404 N Third Street, Carolina Beach, NC, 28428
About This Home
Rare chance to own a multi-family lot on the island of Carolina Beach, just steps from the vibrant central business district. This prime location offers easy access to restaurants, shops, the boardwalk, charter fishing, and endless coastal activities. Currently, a cottage sits on the property, but the lot is zoned and sized to accommodate a new triplex building once the existing structure is removed. This creates an exceptional opportunity for investors or homeowners looking to build multiple residences or income-producing rentals in one of the most desirable beach communities in the area.Don't miss your chance to own this versatile property in beautiful Carolina Beach!
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Foundation: Permanent
- Roof: Shingle
- Construction materials: Asbestos,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Washer,Refrigerator,Range,Dryer
Basement
- Basement: None
Bedroom1
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
Features
- Ceiling Fan(s),Blinds/Shades
- Attic: None
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 916
- Total interior livable area: 916 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: R08818014001000
- Zoning: MX
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Open,Covered
- Fencing: Partial
- Living area range: 800 - 999
Lot
- Lot size: 7,840 sqft
- Lot size dimensions: 79 x 102 x 79 x 101
Parking
- Parking features: Unpaved,On Site
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
- Coastal Flooding
- Hurricane
- Lightning
- Winter Weather
- Inland Flooding
- Ice Storm
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New Hanover County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $70 | $840 |
| Property Taxes | $106 | $1,272 |
| Electricity | $200 | $2,405 |
| Total | $3,409 | $40,908 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Price change | $650,000 |
| 2026-02-04 | Price change | $699,000 |
| 2025-09-25 | Listed for sale | $725,000 |
| 2025-08-23 | Listing removed | $675,000 |
| 2025-06-13 | Listed for sale | $675,000 |
| 2025-05-13 | Listing removed | $699,900 |
| 2025-02-28 | Listed for sale | $699,900 |
| 2024-12-05 | Listing removed | $650,000 |
| 2024-08-22 | Price change | $650,000 |
| 2024-06-05 | Listed for sale | $750,000 |
| 1994-03-01 | Sold | $39,000 |
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