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1202 Canal Drive, 
Carolina Beach, NC 28428

$630,000


3

Beds


2

Baths


1,264

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Jaci Ponzoni

Justin Donaton

Coldwell Banker Sea Coast Advantage-Cb

Last updated:

September 2, 2026, 01:05 AM

MLS#

100591199

Source:

NC CCAR

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About This Home

1202 Canal Drive

2026 HVAC + GREAT LOCATION + AFFORDABLE PRICE = EXCELLENT OPPORTUNITY! From ocean sunrises on the back deck to harbor sunsets on the front porch, this charming 3-bedroom, 2-bath furnished beach cottage captures everything you love about island living. Ideally located just one block from the ocean and public beach access, you'll enjoy an easy bike or golf cart ride to the Carolina Beach Pier, Freeman Park, the marina, boardwalk, restaurants, and entertainment. Inside, classic beach cottage character blends seamlessly with thoughtful updates. Charming details including beadboard chair rail, a vaulted wood ceiling in the living room and kitchen, and a retro painted tin ceiling in the primary bedroom create warmth and personality. The spacious kitchen offers ample cabinet space, an island with bar seating, and opens to a large living room on one side and a cozy dining area on the other. There's even a dedicated ''work from anywhere'' nook. In 2024, the home was elevated through a FEMA grant using a resilient helical piling system encased in concrete block. Since then, the owners have made numerous improvements, including a newTRANE HVAC system installed in August 2026, luxury vinyl plank flooring, updated bathrooms, fresh interior paint, and new appliances. Out back, two detached structures offer flexibility for multiple uses. A two-story, approximately 700-square-foot building was previously used as an apartment and could be restored for additional living space, a guest suite, studio, or rental opportunity. Alternatively, the structure could be removed to make way for a new ADU, subject to town review and approval. A separate approximately 250-square-foot workshop provides storage for surfboards, fishing and boating gear, bicycles, and all your beach essentials. There's also room for a pool if one or both structures are removed. This home located in a popular area of the island for vacation rentals (projections available on request). Whether you're searching for a full-time residence, a weekend getaway, or an income-producing beach investment, this classic Carolina Beach cottage offers an unbeatable location, significant recent improvements, and outstanding versatility. Competitively priced and sold furnished, this is an outstanding opportunity to own a beach home just steps from the ocean. Schedule your showing today before it's gone!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1940

Subdivision & Development:

Not In Subdivision

Price Summary

630,000

$498 per Sq. Ft.

MLS #:

100591199

Last Updated:

September 2, 2026, 01:05 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,264 Sq. Ft.


Structure

Structure

Building Area:

1,264 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$630,000

Price per Sq. Ft:

$498 per Sq. Ft.

1202 Canal Drive
MLS Logo
The information being provided by Hive MLS (formerly North Carolina Regional Mls) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Hive MLS (formerly North Carolina Regional Mls) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.