506 Canal Drive 2, Carolina Beach, NC 28428

New Listing

$1,250,000

Virtual Tour

https://www.zillow.com/view-imx/e054b47c-cd6d-41ca-a3e9-4b8cf2d77b78?initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,500 Lot Size (sq. ft.): 3,100 Status: Active

Current Price: $1,250,000 List Date: 7/16/2026 Last Modified: 7/17/2026

Overview

Description

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 fea ... (Read more) 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!

Open Houses

Tomorrow, 12:00 pm - 3:00 pm
Sunday, July 19, 12:00 pm - 3:00 pm

Listing Details MLS# 100589451

Contract Info

Sub-Type: Townhouse
Construction Type: Stick Built
Delayed Marketing?: No
Marketing Start Date: 2026-07-16
Listing Price: 1250000
List Price/SqFt: 500
Stipulation of Sale: Standard

Location Information

Street #: 506
Street Name: Canal
Street Suffix: Drive
Unit #: 2
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: From Lake Park Blvd turn on to Carl Winner Boulevard, turn left on Canal Drive. Travel .3 miles; Property is on the right.
Sign on Property: Yes

Property Exterior Info

New Construction: No
Lot Acres: 0.07
Lot SqFt: 3100
Lot Dimensions: None
Deed Restrictions: No
Waterfront: No
Waterview: Yes
Horses Y/N: No
Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 2500
Total SqFt - Heated (Primary + Separate): 2500
# Rooms: 9
# Baths - Full: 4
# Baths - Total: 4
# Bedrooms: 5
Master Bedroom Level: Primary Living Area
Stories Total: 3
Fireplace Y/N: No
# Baths - Half: 0

Legal Taxes

Year Built: 2023

More Information

Fuel Tank

Above or Below Ground: Below Ground
Fuel Type: Propane
In Use: Yes
Owned or Leased: Owned
Fuel Tank: Yes

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Duke Progress Energy
Fuel Vendor Provider: TBD

Separate Living Spcs

Addl w/Kitchen Desc: top floor sep unit
Addl w/Sep Ent Desc: top floor sep unit

HOA

Association Name: 506 Canal Drive Townhomes
Association Phone: 0000000
Association Fee 1/Year: 0

Pets Allowed

Pets Allowed: Yes

Rooms

Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: Second
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Bedroom 1: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Legal & Taxes

Tax Assessed Value: 1326200
Deed Book: 6750
Deed Page: 2
Legal: 506 Canal Drive Towhnomes Lot 14 Block 8 Carolina Beach
Broker Owner: No
PID: R08819-004-007-000
Tax Identifier: R08819-004-007-000
Plat Book: N/A
Plat Page: N/A
Lot #: 14
Special Assessments: None
Tax Year: 2025
Zoning: R-1
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Carolina Beach
Middle School: Murray
High School: Ashley

Garage & Parking

Total Parking Spaces: 4
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Underhouse Spaces: 4
Attached Carport Spaces: 4
Total Carport Spaces: 4

Parking Features

Attached: Yes
Concrete: Yes
Covered: Yes
Lighted: Yes
On Site: Yes
Paved: Yes

HOA and Neigh Amenities

Flood Insurance: Yes
Master Insure: Yes
Shopping Nearby: Yes

Attic

None: Yes

Basement

None: Yes

Frontage Type

See Remarks: Yes

Handicap Accessible

Elevator: Yes

View Type

Canal: Yes
ICW View: Yes
Marina: Yes
Ocean: Yes
Sound View: Yes
Water: Yes

Construction

Wood Frame: Yes

Structure Type

Townhouse: Yes

Unit Type

4 Bedroom Or More: Yes

Architectural Style

Modern: Yes

Lot Water Features

Sound Side: Yes

Exterior Features

DP50 Windows: Yes
Irrigation System: Yes
Outdoor Grill: Yes
Outdoor Shower: Yes
End Unit: Yes

Exterior Finish

Fiber Cement: Yes

Terms

Cash: Yes
Conventional: Yes

Fencing

Back Yard: Yes
Wood: Yes
Privacy: Yes

Foundation

Pilings: Yes

Flooring

LVT/LVP: Yes
Tile: Yes

Patio and Porch Features

Balcony: Yes
Covered: Yes
Deck: Yes
Front Porch: Yes
Porch: Yes
Rear Porch: Yes
See Remarks: Yes

Security Features

Security Lights: Yes
Security System: Yes
Smoke Detector(s): Yes

Green Bldg Certify

None: Yes

Pool Features

Hot Tub: Yes
See Remarks: Yes

Roof

Flat: Yes
Membrane: Yes

Levels

3 Story or More: Yes

Road Type/Frontage

Paved: Yes
Public (City/Cty/St): Yes

Trash Collection

City Pick-UP: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Other Structures

Outdoor Kitchen: Yes

Heated SqFt

2400 - 2599: Yes

Heating

Heat Pump: Yes

Heating System Fuel Source

Electric: Yes

Water Heater

Electric: Yes

Utilities

Sewer Connected: Yes
Water Connected: Yes

Sewer

Municipal Sewer: Yes

Water Source

Municipal Water: Yes

Appliances/Equip

Built-In Microwave: Yes
Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Generator: Yes
Mini Refrigerator: Yes
Refrigerator: Yes
Washer: Yes

Furnished

Furnished: Yes
Negotiable: Yes

Interior Features

2nd Kitchen: Yes
Apt/Suite: Yes
Blinds/Shades: Yes
Ceiling Fan(s): Yes
Elevator: Yes
Furnished: Yes
Smart Thermostat: Yes
Solid Surface: Yes
Walk-in Shower: Yes
Whole-Home Generator: Yes

Laundry Features

Laundry Closet: Yes

Dining Room Type

Combination: Yes

Home Warr/Termite

Home Warranty/Seller: Yes
Home Warranty Company: 2-10
Home Warranty Amount: 700

Property Features

Frontage Type: See Remarks Handicap Accessible: Elevator View Type: Canal; ICW View; Marina; Ocean; Sound View; Water Attic: None Basement: None Construction: Wood Frame Structure Type: Townhouse Unit Type: 4 Bedroom Or More Architectural Style: Modern Exterior Features: DP50 Windows; Irrigation System; Outdoor Grill; Outdoor Shower; End Unit Exterior Finish: Fiber Cement Fencing: Back Yard; Wood; Privacy Foundation: Pilings Fuel Tank: Fuel Tank Green Bldg Certify: None Parking Features: Attached; Concrete; Covered; Lighted; On Site; Paved Patio and Porch Features: Balcony; Covered; Deck; Front Porch; Porch; Rear Porch; See Remarks Pool Features: Hot Tub; See Remarks Roof: Flat; Membrane Levels: 3 Story or More Trash Collection: City Pick-UP Lot Water Features: Sound Side Cooling: Central Air; Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Municipal Water Flooring: LVT/LVP; Tile Furnished: Furnished; Negotiable Interior Features: 2nd Kitchen; Apt/Suite; Blinds/Shades; Ceiling Fan(s); Elevator; Furnished; Smart Thermostat; Solid Surface; Walk-in Shower; Whole-Home Generator Security Features: Security Lights; Security System; Smoke Detector(s) Laundry Features: Laundry Closet Heated SqFt: 2400 - 2599 Dining Room Type: Combination Other Structures: Outdoor Kitchen HOA and Neigh Amenities: Flood Insurance; Master Insure; Shopping Nearby Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Kitchen; Living Room; Master Bedroom Terms: Cash; Conventional

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	10.00	16.00	First
Kitchen	9.00	10.00	First
Bedroom 1	10.00	14.00	First
Bedroom 2	10.00	14.00	First
Bedroom 3	15.00	12.00	Second
Master Bedroom	17.00	13.00	Second
Master Bedroom	15.00	12.00	Third	Second Primary BDR in top floor suite
Kitchen	12.50	11.00	Third	Second Kitchen in Top Floor Suite
Living Room	14.00	16.00	Third	Second Living Room in Top Floor Suite

IDX

Listing Office: Coldwell Banker Sea Coast Advantage-CB

Last Updated: July - 17 - 2026

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506 Canal Drive 2, Carolina Beach, NC 28428 (MLS# 100589451)

506 Canal Drive 2, Carolina Beach, NC 28428 (MLS# 100589451)