$630,000
3 bd · 2 ba · 1,264 sq ft
1202 Canal Drive
Carolina Beach, NC, 28428
Listed 3 days ago
Listed by Coldwell Banker Sea Coast Advantage-CB
Open house
Saturday, Sep 26, 12:00 PM – 3:00 PM
Sunday, Sep 27, 1:00 PM – 3:00 PM
Video tour
About this home
ADORABLE AND AFFORDABLE BEACH COTTAGE! 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 new TRANE HVAC installed in August 2026, new Pella windows in sunroom and laundry, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. There are two additional structures out back that could be rehabbed or torn down to make room for a pool or new ADU, subject to town review and approval. 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!
Facts
- Type
- Single Family Residence
- Year built
- 1940
- Lot
- 0.14 acres
- County
- New Hanover
- MLS #
- 100591199
Features
Inside
- Entrance Foyer
- LVT/LVP
- Built-In Microwave
- Washer
- Refrigerator
- Dryer
- Electric Range
Outside
- Sound Side
- Canal
- ICW
- Marsh
- Ocean
- Sound
- Water
Parking
- Golf Cart Parking
- Gravel
- On Site
Heating & cooling
- Heat Pump
- Electric
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.
Monthly payment estimate
$4,044/mo
- Principal & interest (30-yr fixed)$3,784
- Property taxes (2025 bill)$260
Estimate only. Rate is the national 30-year average (7.03% as of Sep 24, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 500 Lewis Drive, Carolina Beach | Jun 16, 2026 | 2 / 2 | 1,013 | $530,000 | $523 |
| 407 Donzi Court, Carolina Beach | Apr 20, 2026 | 3 / 3 | 1,321 | $415,000 | $314 |
| 408 Risley Road, Carolina Beach | Aug 17, 2026 | 3 / 2 | 1,400 | $420,000 | $300 |
| 1501 Fishermans Way, Carolina Beach | Jun 3, 2026 | 3 / 3 | 1,260 | $474,999 | $377 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Carolina Beach? Local guides
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 1202 Canal Drive
1202 Canal Drive is a 3-bedroom, 2-bath home of about 1,264 square feet, built in 1940, Carolina Beach, New Hanover County, NC 28428.
At $630,000, it's 13% below the median asking price ($725,000) of the 71 other 3-bedroom listings for sale in Carolina Beach today.
That's about $498 per square foot, compared with a Carolina Beach median of $468.
Across ZIP 28428, 151 3-bedroom homes sold in the past year at a median of $669,000.
It has been on the market for 4 days.
Buying 1202 Canal Drive
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 1202 Canal Drive? See what it's worth — every online estimate side by side, next to real sales in Carolina Beach.
What's my home worth? →Questions about 1202 Canal Drive
How much is 1202 Canal Drive?
1202 Canal Drive is listed at $630,000 (about $498 per square foot) as of September 26, 2026. Status: for sale.
How many bedrooms and bathrooms does 1202 Canal Drive have?
3 bedrooms and 2 bathrooms, with about 1,264 square feet.
How long has 1202 Canal Drive been on the market?
4 days.
When was 1202 Canal Drive built?
1940.
Who is the listing broker for 1202 Canal Drive?
Coldwell Banker Sea Coast Advantage-CB (MLS #100591199). The Buddy Blake Team can show it to you and answer questions.
Can I tour 1202 Canal Drive?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.