1202 Canal Drive

Video tour

About this home

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!

Facts

Type

Single Family Residence

Year built

1940

Lot

0.14 acres

County

New Hanover

MLS #

100591199

Features

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 14% below the median asking price ($732,000) of the 72 other 3-bedroom listings for sale in Carolina Beach today.

That's about $498 per square foot, compared with a Carolina Beach median of $469.

Across ZIP 28428, 151 3-bedroom homes sold in the past year at a median of $669,000.

It just came on the market.

Homes for sale in Carolina BeachNew Hanover County homes

Buying 1202 Canal Drive

1. See it in person. Pick a time and we'll call to confirm — often same day. Schedule a tour
2. Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written. Start an offer
3. Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works

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