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$1,565,000
Property Description
Coastal living made easy! This Carolina Beach pre-sale opportunity features a luxury new construction home built by Lewis Coastal Homes, complete with a 28-foot boat slip, all conveniently located on the island. Designed with durability, comfort, and efficiency in mind, the proposed 4-bedroom, 3-bath residence will offer approximately 2,596 square feet of living space. Interior plans include solid wood closet shelving and an upgraded Craftsman trim package with capped headers. Additional features are planned to include gas appliances, a gas range, gas fireplace, and tankless water heater, along with an elevator servicing the ground through third floors. Outdoor living is enhanced by a fourth-story balcony off the cupola, plus an additional golf cart garage. The 28-foot boat slip is just a short ride away and includes its own dedicated parking space and 12 feet of bulkhead. Construction highlights will include 130-mph lifetime architectural shingles, ZIP System wall sheathing for improved moisture protection, hurricane-impact windows and doors, spray-foam insulated walls, and insulated floor systems designed for sound reduction. Buyers will receive allowances to personalize interior finishes, with design services provided by Blue Heron Designs to assist with selections prior to construction. This pre-sale presents a rare opportunity to customize a luxury home on the island while enjoying the best of coastal living.
Full Property Details
Full Property Details for 503 Peninsula Dr
General
- Price: $1,565,000
- HOA FEE: $27/month
- HOA FEE FREQ.: Annually
- Taxes: $1,815 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100552244
- Updated: 5/13/2026
- Added to Site: 102 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Walk-in Closet(s), Tray Ceiling(s), Kitchen Island, Ceiling Fan(s), Elevator, Pantry, Walk-in Shower, Walk-In Closet(s)
- Appliances: Vented Exhaust Fan, Gas Oven, Gas Cooktop, Built-In Microwave, Disposal, Dishwasher, Gas Range
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Non Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Waterfront Community, Boat Slip - Assigned
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: DP50 Windows
- Porch/Patio/Deck: Covered, Deck, Patio, Porch, Balcony
Parking
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Garage Faces Side, Golf Cart Parking, Attached, Paved, Garage6, Golf Cart Garage
Location
- County: New Hanover
- Subdivision: Pleasure Cay
- Driving Directions: From College Road, head south toward Carolina Beach. Cross Snow's Cut Bridge and turn left at the first traffic light (across from Food Lion). Turn right onto Peninsula Drive. The property will be on the right. Boat slip Directions: To access the boat slip, turn right onto Teakwood Drive from Peninsula. Just before entering Otter Creek, turn left.
School Information
- High School District: New Hanover
- Elementary School: Carolina Beach
- Middle School: Murray
- High School: Ashley
Community
- Association: Yes
- Assoc. Name: Pleasure Cay
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: County Sewer
- Water: County Water
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame
- Construction: Fiber Cement
- Roof: Architectural Shingle
- Square Feet: 2,596
- Year Built: 2027
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Lot Dimensions: 72 x 201 x 82 x 162
- Frontage: City Street, State Road
- Lot Features: Bulkhead
- Zoning: R-2
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: Bulkhead
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $602.85
- Association Fee: $320
- Assoc Fee Freq.: Annually
- Assessment Amount: $405,600
- Tax Amount: $1,815.88
- Tax Year: 2025
- Terms: Construction to Perm., Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 54 SEC 2 PLEASURE CAY
- Property ID: R08810-002-034-000
- Lot Number: 54 & 54A
Listed by Salt and Stone Property Group, Jesse A Canady
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Schools
Schools serving 503 Peninsula Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Carolina Beach Elementary 400 South 4th Street, Carolina Beach, NC 28428 | K-5 | 1.4 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 3.3 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 3.4 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 503 Peninsula Dr
Date
Details
Price
Change
Source
1/31/2026
Listed
$1,565,000
1103.85%
MLS
11/09/2009
Sold
$130,000
—
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 503 Peninsula Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,816
26%
$405,600
92%
2024
$1,447
3%
$211,200
—
2023
$1,404
-4%
$211,200
—
2021
$1,457
3%
$211,200
—
2022
$1,415
-3%
$211,200
114%
2021
$1,457
89%
$98,600
—
2018
$769
-2%
$98,600
—
2017
$784
-11%
$98,600
-4%
2016
$880
12%
$102,600
4%
2019
$789
-5%
$98,600
-4%
2015
$830
2%
$102,600
—
2013
$810
—
$102,600
—
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 503 Peninsula Dr
503 Peninsula Drive, Carolina Beach, NC 28428 (MLS# 100552244) is a Single Family property with 4 bedrooms and 3 full bathrooms. 503 Peninsula Drive is currently listed for $1,565,000 and was received on January 31, 2026. Want to learn more about 503 Peninsula Drive? Do you have questions about finding other Single 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.
