LKV Realty
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$1,240,000
$6,000Reward *
506 Canal Drive Unit 2, Carolina Beach, NC 28428Listing ID 100589451

506 Canal Drive Unit 2, Carolina Beach, NC 28428

Active
Not In Subdivision
Time on site: 32 daysLast updated: 3 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Townhouse
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,500
Acres
Acres
0.07
Days on Site
Days on Site
32
Cooling
Cooling
Central Air, Heat Pump
Heating
Heating
Heat Pump, Electric
Year Built
Year Built
2023
Parking
Parking
Attached, Covered, Concrete, Lighted, On Site, Paved

Whether you're searching for the ultimate investment opportunity or a family beach retreat, this 5 bedroom, 4 bath home delivers! Featuring sweeping harbor and ocean views, an expansive rooftop deck, elevator and a private top floor apartment, this modern fully furnished townhome is located just steps away from the beach and easily walkable to the Carolina Beach boardwalk, marina, restaurants, entertainment and shopping. The home is beautifully appointed with Bosch kitchen appliances, quartz counters, oversized Samsung TVs and a 1,300 square foot party-ready rooftop deck with grill, bar and hot tub. The versatile floor plan includes two primary suites plus three additional bedrooms, two equipped with queen bunk beds to maximize sleeping capacity. A private top-floor suite functions as a self-contained apartment with its own kitchen, full bath, and washer/dryer--the perfect set up for owners who want to enjoy personal space while hosting family, friends or vacation guests. Practical features include DP50 wind rated windows, irrigation system, whole house generator and low maintenance LVP and tile floors. Ground level you'll find parking for 4 cars, an outdoor shower and a fenced, pet-friendly back yard. There's always a breeze for enjoying sunrises, sunsets and sunbathing from one of six personal porches or that amazing rooftop deck. You'll also enjoy watching the island's fireworks and find yourself endlessly entertained by dolphins, paddle boarders and the harbor's bustling boating scene. Although not currently on a rental program, the property generated approximately $76,000 in rental income in 2025 while the owner reserved the top-floor apartment for personal use. Late-season 2026 rental projections are available upon request. This is a rare opportunity to own a luxury beach home with exceptional flexibility, premium amenities, spectacular views, and outstanding income potential in one of Carolina Beach's most desirable locations. Call today to book your showing before this unique home is gone!

Property Information

Property Details

Location

Address
506 Canal Drive
County
New Hanover
City
Carolina Beach
Zip Code
28428
Subdivision
Not In Subdivision
School District
New Hanover
High School
Ashley
Elementary School
Carolina Beach

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
4

Building

Building Information

Square Feet
2,500
Year Built
2023
Construction
Fiber Cement, Wood Frame
Foundation
Other, Pilings
Roof
Membrane, Flat

Financial

Special Conditions
Standard

Property Taxes

Tax Year
2025

Homeowner Association

HOA Fee Frequency
Annually
Jaci H PonzoniColdwell Banker Sea Coast Advantage-CB

Market Report for 28428

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Hive MLS
Hive MLS logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. All information herein has not been verified and is not guaranteed. ©2026 Hive MLS LLC.

For corrections to this data please contact Brytecore MLS Support.

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