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1102 Canal Drive #B, Carolina Beach, NC, 28428

5beds
5baths
2,490sqft
$850,000
$341price/sqft
$4,929/moest. monthly cost
$197,160/yrincome needed

About This Home

This stunning 5 bed 4.5 bath island oasis boasts BREATHTAKING WATER VIEWS and comes FULLY FURNISHED with a NEW ROOF, NO HOA DUES, PRIVATE 4-STOP ELEVATOR, MASSIVE INCOME POTENTIAL (*SHORT-TERM RENTALS ARE ALLOWED*) and is APPROVED FOR A SWIMMING POOL!!! The masterfully designed reverse floorplan comfortably accommodates large gatherings while maximizing OCEAN AND SOUND VIEWS throughout, and from SIX MULTI-LEVEL COVERED DECKS spanning the entire width of the front and back of the home! The luxurious penthouse level combines living and dining areas accentuated by walls of glass that fill the home with natural light and offer breathtaking views of the yacht basin, canal, and Myrtle Grove Sound in the front and the Atlantic Ocean in the back. The stylish eat-in kitchen boasts gleaming granite countertops & granite island with raised bar, white cabinetry, updated light fixtures, stainless steel appliances, tile backsplash, wet bar, spacious pantry, and ocean views right from your dining room table! The inviting living room showcases stunning water views enhanced by vaulted ceilings and a cozy gas log fireplace. TWO WATER VIEW PRIMARY SUITES; 3 of the 5 bedrooms boast private en-suite full bathrooms, and 4 bedrooms have their own covered private deck!!! HARDWOODS & TILE THROUGHOUT (no carpet!!!) PRIME LOCATION LESS THAN 1 BLOCK FROM SCOTCH BONNET BEACH ACCESS and a short stroll or golf cart ride to the nationally renowned Carolina Beach Boardwalk, Britt's Doughnuts, Freeman Park, North End Pier, and public kayak launches. PRIVACY FENCED BACK YARD with double gate, stamped concrete patio, PARKING FOR 5-6 VEHICLES, tons of ground level locked storage space, storage shed, and outdoor shower. You really have to see these views in person because pictures don't do them justice!!! This stunning property is priced to sell and could be yours for the 2027 rental season! Schedule your private showing today!!!!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

8/10
7/10
Charles P Murray MiddleGrades 6-83.9 mi
5/10
Eugene Ashley HighGrades 9-123.9 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Other,Pilings
  • Roof: Architectural Shingle
  • Construction materials: Shake Siding,Vinyl Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Oven,Built-In Microwave,Washer,Refrigerator,Ice Maker,Dryer,Disposal,Dishwasher

Bedroom2

  • Level: Second

Bedroom3

  • Level: First

Bedroom4

  • Level: First

Bedroom5

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: Third

Features

  • Walk-in Closet(s),Vaulted Ceiling(s),High Ceilings,Solid Surface,Whirlpool,Kitchen Island,Ceiling Fan(s),Elevator,Furnished,Pantry,Reverse Floor Plan,Walk-in Shower,Wet Bar,Blinds/Shades,Eat-in Kitchen,Gas Log,Walk-In Closet(s)
  • Flooring: Tile,Hardwood
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,490
  • Total interior livable area: 2,490 sqft

Kitchen

  • Level: Third

Living Room

  • Level: Third

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: R08811009009003
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Pool features: See Remarks
  • Patio & porch: Covered,Deck,Balcony,Front Porch,Rear Porch
  • Exterior features: Outdoor Shower
  • Fencing: Privacy,Back Yard,Wood
  • Has view: Yes
  • View description: Canal,ICW,Marina,Ocean,Sound,Water
  • Has water view: Yes
  • Water view: Canal,Marina,Ocean,Sound,Water
  • Waterfront features: Second Row,Sound Side
  • Frontage type: See Remarks
  • Living area range: 2400 - 2599

Lot

  • Lot size: 6,098 sqft
  • Features: Ocean Side,Second Row,Sound Side

Parking

  • Parking features: Golf Cart Parking,Covered,Additional Parking,Lighted,Off Street,On Site,Paved,Underhouse

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 $4,298$51,576
Home Insurance *$99$1,188
Property Taxes $301$3,612
Electricity $231$2,783
Total$4,929$59,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,994/yr
40% on housing$147,870/yr
45% on housing$131,440/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

$341This 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
2026-08-03Listed for sale$850,000
2026-05-10Listing removed$799,900
2026-04-30Listed for sale$799,900
2026-04-23Listing removed$875,000
2026-02-21Price change$875,000
2025-11-11Listed for sale$950,000
2025-03-03Sold$820,000
2025-01-13Pending sale$875,900
2024-10-06Price change$875,900
2024-08-12Listed for sale$899,900
2024-08-01Listing removed--
2024-07-03Price change$899,900
2024-05-09Listed for sale$959,900
2022-10-21Listing removed--
2022-08-03Price change$975,000
2022-07-14Listed for sale$939,900
2010-10-22Sold$365,000
2009-04-02Sold$500,000

For Sale by Agent

AgentCharlie J Jones
BrokerageCharles Jones Realty, Inc.

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