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1505 Mackerel Lane Unit 1, Carolina Beach, NC, 28428

5beds
5baths
2,925sqft
$729,900
$250price/sqft
$4,305/moest. monthly cost
$172,200/yrincome needed

About This Home

Tucked away just a few blocks from the ocean, this four-story condo is ready for its next owner, whether you're searching for a full-time residence, a beach retreat, or a strong investment opportunity. Offering 5 bedrooms, 4.5 bathrooms, and an elevator servicing every level, there's plenty of room to spread out. The first floor features two bedrooms connected by a Jack-and-Jill bathroom complete with dual vanities and a walk-in shower. Upstairs on the second level, the main living space is filled with natural light thanks to large windows and glass doors. The kitchen is equipped with stainless steel appliances, ample cabinet and counter space, and a large island with bar seating, and opens directly to the dining and living areas. From here, step out onto a covered deck for outdoor relaxation. This level also includes a third bedroom and full bathroom situated toward the back. The third floor hosts the spacious primary suite, highlighted by a private covered deck and a large ensuite bathroom with dual vanities, a soaking tub, separate walk-in shower, and an oversized walk-in closet. Another bedroom on this level has its own ensuite bathroom and walk-in closet as well. The laundry room is conveniently located nearby. At the top of the home, you'll find two bonus rooms, a half bath, a storage closet, and access to the open rooftop deck, an ideal spot for sunbathing or taking in peekaboo ocean views. Additional features include an outdoor shower and furnishings throughout, making this a truly turnkey coastal property.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

7/10
7/10
Charles P Murray MiddleGrades 6-85.6 mi
5/10
Eugene Ashley HighGrades 9-125.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Shake Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Laundry Room

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom5

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Fourth

Bonus Room

  • Level: Fourth

Dining Room

  • Level: Second

Features

  • Walk-in Closet(s),Kitchen Island,Elevator,Ceiling Fan(s),Furnished,Walk-in Shower,Blinds/Shades,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,925
  • Total interior livable area: 2,925 sqft

Kitchen

  • Level: Second

Living Room

  • Level: Second

Master Bedroom

  • Level: Third

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: R09017012002001
  • Zoning: MH
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Patio & porch: Open,Covered,Deck,Balcony
  • Exterior features: Outdoor Shower
  • Fencing: Partial,Wood
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 2800 - 2999

Lot

  • Lot size dimensions: CONDO

Parking

  • Parking features: On Site,Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Winter Weather
Coastal Flooding
Ice Storm
Tornado
Tsunami

FEMA Declared Disasters in New Hanover County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,690$44,280
Home Insurance *$85$1,020
Property Taxes $258$3,096
Electricity $272$3,269
Total$4,305$51,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,600/yr
40% on housing$129,150/yr
45% on housing$114,800/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 28428$358
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28428$466
New Hanover County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-12Listed for sale$749,900
2026-01-19Listing removed$775,000
2025-10-09Price change$775,000
2025-07-11Price change$789,900
2025-05-09Listed for sale$799,900
2010-09-24Sold$240,000
2010-02-03Sold$391,500

For Sale by Agent

AgentJessica M Keenan
BrokerageNest Realty

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