511 N Channel Drive, Wrightsville Beach, NC 28480 (MLS# 100500833)

511 N Channel Drive, Wrightsville Beach, NC 28480

$2,600,000
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 2,348 Lot Size (sq. ft.): 6,011 Status: Active
Current Price: $2,600,000 List Date: 4/12/2025 Last Modified: 4/15/2025

Description

Nestled in one of Wrightsville Beach's most coveted residential neighborhoods, this rare oversized lot offers a unique opportunity to own a versatile coastal cottage on Harbor Island. Currently configured as a duplex with two self-sufficient 2BR/2BA units, this home presents strong rental income potential or the opportunity to convert it into a stunning single-family retreat. Spacious covered porches invite you to soak in the ocean breezes and create the perfect indoor-outdoor living experience. Screened French doors open to bright and inviting interiors, where gorgeous hardwood floors flow throughout comfortable living spaces. Thoughtfully positioned second row from Banks Channel, the home offers partial water views to the east and breathtaking marsh and sunset vistas to the west. With ample green space in the side yard, this property provides a peaceful escape while remaining just a short walk from the beach, local shops, and Wrightsville Beach's best dining. Whether you're seeking a great investment or envisioning your dream coastal home, this is a rare opportunity to own a piece of paradise in one of the island's most desirable locations.

More Information MLS# 100500833

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2025-04-11 Sub-Type: Duplex Listing Price: 2600000 Current Price: $2,600,000 List Price/SqFt: 1107.33 Stipulation of Sale: Standard

Location Information

Street #: 511 Pre Direction: N Street Name: Channel Street Suffix: Drive County: New Hanover State/Province: NC Zip Code: 28480 City Limits: Yes Marketing City: Wrightsville Beach Subdivision: Harbor Island Secondary Subdivision: N/A Geo Lat: 34.215245 Geo Lon: -77.796874

Remarks and Showing

Directions to Property: Follow Eastwood Rd over Wrightsville Beach bridge, left o N Channel Drive, house is on left. Sign on Property: Yes

Building Info

New Construction: No

Property ExteriorInterior Info

# Bedrooms: 4 SqFt - Heated (Primary): 2348

Legal and Taxes

Tax Assessed Value: 930600 Deed Book: 6030 Deed Page: 335 Legal: Lts 168/169/170 Dev 2 Shore Acres Broker Owner: No PID: R05720-003-006-000 Tax Identifier: R05720-003-006-000 Tax Year: 2024 Year Built: 1940 Zoning: R-1 Cobra Zone: No Elementary School: Wrightsville Beach Middle School: Noble High School: Hoggard

Current Service Providers

Electric Provider: Progress Energy Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Property Features

Attic: Scuttle Construction: Wood Frame Exterior Features: Shutters - Hurricane Exterior Finish: Wood Siding Fencing: Back Yard; Wood Foundation: Pilings Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: Concrete; Off Street Patio and Porch Features: Balcony; Covered; Deck; Porch Roof: Architectural Shingle Lot Water Features: Water Access Comm Cooling: Central Air Heating: Forced Air Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Available; Water Available Water Source: Municipal Water Sewer: Municipal Sewer Fireplace: 1 Flooring: Tile; Wood Interior Features: Ceiling Fan(s); Walk-in Shower Laundry Location: In Hall; Laundry Closet Dining Room Type: Formal Terms: Cash; Conventional; FHA
Listing Office: Coldwell Banker Sea Coast Advantage
Last Updated: April - 15 - 2025
511 N Channel Drive, Wrightsville Beach, NC 28480- MLS# 100500833
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