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

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

Price $1,299,000
Status Active
Beds 5
Baths 6 Baths
Home size 3,129 sqft
Lot Size 6,099 sqft
Days on Market 1
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!
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 10/20/2026 Tract Not In Subdivision
Year Built 2025 County New Hanover

SCHOOLS

Elementary School Carolina Beach
Jr. High School Murray
High School Ashley

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
BASEMENT None
CONSTRUCTION Fiber Cement, Frame
EXTERIOR Balcony, Outdoor Shower
FIREPLACE Yes
HEAT Electric, Heat Pump, Zoned
HOA DUES Annually
INTERIOR Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar, Wired for Data
LOT 6098 sq ft
LOT DIMENSIONS 25 x 125
PARKING Covered, Concrete
POOL DESCRIPTION None
STORIES 3+
SUBDIVISION Not In Subdivision
VIEW Yes
VIEW DESCRIPTION Marina, Ocean, Sound, Water
WATER Public
WATERFRONT DESCRIPTION See Remarks

Location

Listed with Coldwell Banker Sea Coast Advantage-CB

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