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$1,299,000
New Listing

404 Canal Drive 1
Carolina Beach, NC 28428

For Sale|Townhouse|Active
5
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
3,129
SqFt
$415
/SqFt
2025
Built
Subdivision:
Not In Subdivision
County:
New Hanover
Call Now: (910) 941-8541
Is this the listing for you? We can help make it yours.
(910) 941-8541
404 Canal Drive 1404 Canal Drive 1404 Canal Drive 1404 Canal Drive 1
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OCEAN VIEWS, EXCEPTIONAL FLOOR PLAN & PROVEN RENTAL PERFORMANCE! Just one block from the beach and minutes from the Carolina Beach Boardwalk, marina, dining and shopping, this fully furnished five-bedroom, six-bath townhome offers exceptional space, views and versatility. Designed for large groups yet comfortable enough for intimate getaways, the home sleeps up to 16, balancing personal enjoyment for owners with established short-term rental performance. The reverse floor plan places three bedrooms and the laundry room on the first level, with the primary suite and fifth bedroom on the second and the main living spaces on the top floor. Private bedroom balconies and thoughtful touches, including ensuite bathrooms, bedroom alcoves with writing desks and a chaise lounge in the primary suite, create inviting spaces to relax. An elevator, durable LVP flooring, zoned HVAC and an efficient electric tankless water heater complement the home's thoughtful design. The top-floor living area captures expansive ocean views and gives large groups plenty of room to gather, with dining seating for 12, a spacious sectional and additional chairs. The sleek white kitchen features high-end stainless appliances, including an induction range. There's plenty of counter space and a large island with seating for five plus a pantry and a wet bar with wine chiller. The living room opens to a covered porch and connects to the secluded rooftop deck via an enclosed staircase, extending the living space outdoors for sunbathing, stargazing and taking in sunrises over the ocean or sunsets across the sound. Fully furnished and equipped for vacation rentals, the home is ready for 2027 bookings. Gross rental revenue totaled $76,000 from May through September 2026 for Unit 1, while Units 1 and 2 together generated approximately $150,000 during the same period. Parking accommodates up to seven vehicles. 404 Canal #2 is also available, creating the opportunity to purchase both units together. Whether you envision this as your family's Carolina Beach retreat, a high-performing vacation rental, or both, this property deserves a closer look. Come see the views, the space and the possibilities!

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Listing Snapshot
Price 
$1,299,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
3,129 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
0.14 Acres
Year Built 
2025
MLS Number 
100611471
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
5 hours agoListing updated with changes from the MLS
General Features
Acres 
0.14
Foundation 
OtherRaisedSlabPillar/Post/Pier
Green Energy Efficient 
LightingThermostat
Levels 
Three Or More
Number Of Stories 
3
Parking 
CoveredConcrete
Parking Spaces 
7
Pets 
Yes
Property Sub Type 
Townhouse
Special Circumstances 
Standard
SqFt Total 
3129
Water Source 
Public
Zoning 
T-1
Interior Features
Appliances 
Electric OvenElectric CooktopWasherRefrigeratorDryerDisposalDishwasherTankless Water HeaterMicrowaveElectric Water Heater
Basement 
None
Cooling 
Heat Pump
Fireplace 
Yes
Flooring 
Tile
Furnished 
Furnished
Heating 
Heat PumpElectricZoned
Interior 
Walk-In Closet(s)High CeilingsKitchen IslandElevatorPantryWet BarWired for Data
Laundry Features 
Laundry Room
Bedroom 1 
Dimensions - 15.0x11.0Level - FirstDescription - Private Balcony
Bedroom 2 
Dimensions - 11.0x11.0Level - FirstDescription - Doubles as office or game room
Bedroom 3 
Dimensions - 11.0x17.0Level - SecondDescription - Private Balcony
Bedroom 4 
Dimensions - 14.0x17.0Level - SecondDescription - Private Balcony
Dining Room 
Dimensions - 16.0x15.0Level - Third
Kitchen 
Dimensions - 17.0x11.0Level - Third
Laundry 
Dimensions - 11.0x5.5Level - Second
Living Room 
Dimensions - 17.5x17.0Level - Third
Master Bedroom 
Dimensions - 13.0x17.0Level - SecondDescription - Private Balcony and nook with chaise
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Exterior Features
Construction Details 
Fiber CementFrame
Exterior 
Outdoor ShowerBalcony
Fencing 
None
Frontage 
See Remarks
Patio And Porch 
CoveredDeckRear Porch
Pool Features 
None
Road Frontage 
City StreetState Road
Roof 
Metal
View 
MarinaOceanSoundWater
Waterview 
MarinaOceanSoundWater
Community Features
Accessibility Features 
Accessible Elevator InstalledAccessible Full Bath
Association Amenities 
Elevator(s)
Association Fee Frequency 
Annually
School District 
New Hanover
Financing Terms Available 
CashConventionalVA Loan
Roads 
Paved
Schools
School District
New Hanover
Elementary School
Carolina Beach
Middle School
Murray
High School
Ashley
Listing courtesy of Jaci H Ponzoni of Coldwell Banker Sea Coast Advantage-CB



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-10-20 11:23 PM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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