Thinking of selling yours first? See what it's worth →
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.
Payment calculator
Enter the rate a lender quoted you and pick a down payment to see principal and interest for this home. Not sure what to use? See this week's national average at Freddie Mac ↗
Get your actual rate for this home — usually same day
Joey Milam, Alpha Mortgage Advantage · NMLS #117399 · You're free to choose any lender.
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.
Own a home in Carolina Beach?
Get an email when homes here sell, with what they sold for — and see what yours is worth.
Buying in Carolina Beach? Local guides
- Real Stories: Why People Moved to Wilmington, NCReal neighbors who moved to Wilmington, Ogden, Carolina Beach and Hampstead share why they chose the NC coast, what surprised them, and their advice.
- Living in Carolina Beach & Kure Beach, NCLiving on Pleasure Island: Carolina Beach vs. Kure Beach, the Snow's Cut bridge, the Southport ferry, Fort Fisher, height limits, insurance and rentals.
- Moving to Wilmington, NC: A Local's Relocation GuideMoving to Wilmington, NC? A lifelong local covers climate, hurricanes, cost of living, jobs, areas, utilities, DMV and your first 30 days here.
Our take on 500 Canal Drive
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
This four-story single family residence in Carolina Beach has 3,819 square feet, seven bedrooms, and seven bathrooms. An elevator serves the levels. Inside, vaulted ceilings, a kitchen island, a wet bar, and walk-in closets stand out, along with a walk-in shower. The kitchen includes a gas cooktop, a built-in microwave, and a range, plus a refrigerator.
The property sits on a 0.14-acre lot and was built in 2020. It is not part of a subdivision. Its views take in the canal, the Intracoastal Waterway, and open water. Parking includes a two-car garage and covered underhouse spaces. Heating and cooling come from a heat pump with central air, and the property is served by public utilities.
Explore the area
Popular searches in Carolina Beach
- One-story homes in Carolina Beach (17)
- Homes with the primary bedroom on the main floor in Carolina Beach (48)
- Waterfront homes in Carolina Beach (41)
- New homes & new construction in Carolina Beach (25)
- Homes with a recent price cut in Carolina Beach (45)
- Open house homes in Carolina Beach (13)
- Golf community homes in Carolina Beach (18)
- Homes with no HOA in Carolina Beach (64)
- Townhomes in Carolina Beach (39)
- Condos in Carolina Beach (94)
- Land and lots in Carolina Beach (19)
- Luxury homes ($1M+) in Carolina Beach (36)
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 $477 per square foot.
It has been on the market for 55 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.
Buying 500 Canal Drive
- See it in person. Pick a time and we'll call to confirm — often same day.
- See the cost of waiting. What waiting could cost you on this home, and what it could look like 10 years from now, using today's national rate and 20 years of home price history.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 500 Canal Drive? See what it's worth — a home value report built from real sales in Carolina Beach.
What's my home worth? →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 November 4, 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?
55 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.