1202 Canal Drive

Carolina Beach, NC 28428

About this property

2026 HVAC + GREAT LOCATION + AFFORDABLE PRICE = EXCELLENT OPPORTUNITY! From ocean sunrises on the back deck to harbor sunsets on the front porch, this charming 3-bedroom, 2-bath furnished beach cottage captures everything you love about island living. Ideally located just one block from the ocean and public beach access, you'll enjoy an easy bike or golf cart ride to the Carolina Beach Pier, Freeman Park, the marina, boardwalk, restaurants, and entertainment. Inside, classic beach cottage character blends seamlessly with thoughtful updates. Charming details including beadboard chair rail, a vaulted wood ceiling in the living room and kitchen, and a retro painted tin ceiling in the primary bedroom create warmth and personality. The spacious kitchen offers ample cabinet space, an island with bar seating, and opens to a large living room on one side and a cozy dining area on the other. There's even a dedicated ''work from anywhere'' nook. In 2024, the home was elevated through a FEMA grant using a resilient helical piling system encased in concrete block. Since then, the owners have made numerous improvements, including a newTRANE HVAC system installed in August 2026, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. Out back, two detached structures offer flexibility for multiple uses. A two-story, approximately 700-square-foot building was previously used as an apartment and could be restored for additional living space, a guest suite, studio, or rental opportunity. Alternatively, the structure could be removed to make way for a new ADU, subject to town review and approval. A separate approximately 250-square-foot workshop provides storage for surfboards, fishing and boating gear, bicycles, and all your beach essentials. There's also room for a pool if one or both structures are removed. This home located in a popular area of the island for vacation rentals (projections available on request). Whether you're searching for a full-time residence, a weekend getaway, or an income-producing beach investment, this classic Carolina Beach cottage offers an unbeatable location, significant recent improvements, and outstanding versatility. Competitively priced and sold furnished, this is an outstanding opportunity to own a beach home just steps from the ocean. Schedule your showing today before it's gone!

About this property

2026 HVAC + GREAT LOCATION + AFFORDABLE PRICE = EXCELLENT OPPORTUNITY! From ocean sunrises on the back deck to harbor sunsets on the front porch, this charming 3-bedroom, 2-bath furnished beach cottage captures everything you love about island living. Ideally located just one block from the ocean and public beach access, you'll enjoy an easy bike or golf cart ride to the Carolina Beach Pier, Freeman Park, the marina, boardwalk, restaurants, and entertainment. Inside, classic beach cottage character blends seamlessly with thoughtful updates. Charming details including beadboard chair rail, a vaulted wood ceiling in the living room and kitchen, and a retro painted tin ceiling in the primary bedroom create warmth and personality. The spacious kitchen offers ample cabinet space, an island with bar seating, and opens to a large living room on one side and a cozy dining area on the other. There's even a dedicated ''work from anywhere'' nook. In 2024, the home was elevated through a FEMA grant using a resilient helical piling system encased in concrete block. Since then, the owners have made numerous improvements, including a newTRANE HVAC system installed in August 2026, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. Out back, two detached structures offer flexibility for multiple uses. A two-story, approximately 700-square-foot building was previously used as an apartment and could be restored for additional living space, a guest suite, studio, or rental opportunity. Alternatively, the structure could be removed to make way for a new ADU, subject to town review and approval. A separate approximately 250-square-foot workshop provides storage for surfboards, fishing and boating gear, bicycles, and all your beach essentials. There's also room for a pool if one or both structures are removed. This home located in a popular area of the island for vacation rentals (projections available on request). Whether you're searching for a full-time residence, a weekend getaway, or an income-producing beach investment, this classic Carolina Beach cottage offers an unbeatable location, significant recent improvements, and outstanding versatility. Competitively priced and sold furnished, this is an outstanding opportunity to own a beach home just steps from the ocean. Schedule your showing today before it's gone!

Features and Additional Information

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$630,000 Active
3 Bed(s)
2
Baths
1,264 sqft

Presented By Coldwell Banker Summit

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Get in touch today! Phone: 1-828-596-8508
Brokerage
Coldwell Banker Sea Coast Advantage-CB
1-910-458-4401
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Area Information

| New Hanover County |

$ 630,000
This listing is play_arrow 5.3% lower than the average in the area
$ 665,000 in the area
1,264 SqFt
This listing is play_arrow 18.0% smaller than the average in the area
1,541 SqFt in the area
$ 498 $/SqFt
This listing is play_arrow 15.5% more than the average in the area
$ 432 $/SqFt in the area
43 days on site
This listing is play_arrow 66.1% below the average in the area
127 days on site in the area

Schools in the Area

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    Elementary School
    Carolina Beach
  • turned_in
    Middle School
    Murray
  • turned_in
    High School
    Ashley

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Listed By Jaci H Ponzoni
Brokerage: Coldwell Banker Sea Coast Advantage-CB

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