$540,000

Sold Oct 23, 2025

2 bd · 2 ba · 1,149 sq ft

109 Teakwood Drive 802

Carolina Beach, NC, 28428 · Otter Creek

Hive MLSListed by Coldwell Banker Sea Coast Advantage

Sale details

Sold price
$540,000
Sold on
Oct 23, 2025
First listed at
$540,000
Sold vs. first asking
100%
Days on market
76

Earlier at this address

DateEventPrice
Feb 19, 2021Sold$282,500 (asked $274,900)
May 2, 2016Sold$184,900 (asked $189,900)

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About this home

Framed by panoramic views of the Sound and Marina, this beautifully renovated condo delivers a front row seat to Carolina Beach's most breathtaking scenery - right from your balcony. Ideally located on the north end of Carolina Beach, it provides easy access to Wilmington, while keeping you just minutes from the ocean adventures, boardwalk, island festivals, restaurants, bike trails, and all the fun of a vibrant beach town. The open-concept living space welcomes you with natural wood coffered ceilings, filling the home with warmth and character. A one-of-a-kind surfboard-inspired bar adds a playful, nautical touch—perfect for entertaining guests or unwinding after a day at the beach. The kitchen is a true standout, fully updated with sleek stainless-steel appliances, open shelving, a distinctive blue vinyl backsplash, and stylish counters that combine function with flair. Whether you're cooking dinner or sipping morning coffee, the kitchen is as practical as it is beautiful. Both bathrooms have been thoughtfully renovated with shiplap accents, giving a clean, beachy aesthetic that flows throughout the home. The primary bathroom offers a modern dual vanity, a glass walk-in shower, and bold black finishes that add a touch of sophistication. The large primary suite offers a spacious retreat with a lighted closet, while the second bedroom also provides ample space for guests, family, or a home office. Each room is designed with modern light fixtures, upgraded remote-controlled ceiling fans, and built-in automatic nightlights for added convenience and ambiance. Sliding glass doors open to a spacious, partially covered balcony—accessible from both the living room and primary bedroom—where you can unwind with calming views of the pool and marina. It's the perfect spot to enjoy your morning coffee or relax in the evening breeze.

Facts

Type
Condominium
Year built
1983
Lot
0.04 acres
Garage
1 space
HOA
$7,699
Community
Otter Creek
County
New Hanover
MLS #
100506009

Features

Inside

  • Ceiling Fan(s)
  • Pantry
  • Walk-in Shower
  • LVT/LVP
  • Electric Oven
  • Built-In Microwave
  • Washer
  • Refrigerator
  • Dryer
  • Disposal
  • Dishwasher

Outside

  • Water Access Comm
  • Marina
  • Sound
  • Water

Community

  • Roof Maintenance
  • Waterfront Community
  • Community Pool
  • Maintenance Common Areas
  • Maintenance Grounds
  • Maintenance Roads
  • Maintenance Structure
  • Management
  • Master Insure
  • Security
  • Sidewalks
  • Street Lights
  • Taxes
  • Termite Bond
  • Trash

Parking

  • Attached
  • Concrete
  • Garage Door Opener
  • On Site

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

Schools

Elementary
Carolina Beach
Middle
Murray
High
Ashley

As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.

About 109 Teakwood Drive 802

109 Teakwood Drive 802 is a 2-bedroom, 2-bath condo of about 1,149 square feet, built in 1983 in Otter Creek, Carolina Beach, New Hanover County, NC 28428.

At $540,000, it's 19% above the median asking price ($455,000) of the 46 other 2-bedroom listings for sale in Carolina Beach today.

That's about $470 per square foot, compared with a Carolina Beach median of $469.

2 other homes are for sale in Otter Creek right now (median asking $242,500); 5 homes sold there in the last 12 months at a median of $3,025, typically in about 52 days.

Across ZIP 28428, 94 2-bedroom homes sold in the past year at a median of $470,000.

Own a home near 109 Teakwood Drive 802? See what it's worth — every online estimate side by side, next to real sales in Otter Creek.

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Questions about 109 Teakwood Drive 802

How much is 109 Teakwood Drive 802?

109 Teakwood Drive 802 is listed at $540,000 (about $470 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 109 Teakwood Drive 802 have?

2 bedrooms and 2 bathrooms, with about 1,149 square feet.

What neighborhood is 109 Teakwood Drive 802 in?

Otter Creek, in Carolina Beach, New Hanover County, North Carolina.

What have homes sold for in Otter Creek?

5 homes sold in Otter Creek in the last 12 months, at a median price of $3,025.

Is 109 Teakwood Drive 802 waterfront?

Yes — the MLS lists it as a waterfront property.

Does 109 Teakwood Drive 802 have an HOA fee?

Yes: $7,699, per the MLS.

When was 109 Teakwood Drive 802 built?

1983.

Who is the listing broker for 109 Teakwood Drive 802?

Coldwell Banker Sea Coast Advantage (MLS #100506009). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Coldwell Banker Sea Coast Advantage via Hive MLS.