producing beach investment, this classic Carolina Beach cottage offers an unbeatable location, significant recent improvements, and outstanding versatility. Competitively priced and sold furnished, this is an outstanding opportunity to own a beach home just steps from the ocean. Schedule your showing today before it's gone!

Interior Features

Total bedrooms

3 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

Built-in microwave, washer, refrigerator, dryer

Interior features

Entrance foyer

Flooring

Lvt/lvp

Cooling

Heating

Heat pump, electric

Exterior Features

Lot size

0.14 acres

Water front

Water features

Sound side

Fencing

None

Exterior features

Vinyl siding

Roof

Architectural shingle

HOA Information

HOA

Utilities

Cable available

Schools

Elementary school

Carolina Beach

Middle school

Murray

High school

Ashley

Other Information

Home warranty

Tax assessed value

$696,600.00

Tax amount

$3,118.68

Tax year

2025

Zoning

R-1 WB

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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.

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 46 new listings in Carolina Beach last month. The average time on market was 90 days and the average price of new new listings was $817,974. 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.

View all properties in Carolina Beach

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1202 Canal Drive