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305 Atlanta Avenue, Carolina Beach, NC, 28428

2beds
1baths
694sqft
$840,000
$1,210price/sqft
$4,842/moest. monthly cost
$193,680/yrincome needed

About This Home

This 1940 beach cottage is ideally situated on the Carolina Beach Lake. This 2-bedroom, 1-bath home offers timeless coastal character with an eat-in kitchen, metal roof, and both front and rear covered screened porches -perfect for enjoying ocean breezes year-round. A utility closet with washer/dryer hookups adds convenience. Step out the back door directly onto the scenic walking path that circles the lake, putting recreation and community events right at your doorstep. The lake park features the Brandy Myers Playground, Stingray Amphitheater, the popular Saturday Carolina Beach Market (May-September), and Movies at the Lake on summer Sunday evenings. Just a short stroll to the Atlanta Ave beach access for sun-filled days by the ocean or Thursday night fireworks. You can also walk or bike to the lively Carolina Beach Boardwalk, Britt's Donuts, local shops, bars and restaurants. Conveniently located near Carolina Beach Elementary School. This unique offering includes an additional 25' x 125' adjacent vacant lot (307 Atlanta Ave), creating a rare oversized lakefront opportunity with multiple development options. Potential uses include building a single-family home or a two-unit building on 305 Atlanta Ave, a single-family home on 307 Atlanta Ave, combining both parcels for a larger custom residence, or developing as a Planned Unit Development (PUD). Whether you're seeking a nostalgic beach cottage, investment property, or prime redevelopment site, this exceptional lakefront location offers endless possibilities.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

8/10
7/10
Charles P Murray MiddleGrades 6-84.9 mi
5/10
Eugene Ashley HighGrades 9-124.9 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Other,Pilings
  • Roof: Metal
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Ceiling Fan(s),Heat Pump

Interior Area

  • Total structure area: 694
  • Total interior livable area: 694 sqft

Property

Details

  • Parcel number: R09010001007000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Screened,Front Porch,Rear Porch
  • Fencing: None
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: None,Lake Front
  • Frontage type: Lakefront
  • Living area range: 600 - 799

Lot

  • Lot size: 6,142 sqft
  • Lot size dimensions: 50' x 125' and 25' x 125' (additional parcel)

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

  • 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 $4,247$50,964
Home Insurance *$98$1,176
Property Taxes $297$3,564
Electricity $200$2,405
Total$4,842$58,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,011/yr
40% on housing$145,260/yr
45% on housing$129,120/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

$1,210This listing

vs Other Active Listings

Avg $/sqft

ZIP 28428$356
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
2026-05-02Price change$840,000
2026-02-20Listed for sale$850,000
2018-05-17Listing removed$950
2018-05-11Listed for rent$950
2012-05-01Listing removed$875
2012-04-13Listed for rent$875

For Sale by Agent

AgentKristen M Dunn
BrokerageBlueCoast Realty Corporation

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