$1,240,000
5 bd · 4 ba · 2,500 sq ft
506 Canal Drive 2
Carolina Beach, NC, 28428
Listed by Coldwell Banker Sea Coast Advantage-CB
3D tour
About this home
Whether you're searching for the ultimate investment opportunity or a family beach retreat, this 5 bedroom, 4 bath home delivers! Featuring sweeping harbor and ocean views, an expansive rooftop deck, elevator and a private top floor apartment, this modern fully furnished townhome is located just steps away from the beach and easily walkable to the Carolina Beach boardwalk, marina, restaurants, entertainment and shopping. The home is beautifully appointed with Bosch kitchen appliances, quartz counters, oversized Samsung TVs and a 1,300 square foot party-ready rooftop deck with grill, bar and hot tub. The versatile floor plan includes two primary suites plus three additional bedrooms, two equipped with queen bunk beds to maximize sleeping capacity. A private top-floor suite functions as a self-contained apartment with its own kitchen, full bath, and washer/dryer--the perfect set up for owners who want to enjoy personal space while hosting family, friends or vacation guests. Practical features include DP50 wind rated windows, irrigation system, whole house generator and low maintenance LVP and tile floors. Ground level you'll find parking for 4 cars, an outdoor shower and a fenced, pet-friendly back yard. There's always a breeze for enjoying sunrises, sunsets and sunbathing from one of six personal porches or that amazing rooftop deck. You'll also enjoy watching the island's fireworks and find yourself endlessly entertained by dolphins, paddle boarders and the harbor's bustling boating scene. Although not currently on a rental program, the property generated approximately $76,000 in rental income in 2025 while the owner reserved the top-floor apartment for personal use. Late-season 2026 rental projections are available upon request. This is a rare opportunity to own a luxury beach home with exceptional flexibility, premium amenities, spectacular views, and outstanding income potential in one of Carolina Beach's most desirable locations. Call today to book your showing before this unique home is gone!
Facts
- Type
- Townhouse
- Year built
- 2023
- Lot
- 0.07 acres
- County
- New Hanover
- MLS #
- 100589451
Features
Inside
- Solid Surface
- Whole-Home Generator
- Elevator
- 2nd Kitchen
- Apt/Suite
- Ceiling Fan(s)
- Furnished
- Walk-in Shower
- Blinds/Shades
- Smart Thermostat
- LVT/LVP
- Tile
- Mini Refrigerator
- Built-In Microwave
- Washer
- Refrigerator
Outside
- Outdoor Shower
- Irrigation System
- DP50 Windows
- Outdoor Grill
- End Unit
- Sound Side
- Canal
- ICW
- Marina
- Ocean
- Sound
- Water
Community
- Flood Insurance
- Master Insure
- Shopping Nearby
Parking
- Attached
- Covered
- Concrete
- Lighted
- On Site
- Paved
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
$7,387/mo
- Principal & interest (30-yr fixed)$7,387
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 |
|---|---|---|---|---|---|
| 304 Birmingham Avenue Unit 1, Carolina Beach | Jul 7, 2026 | 4 / 3 | 2,473 | $880,000 | $356 |
| 103 Hiram Street Unit 1, Carolina Beach | Aug 17, 2026 | 3 / 4 | 1,901 | $480,000 | $252 |
| 1528 Island Marina Drive, Carolina Beach | Jun 8, 2026 | 3 / 4 | 2,533 | $875,000 | $345 |
| 112 Green Turtle Lane, Carolina Beach | Jul 28, 2026 | 3 / 4 | 2,535 | $875,000 | $345 |
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 506 Canal Drive 2
506 Canal Drive 2 is a 5-bedroom, 4-bath townhome of about 2,500 square feet, built in 2023, Carolina Beach, New Hanover County, NC 28428.
At $1,240,000, it's 31% above the median asking price ($944,900) of the 11 other 5-bedroom listings for sale in Carolina Beach today.
That's about $496 per square foot, compared with a Carolina Beach median of $469.
Across ZIP 28428, 24 5-bedroom homes sold in the past year at a median of $1,420,000.
Buying 506 Canal Drive 2
- 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 506 Canal Drive 2? 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 506 Canal Drive 2
How much is 506 Canal Drive 2?
506 Canal Drive 2 is listed at $1,240,000 (about $496 per square foot) as of September 23, 2026. Status: active under contract.
How many bedrooms and bathrooms does 506 Canal Drive 2 have?
5 bedrooms and 4 bathrooms, with about 2,500 square feet.
When was 506 Canal Drive 2 built?
2023.
Who is the listing broker for 506 Canal Drive 2?
Coldwell Banker Sea Coast Advantage-CB (MLS #100589451). The Buddy Blake Team can show it to you and answer questions.
Can I tour 506 Canal Drive 2?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.