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About this home
Why buy one beach house when you can buy three? Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island. This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished: Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view. Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other. Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub. Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort. Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping. The result? A property that practically runs itself and keeps guests coming back. All furniture included. Just show up and start collecting checks. And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside. Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box. Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort. Listing agent is one of the owners of the property.
Facts
- Type
- Single Family Residence
- Year built
- 1940
- Lot
- 0.36 acres
- County
- New Hanover
- Price per sq ft
- $539
- Stories
- 1
- Construction
- Wood Siding, Wood Frame
- Roof
- Metal
- Foundation
- Crawl Space
- Water
- Public
- Listed
- Apr 9, 2026
- MLS #
- 100565968
Features
Inside
- Master Downstairs
- Vaulted Ceiling(s)
- Solid Surface
- Bookcases
- Kitchen Island
- Ceiling Fan(s)
- Furnished
- Hot Tub
- Pantry
- Walk-in Shower
- Blinds/Shades
- Eat-in Kitchen
- LVT/LVP
- Tile
- Hardwood
Outside
- Outdoor Shower
- Corner Lot
- Landscaped
- Ocean
- Water
Community
- None
Parking
- Off Street
Heating & cooling
- Heat Pump
- Electric
- Forced Air
- Central Air
- Wall/Window Unit(s)
- Ceiling Fan(s)2
Directions to 636 & 644 S Third Avenue
Starting at the intersection at Kure Beach Pier head south, turn right onto E Ave off of Forth Fisher Blvd. Property is on the corner of 3rd and E.
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 |
|---|---|---|---|---|---|
| 301 S Fourth Avenue, Kure Beach | Sep 12, 2026 | 4 / 5 | 3,520 | $1,480,000 | $420 |
| 314 K Avenue, Kure Beach | Jun 30, 2026 | 5 / 4 | 2,751 | $1,000,000 | $364 |
| 1350 S Fort Fisher Boulevard, Kure Beach | Oct 28, 2026 | 5 / 6 | 3,667 | $2,200,000 | $600 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
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Buying in Kure Beach? Local guides
- 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.
- Builder Incentives on New Homes near Wilmington, NCWhich Wilmington-area builders are offering closing-cost help, rate buydowns and upgrade credits right now, where they are, and what to ask before you count on one.
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About 636 & 644 S Third Avenue
636 & 644 S Third Avenue is a 7-bedroom, 7-bath home of about 3,618 square feet, built in 1940, on 0.36 acres, Kure Beach, New Hanover County, NC 28449.
That's about $539 per square foot, compared with a Kure Beach median asking price of $451 per square foot.
It has been on the market for 203 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 636 & 644 S Third Avenue
- See it in person. Pick a time and we'll call to confirm — often same day.
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What's my home worth? →Questions about 636 & 644 S Third Avenue
How much is 636 & 644 S Third Avenue?
636 & 644 S Third Avenue is listed at $1,950,000 (about $539 per square foot) as of October 29, 2026. Status: for sale.
How many bedrooms and bathrooms does 636 & 644 S Third Avenue have?
7 bedrooms and 7 bathrooms, with about 3,618 square feet.
How long has 636 & 644 S Third Avenue been on the market?
203 days.
When was 636 & 644 S Third Avenue built?
1940.
Who is the listing broker for 636 & 644 S Third Avenue?
Fathom Realty NC LLC (MLS #100565968). The Buddy Blake Team can show it to you and answer questions.
Can I tour 636 & 644 S Third Avenue?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.