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$1,250,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 5 Beds
  • 4 Full Baths
  • 2,500 Sq. Ft.
  • 0.07 Acres
  • Updated 6 hours ago

Next open house:

Open House: 12:00 PM - 3:00 PM

Saturday 7/18 12:00 PM - 3:00 PM

506 Canal Drive #2,Carolina Beach, NC 28428

506 Canal Drive #2Carolina BeachNC28428

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Join us at 506 Canal Drive #2 on:

  • Open House: 12:00 PM - 3:00 PM

    Sunday 7/19 12:00 PM - 3:00 PM

    506 Canal Drive #2,Carolina Beach, NC 28428
    506 Canal Drive #2Carolina BeachNC28428
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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!

Full Property Details for 506 Canal Dr #2

General

  • Price: $1,250,000
  • Taxes: (2025)
  • Status: Active
  • Type: Townhouse
  • Source: 2253
  • MLS ID: 100589451
  • Updated: 7/17/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Solid Surface, Whole-Home Generator, Elevator, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades, Smart Thermostat
  • Appliances: Mini Refrigerator, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Electric Range, Generator
  • Furnishings: Negotiable
  • Flooring: LVT/LVP, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: Primary Living Area

Other Rooms

  • Laundry: Laundry Closet

Additional Information

  • Shared Amenities: Flood Insurance, Master Insure, Shopping Nearby
  • Pool: Yes
  • Pool Description: See Remarks, Hot Tub
  • Security/Safety: Security Lights, Security System, Smoke Detector(s)
  • Equipment: Generator

Exterior

  • Exterior Features: Outdoor Shower, Irrigation System, DP50 Windows, Outdoor Grill, End Unit
  • Porch/Patio/Deck: Covered, Deck, Porch, See Remarks, Balcony, Front Porch

Parking

  • Attached garage: Yes
  • Carport Spaces: 4
  • Parking Features: Attached, Covered, Concrete, Lighted, On Site, Paved

Location

  • County: New Hanover
  • Subdivision: Not In Subdivision
  • Driving Directions: From Lake Park Blvd turn on to Carl Winner Boulevard, turn left on Canal Drive. Travel .3 miles; Property is on the right.

School Information

  • High School District: New Hanover
  • Elementary School: Carolina Beach
  • Middle School: Murray
  • High School: Ashley

Community

  • Association: Yes
  • Assoc. Name: 506 Canal Drive Townhomes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Heat Pump, Electric

Utilities

  • Sewer: Municipal Sewer
  • Water: Public
  • Utility Description: Sewer Connected, Water Connected

Structural Information

  • Structure Type: Townhouse, Wood Frame, Stick Built
  • Construction: Fiber Cement, Wood Frame
  • Basement Desc.: None
  • Roof: Membrane, Flat
  • Entry Floor Number: 1
  • Square Feet: 2,500
  • Year Built: 2023

Additional Structures

  • Other Structures: Outdoor Kitchen

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,100
  • Lot Dimensions: None
  • Frontage: City Street, State Road, Paved, Paved
  • Lot Features: Sound Side
  • Zoning: R-1
  • Fencing (Description): Privacy, Back Yard, Wood

Water Features

  • Water Front Desc.: Sound Side

Green Features

  • Building Certification: None

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $500
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $1,326,200
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 506 Canal Drive Towhnomes Lot 14 Block 8 Carolina Beach
  • Property ID: R08819-004-007-000
  • Lot Number: 14

Listed by Coldwell Banker Sea Coast Advantage-CB, Jaci H Ponzoni and Coldwell Banker Sea Coast Advantage-CB, Justin Donaton

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Listing agents

— 506 Canal Dr #2 —

  • Jaci H Ponzoni

    Coldwell Banker Sea Coast Advantage-CB

  • Justin Donaton

    Coldwell Banker Sea Coast Advantage-CB

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 Canal Dr #2

School District:New Hanover County Schools
NameGradesDistance
Carolina Beach Elementary
400 South 4th Street, Carolina Beach, NC 28428
K-50.8 mi
Charles P Murray Middle
655 Halyburton Memorial Parkway, Wilmington, NC 28412
6-84.2 mi
Eugene Ashley High
555 Halyburton Memorial Parkway, Wilmington, NC 28412
9-124.3 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 506 Canal Dr #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2026
Listed
$1,250,000
-1.96%
MLS
2/05/2025
Sold
$1,275,000
—
Public Record
Get Price Alerts and Save Property
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 for 506 Canal Dr #2

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,968
56%
$2,449,800
139%
2024
$7,013
120%
$1,023,800
114%
2023
$3,182
37%
$478,500
43%
2021
$2,315
100%
$335,500
22%
2022
-100%
$275,400
43%
2021
$2,315
55%
$192,100
—
2018
$1,498
-2%
$192,100
—
2017
$1,527
-19%
$192,100
-13%
2016
$1,885
6%
$219,700
—
2015
$1,777
16%
$219,700
14%
2019
$1,537
-11%
$192,100
-13%
2014
$1,733
—
$219,700
—
2013
$1,733
—
$219,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Coldwell Banker Sea Coast Advantage-CB, Jaci H Ponzoni and Coldwell Banker Sea Coast Advantage-CB, Justin Donaton

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506 Canal Drive #2, Carolina Beach, NC 28428 (MLS# 100589451) is a Townhouse property with 5 bedrooms and 4 full bathrooms. 506 Canal Drive #2 is currently listed for $1,250,000 and was received on July 16, 2026. Want to learn more about 506 Canal Drive #2? Do you have questions about finding other Townhouse 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.

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