5 Beds
4 Baths
2,530 SqFt
5 Beds
4 Baths
2,530 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,530 sqft
Price per Sqft $507
Subdivision Not In Subdivision
MLS Listing ID 100572391
Bedrooms 5
Full Baths 4
HOA Y/N Yes
Year Built 2023
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Townhouse
Property Description
A unique design sets this property apart, with the top floor featuring a private 1-bedroom 1 bath unit complete with a full kitchen, living area, laundry, separate entrance and elevator access--ideal for a vacation rental or guest quarters while enjoying the main living areas on the first and second floors. Or rent out the main two levels and keep the top level for yourself.
The 1300 sq. ft. rooftop deck is designed for entertaining and relaxation, complete with a hot tub, grill, bar with TV, sun lounging area, and breathtaking ocean and canal views. Multiple decks throughout the home provide additional outdoor living spaces to take in the coastal breeze. Enjoy ocean and canal views from most decks and elevator access is available on all levels.
Inside, you'll find high-end finishes including Bosch appliances, quartz countertops, and well-appointed details throughout. The open, airy layout blends modern style with beachside comfort.
Additional features include covered parking for up to 4 vehicles, a large outdoor shower,2 large outdoor storage closets, and a private fenced, landscaped backyard--perfect for unwinding after a day at the beach.
This is a rare opportunity to own a versatile, turn-key coastal property offering both luxury and strong rental potential in a prime beachside location. In 2025 the owner used the top floor private unit and rented out the first two levels and brought in approximately $76,000 in rental income by managing it himself.
Location
State NC
County New Hanover
Zoning R-1
Rooms
Basement None
Interior
Interior Features Walk-in Closet(s), Solid Surface, Whole-Home Generator, Generator Plug, Elevator, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Hot Tub, Walk-in Shower, Blinds/Shades, Smart Thermostat, Walk-In Closet(s)
Heating Heat Pump, Electric
Cooling Central Air, Ceiling Fan(s), Heat Pump
Flooring LVT/LVP, Tile
Equipment Generator
Furnishings Negotiable
Fireplace No
Appliance Mini Refrigerator, Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Generator
Laundry Laundry Closet
Exterior
Exterior Feature Outdoor Shower, Irrigation System, Gas Grill, DP50 Windows, Outdoor Grill
Parking Features Attached, Covered, Concrete, Lighted, Off Street, On Site, Paved
Carport Spaces 4
Fence Privacy, Back Yard, Wood
Pool Above Ground, See Remarks
Utilities Available Sewer Connected, Water Connected
Amenities Available None
Waterfront Description Harbor,Sound Side,Third Row
Water Access Desc Public
View Canal, ICW, Marina, Ocean, Sound, Water
Roof Type Membrane,Flat
Accessibility Accessible Elevator Installed
Porch Covered, Deck, Porch, See Remarks, Balcony, Front Porch, Rear Porch
Building
Lot Description Harbor, Sound Side, Third Row
Dwelling Type Townhouse,Duplex,Wood Frame,Stick Built
Story 3
Entry Level Three Or More
Foundation Other, Pilings
Water Public
Level or Stories Three Or More
Additional Building Outdoor Kitchen
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
School District New Hanover
Others
HOA Name 506 Canal Drive Townhomes
Tax ID R08819-004-007-000
Security Features Security Lights,Security System,Smoke Detector(s),Cameras Included
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Allowed Yes
Virtual Tour https://my.matterport.com/show/?m=HjfaAmDNCfp&mls=1
Nearby Locations
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