1206 Canal Drive A&B, Carolina Beach, NC 28428
$1,600,000
Virtual Tour
https://my.matterport.com/show/?m=R6QCjB3Wzmc&mls=1
Virtual Tour
https://my.matterport.com/show/?m=Nz2rxZ6Ecos&mls=1
Property Type:
Residential
Bedrooms:
8
Baths:
7
Square Footage:
5,000
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,600,000
List Date:
12/14/2024
Last Modified:
3/06/2025
Overview
Description
...
(Read more)
**INVESTOR ALERT!** Check out this MASSIVE income-producing property in Carolina Beach. This exquisite ocean and harbor view property is ideally located just steps away from beach access, offering stunning views of both the canal and the beautiful Atlantic Ocean from its decks on every level. This three-story, multi-family house features 8 bedrooms and 7 bathrooms, boasting over 5,000 sq. ft. of space. The oversized bedrooms, 2 stunning kitchens, and huge open-plan living and dining areas make it perfect for large family gatherings. Outside, you'll find a saltwater heated pool, landscaped patio area with a hot tub and pergola, and a large parking area accommodating 10 cars. Two garages provide ample storage for all your beach toys and golf carts. This turn-key rental investment opportunity comes with proven revenue. Recently updated with a new elevator, flooring, paint, and resurfaced pool. The property also offers two BONUS level rooftop decks with unparalleled panoramic views across the island, ocean, harbor, and beyond. Enjoy breathtaking sunrises and sunsets! The elevator services the top two floors, while the lowest floor is accessible by stairs, allowing for flexible use as either two separate units or a single home to accommodate large groups. Carolina Beach offers a stunning boardwalk, restaurants, shops, and many attractions nearby, ensuring continued equity growth for any investor looking for profits. Ask for income numbers and potential! A boat slip is available for lease directly across the street. Don't miss out on this exceptional investment opportunity!
Listing Details MLS# 100480072
Contract Info
- Sub-Type
- Single Family Residence
- Construction Type
- Stick Built
- Delayed Marketing?
- No
- Marketing Start Date
- 2024-12-14
- Listing Price
- 1895000
- List Price/SqFt
- 379
- Stipulation of Sale
- Standard
Location Information
- Street #
- 1206
- Street Name
- Canal
- Street Suffix
- Drive
- Unit #
- A&B
- County
- New Hanover
- State/Province
- NC
- Zip Code
- 28428
- City Limits
- Yes
- Marketing City
- Carolina Beach
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- 420 S. over Snows Cut Bridge, continue on Lake Park Blvd, left onto Carl Winner Ave, left onto Canal Dr. Home is on the right.
- Sign on Property
- Yes
Property Exterior Info
- New Construction
- No
- Lot Acres
- 0.14
- Lot SqFt
- 6098
- Lot Dimensions
- 50 X 125
- Waterfront
- No
- Waterview
- Yes
- Location Type
- Island
Property Interior Info
- SqFt - Heated (Primary)
- 5000
- Total SqFt - Heated (Primary + Separate)
- 5000
- # Rooms
- 14
- # Baths - Full
- 7
- # Baths - Total
- 7
- # Bedrooms
- 8
- Master Bedroom Level
- Primary Living Area
- Stories
- 3
- Fireplace Y/N
- Yes
Legal Taxes
- Year Built
- 2006
More Information
Status Change Info
- Under Contract Date
- 2025-02-02
- Sold Date
- 2025-03-05
Fuel Tank
- Above or Below Ground
- Above Ground
- Fuel Type
- Propane
- Owned or Leased
- Owned
Property Features
Handicap Accessible:
Elevator
View Type:
Canal; Ocean; Sound View
Construction:
Wood Frame
Exterior Features:
Outdoor Shower
Exterior Finish:
Vinyl Siding
Fencing:
Back Yard
Foundation:
Pilings
Fuel Tank Ownership:
Owned
Parking Features:
Concrete; Covered; On Site
Patio and Porch Features:
Balcony; Covered; Deck; Patio
Pool Features:
Hot Tub; In Ground
Roof:
Metal
Levels:
3 Story or More
Lot Water Features:
None
Cooling:
Central Air
Heating:
Forced Air
Heating System Fuel Source:
Electric
Water Heater:
Electric
Utilities:
Sewer Available; Water Available
Sewer:
Municipal Sewer
Water Source:
Municipal Water
Flooring:
Carpet; LVT/LVP; Tile; Wood
Interior Features:
2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Elevator; Kitchen Island; Walk-in Shower; Walk-In Closet(s); Wet Bar
Heated SqFt:
5000 - 5499
Dining Room Type:
Combination
Other Structures:
Pergola
Terms:
Cash; Conventional
IDX
Listing Office:
Coldwell Banker Sea Coast Advantage-CB
Last Updated: March - 06 - 2025
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.