JonathanSmith

404 Canal Drive, Unit 1, Carolina Beach, NC 28428

$1,299,000
  • 404 Canal Drive, Unit 1, Carolina Beach, NC 28428 Main Photo

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New to the Market Active
BEDS5 BATHS5 full 1 partial SQUARE FEET3,129 MLS#100611471
STATUSActive PROPERTY TYPEResidential - Townhouse SCHOOLNew Hanover

Property 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 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!

404 Canal Drive, Unit 1 | MLS# 100611471

This townhouse located at 404 Canal Drive, Unit 1, Carolina Beach, NC 28428 is currently listed for sale with an asking price of $1,299,000. This property was built in 2025 and has 5 bedrooms and 5 full and 1 partial baths with 3129 sq. ft. Canal Drive, Unit 1 is located within the New Hanover school district. Search Carolina Beach real estate on jonathansmith.century21thomas.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Heat Pump
Heating: Heat Pump, Electric, Zoned
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 3.0
Year Built: 2025

Amenities

Walk-in Closet(s)
High Ceilings
Kitchen Island
Elevator
Pantry
Reverse Floor Plan
Walk-in Shower
Wet Bar
Walk-In Closet(s)
Wired for Data
Outdoor Shower
DP50 Windows

Feature Descriptions

Accessibility: Accessible Elevator Installed
Appliances: Mini Refrigerator, Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Tankless Water Heater
Association Amenities: Elevator(s), Shopping Nearby, Short Term Rental
Days on Site: 2
Exterior: Fiber Cement, Wood Frame
Flooring: LVT/LVP, Tile
Laundry: Laundry Room
Lot: Second Row, Shopping Nearby
Lot Dimensions: 25 x 125
Parcel#: R08818-015-005-000
Parking: Covered, Concrete, Underhouse
Parking Notes: Covered, Concrete, Underhouse
Patio/Porch: Covered, Deck, Balcony, Rear Porch
Pets Allowed: Yes
Sewer: Municipal Sewer
Special View Info: Marina, Ocean, Sound, Water
Utilities: High Speed Internet
Water: Public
Water Features: Second Row

Room Sizes

Living Room: 17.5 X 17 Level - Third
Bedroom 2: 11 X 11 Level - First
Dining Room: 16 X 15 Level - Third
Kitchen: 17 X 11 Level - Third
Laundry: 11 X 5.5 Level - Second
Bedroom 3: 11 X 17 Level - Second
Bedroom 4: 14 X 17 Level - Second
Primary Bedroom: 13 X 17 Level - Second
Bedroom 1: 15 X 11 Level - First

Local Schools

High School: Ashley
Middle School: Murray
Elementary School: Carolina Beach
School District: New Hanover

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Sea Coast Advantage-CB
Agency Phone: 910-458-4401

Shown By

Agent Name: Jonathan Smith
Agent Phone: (843) 273-3541
Agency Title: CENTURY 21 Thomas

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Estimated Payment

$ 3,269.89 per month $2,891.01 Principal & Interest $0.00 Property Tax (data not provided by mls) $378.88 Homeowner's Insurance

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