404 Canal Drive 1, Carolina Beach, NC 28428 (MLS# 100611471)

404 Canal Drive 1, Carolina Beach, NC 28428

$1,299,000

Virtual Tour

https://www.zillow.com/view-imx/a2ce55d0-0a31-4ca8-8c2f-01fb1ad16400?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,129 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,299,000 List Date: 10/20/2026 Last Modified: 10/21/2026

Overview

Description

OCEAN VIEWS, EXCEPTIONAL FLOOR PLAN & PROVEN RENTAL PERFORMANCE! Just one block from the beach and minutes from the Carolina Beach Boardwalk, marina, dining and shopping, this fully furnished five-bedroom, six-bath townhome offers exceptional space, views and versatility. Designed for large groups yet comfortable enough for intimate getaways, the home sleeps up to 16, balancing personal enjoyment for owners with established short-term rental performance. The reverse floor plan places three bedrooms and the laundry room on the first level, with the primary suite and fifth bedroom on the second and the main living spaces on the top floor. Private bedroom balconies and thoughtful touches, including ensuite bathrooms, bedroom alcoves with writing desks and a chaise lounge in the primary suite, create inviting spaces to relax. An elevator, durable LVP flooring, zoned HVAC and an efficient electric tankless water heater complement the home's thoughtful design. The top-floor living area captu ... (Read more) OCEAN VIEWS, EXCEPTIONAL FLOOR PLAN & PROVEN RENTAL PERFORMANCE! Just one block from the beach and minutes from the Carolina Beach Boardwalk, marina, dining and shopping, this fully furnished five-bedroom, six-bath townhome offers exceptional space, views and versatility. Designed for large groups yet comfortable enough for intimate getaways, the home sleeps up to 16, balancing personal enjoyment for owners with established short-term rental performance. The reverse floor plan places three bedrooms and the laundry room on the first level, with the primary suite and fifth bedroom on the second and the main living spaces on the top floor. Private bedroom balconies and thoughtful touches, including ensuite bathrooms, bedroom alcoves with writing desks and a chaise lounge in the primary suite, create inviting spaces to relax. An elevator, durable LVP flooring, zoned HVAC and an efficient electric tankless water heater complement the home's thoughtful design. The top-floor living area captures expansive ocean views and gives large groups plenty of room to gather, with dining seating for 12, a spacious sectional and additional chairs. The sleek white kitchen features high-end stainless appliances, including an induction range. There's plenty of counter space and a large island with seating for five plus a pantry and a wet bar with wine chiller. The living room opens to a covered porch and connects to the secluded rooftop deck via an enclosed staircase, extending the living space outdoors for sunbathing, stargazing and taking in sunrises over the ocean or sunsets across the sound. Fully furnished and equipped for vacation rentals, the home is ready for 2027 bookings. Gross rental revenue totaled $76,000 from May through September 2026 for Unit 1, while Units 1 and 2 together generated approximately $150,000 during the same period. Parking accommodates up to seven vehicles. 404 Canal #2 is also available, creating the opportunity to purchase both units together. Whether you envision this as your family's Carolina Beach retreat, a high-performing vacation rental, or both, this property deserves a closer look. Come see the views, the space and the possibilities!

Listing Details MLS# 100611471

Contract Info

Sub-Type: Townhouse
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2026-10-20
Listing Price: 1299000
List Price/SqFt: 415.15
Stipulation of Sale: Standard

Location Information

Street #: 404
Street Name: Canal
Street Suffix: Drive
Unit #: Yes
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: Cross Snows cut Bridge and proceed south on Lake Park Blvd. Turn Left on Canal Drive. Property will be on right after about 2/10s of a mile.
Sign on Property: Yes

Property Exterior Info

New Construction: No
Lot Acres: 0.14
Lot SqFt: 6098
Lot Dimensions: 25 x 125
Deed Restrictions: No
Waterfront: No
Waterview: Yes
Horses Y/N: No
Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 3129
Total SqFt - Heated (Primary + Separate): 3129
# Rooms: 9
# Baths - Full: 5
# Baths - Half: Yes
# Baths - Total: 6
# Bedrooms: 5
Master Bedroom Level: Non Primary Living Area
Stories Total: 3
Fireplace Y/N: Yes

Legal Taxes

Year Built: 2025

More Information

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Duke Progress Energy
Trash Provider: Town of Carolina Beach

HOA and Neigh Amenities

Club Membership: None Selected

HOA

Association Name: 404 Canal Owners Association
Association Phone: 000000

Pets Allowed

Pets Allowed: Yes

Property Features

Frontage Type: See Remarks Handicap Accessible: Elevator View Type: Marina; Ocean; Sound View; Water Attic: Access Only Basement: None Construction: Wood Frame Structure Type: Townhouse Unit Type: 4 Bedroom Or More Architectural Style: Modern Exterior Features: DP50 Windows; Outdoor Shower Exterior Finish: Fiber Cement Fencing: None Foundation: Pilings; Raised; Slab Green Bldg Features: LED Lighting; Prog Thermostats; Tankless Water Heater Parking Features: Concrete; Covered; Underhouse Patio and Porch Features: Balcony; Covered; Deck; Rear Porch Pool Features: None Roof: Metal Levels: 3 Story or More Trash Collection: City Pick-UP Lot Features: Shopping Nearby Lot Water Features: Second Row Cooling: Heat Pump Heating: Heat Pump; Zoned Heating System Fuel Source: Electric Water Heater: Electric; Tankless Utilities: High Speed Internet Sewer: Municipal Sewer Water Source: Municipal Water Fireplace Features: None Flooring: LVT/LVP; Tile Furnished: Furnished Interior Features: Elevator; High Ceilings; Kitchen Island; Pantry; Reversed Floor Plan; Walk-in Shower; Walk-In Closet(s); Wet Bar; Wired for Data Laundry Features: Laundry Room Dining Room Type: Combination Other Structures: Shower HOA and Neigh Amenities: Elevator(s); Shopping Nearby; Short Term Rental Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom Terms: Cash; Conventional; VA Loan

Room Information

Room Name	Length	Width	Level	Remarks
Bedroom 1	15.00	11.00	First	Private Balcony
Bedroom 2	11.00	11.00	First	Doubles as office or game room
Bedroom 3	11.00	17.00	Second	Private Balcony
Bedroom 4	14.00	17.00	Second	Private Balcony
Master Bedroom	13.00	17.00	Second	Private Balcony and nook with chaise
Living Room	17.50	17.00	Third
Kitchen	17.00	11.00	Third
Dining Room	16.00	15.00	Third
Laundry	11.00	5.50	Second

IDX

Listing Office: Coldwell Banker Sea Coast Advantage-CB

Last Updated: October - 21 - 2026

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