About this home
Discover a rare investment and redevelopment opportunity currently producing income in the heart of Carolina Beach, ideally positioned between the Atlantic Ocean and Carolina Beach Lake Park. With street frontage on both sides and two public beach access points on the same block, this distinctive property offers exceptional flexibility for access, driveways, and parking--along with stunning sunrise views over the ocean and evening sunsets over the lake. Currently configured as a six-unit motel, the property includes two owner-occupied units and four income-producing vacation rentals. Total rental income projections of six figures. It has been continuously well maintained, with a new roof installed in 2025, refurbished decks, and Hardie fiber cement siding added in 2019. With 100 feet of road front, T-1 zoning supports a wide range of potential uses and new construction options, including single-family homes, two-family dwellings, multifamily dwellings, townhomes, condominiums, apartments, commercial or tourist-oriented structures, hotels, motels, and restaurants. Whether envisioned as a primary residence, vacation retreat, rental-income property, commercial enterprise, or long-term investment, this site offers outstanding possibilities. Enjoy easy access to the Carolina Beach Boardwalk, Lake Park, shopping, dining, entertainment, and some of the island's best-known attractions. From the expansive decks, take in ocean sunrises, fresh ocean breezes, and unwind with sunset views over Carolina Beach Lake Park. Ask the listing agent about special financing options available through the preferred lender. Opportunities of this caliber are seldom available - schedule your showing today and explore the potential of this exceptional Carolina Beach property.
Facts
- Type
- Single Family Residence
- Year built
- 1937
- Lot
- 0.14 acres
- Waterfront
- Second Row
- County
- New Hanover
- Price per sq ft
- $403
- Stories
- 2
- Construction
- Composition, Brick Veneer, Fiber Cement, Wood Frame
- Roof
- Architectural Shingle
- Foundation
- Slab
- Listed
- Oct 6, 2026
- MLS #
- 100608412
Features
Inside
- LVT/LVP
- Tile
- Wood
Outside
- Ocean Side
- Second Row
- Lake
- Ocean
- Pond
- Water
Parking
- Parking Lot
- Attached
- On Site
- Paved
Heating & cooling
- Wall Furnace
- Electric
- Wall/Window Unit(s)
- Ceiling Fan(s)
Directions to 616 Carolina Beach Avenue S
US-421 to Carolina Beach. Property is a half block past Carolina Beach Lake Park and across the street from The Veggie Wagon Island Market. (GPS this address: 619 Lake Park Blvd S, Carolina Beach, NC) Property is on the left. This property has two street fronts. 616 Carolina Beach Ave, S, Carolina Beach, NC and 619 Lake Park Blvd. S, Carolina Beach, NC.
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 |
|---|---|---|---|---|---|
| 611 Third Street S, Carolina Beach | Sep 4, 2026 | 4 / 3 | 2,680 | $1,200,000 | $448 |
| 604 S 3rd Street, Carolina Beach | Jul 15, 2026 | 5 / 3 | 3,000 | $1,250,000 | $417 |
| 305 Columbia Avenue, Carolina Beach | Jun 29, 2026 | 4 / 4 | 2,508 | $990,000 | $395 |
| 1117 Bonito Lane, Carolina Beach | Oct 19, 2026 | 4 / 4 | 2,859 | $1,500,000 | $525 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
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.
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About 616 Carolina Beach Avenue S
616 Carolina Beach Avenue S is a 6-bedroom, 7-bath home of about 3,100 square feet, built in 1937, Carolina Beach, New Hanover County, NC 28428.
At $1,250,000, it's 26% above the median asking price ($995,000) of the 5 other 6-bedroom listings for sale in Carolina Beach today.
That's about $403 per square foot, compared with a Carolina Beach median asking price of $477 per square foot.
Across ZIP 28428, 4 6-bedroom homes sold in the past year at a median of $1,025,000.
It has been on the market for 16 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 616 Carolina Beach Avenue S
- See it in person. Pick a time and we'll call to confirm — often same day.
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Own a home near 616 Carolina Beach Avenue S? See what it's worth — a home value report built from real sales in Carolina Beach.
What's my home worth? →Questions about 616 Carolina Beach Avenue S
How much is 616 Carolina Beach Avenue S?
616 Carolina Beach Avenue S is listed at $1,250,000 (about $403 per square foot) as of October 22, 2026. Status: for sale.
How many bedrooms and bathrooms does 616 Carolina Beach Avenue S have?
6 bedrooms and 7 bathrooms, with about 3,100 square feet.
How long has 616 Carolina Beach Avenue S been on the market?
16 days.
When was 616 Carolina Beach Avenue S built?
1937.
Who is the listing broker for 616 Carolina Beach Avenue S?
Coastal Properties (MLS #100608412). The Buddy Blake Team can show it to you and answer questions.
Can I tour 616 Carolina Beach Avenue S?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.