$2,300,000
7 bd · 7 ba · 3,819 sq ft
500 Canal Drive
Carolina Beach, NC, 28428
Listed 12 days ago
Listed by REAL Broker LLC
About this home
Just a short distance from the beach and directly across from the canal, this 8-bedroom, 4-story home offers a layout designed for large groups and flexible rental use. Built in 2020, the home features an elevator, seven decks, and ocean and canal views. The ground level provides easy access to the home and elevator, while the first floor includes three bedrooms and its own coffee and gathering area. The second floor offers four additional bedrooms, including a dedicated bunk room. The top floor features an open living, dining, and kitchen area with views of both the ocean and canal. With multiple living and gathering spaces, the home offers plenty of room for guests to spread out. Outdoor features include seven decks, two outdoor showers, a 30x50 backyard, and parking for up to 12 vehicles. The two-car garage is configured with space for a golf cart on one side and two cars parked front-to-back in the other bay. The home was raised four feet above grade on an 8x8 pile foundation, with the elevation incorporated into the original construction. Currently operating as a short-term rental, the home accommodates up to 17 guests and has established five-star reviews with reservations extending into 2027. Located within walking distance of downtown Carolina Beach and just a short distance from the beach, the home is being sold fully furnished and ready to continue as a rental or enjoy as a beach home.
Facts
- Type
- Single Family Residence
- Year built
- 2020
- Lot
- 0.14 acres
- Garage
- 2 spaces
- County
- New Hanover
- MLS #
- 100602479
Features
Inside
- Walk-in Closet(s)
- Vaulted Ceiling(s)
- Kitchen Island
- Ceiling Fan(s)
- Elevator
- Walk-in Shower
- Wet Bar
- Walk-In Closet(s)
- Gas Cooktop
- Built-In Microwave
- Refrigerator
- Range
Outside
- Canal
- ICW
- Water
Parking
- Covered
- Garage
- Underhouse
Heating & cooling
- Heat Pump
- Electric
- 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.
Monthly payment estimate
$14,226/mo
- Principal & interest (30-yr fixed)$13,702
- Property taxes (2025 bill)$523
Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 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 |
|---|---|---|---|---|---|
| 707 Canal Drive, Carolina Beach | May 29, 2026 | 5 / 4 | 3,743 | $3,300,000 | $882 |
| 711 Carolina Beach Avenue N, Carolina Beach | Apr 10, 2026 | 4 / 4 | 3,344 | $1,533,000 | $458 |
| 208 Oak Outlook Way N, Carolina Beach | Apr 9, 2026 | 4 / 5 | 4,330 | $1,550,000 | $358 |
| 607 Harper Avenue, Carolina Beach | Jul 28, 2026 | 5 / 5 | 3,558 | $1,800,000 | $506 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Carolina Beach? Local guides
- 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 500 Canal Drive
500 Canal Drive is a 7-bedroom, 7-bath home of about 3,819 square feet, built in 2020, Carolina Beach, New Hanover County, NC 28428.
That's about $602 per square foot, compared with a Carolina Beach median of $469.
Across ZIP 28428, 1 7-bedroom home sold in the past year at a median of $2,020,000.
It has been on the market for 13 days.
Buying 500 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 500 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 500 Canal Drive
How much is 500 Canal Drive?
500 Canal Drive is listed at $2,300,000 (about $602 per square foot) as of September 23, 2026. Status: for sale.
How many bedrooms and bathrooms does 500 Canal Drive have?
7 bedrooms and 7 bathrooms, with about 3,819 square feet.
How long has 500 Canal Drive been on the market?
13 days.
When was 500 Canal Drive built?
2020.
Who is the listing broker for 500 Canal Drive?
REAL Broker LLC (MLS #100602479). The Buddy Blake Team can show it to you and answer questions.
Can I tour 500 Canal Drive?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.