500 Canal Drive, Carolina Beach, NC 28428

About this home

Just a short distance from the beach and directly across from the canal, this 8-bedroom, 4-story home offers a layout designed for large groups and flexible rental use. Built in 2020, the home features an elevator, seven decks, and ocean and canal views. The ground level provides easy access to the home and elevator, while the first floor includes three bedrooms and its own coffee and gathering area. The second floor offers four additional bedrooms, including a dedicated bunk room. The top floor features an open living, dining, and kitchen area with views of both the ocean and canal. With multiple living and gathering spaces, the home offers plenty of room for guests to spread out. Outdoor features include seven decks, two outdoor showers, a 30x50 backyard, and parking for up to 12 vehicles. The two-car garage is configured with space for a golf cart on one side and two cars parked front-to-back in the other bay. The home was raised four feet above grade on an 8x8 pile foundation, with the elevation incorporated into the original construction. Currently operating as a short-term rental, the home accommodates up to 17 guests and has established five-star reviews with reservations extending into 2027. Located within walking distance of downtown Carolina Beach and just a short distance from the beach, the home is being sold fully furnished and ready to continue as a rental or enjoy as a beach home.

Facts

Type: Single Family Residence
Year built: 2020
Lot: 0.14 acres
Garage: 2 spaces
County: New Hanover
Price per sq ft: $550
Stories: 4
Construction: Vinyl Siding, Wood Frame
Roof: Architectural Shingle
Foundation: Other, Pilings
Water: Public
Property tax: $6,282 / year (2025)
Listed: Sep 10, 2026
MLS #: 100602479

Features

Inside

Walk-in Closet(s)
Vaulted Ceiling(s)
Kitchen Island
Ceiling Fan(s)
Elevator
Walk-in Shower
Wet Bar
Walk-In Closet(s)
Gas Cooktop
Built-In Microwave
Refrigerator
Range

Outside

Canal
ICW
Water

Parking

Covered
Garage
Underhouse

Heating & cooling

Heat Pump
Electric
Central Air

Directions to 500 Canal Drive

Take Snows Cut Bridge into Carolina Beach. Stay straight on S Lake Park Blvd. Turn left on Carl Winner Drive. Turn left onto Canal Drive.

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.

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Recent sales like this nearby

Home	Sold	Bd / Ba	Sq ft	Price	$ / sq ft
707 Canal Drive, Carolina Beach	May 29, 2026	5 / 4	3,743	$3,300,000	$882
607 Harper Avenue, Carolina Beach	Jul 28, 2026	5 / 5	3,558	$1,800,000	$506
706 Tarboro Avenue, Carolina Beach	Oct 16, 2026	4 / 4	3,017	$1,250,000	$414
604 S 3rd Street, Carolina Beach	Jul 15, 2026	5 / 3	3,000	$1,250,000	$417

Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.

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About 500 Canal Drive

500 Canal Drive is a 7-bedroom, 7-bath home of about 3,819 square feet, built in 2020, Carolina Beach, New Hanover County, NC 28428.

That's about $550 per square foot, compared with a Carolina Beach median asking price of $475 per square foot.

It has been on the market for 45 days.

Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.

Homes for sale in Carolina Beach New Hanover County homes

Buying 500 Canal Drive

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Questions about 500 Canal Drive

How much is 500 Canal Drive?

500 Canal Drive is listed at $2,099,990 (about $550 per square foot) as of October 25, 2026. Status: for sale.

How many bedrooms and bathrooms does 500 Canal Drive have?

7 bedrooms and 7 bathrooms, with about 3,819 square feet.

How long has 500 Canal Drive been on the market?

45 days.

When was 500 Canal Drive built?

2020.

Who is the listing broker for 500 Canal Drive?

REAL Broker LLC (MLS #100602479). The Buddy Blake Team can show it to you and answer questions.

Can I tour 500 Canal Drive?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

500 Canal Drive Carolina Beach, NC 28428