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About this home
NOW MORE AFFORDABLE: WATERFRONT HOME WITH 2 BOATSLIPS! Beautifully appointed and ideally situated just one block from the ocean, this extraordinary 4 bedroom home offers a relaxed coastal lifestyle with direct access to the water. Enjoy stunning harbor views, expansive outdoor living, an elevator and two private boat slips, all just minutes from the Carolina Beach Marina, Boardwalk, restaurants and entertainment. Inside, soft coastal hues, tasteful furnishings and refined finishes create a soothing and sophisticated atmosphere. The updated kitchen features quartz countertops, natural wood cabinetry, a gas range, and an island with bar seating that adjoins an informal dining room. The spacious living room showcases vaulted ceilings and walls of windows that fill the home with natural light while framing breathtaking sky and water views, and opening to a 35 foot covered waterfront porch. Four generous-sized bedrooms include two luxurious primary suites. The top-floor suite is a private retreat with a clawfoot soaking tub, tiled walk-in shower, private water closet, and ocean views plus two balconies. The second suite offers a spacious bath with dual vanity, tiled shower/tub and a waterfront deck. Four generous bedrooms include two luxurious primary suites. A third bedroom has an ensuite bath, while the fourth offers flexible space for an office, game room or both. You'll appreciate the many closets and ample storage throughout the home. Outdoor living shines with more than 1,000 square feet of deck and balcony space to soak up coastal breezes, beautiful water views and spectacular sunsets. The private pier and floating dock with two slips make boating, fishing, paddle boarding and kayaking effortless, while offering flexibility to customize your waterfront setup to suit your needs. From the dock or deck, enjoy seasonal fireworks and a front-row seat to the September Dragon Boat races and December holiday boat parade. Year-round, dolphins, seabirds and turtles provide endless entertainment. At ground level, you'll find an outdoor shower and a large, locked storage room for securing bicycles, fishing gear and beach essentials. Parking is flexible, easily accommodating four cars plus a golf cart and boat trailer. Sold fully furnished and move-in ready, the home has been used as a second residence, yet also offers excellent short- or long-term rental potential. Single-family harbor-front homes offering this combination of luxury, boating access and proximity to the beach rarely come to market. Come experience the exceptional coastal lifestyle this home has to offer!
Facts
- Type
- Single Family Residence
- Year built
- 2002
- Lot
- 0.18 acres
- Waterfront
- Pier, Bulkhead, Deeded Water Access, Deeded Waterfront, Marina Front, Sound Side, Water Depth 4+
- County
- New Hanover
- Price per sq ft
- $683
- Stories
- 3
- Construction
- Vinyl Siding, Wood Frame
- Roof
- Architectural Shingle
- Foundation
- Other, Pilings
- Water
- Public
- Property tax
- $6,022 / year (2025)
- Listed
- Aug 12, 2026
- MLS #
- 100595846
Features
Inside
- Walk-in Closet(s)
- High Ceilings
- Kitchen Island
- Elevator
- Blinds/Shades
- Walk-In Closet(s)
- Tile
- Hardwood
- Gas Range
Outside
- Outdoor Shower
- DP50 Windows
- Boat Slip
- Boat Dock
- Bulkhead
- Deeded Water Access
- Deeded Waterfront
- Pier
- Sound Side
- Water Depth 4+
- Marina
- Ocean
- Sound
- Water
Community
- Private Golf Carts Allowed
- Recreation Nearby
- Shopping Nearby
- Short Term Rental
Parking
- Golf Cart Parking
- Underhouse
Heating & cooling
- Heat Pump
- Electric
Directions to 517 Canal Drive
Cross Snows Cut bridge and proceed to Carl Winner Avenue, turn left then turn le3ft on Canal Drive. Travel about .3 miles. Property will be on your left.
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 |
|---|---|---|---|---|---|
| 1001 Waterview Place, Carolina Beach | Oct 30, 2026 | 4 / 4 | 2,496 | $1,395,000 | $559 |
| 408 Goldsboro Avenue, Carolina Beach | Nov 2, 2026 | 4 / 4 | 2,214 | $1,200,000 | $542 |
| 401 Risley Road, Carolina Beach | Jun 9, 2026 | 4 / 4 | 2,600 | $521,000 | $200 |
| 100 Moorefield Drive, Carolina Beach | Aug 3, 2026 | 4 / 4 | 2,219 | $565,000 | $255 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
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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 517 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 three-story property was built in 2002 and offers 2,600 square feet, with four bedrooms and four bathrooms, on a 0.18-acre lot in Carolina Beach. The interior features high ceilings, walk-in closets, a kitchen island, and an elevator, with hardwood and tile flooring. The kitchen includes a gas range. Outside, there is an outdoor shower, underhouse parking, and golf cart parking.
The waterfront setting is the defining feature. The lot has deeded waterfront and deeded water access, a bulkhead, a pier, a boat dock, and a boat slip, with water depth listed at four feet or more. The views include the marina, the sound, the ocean, and open water. The property is not part of a subdivision. Recreation and shopping are nearby, and private golf carts are allowed. Heating and cooling is provided by a heat pump.
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About 517 Canal Drive
517 Canal Drive is a 4-bedroom, 4-bath home of about 2,600 square feet, built in 2002, Carolina Beach, New Hanover County, NC 28428.
Across ZIP 28428, 76 4-bedroom homes sold in the past year at a median of $950,000.
It has been on the market for 91 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for waterfront, condition, lot, views or updates. Ask us for a true comparison.
Homes for sale in Carolina BeachNew Hanover County homesWaterfront homes in Carolina Beach
Buying 517 Canal Drive
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What's my home worth? →Questions about 517 Canal Drive
How much is 517 Canal Drive?
517 Canal Drive is listed at $1,775,000 (about $683 per square foot) as of November 11, 2026. Status: for sale.
How many bedrooms and bathrooms does 517 Canal Drive have?
4 bedrooms and 4 bathrooms, with about 2,600 square feet.
How long has 517 Canal Drive been on the market?
91 days.
Is 517 Canal Drive waterfront?
Yes — the MLS lists it as a waterfront property.
When was 517 Canal Drive built?
2002.
Who is the listing broker for 517 Canal Drive?
Coldwell Banker Sea Coast Advantage-CB (MLS #100595846). The Buddy Blake Team can show it to you and answer questions.
Can I tour 517 Canal Drive?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.