309 Tennessee Avenue, Carolina Beach, NC, 28428
About This Home
A unique opportunity:...build up to 3 units... Not many double lots this close to the ocean are left...especially in this sought-after neighborhood near Tiki Bar & Sea Grove. Potential for AMAZING VIEWS, steps to the sand, a rare corner lot, and located on a quiet street... This one is truly unique....Not many double lots like this remain, especially on a corner. The sellers are ready to work with a serious buyer. Many possibilities exist here:(1) Build 2 single-family homes. (2) Build an OVERSIZED, LUXURY BEACH HOME with a large RESORT-STYLE POOL and a bigger backyard. (3) Build 3 units: 2 townhomes & 1 single-family home. (4) Build 3 tiny homes via a PUD. (5) Build an oversized 2-unit building, with each unit having its own entrance on a different street. Each unit could be close to 40 ft wide. The oversized parcel on the corner gives you lots of options, as you reorient these lots to meet you desires.,,, if you want to see a 3 unit project on the same size lot, ride by the corner of Alabama & Swordfish. Look at 1622 Swordfish. There is also a Luxury Single family on the opposite corner of Alabama & Swordfish. Call if you have any questions about these options. Details: A huge double lot just steps to the ocean. Nice ocean views are possible from upper porches, with lots of privacy, a corner lot, and plenty of room for a large pool! One of the best locations in Carolina Beach. This listing includes both 307 & 309 Tennessee Ave. Enjoy ocean views down Tennessee Ave. Just a 3-minute walk to Tiki Bar and relaxing beach access. Great surf break out front and the multi-use Sea Trail at the end of the street. The CORNER LOT allows for muitple units, side-load garages, provides more natural light, and offers better views. Note: 207 Tennessee Avenue | Just a Single Lot, sold for $505,000. Tennessee Ave is one of the more sought-after areas in CB, with the ocean on one end and Sea Grove on the other. This is one of CB's nicer neighborhoods, filled with newer beach homes. The property feels bigger and more private due to increased green space in the front yard compared to neighboring streets. To get a sense of this, compare homes on Bowfin to homes on Tennessee Ave--you'll notice how much more private they feel since they sit farther back from the road. They also offer more parking and better ocean views. Build your OVERSIZED DREAM HOME here or build 2 homes. or up to 3 units. This is a rare, oversized parcel very close to the ocean. Call for more details, or if you have questions. The sellers are ready to work with a serious buyer.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Property
Details
- Parcel number: R090140090010001
- Zoning: R-1
- Special condition: Standard
Features
- Has view: Yes
- View description: Ocean,Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Water Access Comm
- Topography of land: Cleared/Partial
Lot
- Lot size: 7,405 sqft
- Features: Water Access Comm
- Lot size dimensions: 75 x 100
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
- Lightning
- Winter Weather
- Coastal 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 | $4,171 | $50,052 |
| Home Insurance * | $96 | $1,152 |
| Property Taxes | $292 | $3,504 |
| Electricity | $200 | $2,405 |
| Total | $4,759 | $57,108 |
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 |
|---|---|---|
| 2026-05-11 | Price change | $835,000 |
| 2026-04-27 | Price change | $840,000 |
| 2026-04-14 | Listed for sale | $845,000 |
| 2024-01-03 | Listing removed | -- |
| 2023-10-21 | Pending sale | $699,000 |
| 2023-09-12 | Price change | $699,000 |
| 2023-09-01 | Price change | $749,000 |
| 2023-08-11 | Listed for sale | $775,000 |
| 2023-02-02 | Listing removed | -- |
| 2022-11-17 | Pending sale | $625,000 |
| 2022-10-20 | Price change | $625,000 |
| 2022-10-05 | Price change | $649,000 |
| 2022-09-28 | Price change | $669,000 |
| 2022-09-22 | Price change | $679,000 |
| 2022-08-24 | Price change | $689,000 |
| 2022-08-12 | Price change | $694,000 |
| 2022-07-21 | Price change | $695,000 |
| 2022-07-19 | Price change | $715,000 |
| 2022-07-14 | Price change | $719,000 |
| 2022-07-03 | Price change | $727,000 |
| 2022-06-30 | Price change | $729,000 |
| 2022-06-23 | Price change | $734,000 |
| 2022-06-16 | Price change | $735,000 |
| 2022-06-14 | Listed for sale | $745,000 |
| 2022-02-24 | Listing removed | -- |
| 2005-05-13 | Sold | $350,000 |
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