REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jason Walters

jason@waltersteam.com +1(252) 360-1130

$ 649,900

Est. payment | -/mo

4 Beds

2 Baths

1,900 SqFt

Save

$ 649,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,900 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $342

MLS Listing ID 100593303

Style Wood Frame

Bedrooms 4

HOA Y/N No

Year Built 1954

Lot Size 6,273 Sqft

Acres 0.14

Lot Dimensions 50 X 125

Property Sub-Type Duplex

Source Hive MLS

Property Description

''The Enchanted Mermaid'' - Turn-Key Beachside Duplex Just Steps from the Beach & Marina! Welcome to The Enchanted Mermaid, an exceptional, fully furnished coastal duplex that perfectly combines beachside living, modern updates, and outstanding income-producing potential. Ideally situated just steps from the beach and marina, this beautifully maintained property offers breathtaking canal views, an impressive and established vacation rental history, and endless opportunities - whether you're searching for an investment property, vacation home, second home, or full-time coastal residence. This rare duplex features two spacious, turn-key 2-bedroom units, each thoughtfully decorated with bright coastal-inspired furnishings and designed for comfort, convenience, and unforgettable beach vacations. The upper unit offers 1 full bath, while the lower unit offers 1.5 baths. Both units include fully equipped kitchens, private outdoor living spaces, and their own washers and dryers, and both are being sold fully furnished - allowing the next owner to begin enjoying the property or generating rental income immediately. The upper unit (2 bed / 1 bath) welcomes guests with a marina-facing sunroom, an outdoor deck with some ocean views, inviting living spaces, and charming beach decor that captures the relaxed coastal lifestyle. The lower unit (2 bed / 1.5 baths) has operated successfully as a full-time vacation rental since the owners relocated last spring, and is offered fully furnished and rental-ready. It features an updated kitchen with stylish cabinetry, a gas range, refreshed bathrooms, a screened-in front deck, and a covered outside deck - perfect for morning coffee, evening cocktails, or relaxing after a day in the sun. Whether your goal is to maximize rental income by continuing to lease both units, live in one while renting the other, accommodate extended family and guests, or enjoy the entire property as your own private beach retreat, this versatile duplex offers the flexibility today's buyers are looking for. The oversized 50' x 125' lot provides generous outdoor living space with a vinyl-fenced backyard ideal for entertaining, grilling, yard games, or pets. A detached storage building offers ample room for beach equipment, fishing gear, bicycles, and paddleboards - and could easily serve as a fun summer bunkhouse or hobby space. Significant improvements have already been made, giving buyers confidence and peace of mind. Recent updates include a new HVAC system, along with extensive 2023 improvements featuring a French drain, crawl space encapsulation, and dual sump pumps with battery backup to enhance the property's long-term durability and functionality. Location is everything, and The Enchanted Mermaid delivers. Spend your mornings walking to the beach to watch the sunrise, launch your boat from the nearby marina, enjoy fishing, paddleboarding, or kayaking, or simply embrace the laid-back coastal lifestyle. Restaurants, shopping, local entertainment, and area attractions are all just minutes away - making this property especially desirable for vacation guests and owners alike. With proven rental performance, strong income potential, beautiful canal views, modern upgrades, true turn-key convenience, and an unbeatable location near the beach and marina, The Enchanted Mermaid stands out as one of the area's most desirable coastal investment opportunities. Whether you're expanding your real estate portfolio, searching for a profitable short-term rental, looking for a family vacation getaway, or fulfilling your dream of owning a beach home with built-in income, this extraordinary duplex checks every box. Opportunities like this are rare - schedule your private showing today and discover why The Enchanted Mermaid continues to delight guests and create unforgettable coastal memories while offering exceptional investment potential.

Location

State NC

County New Hanover

Community Other

Zoning R-1

Direction Take Lake Park Blvd N then turn left on Winner Ave, make a left on Canal Drive, the home will be on your right.

Location Details Island

Rooms

Basement None

Interior

Interior Features Wash/Dry Connect, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades

Heating Electric, Forced Air

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate, Vinyl

Furnishings Furnished

Appliance Gas Oven, Gas Cooktop, Electric Oven, Washer, Refrigerator, Dryer, Dishwasher, Sump Pump

Laundry Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Mail on Site, Trash on Site

Parking Features Shared Driveway, Gravel, Assigned, Unpaved, On Site

Pool None

Utilities Available Cable Available, Sewer Available, Water Available

Waterfront Description Third Row

View Canal, Water

Roof Type Membrane,Shingle

Accessibility None

Porch Open, Deck, Enclosed, Porch

Garage No

Building

Lot Description Third Row

Entry Level Two

Foundation Crawl Space

Water Public

Level or Stories 2

Structure Type Mail on Site,Trash on Site

New Construction No

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R08815-011-005-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Individual

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors

Listed by Salt Water Real Estate LLC

NEARBY SCHOOLS & PROPERTIES

+1(252) 360-1130

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

GET MORE INFORMATION

QUICK SEARCH

710 Canal DR Carolina Beach, NC 28428