See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

205 Harper Avenue, Carolina Beach, NC, 28428

12beds
12baths
3,894sqft
$3,000,000
$770price/sqft
$16,945/moest. monthly cost
$677,800/yrincome needed

About This Home

Boutique Historic Inn in the Heart of Carolina Beach. Rare opportunity to acquire a 12-unit historic inn located in the heart of Carolina Beach, just 1,000 feet from the beach and within walking distance to restaurants, shops, and the CB Boardwalk. This two-story property blends preserved historic charm with thoughtful modern updates and is offered fully furnished, including all operational assets and the established business. The property features 12 guest rooms, each with a private bathroom. The ground floor includes four one-bedroom suites, three with full kitchens and one with a kitchenette, each with living and dining areas and private rear decks overlooking a fenced backyard. The second floor offers eight efficiency rooms, four with access to the front porch and four overlooking a garden area. A shared hallway includes a guest refreshment station, and all upper-level rooms include mini refrigerators, microwaves, and Keurig coffee makers. Recent updates include a new HVAC system, interior and exterior paint, and commercial laundry equipment with Queen Speed washers and dryers. The inn operates across major booking platforms including Booking.com, Expedia, Airbnb, and a direct-booking website, with smart locks and off-site guest support in place. The inn currently operates as a pet-friendly property. There is no on-site office, and the property operates as a self-check-in inn. Existing management is willing to remain in place to handle reservations, guest communication, housekeeping, maintenance, and daily operations, providing a smooth transition for new ownership. While significantly improved, the property still offers additional growth potential through further upgrades or operational enhancements. All parties must sign an NDA to view financials. Visit the Carolina Beach Inn's website to explore the property, then schedule a private showing to experience it in person.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

7/10
7/10
Charles P Murray MiddleGrades 6-84.5 mi
5/10
Eugene Ashley HighGrades 9-124.6 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Block,Crawl Space
  • Roof: Membrane,Metal
  • Construction materials: Asbestos

Type & Style

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

Interior

Appliances

  • Appliances included: Mini Refrigerator,Electric Oven,Built-In Microwave,Washer,Refrigerator,Dryer,Dishwasher
  • Laundry features: In Hall,Laundry Room

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedroom4

  • Level: First

Bedroom5

  • Level: Second

Bedroom6

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Entrance Foyer,Ceiling Fan(s),Furnished,Walk-in Shower,Blinds/Shades
  • Flooring: Wood
  • Attic: Partially Floored,Pull Down Stairs

Heating & Cooling

  • Heating features: Space Heater,Electric,Forced Air
  • Cooling features: Central Air,Wall/Window Unit(s),Multi Units

Interior Area

  • Total structure area: 3,894
  • Total interior livable area: 3,894 sqft

Laundry

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Property

Details

  • Parcel number: R09006012012000
  • Zoning: MX
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Open,Covered,Deck,Porch
  • Fencing: Back Yard,Wood
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 3500 - 3999

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 85 x 91 x 83 x 75

Parking

  • Parking features: On Street,Unpaved
  • Has uncovered spaces: Yes

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 $15,169$182,028
Home Insurance *$351$4,212
Property Taxes $1,063$12,756
Electricity $362$4,352
Total$16,945$203,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$580,971/yr
40% on housing$508,350/yr
45% on housing$451,866/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

$770This listing

vs Other Active Listings

Avg $/sqft

ZIP 28428$351
New Hanover County$307

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
2026-02-20Listed for sale$3,300,000
2022-05-12Sold$1,850,000
2022-03-12Pending sale$1,850,000
2022-03-04Listed for sale$1,850,000
2013-10-04Sold$575,000
2006-06-12Sold$450,000
2003-01-01Sold$180,000

For Sale by Agent

AgentReidi Troy
BrokerageProsper Real Estate

Similar Homes