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$835,000
Property Description
A unique opportunity:...build up to 3 units... Not many double lots this close to the ocean are left...especially in this sought-after neighborhood near Tiki Bar & Sea Grove. Potential for AMAZING VIEWS, steps to the sand, a rare corner lot, and located on a quiet street... This one is truly unique....Not many double lots like this remain, especially on a corner. The sellers are ready to work with a serious buyer. Many possibilities exist here:(1) Build 2 single-family homes. (2) Build an OVERSIZED, LUXURY BEACH HOME with a large RESORT-STYLE POOL and a bigger backyard. (3) Build 3 units: 2 townhomes & 1 single-family home. (4) Build 3 tiny homes via a PUD. (5) Build an oversized 2-unit building, with each unit having its own entrance on a different street. Each unit could be close to 40 ft wide. The oversized parcel on the corner gives you lots of options, as you reorient these lots to meet you desires.,,, if you want to see a 3 unit project on the same size lot, ride by the corner of Alabama & Swordfish. Look at 1622 Swordfish. There is also a Luxury Single family on the opposite corner of Alabama & Swordfish. Call if you have any questions about these options. Details: A huge double lot just steps to the ocean. Nice ocean views are possible from upper porches, with lots of privacy, a corner lot, and plenty of room for a large pool! One of the best locations in Carolina Beach. This listing includes both 307 & 309 Tennessee Ave. Enjoy ocean views down Tennessee Ave. Just a 3-minute walk to Tiki Bar and relaxing beach access. Great surf break out front and the multi-use Sea Trail at the end of the street. The CORNER LOT allows for muitple units, side-load garages, provides more natural light, and offers better views. Note: 207 Tennessee Avenue | Just a Single Lot, sold for $505,000. Tennessee Ave is one of the more sought-after areas in CB, with the ocean on one end and Sea Grove on the other. This is one of CB's nicer neighborhoods, filled with newer beach homes. The property feels bigger and more private due to increased green space in the front yard compared to neighboring streets. To get a sense of this, compare homes on Bowfin to homes on Tennessee Ave--you'll notice how much more private they feel since they sit farther back from the road. They also offer more parking and better ocean views. Build your OVERSIZED DREAM HOME here or build 2 homes. or up to 3 units. This is a rare, oversized parcel very close to the ocean. Call for more details, or if you have questions. The sellers are ready to work with a serious buyer.
Full Property Details
Full Property Details for 309 Tennessee Ave
General
- Price: $835,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: 2253
- MLS ID: 100567012
- Updated: 5/13/2026
- Added to Site: 32 day(s) ago
Additional Information
- Shared Amenities: None
Location
- County: New Hanover
- Subdivision: Wilmington Beach
- Driving Directions: S.Lake Park Blvd to Tennessee Ave
School Information
- Elementary School: Carolina Beach
- High School: Ashley
Community
- Association: Yes
Utilities
- Sewer: Municipal Sewer, City/Town
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,500
- Lot Dimensions: 75 x 100
- Frontage: Paved, Paved
- Topography: Cleared/Partial
- Lot Features: Water Access Comm
- Zoning: R-1
Water Features
- Water Front Desc.: Water Access Comm
Financial Considerations
- For Sale: Yes
- Price Per Acre: $4,911,764.71
- Assessment Amount: $460,600
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: R09014-009-001-000 & R09014-009-022-000 Blk 23 Lot 13 & Blk 23 Pt Lot 12 Wilm Bch,
- Property ID: R09014-009-001-0001
Listed by Homes For Sale in Wilmington, Mike Lardieri
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Schools
Schools serving 309 Tennessee Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Carolina Beach Elementary 400 South 4th Street, Carolina Beach, NC 28428 | K-5 | 0.6 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 5.3 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 309 Tennessee Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$835,000
138.57%
MLS
4/28/2005
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 309 Tennessee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,798
56%
$401,500
138%
2024
$1,156
3%
$168,800
—
2023
$1,123
-4%
$168,800
—
2021
$1,165
3%
$168,800
—
2022
$1,131
-3%
$168,800
94%
2021
$1,165
72%
$87,100
—
2018
$679
-2%
$87,100
—
2017
$692
3%
$87,100
12%
2016
$669
-4%
$78,000
-10%
2019
$697
10%
$87,100
12%
2015
$631
3%
$78,000
—
2013
$615
—
$78,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 309 Tennessee Ave
309 Tennessee Avenue, Carolina Beach, NC 28428 (MLS# 100567012) is a Multi-Family property with a lot size of 0.17 acres. 309 Tennessee Avenue is currently listed for $835,000 and was received on April 14, 2026. Want to learn more about 309 Tennessee Avenue? Do you have questions about finding other Multi-Family real estate for sale in Carolina Beach? You can browse all Carolina Beach real estate or contact a Coldwell Banker agent to request more information.
