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510 Canal Drive, Carolina Beach, NC, 28428

3beds
3baths
1,543sqft
$745,000
$483price/sqft
$4,317/moest. monthly cost
$172,680/yrincome needed

About This Home

You can stop looking--this is the one! This 3-bedroom, 3 full-bath quintessential beach cottage is a rare find. It showcases the perfect combination of modern upgrades/amenities while retaining its historic beach cottage charm. ''The Croom Cottage'' is a historically recognized property, located in the 500 block of Canal Drive, close to the Carolina Beach Boardwalk and downtown restaurants and amenities, and only one block from 2 public beach accesses! This beach cottage has been lovingly maintained and boasts many impressive upgrades/features including a new (2023) fortified architectural shingle roof; steel beams, piers and pier stabilizers added under the home to support/upgrade the foundation (2024); a new condensate pump and sump pump installed in the crawlspace (2024); and reflective foil radiant barrier and blown fiberglass insulation added in the attic (2022). Stunning historic pine flooring and plantation shutters add to the charming ambiance of this home. The beautifully updated kitchen boasts stainless steel appliances, granite countertops, custom cabinetry (incl. a coffee/wine bar area), a pantry/laundry closet, and a bay-window dining area. The living room provides plenty of space to spread out and flows out to the full-width covered front porch, where you can relax with an evening cocktail and enjoy a beautiful sunset over the canal. Out back is a large deck with abundant entertaining space, including a built-in bar area. Two large guest bedrooms (one with an en-suite bath and walk-in closet) and a full guest bath complete the downstairs. Upstairs is a wonderful surprise: a private Master Suite with a fabulous en-suite bath with custom tile shower and dual-sink vanity--the perfect place to relax and unwind after a day at the beach. Being sold fully furnished, this classic cottage would make a perfect full-time beach home, 2nd home/beach getaway, or investment/rental. Start building your beach memories today.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

7/10
7/10
Charles P Murray MiddleGrades 6-84.2 mi
5/10
Eugene Ashley HighGrades 9-124.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block,Crawl Space
  • Roof: Architectural Shingle,See Remarks
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Built-In Microwave,Washer,Refrigerator,Range,Dryer,Dishwasher
  • Laundry features: Dryer Hookup,Washer Hookup,In Kitchen

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First

Features

  • Walk-in Closet(s),Ceiling Fan(s),Furnished,Pantry,Walk-in Shower,Blinds/Shades,Cedar Closet(s),Gas Log,Walk-In Closet(s),See Remarks61
  • Flooring: Tile,Wood,Hardwood
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Storage

Heating & Cooling

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

Interior Area

  • Total structure area: 1,543
  • Total interior livable area: 1,543 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: R08819004005000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered,Deck,Front Porch
  • Fencing: Partial,Back Yard
  • Has view: Yes
  • View description: Canal,ICW,Water
  • Has water view: Yes
  • Water view: Canal,Water
  • Waterfront features: Third Row
  • Frontage type: See Remarks
  • Living area range: 1400 - 1599

Lot

  • Lot size: 5,227 sqft
  • Features: Third Row
  • Lot size dimensions: 50 x 103 x 50 x 108

Parking

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

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Winter Weather
Inland 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 $3,767$45,204
Home Insurance *$87$1,044
Property Taxes $263$3,156
Electricity $200$2,405
Total$4,317$51,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,011/yr
40% on housing$129,510/yr
45% on housing$115,120/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

$483This listing

vs Other Active Listings

Avg $/sqft

ZIP 28428$357
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$765,000
2026-01-07Listing removed$798,900
2025-09-23Listed for sale$798,900
2025-03-06Sold$739,000
2024-09-08Contingent$739,000
2024-07-09Price change$739,000
2024-05-31Listed for sale$749,995
2021-05-19Sold$475,000
2021-04-06Pending sale$450,000
2021-04-03Listed for sale$450,000
2019-08-20Sold$375,000
2019-07-22Pending sale$379,000
2019-07-12Listed for sale$379,000

For Sale by Agent

AgentAlicia Devereaux
BrokerageNest Realty

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